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Stock impact report

Bridgewater Bancshares, Inc. Announces Record Earnings with Second Quarter 2018 Net Income up 41% over Second Quarter 2017

Bridgewater Bancshares, Inc. (BWB) 
Last bridgewater bancshares, inc. earnings: 4/30 07:05 am Check Earnings Report
Company Research Source: Business Wire
BLOOMINGTON, Minn.--(BUSINESS WIRE)-- Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced record net income of $6.7 million for the second quarter of 2018, a 40.6% increase over net income of $4.8 million for the second quarter of 2017. Net income per diluted common share for the second quarter of 2018 was $0.22, a 14.4% increase, compared to $0.19 per diluted common share for the same period in 2017. Jerry Baack, Chairman, President, and Chief Executive Officer, commented on the quarter, “We are very pleased to report another strong quarter as a publicly traded company. We achieved record net income this quarter, driven by continued organic balance sheet growth, tax reform, and strong asset quality. We have seamlessly integrated the costs associated with being a publicly traded company and continue to exhibit favorable operating le Show less Read more
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