Bridgewater Bancshares Q3 adjusted EPS beats estimates

Bridgewater Bancshares

20/10/2026 21:25

Overview
US regional bank's Q3 adjusted EPS rose yr/yr and beat analyst expectations
Net interest income increased yr/yr, driven by loan growth and higher yields
Company reported strong deposit growth from prior quarter

Outlook
Company says balance sheet is positioned for a higher interest rate environment
Bridgewater expects mix shift to variable-rate loans to support performance if rates rise
Company expects to sustain profitable growth through client relationship expansion

Result Drivers
HIGHER LOAN YIELDS - Net interest margin rose due to loan and securities portfolio growth and repricing at higher yields
LOAN AND INVESTMENT GROWTH - Net interest income increased mainly from loan and investment portfolio growth at higher yields
CORE DEPOSIT GROWTH - Core deposits rose, improving deposit mix and supporting loan growth

Company press release: ID:nBw5PgCSxa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$0.49
$0.47 (4 Analysts)
Q3 EPS
 
$0.49
 
Q3 Net Income
 
$15 mln
 
Q3 Net Interest Income
 
$40.7 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for Bridgewater Bancshares Inc is $24.00, about 18.1% above its October 19 closing price of $20.33
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Reuters Recommended Reads
Oct 20 - KeyCorp Q3 revenue rises 8% to record, profit up 24%
Oct 19 - Zions Bancorp Q3 EPS rises 20% on improved credit quality
Oct 19 - Western Alliance Bancorp Q3 revenue slightly beats estimates, profit rises on wider interest margin

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)