Bridgewater: Q3 Earnings Snapshot
By AP News
Published - Oct 23, 2024, 04:53 PM ET
Last Updated - Oct 23, 2024, 04:53 PM EDT
ST. LOUIS PARK, Minn. (AP) — ST. LOUIS PARK, Minn. (AP) — Bridgewater Bancshares, Inc. (BWB) on Wednesday reported third-quarter profit of $8.7 million.
The St. Louis Park, Minnesota-based bank said it had earnings of 27 cents per share.
The company posted revenue of $64.5 million in the period. Its revenue net of interest expense was $27.1 million, meeting Street forecasts.
Bridgewater shares have increased 12% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $15.19, a climb of 65% in the last 12 months.
