BWB: Bridgewater Bancshares Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Bridgewater Bancshares Inc (BWB).
$370.52M Market Cap.
BWB Market Cap. (MRY)
BWB Shares Outstanding (MRY)
BWB Assets (MRY)
Total Assets
$5.07B
Total Liabilities
$4.61B
Total Investments
$4.60B
BWB Income (MRY)
Revenue
$106.04M
Net Income
$32.83M
Operating Expense
$63.30M
BWB Cash Flow (MRY)
CF Operations
$46.38M
CF Investing
-$95.24M
CF Financing
$150.06M
BWB Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $5,066,242,000 (9.85%) | $4,611,990,000 (6.13%) | $4,345,662,000 (24.96%) | $3,477,659,000 (18.80%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $19,832,000 (604.76%) | $2,814,000 (-3.43%) | $2,914,000 (-6.15%) | $3,105,000 (-5.79%) |
Shareholders Equity | $457,935,000 (7.62%) | $425,515,000 (7.98%) | $394,064,000 (3.90%) | $379,272,000 (42.90%) |
Property Plant & Equipment Net | $49,533,000 (1.32%) | $48,886,000 (0.91%) | $48,445,000 (-1.92%) | $49,395,000 (-3.12%) |
Cash & Equivalents | $229,760,000 (78.72%) | $128,562,000 (47.70%) | $87,043,000 (-39.33%) | $143,473,000 (-10.71%) |
Accumulated Other Comprehensive Income | -$13,364,000 (26.76%) | -$18,246,000 (-1.69%) | -$17,942,000 (-299.22%) | $9,006,000 (36.89%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $4,601,357,000 (7.30%) | $4,288,416,000 (5.07%) | $4,081,557,000 (26.90%) | $3,216,397,000 (19.97%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | $309,421,000 (10.25%) | $280,650,000 (12.85%) | $248,685,000 (24.75%) | $199,347,000 (28.75%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $452,920,000 (9.79%) | $412,538,000 (-13.45%) | $476,655,000 (253.76%) | $134,739,000 (-5.27%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $4,608,307,000 (10.08%) | $4,186,475,000 (5.94%) | $3,951,598,000 (27.54%) | $3,098,387,000 (16.40%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
BWB Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $106,036,000 (-5.19%) | $111,842,000 (-12.85%) | $128,330,000 (17.02%) | $109,668,000 (35.30%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $51,024,000 (9.10%) | $46,769,000 (-1.38%) | $47,423,000 (18.46%) | $40,034,000 (38.88%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $63,300,000 (6.71%) | $59,320,000 (4.77%) | $56,620,000 (19.17%) | $47,513,000 (4.68%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $9,911,000 (-21.10%) | $12,562,000 (-31.42%) | $18,318,000 (15.31%) | $15,886,000 (87.51%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $32,825,000 (-17.86%) | $39,960,000 (-25.16%) | $53,392,000 (16.86%) | $45,687,000 (68.00%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $32,825,000 (-17.86%) | $39,960,000 (-25.16%) | $53,392,000 (16.86%) | $45,687,000 (68.00%) |
Preferred Dividends Income Statement Impact | $4,054,000 (0.00%) | $4,054,000 (0.00%) | $4,054,000 (246.20%) | $1,171,000 (0%) |
Net Income Common Stock | $28,771,000 (-19.87%) | $35,906,000 (-27.22%) | $49,338,000 (10.83%) | $44,516,000 (63.70%) |
Weighted Average Shares | $27,425,690 (-2.05%) | $28,000,570 (1.48%) | $27,590,978 (-1.70%) | $28,066,822 (-0.76%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $42,736,000 (-18.63%) | $52,522,000 (-26.76%) | $71,710,000 (16.46%) | $61,573,000 (72.64%) |
Gross Profit | $106,036,000 (-5.19%) | $111,842,000 (-12.85%) | $128,330,000 (17.02%) | $109,668,000 (35.30%) |
Operating Income | $42,736,000 (-18.63%) | $52,522,000 (-26.76%) | $71,710,000 (15.37%) | $62,155,000 (74.27%) |
BWB Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$95,236,000 (54.47%) | -$209,183,000 (77.70%) | -$938,243,000 (-64.19%) | -$571,425,000 (-7.75%) |
Net Cash Flow from Financing | $150,058,000 (-32.00%) | $220,687,000 (-72.30%) | $796,814,000 (59.37%) | $499,987,000 (-21.39%) |
Net Cash Flow from Operations | $46,376,000 (54.51%) | $30,015,000 (-64.69%) | $84,999,000 (56.72%) | $54,236,000 (135.61%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $101,198,000 (143.74%) | $41,519,000 (173.58%) | -$56,430,000 (-228.04%) | -$17,202,000 (-113.36%) |
Net Cash Flow - Business Acquisitions and Disposals | $17,284,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$106,158,000 (48.55%) | -$206,329,000 (77.80%) | -$929,203,000 (-70.29%) | -$545,648,000 (-7.88%) |
Capital Expenditure | -$4,080,000 (-37.37%) | -$2,970,000 (-81.87%) | -$1,633,000 (-110.17%) | -$777,000 (96.85%) |
Issuance (Repayment) of Debt Securities | $40,000,000 (162.02%) | -$64,500,000 (-118.89%) | $341,500,000 (4400.47%) | -$7,941,000 (75.35%) |
Issuance (Purchase) of Equity Shares | -$5,138,000 (-23.39%) | -$4,164,000 (61.92%) | -$10,936,000 (-442.46%) | -$2,016,000 (79.95%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $3,905,000 (-1.24%) | $3,954,000 (18.38%) | $3,340,000 (37.68%) | $2,426,000 (45.44%) |
Depreciation Amortization & Accretion | $2,927,000 (-3.81%) | $3,043,000 (-0.62%) | $3,062,000 (29.25%) | $2,369,000 (96.43%) |
BWB Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 27.10% (-15.58%) | 32.10% (-16.41%) | 38.40% (-5.42%) | 40.60% (20.83%) |
EBITDA Margin | 43.10% (-13.28%) | 49.70% (-14.75%) | 58.30% (0.00%) | 58.30% (28.13%) |
Return on Average Equity (ROAE) | 6.50% (-25.29%) | 8.70% (-32.56%) | 12.90% (-4.44%) | 13.50% (28.57%) |
Return on Average Assets (ROAA) | 0.60% (-25.00%) | 0.80% (-33.33%) | 1.20% (-14.29%) | 1.40% (40.00%) |
Return on Sales (ROS) | 40.30% (-14.26%) | 47.00% (-15.92%) | 55.90% (-0.36%) | 56.10% (27.50%) |
Return on Invested Capital (ROIC) | 0.80% (-27.27%) | 1.10% (-35.29%) | 1.70% (-10.53%) | 1.90% (46.15%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 12.87 (22.77%) | 10.48 (5.17%) | 9.97 (-10.43%) | 11.13 (-15.37%) |
Price to Sales Ratio (P/S) | 3.49 (3.22%) | 3.38 (-11.25%) | 3.81 (-15.75%) | 4.53 (3.88%) |
Price to Book Ratio (P/B) | 0.81 (-9.10%) | 0.89 (-28.34%) | 1.24 (-5.12%) | 1.31 (-1.65%) |
Debt to Equity Ratio (D/E) | 10.06 (2.28%) | 9.84 (-1.88%) | 10.03 (22.76%) | 8.17 (-18.55%) |
Earnings Per Share (EPS) | 1.05 (-18.60%) | 1.29 (-27.53%) | 1.78 (11.95%) | 1.59 (67.37%) |
Sales Per Share (SPS) | 3.87 (-3.20%) | 3.99 (-14.13%) | 4.65 (19.04%) | 3.91 (36.32%) |
Free Cash Flow Per Share (FCFPS) | 1.54 (59.63%) | 0.97 (-68.02%) | 3.02 (58.58%) | 1.91 (3328.81%) |
Book Value Per Share (BVPS) | 16.7 (9.87%) | 15.2 (6.41%) | 14.28 (5.69%) | 13.51 (44.00%) |
Tangible Assets Book Value Per Share (TABVPS) | 184 (11.78%) | 164.61 (4.58%) | 157.4 (27.14%) | 123.8 (19.74%) |
Enterprise Value Over EBIT (EV/EBIT) | 15 (25.00%) | 12 (9.09%) | 11 (57.14%) | 7 (-46.15%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 13.61 (17.86%) | 11.55 (9.29%) | 10.57 (51.27%) | 6.99 (-45.71%) |
Asset Turnover | 0.02 (-8.33%) | 0.02 (-25.00%) | 0.03 (-3.03%) | 0.03 (10.00%) |
Current Ratio | - | - | - | - |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $42,296,000 (56.39%) | $27,045,000 (-67.56%) | $83,366,000 (55.94%) | $53,459,000 (3303.06%) |
Enterprise Value (EV) | $621,486,072 (-3.14%) | $641,651,706 (-18.78%) | $790,026,950 (76.88%) | $446,653,081 (-5.85%) |
Earnings Before Tax (EBT) | $42,736,000 (-18.63%) | $52,522,000 (-26.76%) | $71,710,000 (16.46%) | $61,573,000 (72.64%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $45,663,000 (-17.82%) | $55,565,000 (-25.69%) | $74,772,000 (16.94%) | $63,942,000 (73.42%) |
Invested Capital | $5,269,570,000 (7.69%) | $4,893,152,000 (3.40%) | $4,732,360,000 (36.54%) | $3,465,820,000 (19.28%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $5,046,410,000 (9.49%) | $4,609,176,000 (6.14%) | $4,342,748,000 (24.99%) | $3,474,554,000 (18.83%) |
Market Capitalization | $370,521,072 (-2.13%) | $378,567,706 (-22.66%) | $489,463,950 (-1.42%) | $496,502,081 (40.56%) |
Average Equity | $445,746,750 (7.89%) | $413,151,750 (7.99%) | $382,598,750 (16.20%) | $329,269,000 (27.11%) |
Average Assets | $4,791,975,750 (4.31%) | $4,593,786,000 (15.09%) | $3,991,458,250 (21.86%) | $3,275,438,750 (20.47%) |
Invested Capital Average | $5,031,679,500 (1.64%) | $4,950,293,250 (17.23%) | $4,222,867,500 (29.93%) | $3,250,028,000 (16.05%) |
Shares | 27,425,690 (-2.05%) | 28,000,570 (1.48%) | 27,590,978 (-1.70%) | 28,066,822 (-0.76%) |
