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BWB (Bridgewater Bancshares) Tax Rate % : 21.96% (As of Dec. 2024)


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What is Bridgewater Bancshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bridgewater Bancshares's Tax Expense for the three months ended in Dec. 2024 was $2.3 Mil. Bridgewater Bancshares's Pre-Tax Income for the three months ended in Dec. 2024 was $10.5 Mil. Therefore, Bridgewater Bancshares's Tax Rate % for the quarter that ended in Dec. 2024 was 21.96%.


Bridgewater Bancshares Tax Rate % Historical Data

The historical data trend for Bridgewater Bancshares's Tax Rate % 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.

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Bridgewater Bancshares Tax Rate % Chart

Bridgewater Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 23.75 25.80 25.54 23.92 23.19

Bridgewater Bancshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 21.01 23.54 23.59 23.64 21.96

Bridgewater Bancshares Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Bridgewater Bancshares's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=9.911/42.736
=23.19 %

Bridgewater Bancshares's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=2.309/10.513
=21.96 %

* 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 Tax Rate % Related Terms

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Bridgewater Bancshares Business Description

Traded in Other Exchanges
Address
4450 Excelsior Boulevard, Suite 100, St. Louis Park, MN, USA, 55416
Bridgewater Bancshares Inc is a financial holding company. Through its subsidiary, it offers various personal and commercial banking products and services such as savings accounts, certificates of deposits, money transfer services, digital wallets, credit and debit cards, safe deposit lockers, different types of loans and advances, commercial deposit accounts, treasury management, and others. The company principally focuses on catering to commercial clients, offering them a suite of loan and deposit products. Geographically, it mainly operates in the Twin Cities Metropolitan Statistical Area in the United States.
Executives
Joseph M. Chybowski officer: SVP & Chief Financial Officer 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
James S. Johnson 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
Thomas P. Trutna director 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
David B. Juran director 4450 EXCELSIOR BLVD., SUITE 100, ST. LOUIS PARK MN 55416
Mary Jayne Crocker officer: EVP & Chief Operating Officer 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
Jerry J. Baack director, officer: President & CEO 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
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
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
Mark E. Hokanson officer: Chief Technology 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