
Bridgewater Bancshares (BWB) Stock Forecast & Price Target
Bridgewater Bancshares (BWB) Analyst Ratings
Bulls say
Bridgewater Bancshares Inc demonstrated a positive financial trajectory, evidenced by an 11% last quarter annualized (LQA) increase in certificates of deposit (CDs), fueled by significant growth in noninterest bearing deposits (NIB) by 49% and interest bearing demand deposits (IB DDA) by 15%. The company also saw a sequential rise in special mention loans by $7.2 million, while substandard loans decreased by 9%, indicating a strengthening loan portfolio and effective risk management. Additionally, both tangible book value (TBV) and tangible common equity (TCE) grew by 4% quarter-over-quarter, underscoring enhanced profitability with a return on assets (ROA) of 0.9% and a notable expansion in core net interest margin (CoreNIM) to 2.62%.
Bears say
Bridgewater Bancshares Inc faces potential risks stemming from its significant exposure to commercial real estate, which constitutes over one-third of its loan book, making it vulnerable to downturns in the housing market. A weakening general economy in Minnesota could adversely affect the company’s operations and financial condition, hindering its ability to achieve financial and strategic objectives. Additionally, challenges such as slower loan and deposit growth, credit quality deterioration, elevated operating expenses, and adverse macroeconomic factors could further impede the company's performance.
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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