
Bridgewater Bancshares (BWB) Stock Forecast & Price Target
Bridgewater Bancshares (BWB) Analyst Ratings
Bulls say
Bridgewater Bancshares Inc. demonstrated a robust financial performance with core deposits expanding by 11.5% annualized and non-interest income (NII) increasing by 8% quarter-over-quarter to $32.8 million, exceeding expectations. The net interest margin (NIM) also improved, rising by 11 basis points to 2.62%, indicating effective management of interest-bearing assets and liabilities. Additionally, the strong growth in non-interest-bearing balances, up 17.6% annualized, suggests an increasing customer base and improved deposit retention, which are pivotal for the company's financial stability and growth potential.
Bears say
Bridgewater Bancshares's outlook is negatively influenced by potential economic weakness in Minnesota, which could adversely affect the company's operations and financial objectives. The company's substantial exposure to commercial real estate, constituting over one-third of its loan book, raises concerns about its operational performance amidst a downturn in that sector. Additionally, a decline in noninterest income and risks related to slower loan and deposit growth, credit quality deterioration, and elevated operating expenses further contribute to a challenging financial landscape for the company.
This aggregate rating is based on analysts' research of Bridgewater Bancshares and is not a guaranteed prediction by Public.com or investment advice.
Bridgewater Bancshares (BWB) Analyst Forecast & Price Prediction
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