Bridgewater Bancshares (BWB) Projected to Post Earnings on Thursday

Bridgewater Bancshares (NASDAQ:BWB) is expected to announce its earnings results after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $26,700.00 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Bridgewater Bancshares Stock Performance

Shares of BWB stock opened at $13.95 on Tuesday. The firm has a market cap of $382.65 million, a price-to-earnings ratio of 13.29 and a beta of 0.68. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.02 and a current ratio of 1.02. Bridgewater Bancshares has a 1 year low of $10.52 and a 1 year high of $16.00. The stock’s 50-day moving average is $14.11 and its two-hundred day moving average is $14.08.

Insider Buying and Selling at Bridgewater Bancshares

In other Bridgewater Bancshares news, Director Douglas J. Parish sold 5,750 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $15.05, for a total transaction of $86,537.50. Following the completion of the sale, the director now directly owns 1,636 shares of the company’s stock, valued at $24,621.80. This represents a 77.85 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas P. Trutna sold 2,000 shares of Bridgewater Bancshares stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $15.13, for a total value of $30,260.00. Following the completion of the transaction, the director now owns 100,780 shares in the company, valued at $1,524,801.40. This trade represents a 1.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 17,515 shares of company stock worth $264,102. 23.21% of the stock is owned by insiders.

Bridgewater Bancshares Company Profile

Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.