Bridgewater Bancshares, Inc. (BWB) vs Bankwell Financial Group, Inc. (BWFG)

Bridgewater Bancshares, Inc. and Bankwell Financial Group, Inc. are both Banks Regional companies. Bridgewater Bancshares, Inc. and Bankwell Financial Group, Inc. are of similar size ($567.9M and $559.9M). Bridgewater Bancshares, Inc. trades at the lower P/E: 9.9× against 12.2×. Bridgewater Bancshares, Inc. grew revenue faster over the last twelve months: 9.93% against 9.69%. Bankwell Financial Group, Inc. has the higher net margin (20.2% vs 18.0%) and the higher return on invested capital (14.1% vs 6.36%). Across the 18 metrics below, Bridgewater Bancshares, Inc. leads on 9 and Bankwell Financial Group, Inc. on 9.

Valuation

Metric BWB BWFG Banks Regional median
P/E 9.86 12.23 12.02
P/S 1.82 2.48 2.36
P/B 1.19 1.65 1.23
Price to free cash flow 7.66 14.97 10.60
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 10.14% 8.17% 8.21%
Free cash flow yield 13.06% 6.68% 9.23%

Profitability

Metric BWB BWFG Banks Regional median
Gross margin 54.54% 57.91% 69.81%
Operating margin 0.00% 0.00% 0.00%
Net margin 17.96% 20.19% 18.82%
Free cash flow margin 23.74% 16.57% 17.97%
Return on equity 12.30% 14.31% 10.28%
Return on assets 1.02% 1.32% 1.13%
Return on invested capital 6.36% 14.09% 8.45%

Growth

Metric BWB BWFG Banks Regional median
Revenue growth (TTM) 9.93% 9.69% 6.37%
EPS growth (last fiscal year) 44.66% 280.34% 18.85%
Revenue growth, 5-year CAGR 19.40% 20.91% 12.65%
Net income growth, 5-year CAGR 9.10% 43.03% 9.81%

Health

Metric BWB BWFG Banks Regional median
Debt to equity 0.93 0.58 0.17
Current ratio 1.06 0.00 0.93
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BWB BWFG Banks Regional median
Dividend yield — 1.14% 2.49%
Payout ratio — 0.14 0.29

Size

Metric BWB BWFG Banks Regional median
Market cap 567.85m 559.88m 934.85m

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