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Bridgewater Bancshares (Bridgewater Bancshares) Pretax Margin % : 39.86% (As of Mar. 2024)


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What is Bridgewater Bancshares Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bridgewater Bancshares's Pre-Tax Income for the three months ended in Mar. 2024 was $10.2 Mil. Bridgewater Bancshares's Revenue for the three months ended in Mar. 2024 was $25.7 Mil. Therefore, Bridgewater Bancshares's pretax margin for the quarter that ended in Mar. 2024 was 39.86%.

The historical rank and industry rank for Bridgewater Bancshares's Pretax Margin % or its related term are showing as below:

BWB' s Pretax Margin % Range Over the Past 10 Years
Min: 38.02   Med: 47.82   Max: 53.63
Current: 44.84


BWB's Pretax Margin % is ranked better than
73.56% of 1460 companies
in the Banks industry
Industry Median: 32.765 vs BWB: 44.84

Bridgewater Bancshares Pretax Margin % Historical Data

The historical data trend for Bridgewater Bancshares's Pretax Margin % 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 Pretax Margin % Chart

Bridgewater Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 49.16 38.02 53.63 52.98 47.85

Bridgewater Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 52.49 47.09 45.67 46.63 39.86

Competitive Comparison of Bridgewater Bancshares's Pretax Margin %

For the Banks - Regional subindustry, Bridgewater Bancshares's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bridgewater Bancshares's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Bridgewater Bancshares's Pretax Margin % falls into.



Bridgewater Bancshares Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Bridgewater Bancshares's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=52.522/109.767
=47.85 %

Bridgewater Bancshares's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=10.242/25.695
=39.86 %

* 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.


Bridgewater Bancshares  (NAS:BWB) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Bridgewater Bancshares Pretax Margin % Related Terms

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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

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