GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bridgewater Bancshares Inc (NAS:BWB) » Definitions » Net Interest Margin (Bank Only) %

Bridgewater Bancshares (Bridgewater Bancshares) Net Interest Margin (Bank Only) % : 2.28% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Bridgewater Bancshares Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Bridgewater Bancshares's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $98.5 Mil. Bridgewater Bancshares's average earning assets for the quarter that ended in Mar. 2024 was $4,315.6 Mil. Therefore, Bridgewater Bancshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 2.28%.


Bridgewater Bancshares Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Bridgewater Bancshares's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bridgewater Bancshares Net Interest Margin (Bank Only) % Chart

Bridgewater Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 3.64 3.63 3.72 3.57 2.52

Bridgewater Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.77 2.46 2.41 2.39 2.28

Competitive Comparison of Bridgewater Bancshares's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Bridgewater Bancshares's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bridgewater Bancshares's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bridgewater Bancshares's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Bridgewater Bancshares's Net Interest Margin (Bank Only) % falls into.



Bridgewater Bancshares Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Bridgewater Bancshares's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=105.174/( (4060.77 + 4271.319)/ 2 )
=105.174/4166.0445
=2.52 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 3512.157 + 548.613
=4060.77

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 3667.215 + 604.104
=4271.319

Bridgewater Bancshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=98.524/( (4271.319 + 4359.784)/ 2 )
=98.524/4315.5515
=2.28 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 3667.215 + 604.104
=4271.319

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 3726.502 + 633.282
=4359.784

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Bridgewater Bancshares  (NAS:BWB) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Bridgewater Bancshares Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Bridgewater Bancshares's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bridgewater Bancshares (Bridgewater Bancshares) Business Description

Traded in Other Exchanges
Address
4450 Excelsior Boulevard, Suite 100, St. Louis Park, MN, USA, 55416
Bridgewater Bancshares Inc offers retail and commercial loan and deposit services to customers within the Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area. The company engages in providing a wide range of deposit and lending products. Its products and services include commercial deposits, loans, online business services, credit cards, mobile banking, and remote deposit services.
Executives
Mary Jayne Crocker officer: EVP & Chief Operating Officer 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Joseph M. Chybowski officer: SVP & Chief Financial Officer 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Lisa Brezonik director 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Nicholas L. Place officer: SVP & Chief Lending Officer 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Jerry J. Baack director, officer: President & CEO 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Mohammed Lawal director 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Todd B. Urness director 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Douglas J. Parish director 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Lisa M Salazar officer: SVP Deposit Svcs/Emerging Prod 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Mark E. Hokanson officer: Chief Technology Officer 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
David B. Juran director 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
James S. Johnson director 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Thomas P. Trutna director 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Jeffrey D. Shellberg director, officer: EVP and Chief Credit Officer 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
David J. Volk director 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416