BWB vs. BAC

Last updated Apr 1, 2026

Compare and contrast key facts about Bridgewater Bancshares, Inc. (BWB) and Bank of America Corporation (BAC).

Performance

BWB vs. BAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bridgewater Bancshares, Inc. (BWB) and Bank of America Corporation (BAC). The values are adjusted to include any dividend payments, if applicable.

BWB vs. BAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BWB Bridgewater Bancshares, Inc.	0.97%	29.76%	-0.07%	-23.79%	0.28%	41.63%	-9.36%	30.62%	-16.40%
BAC Bank of America Corporation	-10.86%	28.04%	33.85%	4.83%	-23.82%	49.61%	-11.63%	46.19%	-22.22%

Fundamentals

Market Cap BWB : $507.13M BAC : $367.91B
EPS BWB : $1.63 BAC : $4.03
PE Ratio BWB : 10.85 BAC : 12.11
PEG Ratio BWB : 3.76 BAC : 0.59
PS Ratio BWB : 1.71 BAC : 1.97
PB Ratio BWB : 1.13 BAC : 1.33
Total Revenue (TTM) BWB : $291.63M BAC : $188.75B
Gross Profit (TTM) BWB : $137.62M BAC : $104.61B
EBITDA (TTM) BWB : $64.70M BAC : $36.61B

Returns By Period

In the year-to-date period, BWB achieves a 0.97% return, which is significantly higher than BAC's -10.86% return.

BWB

• 1D: 0.68%
• 1M: -3.17%
• YTD: 0.97%
• 6M: 0.57%
• 1Y: 27.43%
• 3Y*: 17.76%
• 5Y*: 1.86%
• 10Y*: —

BAC

• 1D: 3.22%
• 1M: -1.61%
• YTD: -10.86%
• 6M: -4.48%
• 1Y: 19.45%
• 3Y*: 22.60%
• 5Y*: 6.87%
• 10Y*: 16.19%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BWB vs. BAC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BWB

BWB Risk / Return Rank: 70
BWB Sharpe Ratio Rank: 72
BWB Sortino Ratio Rank: 67
BWB Omega Ratio Rank: 64
BWB Calmar Ratio Rank: 75
BWB Martin Ratio Rank: 75

BAC

BAC Risk / Return Rank: 65
BAC Sharpe Ratio Rank: 68
BAC Sortino Ratio Rank: 58
BAC Omega Ratio Rank: 61
BAC Calmar Ratio Rank: 67
BAC Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BWB vs. BAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bridgewater Bancshares, Inc. (BWB) and Bank of America Corporation (BAC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BWB	BAC	Difference
Sharpe ratio Return per unit of total volatility	0.90	0.73	+0.17
Sortino ratio Return per unit of downside risk	1.40	1.06	+0.35
Omega ratio Gain probability vs. loss probability	1.18	1.16	+0.02
Calmar ratio Return relative to maximum drawdown	1.74	1.16	+0.58
Martin ratio Return relative to average drawdown	4.48	3.17	+1.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BWB vs. BAC - Sharpe Ratio Comparison

The current BWB Sharpe Ratio is 0.90, which is comparable to the BAC Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of BWB and BAC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BWB	BAC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	0.73	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.26	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.20	-0.07

Correlation

The correlation between BWB and BAC is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BWB vs. BAC - Dividend Comparison

BWB has not paid dividends to shareholders, while BAC's dividend yield for the trailing twelve months is around 2.26%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BWB Bridgewater Bancshares, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BAC Bank of America Corporation	2.26%	1.96%	2.28%	2.73%	2.60%	1.75%	2.38%	1.87%	2.19%	1.32%	1.13%	1.19%

Drawdowns

BWB vs. BAC - Drawdown Comparison

The maximum BWB drawdown since its inception was -59.49%, smaller than the maximum BAC drawdown of -93.10%. Use the drawdown chart below to compare losses from any high point for BWB and BAC.

Drawdown Indicators

	BWB	BAC	Difference
Max Drawdown Largest peak-to-trough decline	-59.49%	-93.10%	+33.61%
Max Drawdown (1Y) Largest decline over 1 year	-15.62%	-17.93%	+2.31%
Max Drawdown (5Y) Largest decline over 5 years	-59.49%	-46.64%	-12.85%
Max Drawdown (10Y) Largest decline over 10 years	—	-48.95%	—
Current Drawdown Current decline from peak	-11.37%	-14.37%	+3.00%
Average Drawdown Average peak-to-trough decline	-20.50%	-28.40%	+7.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.07%	6.57%	-0.50%

Volatility

BWB vs. BAC - Volatility Comparison

The current volatility for Bridgewater Bancshares, Inc. (BWB) is 6.09%, while Bank of America Corporation (BAC) has a volatility of 6.67%. This indicates that BWB experiences smaller price fluctuations and is considered to be less risky than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BWB	BAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.09%	6.67%	-0.58%
Volatility (6M) Calculated over the trailing 6-month period	20.47%	16.72%	+3.75%
Volatility (1Y) Calculated over the trailing 1-year period	30.79%	26.82%	+3.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.86%	26.84%	+6.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.58%	30.80%	+3.78%

Financials

BWB vs. BAC - Profitability Comparison

The chart below illustrates the profitability comparison between Bridgewater Bancshares, Inc. and Bank of America Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BWB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Bridgewater Bancshares, Inc. reported a gross profit of 38.84M and revenue of 76.46M. Therefore, the gross margin over that period was 50.8%.

BAC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Bank of America Corporation reported a gross profit of 27.06B and revenue of 46.88B. Therefore, the gross margin over that period was 57.7%.

BWB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Bridgewater Bancshares, Inc. reported an operating income of 18.60M and revenue of 76.46M, resulting in an operating margin of 24.3%.

BAC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Bank of America Corporation reported an operating income of 9.62B and revenue of 46.88B, resulting in an operating margin of 20.5%.

BWB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Bridgewater Bancshares, Inc. reported a net income of 13.33M and revenue of 76.46M, resulting in a net margin of 17.4%.

BAC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Bank of America Corporation reported a net income of 7.65B and revenue of 46.88B, resulting in a net margin of 16.3%.