MetaCap

Bridgewater Bancshares (BWB) vs First Business Financial Services (FBIZ)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

First Business Financial Services (FBIZ) has outperformed Bridgewater Bancshares (BWB) over the past year, gaining 40.3% versus a gain of 17.2%. Over five years, FBIZ leads with a +146.0% price change compared with +14.3% for BWB. First Business Financial Services is the larger company by market cap ($590.9 million vs $568.3 million), about 1.0 times the size.

On valuation, Bridgewater Bancshares trades at a lower forward P/E (9.7x vs 10.2x for First Business Financial Services). First Business Financial Services pays a dividend yielding 1.78%, while Bridgewater Bancshares does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BWB+17.19%FBIZ+40.32%
+47%+19%-10%
Oct 8, 20251 yearOct 8, 2026
BWB+12.47%FBIZ+144.16%
+162%+48%-66%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BWB versus FBIZ key metrics
MetricBWBFBIZ
Share price$20.38$70.61
Market cap$568.27M$590.89M
1-day change+0.84%+0.73%
YTD return+16.26%+30.04%
1-year return+17.19%+40.32%
5-year return+14.30%+146.03%
P/E ratio (TTM)11.0810.78
Forward P/E9.7410.16
EPS (TTM)$1.84$6.55
Dividend yield0.00%1.78%
Annual dividend$0.00$1.26
52-week high$22.62$73.74
52-week low$16.06$46.07
Distance from 52-week high-9.90%-4.24%
Analyst consensusstrong_buybuy
Avg. price target upside+17.76%+11.32%
Average volume140.91K62.88K
Shares outstanding27.88M8.37M
Employees355355
SectorFinanceFinance
IndustryMajor BanksMajor Banks

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • FBIZ has outperformed BWB by 23.1 percentage points over the past year.
  • First Business Financial Services offers a meaningfully higher dividend yield (1.78% vs 0.00%).

About Bridgewater Bancshares

BWB stock →

Bridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank that provides banking products and services in the United States.

Finance · Major Banks · 355 employees

About First Business Financial Services

FBIZ stock →

First Business Financial Services, Inc. operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals in Wisconsin, Kansas, and Missouri.

Finance · Major Banks · 355 employees

BWB vs FBIZ FAQ

Which is bigger, Bridgewater Bancshares or First Business Financial Services?

First Business Financial Services (FBIZ) is larger, with a market capitalization of $590.89M compared with $568.27M for Bridgewater Bancshares (BWB).

Which stock has performed better over the past year, BWB or FBIZ?

FBIZ returned +40.32% over the past 12 months, compared with +17.19% for BWB (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, BWB or FBIZ?

FBIZ has the lower trailing P/E at 10.8, versus 11.1 for BWB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Bridgewater Bancshares or First Business Financial Services?

First Business Financial Services pays a dividend yielding 1.78%, while Bridgewater Bancshares does not currently pay a regular dividend.

Are Bridgewater Bancshares and First Business Financial Services in the same industry?

Yes. Both are classified in the Major Banks industry within the Finance sector.

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