Bridgewater Bancshares, Inc.

AI-generated fair value estimate for this company.

Method: Justified price-to-book valuation: $547.91M total shareholders' equity ($19.29 book value per share on 27.88M shares); return on equity of 9.54% (TTM net income of $52.29M divided by equity); 10% cost of equity; 3% long-run growth; justified P/B multiple of (ROE minus g) divided by (cost of equity minus g) equals 0.934x, applied to book value per share.

Reasoning: Bridgewater Bancshares is a commercial bank holding company, so its intrinsic value is best anchored to its balance sheet and the spread between its return on equity and its cost of equity rather than to a conventional free-cash-flow DCF, which is not the standard valuation framework for depository institutions.