Bridgewater Bancshares Inc Q1 Profit Increases, Beats Estimates

Bridgewater Bancshares Inc (BWB) revealed earnings for its first quarter that increased from the same period last year and beat the Street estimates.

The company's earnings totaled $8.62 million, or $0.31 per share. This compares with $6.82 million, or $0.24 per share, last year.

Excluding items, Bridgewater Bancshares Inc reported adjusted earnings of $0.32 per share for the period.

Analysts on average had expected the company to earn $0.29 per share. Analysts' estimates typically exclude special items.

Bridgewater Bancshares Inc earnings at a glance (GAAP) :

-Earnings: $8.62 Mln. vs. $6.82 Mln. last year.
-EPS: $0.31 vs. $0.24 last year.

by RTTNews Staff Writer

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