Bridgewater Bancshares Q2 adjusted EPS meets estimates as net interest income rises on loan growth

Bridgewater Bancshares

21/07/2026 21:29

    

    Overview
  
US regional bank's Q2 adjusted EPS met analyst expectations
Net interest income rose 21% annualized from Q1, driven by loan growth and higher yields
Company repurchased $700,000 of stock during the quarter

    

    Outlook
  
Company did not provide specific guidance for the current quarter or full year in the press release

    

    Result Drivers
  
LOAN GROWTH AND REPRICING - Net interest income and margin rose primarily due to growth and repricing of the loan portfolio at higher yields and lower rates paid on deposits
MULTIFAMILY LOANS - Loan portfolio growth was primarily driven by increases in the multifamily portfolio
NONINTEREST INCOME DECLINE - Noninterest income fell sharply due to no net gain on sale of securities compared to the previous quarter

    
Company press release: ID:nBw5nkZ4Da

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Adjusted EPS
Meet
$0.45
$0.45 (4 Analysts)
Q2 EPS
 
$0.45
 
Q2 Net Income
 
$14 mln
 
Q2 Net Interest Income
 
$38.60 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "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 $22.75, about 3.6% above its July 20 closing price of $21.95
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago

    

    Reuters Recommended Reads
  
July 21 - TrustCo Bank Q2 net interest income rises driven by loan repricing 
July 20 - ServisFirst Bancshares Q2 EPS rises 40% on loan growth, higher net interest margin
July 21 - KeyCorp Q2 net interest income rises on lower deposit costs

    
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.)