Bridgewater: Q4 Earnings Snapshot
ST. LOUIS PARK, Minn. (AP) _ Bridgewater Bancshares, Inc. (BWB) on Wednesday reported fourth-quarter profit of $13.7 million.
The St. Louis Park, Minnesota-based bank said it had earnings of 45 cents per share.
The company posted revenue of $50.6 million in the period. Its revenue net of interest expense was $34.6 million, falling short of Street forecasts.
For the year, the company reported profit of $53.4 million, or $1.72 per share. Revenue was reported as $136 million.
Bridgewater shares have decreased 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $17.20, a decline of 3% in the last 12 months.