ST. LOUIS PARK, Minn. (AP) _ Bridgewater Bancshares, Inc. (BWB) on Thursday reported fourth-quarter net income of $12.5 million.

The bank, based in St. Louis Park, Minnesota, said it had earnings of 39 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 39 cents per share.

The company posted revenue of $35.1 million in the period. Its revenue net of interest expense was $30.4 million, falling short of Street forecasts.

For the year, the company reported profit of $45.7 million, or $1.54 per share. Revenue was reported as $114.8 million.

Bridgewater shares have dropped 0.5% since the beginning of the year. The stock has climbed 32% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BWB at https://www.zacks.com/ap/BWB

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News