How did BWpA's revenue and expenses trend in Q4 2024 compared to previous quarters?

Bridgewater Bancshares, Inc. (BWpA) experienced a net income of $8.2 million in Q4 2024, compared to $8.7 million in Q3 2024, and $8.9 million in Q4 2023. The net income in Q4 2024 was adjusted to $8.6 million when excluding certain items, indicating a slight decrease from the previous quarter. The diluted earnings per share were $0.26 in Q4 2024, compared to $0.27 in Q3 2024, and $0.28 in Q4 2023.

1. **Revenue Trend**: BWpA's revenue trend in Q4 2024 was not explicitly detailed in the available data. However, the company reported robust balance sheet growth, net interest margin expansion, and robust asset quality.
2. **Expense Trend**: The company's expenses were well-controlled, as evidenced by the operating income of $8.2 million in Q4 2024, compared to $8.7 million in Q3 2024, and $8.9 million in Q4 2023. The operating income in Q4 2024 was adjusted to $8.6 million when excluding certain items, indicating a slight decrease from the previous quarter.
3. **Profitability**: BWpA showed strong profitability in Q4 2024, with a net margin of 33.3%. The company's focus on cost controls and strategic initiatives contributed to its financial strength.

In conclusion, BWpA's revenue and expenses in Q4 2024 were characterized by robust balance sheet growth, net interest margin expansion, and strong asset quality, leading to a net income of $8.2 million and an operating income of $8.2 million, reflecting the company's effective cost management and strategic initiatives.