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Side-by-side financial comparison of Bridgewater Bancshares Inc (BWB) and GLADSTONE COMMERCIAL CORP (GOOD). Click either name above to swap in a different company.
Bridgewater Bancshares Inc is the larger business by last-quarter revenue ($46.2M vs $41.9M, roughly 1.1× GLADSTONE COMMERCIAL CORP). Bridgewater Bancshares Inc runs the higher net margin — 37.7% vs 16.6%, a 21.0% gap on every dollar of revenue. Over the past eight quarters, Bridgewater Bancshares Inc's revenue compounded faster (31.4% CAGR vs 6.3%).
Bridgewater Bancshares IncBWBEarnings & Financial Report
Bridgewater Bancshares Inc. is a regional bank holding company headquartered in Minnesota, U.S. It offers a full suite of commercial and retail banking services including business loans, deposit products, residential mortgages, and personal banking solutions, primarily serving SMEs, individual consumers and local commercial clients in its operating areas.
Gladstone Commercial Corp is a publicly traded US real estate investment trust focused on acquiring, owning, and operating diversified industrial and commercial properties. It offers long-term net lease agreements to tenants across manufacturing, logistics, healthcare and professional services sectors, mainly serving small to mid-sized business clients.
BWB vs GOOD — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $46.2M | $41.9M |
| Net Profit | $17.4M | $7.0M |
| Gross Margin | — | — |
| Operating Margin | — | 160.2% |
| Net Margin | 37.7% | 16.6% |
| Revenue YoY | — | -3.6% |
| Net Profit YoY | 80.7% | 29.5% |
| EPS (diluted) | $0.58 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $46.2M | $41.9M | ||
| Q4 25 | $38.8M | $43.5M | ||
| Q3 25 | $36.2M | $40.8M | ||
| Q2 25 | $36.1M | $39.5M | ||
| Q1 25 | $32.3M | $37.5M | ||
| Q4 24 | $29.5M | $37.4M | ||
| Q3 24 | $27.1M | $39.2M | ||
| Q2 24 | $26.8M | $37.1M |
| Q1 26 | $17.4M | $7.0M | ||
| Q4 25 | $13.3M | $5.4M | ||
| Q3 25 | $11.6M | $4.1M | ||
| Q2 25 | $11.5M | $4.6M | ||
| Q1 25 | $9.6M | $5.1M | ||
| Q4 24 | $8.2M | $7.2M | ||
| Q3 24 | $8.7M | $11.7M | ||
| Q2 24 | $8.1M | $1.6M |
| Q1 26 | — | 160.2% | ||
| Q4 25 | 44.2% | — | ||
| Q3 25 | 41.8% | — | ||
| Q2 25 | 42.0% | — | ||
| Q1 25 | 39.2% | — | ||
| Q4 24 | 35.6% | — | ||
| Q3 24 | 41.9% | — | ||
| Q2 24 | 39.7% | — |
| Q1 26 | 37.7% | 16.6% | ||
| Q4 25 | 34.3% | 12.4% | ||
| Q3 25 | 32.1% | 10.1% | ||
| Q2 25 | 31.9% | 11.7% | ||
| Q1 25 | 29.8% | 13.7% | ||
| Q4 24 | 27.8% | 19.2% | ||
| Q3 24 | 32.0% | 29.8% | ||
| Q2 24 | 30.3% | 4.3% |
| Q1 26 | $0.58 | — | ||
| Q4 25 | $0.42 | $0.05 | ||
| Q3 25 | $0.38 | $0.02 | ||
| Q2 25 | $0.38 | $0.03 | ||
| Q1 25 | $0.31 | $0.04 | ||
| Q4 24 | $0.26 | $0.10 | ||
| Q3 24 | $0.27 | $0.20 | ||
| Q2 24 | $0.26 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $222.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $528.4M | — |
| Total Assets | $5.3B | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $222.2M | — | ||
| Q4 25 | $123.5M | $10.8M | ||
| Q3 25 | $131.8M | $18.4M | ||
| Q2 25 | $217.5M | $11.7M | ||
| Q1 25 | $166.2M | $10.4M | ||
| Q4 24 | $229.8M | $11.0M | ||
| Q3 24 | $191.9M | $10.5M | ||
| Q2 24 | $134.1M | $10.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $843.5M | ||
| Q3 25 | — | $843.3M | ||
| Q2 25 | — | $794.4M | ||
| Q1 25 | — | $740.7M | ||
| Q4 24 | — | $693.4M | ||
| Q3 24 | — | $692.6M | ||
| Q2 24 | — | $722.5M |
| Q1 26 | $528.4M | — | ||
| Q4 25 | $517.1M | $171.8M | ||
| Q3 25 | $497.5M | $184.8M | ||
| Q2 25 | $476.3M | $177.2M | ||
| Q1 25 | $469.0M | $183.2M | ||
| Q4 24 | $457.9M | $171.2M | ||
| Q3 24 | $452.2M | $168.9M | ||
| Q2 24 | $439.2M | $145.7M |
| Q1 26 | $5.3B | $1.2B | ||
| Q4 25 | $5.4B | $1.2B | ||
| Q3 25 | $5.4B | $1.3B | ||
| Q2 25 | $5.3B | $1.2B | ||
| Q1 25 | $5.1B | $1.2B | ||
| Q4 24 | $5.1B | $1.1B | ||
| Q3 24 | $4.7B | $1.1B | ||
| Q2 24 | $4.7B | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.91× | ||
| Q3 25 | — | 4.56× | ||
| Q2 25 | — | 4.48× | ||
| Q1 25 | — | 4.04× | ||
| Q4 24 | — | 4.05× | ||
| Q3 24 | — | 4.10× | ||
| Q2 24 | — | 4.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BWB
| Net Interest Income | $36.6M | 79% |
| Noninterest Income | $9.6M | 21% |
GOOD
Segment breakdown not available.