Professional
Added to YB: 2024-07-24
Pitch date: 2024-06-30
BWB [bullish]
Bridgewater Bancshares, Inc.
+61.31%
current return
Author Info
Riverwater Partners is a Milwaukee-based investment advisory firm dedicated to responsible investing. Visit the website.
Company Info
Bridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank that provides banking products and services in the United States.
Market Cap
$462.3M
Pitch Price
$11.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
12.70
EV/Sales
N/A
Sector
Banks
Category
value
Riverwater Micro Opportunities Strategy New Position: Bridgewater Bancshares, Inc.
BWB: MN bank trading below book value, most sensitive to rate cuts in our portfolio. Quality franchise in Minneapolis/St. Paul. Good risk/reward in banking sector. Rate cuts delayed but still promising. Bridgewater Bank holding company offers attractive investment opportunity despite pushed-out rate cut expectations.
Read full article (1 min)