Bridgewater (BWB) Q4 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, April 21, 2026 astatine 10:16 AM CDT 32 min read

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Wednesday, Jan. 28, 2026 astatine 9 a.m. ET

• Chairman and Chief Executive Officer — Gerald (Jerry) Baack

• President and Chief Financial Officer — Joseph (Joe) Chybowski

• Chief Banking Officer — Nicholas (Nick) Place

• Chief Credit Officer — Katie Morrell

• Director of Investor Relations — Justin Horstman

Justin Horstman: Thank you, Betsy, and bully morning, everyone. Joining maine connected today's telephone are Jerry Baack, Chairman and Chief Executive Officer; Joe Chybowski, President and Chief Financial Officer; Nick Place, Chief Banking Officer; and Katie Morrell, Chief Credit Officer. In conscionable a fewer moments, we volition supply an overview of our 2025 4th fourth fiscal results. We volition beryllium referencing a descent presumption that is disposable connected the Investor Relations conception of Bridgewater's website, investors.bridgewaterbankmn.com. Following our opening remarks, we volition unfastened the telephone for questions. During today's presentation, we whitethorn marque projections oregon different forward-looking statements regarding aboriginal events oregon the aboriginal fiscal show of the company.

We caution that specified statements are predictions and that existent results whitethorn disagree materially. Please spot the forward-looking connection disclosure successful the descent presumption and our 2025 4th fourth net merchandise for much accusation astir risks and uncertainties, which whitethorn impact us. The accusation we volition supply contiguous is arsenic of and for the 4th ended December 31, 2025, and we undertake nary work to update the information. We whitethorn besides disclose non-GAAP fiscal measures during this call. We judge definite non-GAAP fiscal measures, successful summation to the related GAAP measures, supply meaningful accusation to investors to assistance them recognize the company's operating show and trends and to facilitate comparisons with the show of our peers.

We caution that these disclosures should not beryllium viewed arsenic a substitute for operating results determined successful accordance with GAAP. Please spot our descent presumption and 2025 4th fourth net merchandise for reconciliations of non-GAAP disclosures to the comparable GAAP measures. I would present similar to crook the telephone implicit to Bridgewater's Chairman and CEO, Jerry Baack.

Gerald Baack: Thank you, Justin, and convey you, everyone, for joining america this morning. We finished the twelvemonth beardown with robust indebtedness and halfway deposit growth, nett involvement borderline enlargement and higher interest income. Expenses were besides good controlled and plus prime remained strong. The palmy 4th reflective of the squad astatine Bridgewater Bank. This each comes arsenic we proceed to instrumentality marketplace stock by providing an unconventional reliable acquisition to our clients. We proceed to spot opportunities successful the Twin Cities for some lawsuit and endowment acquisition and are taking vantage of both. We besides spot opportunities to turn the concern extracurricular of our marketplace by utilizing the expertise we person developed and expanded crossed the affordable lodging market.