Filing Flows › Bridgewater Bancshares (BWB) › Q3 2026 › vs Q3 2025
Bridgewater Bancshares (BWB) Q3 2026 vs Q3 2025 (year over year)
Bridgewater Bancshares's revenue rose $7.1M (+20%) from $36.2M in Q3 2025 to $43.2M in Q3 2026. The biggest changes: Net interest income +$6.6M (+19%); Noninterest income +$512K (+25%). Operating margin 44.3% against 41.8% (+2.5 pts).
Bridgewater Bancshares, Q3 2026: revenue $43.2M (+20% year over year), operating margin 44.3%, net earnings $15.0M, operating cash flow $46.0M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 44.3% | 41.8% | +2.5 pts |
| Net margin | 34.8% | 32.1% | +2.7 pts |
| Free cash flow margin | 105.3% | 23.6% | +81.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Net interest income | $40.7M | $34.1M | $6.6M | +19% |
| Noninterest income | $2.6M | $2.1M | $512K | +25% |
| Revenue | $43.2M | $36.2M | $7.1M | +20% |
| Operating profit | $19.1M | $15.1M | $4.0M | +27% |
| Costs & expenses | $24.1M | $21.1M | $3.0M | +14% |
| Pre-tax earnings | $19.1M | $15.1M | $4.0M | +27% |
| Credit loss provision | $2.8M | $1.1M | $1.6M | +150% |
| Noninterest expense | $21.3M | $20.0M | $1.4M | +7% |
| Net earnings | $15.0M | $11.6M | $3.4M | +30% |
| Income tax | $4.1M | $3.5M | $617K | +18% |
| Depreciation & amortization | $631K | $625K | $6K | +1% |
| Share-based compensation | $1.4M | $1.1M | $280K | +26% |
| Working capital & other | $29.0M | −$3.2M | $32.1M | — |
| Operating cash flow | $46.0M | $10.1M | $35.8M | +353% |
| Free cash flow (OCF − capex) | $45.5M | $8.5M | $37.0M | +433% |
| Capital expenditures | $431K | $1.6M | −$1.2M | -73% |
Questions
How much did Bridgewater Bancshares's revenue grow year over year in Q3 2026?
Bridgewater Bancshares's revenue rose $7.1M (+20%) from $36.2M in Q3 2025 to $43.2M in Q3 2026.
What drove Bridgewater Bancshares's revenue change in Q3 2026?
Net interest income +$6.6M (+19%); Noninterest income +$512K (+25%).