BWB

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. The fair value estimate for Bridgewater Bancshares has shifted from US$22.13 to US$24.00, pointing to an updated long term price target in the mid US$20s. This aligns with recent analyst research that has refreshed earnings expectations for 2026 and 2027 and reset price targets in the US$24 to US$25 range as they weigh upside potential against execution risk. As you read on, you will see how these changing targets and views contribute to the evolving narrative around Bridgewater Bancshares and what that might mean for your own watchlist. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Bridgewater Bancshares. Recent commentary on Bridgewater Bancshares from Stephens and Piper Sandler centers on upside potential following what both firms describe as recent share underperformance relative to bank peers. Stephens upgraded Bridgewater Bancshares to Overweight from Equal Weight and lifted its price target to US$25 from US$21.50. The firm also adjusted its operating EPS estimates to US$1.85 for 2026 and US$2.10 for 2027, which it views as better reflecting earnings power over the next two years. Piper Sandler raised its Bridgewater Bancshares target to US$24 from US$23 and maintained an Overweight rating. The firm highlights the roughly 4.8% underperformance versus the Nasdaq Bank Index as an entry point for investors who are comfortable with the current risk profile. Both Stephens and Piper Sandler acknowledge that execution risk remains an important factor, particularly around delivering on the higher 2026 and 2027 EPS estimates that underpin their revised price targets. Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives! We've flagged 1 risk for Bridgewater Bancshares. See which could impact your investment. Fair value moved from US$22.13 to US$24.00, indicating a moderate increase in the long term valuation estimate for Bridgewater Bancshares. Revenue growth in the model shifted from 10.67% to 10.61%. Net profit margin moved from 36.04% to 33.42%. Future P/E changed from 10.77x to 12.10x. The discount rate moved from 7.50% to 7.47%. Narratives connect Bridgewater Bancshares' business story to a set of earnings forecasts, risks, and a fair value estimate. They update over time as new analyst research, company actions, and market data come through. Head over to the Simply Wall St Community and follow the Narrative on Bridgewater Bancshares to stay up to date on: How expansion in the Minneapolis St. Paul metro area, along with consolidation among regional banks, is feeding into expectations for deposit growth, loan pipelines, and new client acquisition. What ongoing investment in digital banking and online platforms could mean for efficiency, customer reach, and the balance between interest and noninterest income. Key risks such as heavy exposure to commercial real estate and multifamily lending, a concentrated Minnesota footprint, rising competition, and higher regulatory and compliance costs. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BWB. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved a return on average assets (ROA) above 1% for the first time since early 2023, driven by significant net interest margin (NIM) expansion and 21% annualized net interest income growth. Capitalized on Twin Cities market disruption from competitor M&A to hire 15 key personnel, intentionally pulling forward expenses to secure long-term scaling capacity. Prioritized profitable growth over volume, maintaining a disciplined 5.4% annualized loan growth rate while avoiding low-spread deals where competition has become irrational. Successfully expanded the loan yield by 10 basis points in Q2 through the repricing of the fixed-rate portfolio, which represents 64% of total loans. Shifted the loan mix toward a more rate-neutral position, increasing variable rate loans to 25% of the portfolio compared to 18% a year ago. Maintained strong asset quality with minimal net charge-offs of four basis points, despite a modest uptick in non-performing assets linked to a single substandard mixed-use property. Management expects mid to high single-digit loan growth for the remainder of 2026, contingent on core deposit growth and the pace of elevated loan payoffs. NIM expansion is projected to continue in the second half of 2026, though the pace of expansion is expected to slow compared to the first half of the year. Non-interest expenses are forecasted to remain relatively flat for the rest of 2026, as the heavy lifting of opportunistic hiring was front-loaded in the first half. The bank aims to align its variable rate loan book with its variable rate deposit book, targeting a long-term variable loan mix of 30% to 40%. Anticipates continued momentum in the affordable housing vertical, which currently offers higher yields than the core commercial real estate portfolio. Increased the specific reserve for a central business district office loan to $4 million as the bank moves toward a near-term disposition of the asset. Reported elevated loan payoff activity, which management views as a natural catch-up of the life cycle for client projects that have reached stabilization. Utilized an at-the-market (ATM) offering for capital optionality, though no shares have been issued under the program to date. Tangible book value increased 17% annualized to $16.61, representing over 50% growth over the last four and a half years. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Payoffs are driven by the natural life cycle of client transactions—buying, improving, and stabilizing assets—rather than specific rate concerns. Management expects the current pace of payoffs to remain consistent through the back half of the year and has modeled guidance accordingly. Deposit competition remains fierce, but the bank sees opportunities to capture low-cost deposits from larger regionals disrupted by M&A. Management is walking away from loan deals with spreads as tight as 150 basis points over SOFR, choosing to focus on core relationships and higher-yielding affordable housing. Two credits—a $10.5 million mixed-use property and an $8.6 million office loan—make up 90% of total NPAs. The bank is pursuing near-term dispositions for both assets, with a specific reserve of nearly $1 million already held against the mixed-use property. While the ratio has glided higher due to talent investments, management expects to generate positive operating leverage as new hires migrate their client relationships over. The bank will continue to prioritize long-term scalability over short-term expense ratios if high-quality talent becomes available.

This article first appeared on GuruFocus. Return on Assets (ROA): Surpassed 1% for the first time since early 2023. Net Interest Margin: Expanded to 3.07%, exceeding the 3% goal set for 2026. Net Interest Income Growth: Increased by 21% annualized in the second quarter. Loan Growth: Grew at an annualized pace of 5.4%. Core Deposits: Declined 3.5% in the second quarter. Common Stock Repurchase: Approximately $700,000 repurchased at an average price of $18.12 per share. Tangible Book Value: Increased 17% annualized to $16.61. Nonperforming Assets: Increased to 40 basis points. Net Charge-offs: Very low at 4 basis points for the second quarter. CET1 Ratio: Increased 8 basis points to 9.61%. Affordable Housing Loan Growth: 22% year-over-year growth, making up 16% of the loan portfolio. Warning! GuruFocus has detected 6 Warning Signs with BWB. Is BWB fairly valued? Test your thesis with our free DCF calculator. Release Date: July 22, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Bridgewater Bancshares Inc (NASDAQ:BWB) reported a strong quarter with improved profitability and surpassed a 1% return on assets (ROA) for the first time since early 2023. Net interest income grew impressively by 21% annualized in the second quarter, driven by net interest margin expansion. The company successfully added 15 key hires from competitor banks, strengthening its talent base and supporting future scaling. Asset quality remained strong with minimal net charge-offs and stabilization across watch, special mention, and substandard loans. Tangible book value increased by 17% annualized to $16.61, highlighting the company's strong capital position. Personnel expenses were elevated due to opportunistic hiring, impacting short-term expense management. Core deposits declined by 3.5% in the second quarter, reflecting seasonal lows and real estate clients investing cash into new projects. Loan growth was moderated due to slower core deposit growth and elevated competition, with some spreads being too tight for the company's liking. Nonperforming assets increased modestly, driven by a mixed-use property already rated substandard. The company faces strong competition in both deposit pricing and loan pricing, impacting its ability to grow deposits and loans at desired rates. Q: Can you provide more details on the loan growth and payoff activities? A: Nicholas Place, Chief Lending Officer: The payoff activity is largely due to the natural lifecycle of transactions where clients buy, improve, and stabilize assets before refinancing or selling. This is a catch-up from previous low activity levels. We expect the current pace of payoffs to continue in the near term. Q: Is further margin expansion more dependent on earning assets now? A: Joseph Chybowski, President and CFO: Yes, the margin expansion is now more driven by the loan portfolio through growth and repricing, rather than deposit costs, which were a significant factor last year. Q: Can you provide an update on the multifamily loan added to nonaccrual status? A: Katie Morrell, Chief Credit Officer: We have a specific reserve of less than $1 million against this loan. We aim for a near-term resolution, although some factors are beyond our control. Q: What are you seeing in terms of competitive deposit and loan pricing in the Twin Cities? A: Nicholas Place, Chief Lending Officer: Deposit competition remains strong, but we see opportunities to acquire deposits at low costs. On the loan side, competition for quality assets is intense, with some spreads as low as 150 basis points over SOFR, which we choose not to compete with. Q: How do you view the loan production capacity with the expanded team? A: Nicholas Place, Chief Lending Officer: We have not reached maximum capacity. The new hires are expanding our client base, and while we are disciplined in aligning loan growth with core deposits, there is room to increase loan production. Q: What is the expected repricing rate for the $600 million of time and brokered deposits? A: Jerry Baack, Chairman and CEO: These deposits are expected to reprice between 4% and 4.5%. We continue to look for opportunities to supplement core deposit growth. Q: Is there a target level for the variable rate loan mix? A: Nicholas Place, Chief Lending Officer: We aim to align our variable rate loan book with our variable rate deposit portfolio, targeting a long-term mix of 30% to 40% variable rate loans. Q: How do you plan to manage expenses given the slower loan growth? A: Joseph Chybowski, President and CFO: We continue to invest in people and technology, taking advantage of market disruptions. While expenses were front-loaded, we expect them to remain relatively flat for the rest of the year. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Interested in Bridgewater Bancshares, Inc.? Here are five stocks we like better. Bridgewater Bancshares posted a strong second quarter, with net interest margin rising to 3.07% and return on assets moving back above 1% for the first time since early 2023. Management said improved profitability was driven by loan repricing, higher net interest income, and disciplined balance sheet management. Loan growth remained steady while deposit growth was mixed. Loans grew at a 5.4% annualized pace, but core deposits fell due to seasonal weakness and some client cash moving into projects, leading the bank to use wholesale funding and stay selective on pricing. Credit quality and capital remained solid, with net charge-offs at just four basis points and CET1 capital rising to 9.61%. The company also continued to build tangible book value and selectively repurchase stock while maintaining a focus on profitable growth, especially in affordable housing. Bridgewater Bancshares (NASDAQ:BWB) reported improved second-quarter profitability, driven by continued net interest margin expansion, net interest income growth and disciplined balance sheet management, executives said on the company’s 2026 second quarter earnings call. Chairman and Chief Executive Officer Jerry Baack said the company “reported another strong quarter,” citing market share gains, improved profitability and growth in tangible book value. Baack said Bridgewater surpassed a 1% return on assets for the first time since early 2023, largely because of net interest margin expansion and higher net interest income. → Buyback Boom: These 3 Companies Are Betting Billions on Their Own Stocks The bank reported a second-quarter net interest margin of 3.07%, exceeding the 3% goal management had set for the end of 2026. Net interest income grew at a 21% annualized pace in the quarter, according to Baack and President and Chief Financial Officer Joe Chybowski. Chybowski said Bridgewater entered 2026 with a 2.75% margin in the fourth quarter of 2025 and had already surpassed its full-year target by the end of the second quarter. He said the company’s June 2026 net interest margin was 3.08%, compared with 3.07% for the full quarter. → 3 Photonics Companies Making Quantum Tech Possible “With deposit costs stabilizing, the margin expansion during the quarter was primarily due to the ongoing loan repricing we have seen across our portfolio,” Chybowski said. He added that loan fees also increased as payoffs remained elevated. Loan yields expanded 10 basis points during the quarter and were up 13 basis points year to date. Chybowski said the company’s larger fixed-rate portfolio, which makes up 64% of the loan book, continues to reprice. He noted that $629 million of fixed-rate loans are scheduled to mature over the next 12 months at a weighted average yield of 5.62%, along with $114 million of adjustable-rate loans repricing or maturing at 3.99%. → AI Data Centers Need Power, and These 2 Industrials Are Cashing In Management said it expects additional net interest margin expansion in the second half of 2026, but at a slower pace than in the second quarter. In response to an analyst question, Chybowski said future margin gains are expected to come primarily from the earning asset side rather than lower funding costs. Chief Banking Officer Nick Place said total deposits increased $41 million, or 3.8% annualized, from the first quarter, while core deposits declined 3.5%. He said the decline was not unusual given the company’s commercial deposit base and the second quarter’s typical seasonal weakness. Place said some real estate clients invested cash into new projects, contributing to deposit outflows. The company supplemented core deposits with wholesale funding during the period. Loan balances grew at a 5.4% annualized pace in the second quarter, consistent with the first quarter. Place said Bridgewater has been more selective on loan pricing and structure as core deposit growth slowed in the first half of the year and competition remained elevated. “To us, being disciplined means knowing we don’t need to grow at any cost,” Place said. He said Bridgewater is targeting mid- to high-single-digit loan growth for the rest of 2026, depending on core deposit growth, competition and payoffs. Place said payoff activity remains a near-term headwind, driven by asset sales and refinancing activity as agency spreads tightened. During the question-and-answer session, he described recent payoffs as a “catch-up” in the natural lifecycle of client transactions, rather than a source of concern. Bridgewater continued to emphasize affordable housing, which Place described as a key growth vertical representing about 16% of the loan portfolio. He said affordable housing loans grew 22% year over year, though balances were relatively flat in the second quarter because of a larger payoff in a C&I credit. The multifamily portion of the affordable housing portfolio continued to grow and now represents 75% of affordable housing balances, Place said. He added that new affordable housing originations typically carry higher yields than the broader loan portfolio, supporting profitability. Overall loan growth in the second quarter was concentrated in multifamily, while construction and development declined as some commercial construction projects completed and moved into multifamily or other commercial real estate categories. Baack said Bridgewater added talent during the quarter amid continued market disruption in the Twin Cities. Year to date, the company has hired 15 individuals from competitor banks that were recently acquired, including production and office staff. Chybowski said the hiring led to elevated personnel expenses in the first half of 2026, but management believes the additions will support future growth and scalability. He said Bridgewater generated positive operating leverage in the second quarter, with total revenue increasing at a 20% annualized pace while non-interest expense rose 13%. Management expects expenses in the third and fourth quarters to remain relatively flat compared with second-quarter levels. In response to an analyst question, Chybowski said the company moved quickly to hire available talent rather than spread the hiring evenly throughout the year. Chief Credit Officer Katie Morrell said the company’s overall credit profile remains strong. Non-performing assets rose modestly to 40 basis points, driven by one mixed-use property that was already rated substandard. Morrell said Bridgewater is working with the borrower as they pursue a sale of the property and remains optimistic about a near-term resolution. Morrell also provided an update on a central business district office loan moved to nonaccrual in the first quarter of 2025. She said the company is taking steps toward a near-term disposition of the asset and has increased the specific reserve on the loan to $4 million because of limited leasing progress over the past year. Net charge-offs remained low at four basis points in the second quarter. Morrell said watch, special mention and substandard loans were stable, each at about 1% of total loans. The allowance for credit losses declined five basis points from a year ago to 1.30% of loans, and Morrell said the company expects to reduce the reserve further as it executes problem loan action plans and resolves remaining credit issues. Bridgewater also continued to build capital through retained earnings. Chybowski said the company’s CET1 ratio increased to 9.61% from 9.53%. The company repurchased approximately $700,000 of common stock during the quarter at a weighted average price of $18.12 per share. Chybowski said Bridgewater has not issued shares under the at-the-market offering it launched in the first quarter. Baack said tangible book value increased at a 17% annualized pace to $16.61 and has grown more than 50% over the past four and a half years. He said the company remains focused on taking market share profitably, maintaining credit discipline and growing in targeted areas such as affordable housing. Bridgewater Bancshares, Inc is the bank holding company for Bridgewater Bank, a New Jersey-chartered community bank founded in 2006. Headquartered in Bridgewater, New Jersey, the company provides a broad array of financial services designed to meet the needs of both individual and business customers. As a locally focused institution, Bridgewater Bancshares emphasizes relationship banking, combining personalized service with the efficiency of modern banking technologies. The company’s retail banking platform offers checking and savings accounts, certificates of deposit, money market accounts and consumer loan products. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Bridgewater Bancshares Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Bridgewater (BWB) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.17%. A quarter ago, it was expected that this company would post earnings of $0.42 per share when it actually produced earnings of $0.41, delivering a surprise of -2.38%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Bridgewater, which belongs to the Zacks Banks - Northeast industry, posted revenues of $40.89 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.72%. This compares to year-ago revenues of $36.08 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Bridgewater shares have added about 25.2% since the beginning of the year versus the S&P 500's gain of 8.7%. While Bridgewater has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Bridgewater was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.48 on $41.8 million in revenues for the coming quarter and $1.87 on $164.3 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Northeast is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Chain Bridge Bancorp, Inc. (CBNA), is yet to report results for the quarter ended June 2026. This company is expected to post quarterly earnings of $1.32 per share in its upcoming report, which represents a year-over-year change of +88.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Chain Bridge Bancorp, Inc.'s revenues are expected to be $19.53 million, up 54.7% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bridgewater Bancshares, Inc. (BWB) : Free Stock Analysis Report Chain Bridge Bancorp, Inc. (CBNA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Second Quarter 2026 Highlights Net income of $14.0 million, or $0.45 per diluted common share. Net interest income increased $1.9 million, or 21.0% annualized, from the first quarter of 2026. Net interest margin (on a fully tax-equivalent basis) of 3.07%, an increase of eight basis points from the first quarter of 2026. Yield on total loans of 5.91% for the second quarter of 2026, an increase of 10 basis points from the first quarter of 2026. Gross loans increased by $58.3 million, or 5.4% annualized, from the first quarter of 2026. Total deposits increased by $40.7 million, or 3.8% annualized, from the first quarter of 2026; core deposits(2) decreased by $29.9 million, or 3.5% annualized, from the first quarter of 2026. Efficiency ratio(1) of 53.0%, down from 56.3% for the first quarter of 2026. Annualized net loan charge-offs as a percentage of average loans of 0.04%, compared to 0.05% for the first quarter of 2026. Nonperforming assets to total assets of 0.40% at June 30, 2026, up from 0.22% at March 31, 2026. Tangible book value per share(1) of $16.61 at June 30, 2026, an increase of 17.1% annualized from the first quarter of 2026. Common Equity Tier 1 Risk-Based Capital Ratio of 9.61%, up from 9.53% at March 31, 2026. Repurchased 38,659 shares of common stock at a weighted average price of $18.12, for a total of $700,000. ST. LOUIS PARK, Minn., July 21, 2026--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) ("the Company"), the parent company of Bridgewater Bank ("the Bank"), today announced net income of $14.0 million for the second quarter of 2026, compared to $17.4 million for the first quarter of 2026, and $11.5 million for the second quarter of 2025. Earnings per diluted common share were $0.45 for the second quarter of 2026, compared to $0.58 for the first quarter of 2026, and $0.38 for the second quarter of 2025. "Bridgewater’s strong second quarter reflected continued progress across key profitability drivers, highlighted by improved revenue and net interest income growth trends," said Chairman and Chief Executive Officer, Jerry Baack. "The profitable growth of our loan portfolio, supported by continued net interest margin expansion and higher loan repricing, helped drive stronger earnings performance while we maintained our disciplined credit underwriting approach and strong asset quality profile. Our results demonstrated the strength of our core banking model, the benefits of disciplined balance sheet management, and the continued momentum we are seeing across our markets. "We remain focused on executing our relationship-based growth strategy and are continuing to proactively add top talent across our production and support teams. These investments will support our ability to capitalize on future growth opportunities, strengthen our ability to serve clients, and create long-term value for our shareholders." Key Financial Measures Income Statement Net Interest Margin and Net Interest Income Net interest margin (on a fully tax-equivalent basis) for the second quarter of 2026 was 3.07%, an eight basis point increase from 2.99% in the first quarter of 2026, and a 45 basis point increase from 2.62% in the second quarter of 2025. Core net interest margin (on a fully tax-equivalent basis), a non-GAAP financial measure which excludes the impact of loan fees and purchase accounting accretion attributable to the acquisition of First Minnetonka City Bank ("FMCB"), was 2.94% for the second quarter of 2026, an eight basis point increase from 2.86% in the first quarter of 2026, and a 45 basis point increase from 2.49% in the second quarter of 2025. Net interest margin expanded to 3.07% in the second quarter of 2026 primarily due to growth and repricing of the loan portfolio at higher yields and lower rates paid on deposits. The year-over-year expansion in net interest margin was primarily due to growth and repricing of the loan portfolio at higher yields and lower rates paid on deposits, offset partially by the refinancing of subordinated debt at higher rates late in the second quarter of 2025. Net interest income was $38.6 million for the second quarter of 2026, an increase of $1.9 million from $36.6 million in the first quarter of 2026, and an increase of $6.1 million from $32.5 million in the second quarter of 2025. The linked-quarter increase in net interest income was primarily driven by loan portfolio growth at higher yields, higher cash balances, and lower federal funds purchased balances, offset partially by higher deposit balances. The year-over-year increase in net interest income was primarily due to growth in the loan portfolio and lower rates paid on deposits, offset partially by lower investment securities balances following the sale of $208.5 million of securities in the first quarter of 2026, and higher balances and rates paid on subordinated debt. Interest income was $72.7 million for the second quarter of 2026, an increase of $2.7 million from $70.0 million in the first quarter of 2026, and an increase of $3.5 million from $69.2 million in the second quarter of 2025. The yield on interest earning assets (on a fully tax-equivalent basis) was 5.73% in the second quarter of 2026, compared to 5.65% in the first quarter of 2026, and 5.56% in the second quarter of 2025. The linked-quarter increase in the yield on interest earning assets was primarily due to growth and repricing of the loan portfolio. The year-over-year increase in the yield on interest earning assets (on a fully tax-equivalent basis) was primarily due to growth and repricing of the loan portfolio at accretive yields. The aggregate loan yield was 5.91% in the second quarter of 2026, 10 basis points higher than 5.81% in the first quarter of 2026, and 17 basis points higher than 5.74% in the second quarter of 2025. Core loan yield, a non-GAAP financial measure, was 5.76% in the second quarter of 2026, 10 basis points higher than 5.66% in the first quarter of 2026, and 17 basis points higher than 5.59% in the second quarter of 2025. A summary of interest and fees recognized on loans for the periods indicated is as follows: Interest expense was $34.1 million for the second quarter of 2026, an increase of $772,000 from $33.3 million in the first quarter of 2026, and a decrease of $2.7 million from $36.7 million in the second quarter of 2025. The cost of interest bearing liabilities was 3.51% in the second quarter of 2026, compared to 3.53% in the first quarter of 2026, and 3.83% in the second quarter of 2025. The linked-quarter decrease in the cost of interest bearing liabilities was primarily due to lower rates paid on interest bearing deposits and lower balances and rates paid on federal funds purchased. The year-over-year decrease in the cost of interest bearing liabilities was primarily due to lower rates paid on interest bearing deposits, lower balances on FHLB advances, and no balances drawn on the notes payable for the quarter, offset partially by an increase in balances and rates paid on subordinated debentures. Interest expense on deposits was $29.7 million for the second quarter of 2026, an increase of $918,000 from $28.8 million in the first quarter of 2026, and a decrease of $2.8 million from $32.5 million in the second quarter of 2025. The cost of total deposits was 2.80% in the second quarter of 2026, one basis point higher than 2.79% in the first quarter of 2026, and 36 basis points lower than 3.16% in the second quarter of 2025. The linked-quarter increase in the cost of total deposits was primarily due to higher balances and rates paid on interest bearing transaction deposits and a decrease in noninterest bearing deposits. The year-over-year decrease in the cost of total deposits was primarily due to lower rates paid on deposits following interest rate cuts in 2025 and an increase in noninterest bearing deposits. Provision for Credit Losses The provision for credit losses on loans and leases was $550,000 for the second quarter of 2026, compared to $1.4 million for the first quarter of 2026, and $2.0 million for the second quarter of 2025. The provision recorded in the second quarter of 2026 was primarily attributable to growth in the loan portfolio, offset partially by changes to qualitative factors. The allowance for credit losses on loans to total loans was 1.30% at June 30, 2026, compared to 1.31% at March 31, 2026, and 1.35% at June 30, 2025. The provision for credit losses for off-balance sheet credit exposures was $-0- for the second quarter of 2026, compared to a negative provision of $150,000 for the first quarter of 2026, and a provision of $-0- for the second quarter of 2025. Noninterest Income Noninterest income was $2.3 million for the second quarter of 2026, a decrease of $7.2 million from $9.6 million for the first quarter of 2026, and a decrease of $1.3 million from $3.6 million for the second quarter of 2025. The linked-quarter decrease was primarily due to no net gain on the sale of securities, offset partially by higher letter of credit fees. The year-over-year decrease was primarily due to lower swap fees, net gain on the sale of securities, and FHLB prepayment income. Noninterest income included net gain on sales of securities of $-0- during the second quarter of 2026, compared to $7.3 million for the first quarter of 2026, and $474,000 for the second quarter of 2025, which is considered a non-core item. Noninterest Expense Noninterest expense was $21.9 million for the second quarter of 2026, a decrease of $276,000 from $22.2 million for the first quarter of 2026, and an increase of $3.0 million from $18.9 million for the second quarter of 2025. The linked-quarter decrease was primarily due to no FHLB prepayment penalty, offset partially by higher salaries and employee benefits. The year-over-year increase was primarily attributable to increases in salaries and employee benefits and information technology expenses. Noninterest expense for the second quarter of 2026 and the first quarter of 2026 included no merger-related expenses associated with the acquisition of FMCB, compared to merger-related expenses of $540,000 for the second quarter of 2025, which was considered non-core. Noninterest expense for the second quarter of 2026 included no FHLB prepayment penalty, compared to $982,000 for the first quarter of 2026, and no FHLB prepayment penalty for the second quarter of 2025, which was considered non-core. The efficiency ratio (on a fully tax-equivalent basis), a non-GAAP financial measure, was 53.0% for the second quarter of 2026, compared to 56.3% for the first quarter of 2026, and 52.6% for the second quarter of 2025. The Company had 355 full-time equivalent employees at June 30, 2026, compared to 337 at March 31, 2026, and 308 at June 30, 2025. The linked-quarter increase was primarily driven by the hiring of seasonal interns and hiring of key talent across the organization. The year-over-year increase was primarily driven by the hiring of key talent across the organization admist continued M&A disruption. Income Taxes The effective combined federal and state income tax rate was 24.1% for the second quarter of 2026, compared to 23.8% for the first quarter of 2026, and 23.9% for the second quarter of 2025. Balance Sheet Loans Total gross loans at June 30, 2026 were $4.43 billion, an increase of $58.3 million, or 5.4% annualized, compared to total gross loans of $4.37 billion at March 31, 2026, and an increase of $280.6 million, or 6.8%, compared to total gross loans of $4.15 billion at June 30, 2025. The increase in the loan portfolio during the second quarter of 2026 was primarily due to growth in the multifamily portfolio. Deposits Total deposits at June 30, 2026 were $4.35 billion, an increase of $40.7 million, or 3.8% annualized, compared to total deposits of $4.31 billion at March 31, 2026, and an increase of $109.5 million, or 2.6%, compared to total deposits of $4.24 billion at June 30, 2025. Core deposits, defined as total deposits excluding brokered deposits and certificates of deposit greater than $250,000, decreased $29.9 million, or 3.5% annualized, from March 31, 2026, and increased $161.1 million, or 5.1%, from June 30, 2025. Interest bearing transaction deposits increased $44.6 million, or 19.9% annualized, from March 31, 2026, and increased $152.8 million, or 19.3%, from June 30, 2025. Brokered deposits increased $45.2 million from March 31, 2026, and increased $20.9 million from June 30, 2025. Consistent with historical practice, brokered deposits continue to be used as a supplemental funding source, as needed. Asset Quality Overall asset quality remained strong due to the Company’s measured risk selection, consistent underwriting standards, active credit oversight, and experienced lending and credit teams. Annualized net charge-offs as a percentage of average loans were 0.04% for the second quarter of 2026, compared to 0.05% for the first quarter of 2026, and 0.00% for the second quarter of 2025. At June 30, 2026, the Company’s nonperforming assets, which included nonaccrual loans, loans past due 90 days and still accruing, and foreclosed assets, were $21.6 million, or 0.40% of total assets, compared to $11.7 million, or 0.22% of total assets, at March 31, 2026, and $10.3 million, or 0.19% of total assets, at June 30, 2025. Loans with potential weaknesses that warranted a watch/special mention risk rating at June 30, 2026 totaled $38.5 million, compared to $47.7 million at March 31, 2026, and $53.3 million at June 30, 2025. Loans that warranted a substandard risk rating at June 30, 2026 totaled $43.9 million, compared to $43.1 million at March 31, 2026, and $45.0 million at June 30, 2025. Capital Total shareholders’ equity at June 30, 2026 was $547.9 million, an increase of $19.5 million, or 14.8% annualized, compared to $528.4 million at March 31, 2026, and an increase of $71.6 million, or 15.0%, over $476.3 million at June 30, 2025. The linked-quarter increase was primarily due to net income retained, a decrease in unrealized losses in the investment securities portfolio, and an increase in unrealized gains in the derivatives portfolio, offset partially by preferred stock dividends. The year-over-year increase was primarily due to net income retained, a decrease in unrealized losses in the investment securities portfolio, and an increase in unrealized gains in the derivatives portfolio, offset partially by preferred stock dividends and stock repurchases. The Consolidated Common Equity Tier 1 Risk-Based Capital Ratio was 9.61% at June 30, 2026, compared to 9.53% at March 31, 2026, and 9.03% at June 30, 2025. Tangible common equity as a percentage of tangible assets, a non-GAAP financial measure, was 8.62% at June 30, 2026, compared to 8.34% at March 31, 2026, and 7.40% at June 30, 2025. Tangible book value per share, a non-GAAP financial measure, was $16.61 as of June 30, 2026, an increase of 17.1% annualized from $15.93 as of March 31, 2026, and an increase of 16.9% from $14.21 as of June 30, 2025. During the second quarter of 2026, the Company repurchased 38,659 shares of its common stock at an aggregate purchase price of $700,000 (weighted average price of $18.12 per share). The Company had $12.4 million remaining under its current share repurchase authorization at June 30, 2026. The Company did not sell any shares during the second quarter of 2026 as part of its existing at-the-market offering. Today, the Company also announced that its Board of Directors has declared a quarterly cash dividend on its 5.875% Non-Cumulative Perpetual Preferred Stock, Series A ("Series A Preferred Stock"). The quarterly cash dividend of $36.72 per share, equivalent to $0.3672 per depositary share, each representing a 1/100th interest in a share of the Series A Preferred Stock (Nasdaq: BWBBP), is payable on September 1, 2026 to shareholders of record of the Series A Preferred Stock at the close of business on August 14, 2026. Conference Call and Webcast The Company will host a conference call to discuss its second quarter 2026 financial results on Wednesday, July 22, 2026 at 8:00 a.m. Central Time. The conference call can be accessed by dialing 844-481-2913 and requesting to join the Bridgewater Bancshares earnings call. To listen to a replay of the conference call via phone, please dial 855-669-9658 and enter access code 9039549. The replay will be available through July 29, 2026. The conference call will also be available via a live webcast on the Investor Relations section of the Company’s website, investors.bridgewaterbankmn.com, and archived for replay. About the Company Bridgewater Bancshares, Inc. (Nasdaq: BWB) is a St. Louis Park, Minnesota-based financial holding company founded in 2005. Its banking subsidiary, Bridgewater Bank, is a premier, full-service bank dedicated to providing responsive support and simple solutions to businesses, entrepreneurs, and successful individuals across the Twin Cities. Bridgewater offers a comprehensive suite of products and services spanning deposits, lending, and treasury management solutions. Bridgewater has received numerous awards for its banking services and esteemed corporate culture. With total assets of $5.4 billion as of June 30, 2026 and nine strategically located branches, Bridgewater is one of the largest locally-led banks in Minnesota and is committed to being the finest entrepreneurial bank. For more information, please visit www.bridgewaterbankmn.com. Use of Non-GAAP Financial Measures In addition to the results presented in accordance with U.S. Generally Accepted Accounting Principles ("GAAP"), the Company routinely supplements its evaluation with an analysis of certain non-GAAP financial measures. The Company believes these non-GAAP financial measures, in addition to the related GAAP measures, provide meaningful information to investors to help them understand the Company’s operating performance and trends, and to facilitate comparisons with the performance of peers. These disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Reconciliations of non-GAAP disclosures used in this earnings release to the comparable GAAP measures are provided in the accompanying tables. Forward-Looking Statements This earnings release contains "forward-looking statements" within the meanings of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of the Company. These statements are often, but not always, identified by words such as "may", "might", "should", "could", "predict", "potential", "believe", "expect", "continue", "will", "anticipate", "seek", "estimate", "intend", "plan", "projection", "would", "annualized", "target" and "outlook", or the negative version of those words or other comparable words of a future or forward-looking nature. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent known and unknown uncertainties, risks, changes in circumstances and other factors that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: interest rate risk, including the effects of changes in interest rates; effects on the U.S. economy resulting from actions taken by the federal government, including the threat or implementation of tariffs, immigration enforcement, executive orders, and changes in foreign policy; fluctuations in the values of the securities held in our securities portfolio, including as the result of changes in interest rates; business and economic conditions generally and in the financial services industry, nationally and within our market area, including the level and impact of inflation, and future monetary policies of the Federal Reserve and executive orders in response thereto, and possible recession; credit risk and risks from concentrations (including by type of borrower, geographic area, collateral and industry) within the Company’s loan portfolio or large loans to certain borrowers (including CRE loans); the overall health of the local and national real estate market; our ability to successfully manage credit risk; our ability to maintain an adequate level of allowance for credit losses on loans; new or revised accounting standards as may be adopted by state and federal regulatory agencies, the Financial Accounting Standards Board, Securities and Exchange Commission or Public Company Accounting Oversight Board; the concentration of large deposits from certain clients, including those who have balances above current Federal Deposit Insurance Corporation insurance limits; our ability to successfully manage liquidity risk, which may increase our dependence on non-core funding sources such as brokered deposits, and negatively impact our cost of funds; our ability to raise additional capital to implement our business plan; our ability to implement our growth strategy and manage costs effectively; the composition of our senior leadership team and our ability to attract and retain key personnel; talent and labor shortages and employee turnover; the occurrence of fraudulent activity, breaches or failures of our or our third-party vendors’ information security controls or cybersecurity-related incidents, including as a result of sophisticated attacks using artificial intelligence and similar tools or as a result of insider fraud; interruptions involving our information technology and telecommunications systems or third-party servicers; competition in the financial services industry, including from nonbank competitors such as credit unions, "fintech" companies and digital asset service providers; the effectiveness of our risk management framework; rapid technological changes implemented by us and other parties in the financial services industry, including third-party vendors, which may be more difficult to implement or more expensive than anticipated or which may have unforeseen consequences to us and our customers, including the development and implementation of tools incorporating artificial intelligence; emerging issues related to the development and use of artificial intelligence that could give rise to legal or regulatory action, damage our reputation, or otherwise materially harm our business or customers; the commencement, cost and outcome of litigation and other legal proceedings and regulatory actions against us; the impact of recent and future legislative and regulatory changes, domestic or foreign; risks related to climate change and the negative impact it may have on our customers and their businesses; the imposition of tariffs or other governmental policies impacting the global supply chain and the value of products produced by our commercial borrowers; severe weather, natural disasters, widespread disease or pandemics, acts of war, military conflicts, or terrorism, changes in foreign relations, or other adverse external events, including the wars in Iran and Ukraine, ongoing conflicts in the Middle East and other international military conflicts that can increase levels of political and economic unpredictability, contribute to rising energy and commodity prices, affect global supply chains, increase the volatility of financial markets, and other matters beyond our control; potential impairment to the goodwill the Company recorded in connection with acquisitions; risks associated with our integration of FMCB, and the effect of the merger on the Company’s customer and employee relationships and operating results; the availability of future equity and debt issuances and other capital raising opportunities on favorable terms; changes to U.S. or state tax laws, regulations and governmental policies concerning the Company’s general business, including changes in interpretation or prioritization of such rules and regulations; the impact of bank failures or adverse developments at other banks and related negative publicity about the banking industry in general on investor and depositor sentiment regarding the stability and liquidity of banks; and any other risks described in the "Risk Factors" sections of reports filed by the Company with the Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. View source version on businesswire.com: https://www.businesswire.com/news/home/20260720434694/en/ Contacts Media Contact:Emily Karpenske | Senior Communication [email protected] | 952.653.0624 Investor Contact:Justin Horstman | VP Investor [email protected] | 952.542.5169

Pathward Financial (CASH) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 22. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This holding company for Pathward, N.A. is expected to post quarterly earnings of $1.95 per share in its upcoming report, which represents a year-over-year change of +7.7%. Revenues are expected to be $190.11 million, down 2.9% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Pathward, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.74%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination indicates that Pathward will most likely beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Pathward would post earnings of $3.35 per share when it actually produced earnings of $3.35, delivering no surprise. Over the last four quarters, the company has beaten consensus EPS estimates three times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Pathward appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Bridgewater (BWB), another stock in the Zacks Banks - Northeast industry, is expected to report earnings per share of $0.46 for the quarter ended June 2026. This estimate points to a year-over-year change of +24.3%. Revenues for the quarter are expected to be $40.2 million, up 11.4% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for Bridgewater has remained unchanged. Nevertheless, the company now has an Earnings ESP of +2.17%, reflecting a higher Most Accurate Estimate. When combined with a Zacks Rank of #4 (Sell), this Earnings ESP makes it difficult to conclusively predict that Bridgewater will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pathward Financial, Inc. (CASH) : Free Stock Analysis Report Bridgewater Bancshares, Inc. (BWB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

The market expects Bridgewater (BWB) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 21. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This company is expected to post quarterly earnings of $0.46 per share in its upcoming report, which represents a year-over-year change of +24.3%. Revenues are expected to be $40.2 million, up 11.4% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Bridgewater, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.17%. On the other hand, the stock currently carries a Zacks Rank of #4. So, this combination makes it difficult to conclusively predict that Bridgewater will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Bridgewater would post earnings of $0.42 per share when it actually produced earnings of $0.41, delivering a surprise of -2.38%. Over the last four quarters, the company has beaten consensus EPS estimates two times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Bridgewater doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Among the stocks in the Zacks Banks - Northeast industry, Bank First Corporation (BFC), is soon expected to post earnings of $2.28 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +33.3%. This quarter's revenue is expected to be $63.54 million, up 52.7% from the year-ago quarter. The consensus EPS estimate for Bank First Corporation has remained unchanged over the last 30 days. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -2.19%. This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that Bank First Corporation will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bridgewater Bancshares, Inc. (BWB) : Free Stock Analysis Report Bank First National Corporation (BFC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research