Bridgewater Bancshares

Q3 FY2026 EarningsBWB Q3 FY26 beat consensus on both top and bottom lines, with Diluted EPS of $0.49 vs. $0.47 expected and Net Income of $15.0M vs. $13.6M expected. Revenue of $43.2B (on a total operating basis) slightly exceeded the $41.8B mean forecast, driven by robust core deposit growth of 19.6% annualized and a Net Interest Margin expansion to 3.09%. While net loan charge-offs ticked up to 0.21% from 0.04% QoQ, asset quality remained stable with NPAs at 0.37% of total assets, outperforming the efficiency ratio target by dropping below 50% for the first time since Q1 2023.