BWBBP: Bridgewater Bancshares Preferred Stock - What the Latest News and Numbers Might Mean

Stock Symbol: BWBBP Generate Date: 2025-04-25 04:58:16

Alright, let's break down what's happening with this particular stock, Bridgewater Bancshares' preferred shares (the ones paying that 5.875% dividend). We'll look at the recent news, how the price has been moving, and what some predictions are saying.

Recent News Buzz

The main piece of news hitting the wires lately is Bridgewater Bancshares announcing their financial results for the first quarter of 2025. And honestly? The vibe from this report is pretty positive.

They reported net income of $9.6 million, which works out to $0.31 per common share. When you look at the adjusted numbers, it's even a bit better at $10.1 million, or $0.32 per share. Plus, something called "pre-provision net revenue" went up by $1.5 million. Think of this as a key measure of the bank's core earnings power before setting aside money for potential loan losses. Seeing that increase is generally a good sign for the bank's underlying business health. So, the news itself paints a picture of a solid quarter.

Checking the Price Action

Now, let's look at what the stock price itself has been doing over the last month or so. If you glance at the chart data, you'll see the price has been a bit choppy. It was trading up around the $19.00 to $19.80 range back in late January and early February. Since then, it's mostly drifted lower, bouncing around but generally settling into the $18.00 to $19.00 area. The last price we have, from April 24th, was $18.75.

One thing that stands out is the trading volume. It's often quite low, sometimes just a few hundred shares changing hands in a day. This means that when trades do happen, the price can sometimes jump around a bit more easily than with a heavily traded stock. It also means it might be harder to buy or sell large amounts quickly without affecting the price.

Comparing that recent price dip to the news is interesting. The good Q1 results came out on April 23rd, but the price on April 24th actually finished slightly lower than where it opened. Sometimes there's a delay, or other market factors are at play.

Putting It Together: Outlook & Some Ideas

So, we've got positive news about the company's performance, but a stock price that's been trending down recently, trading with low volume. What does this mix suggest?

Based on the positive earnings news and some of the technical signals mentioned in the recommendation data (like the MACD showing a bullish crossover and DMI suggesting an upward trend might be forming), the apparent near-term leaning seems to be shifting towards positive, even though the price hasn't fully reacted yet. The AI prediction model is also strongly bullish, forecasting significant percentage jumps over the next couple of days.

Given this, the situation might favor potential buyers looking for a bounce or a reversal of the recent downtrend, especially if they believe the positive news will eventually push the price up.

• Potential Entry Consideration: If you were considering getting in, the current price level around $18.75 looks interesting, especially since the recommendation data suggested entry points around $18.55 and $18.95. Buying somewhere in this range, perhaps on any slight dip towards that $18.55 mark, could align with the idea of picking it up near recent support levels before a potential move higher, as predicted by the AI and suggested by some technicals.
• Potential Exit/Stop-Loss Consideration: To manage risk, thinking about where you'd get out is smart. The recommendation data offers some guideposts: a potential take-profit level at $20.80 (which is well above recent prices and within its 52-week range) and a stop-loss at $16.77 (quite a bit below recent lows, giving it room to move but protecting against a larger drop). Setting a stop-loss is crucial, especially with lower volume stocks, to limit potential losses if the price keeps falling instead of going up.

A Bit About the Company

Remember, this is a preferred stock from a regional bank based in Minnesota. Banks like this make money through loans and deposits. The Q1 results show their core business is doing well right now. The fact that it's a preferred stock means it behaves a bit differently than the common shares – often less volatile, with a focus on that fixed dividend payment (5.875% in this case). The low trading volume we saw is pretty typical for many preferred stocks and smaller regional banks, which is why managing risk with things like stop-losses is extra important.

Disclaimer: This analysis is based solely on the provided data and is for informational purposes only. It is not financial advice. Stock investing involves risk, and you could lose money. Always do your own thorough research and consider consulting with a qualified financial advisor before making any investment decisions.