Bridgewater Bancshares

Bridgewater Bancshares, Inc. is a holding company, which provides retail and commercial loan and deposit services. It offers deposits, lending, professional services, and business services. The company was founded by Jerry J. Baack and Jeffrey D. Shellberg in 2005 and is headquartered in Bloomington, MN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Bridgewater Bancshares excels in Q4 2022 despite funding pressures

Bridgewater Bancshares reported strong Q4 2022 earnings driven by efficient operations and asset quality. Despite facing challenges like declining net interest margin, the company remains optimistic about its long-term growth prospects and is strategically preparing for 2023.

Bridgewater Bancshares addresses challenges, focuses on strategic growth initiatives

Bridgewater Bancshares navigated challenges in Q1 2023 with a focus on maintaining strong client relationships and strategic initiatives for growth. Despite facing funding pressures and loan growth moderation, the company remains positive about its market position and brand.

Bridgewater Bancshares reports robust Q2 growth amidst rising rate concerns

Bridgewater Bancshares delivered strong financial performance in Q2 2023, with positive balance sheet trends and a focus on future growth. The company's emphasis on controlled expenses and asset quality positions it well for continued success.

Bridgewater Bancshares posts solid Q3 results, eyes future growth

Bridgewater Bancshares reported a robust performance in Q3 2023, emphasizing stable net interest margin, controlled expenses, and strong asset quality.
Despite challenges such as slowed loan growth, the company's focus on profitability optimization and expense management bodes well for future opportunities.
With improved capital ratios, liquidity, and a strategic outlook, Bridgewater Bancshares is poised to navigate challenges and leverage growth prospects effectively.

Bridgewater Bancshares reports strong Q4 performance and eyes growth opportunities

Bridgewater Bancshares' Q4 2023 performance was marked by positive trends, strong portfolio performance, and a focus on enhancing operational capabilities. The company's emphasis on client service, capital management, and growth initiatives positions it well for a favorable 2024.

Bridgewater Bancshares reports robust Q1 performance amidst growth challenges

Bridgewater Bancshares demonstrated strong financial performance in Q1 2024, with notable loan and deposit growth.
Effective expense control and consistent tangible book value growth underscore the company's financial stability.
While facing challenges like margin compression, the company's focus on asset quality and capital strength positions it well for future growth.

Bridgewater Bancshares reports strong Q3 earnings and eyes growth

Bridgewater Bancshares delivered solid financial performance in Q3 2024, with earnings per share of $0.27 and consistent net interest margin.
The company's strong credit culture, leadership enhancements, and focus on expense management underscore its commitment to sustainable growth.
While facing challenges such as margin expansion and capital allocation, Bridgewater Bancshares is well-positioned to leverage opportunities for future expansion.
With the acquisition of First Minnetonka City Bank and positive market trends, the company is poised for continued growth and value creation for shareholders.

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Bridgewater Bancshares, Inc. is a holding company, which provides retail and commercial loan and deposit services. It offers deposits, lending, professional services, and business services. The company was founded by Jerry J. Baack and Jeffrey D. Shellberg in 2005 and is headquartered in St. Louis Park, MN.

Bridgewater (BWB) delivered earnings and revenue surprises of 7.89% and 4.83%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Bridgewater (BWB) Q3 Earnings and Revenues Surpass Estimates

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $11.5 million for the third quarter of 2021, a 4.7% increase over net income of $11.0 million for the second quarter of 2021, and a 60.4% increase over net income of $7.2 million for the third quarter of 2020. Net income per diluted common share for the third quarter of 2021 was $0.40, a 4.8% increase compared to $0.38

Bridgewater Bancshares, Inc. Announces Record Third Quarter 2021 Net Income of $11.5 Million, $0.40 Diluted Earnings Per Common Share

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that its Board of Directors has declared a quarterly cash dividend on its 5.875% Non-Cumulative Perpetual Preferred Stock, Series A (“Series A Preferred Stock”). The quarterly cash dividend of $42.43 per share, equivalent to $0.4243 per depositary share, each representing a 1/100th interest in a share of the Series A Preferred Stock (Nasdaq: BWBBP), is paya

Bridgewater Bancshares, Inc. Declares Preferred Stock Dividend

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that the underwriters of its public offering of 2,400,000 depositary shares, each representing a 1/100th ownership interest in a share of 5.875% Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share (the “Series A Preferred Stock”), with a liquidation preference of $2,500 per share (equivalent to $25.00 per depositary share), have ex

Bridgewater Bancshares, Inc. Announces Exercise and Closing of Over-Allotment for Depositary Shares Offering

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced the closing of its underwritten public offering of 2,400,000 depositary shares, each representing a 1/100th ownership interest in a share of 5.875% Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share (the “Series A Preferred Stock”), with a liquidation preference of $2,500 per share (equivalent to $25.00 per depositary share). Brid

Bridgewater Bancshares, Inc. Announces Closing of $60.0 Million Depositary Shares Offering

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced the pricing of its underwritten public offering of 2,400,000 depositary shares, each representing a 1/100th ownership interest in a share of 5.875% Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share (the “Series A Preferred Stock”), with a liquidation preference of $2,500 per share (equivalent to $25.00 per depositary share) for g

Bridgewater Bancshares, Inc. Announces Pricing of $60.0 Million Depositary Shares Offering

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that it has commenced an underwritten registered public offering of depositary shares, each representing a 1/100th ownership interest in a share of its Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share, with a liquidation preference of $2,500 per share (equivalent to $25.00 per depositary share). Bridgewater will also grant the u

Bridgewater Bancshares, Inc. Announces Offering of Depositary Shares

Bridgewater (BWB) delivered earnings and revenue surprises of 2.70% and 3.16%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Bridgewater (BWB) Q2 Earnings and Revenues Beat Estimates

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $11.0 million for the second quarter of 2021, a 3.0% increase over net income of $10.7 million for the first quarter of 2021, and a 44.7% increase over net income of $7.6 million for the second quarter of 2020. Net income per diluted common share for the second quarter of 2021 was $0.38, a 2.4% increase compared to $0.

Bridgewater Bancshares, Inc. Announces Record Second Quarter 2021 Net Income of $11.0 Million, $0.38 Diluted Earnings Per Common Share

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bank, a leading Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs and a subsidiary of Bridgewater Bancshares, Inc. (Nasdaq: BWB), announced today that it has raised its minimum wage to $20 per hour for all regular, full-time employees, effective August 1, 2021. Bridgewater Bank is believed to be one of the few local Minnesota companies to establish a $20 per hour minimum wage. The change represent

Locally Led Bridgewater Bank Raises Minimum Wage to $20 Per Hour

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank, today announced the completion of a private placement of $30.0 million in aggregate principal amount of 3.25% fixed-to-floating rate subordinated notes due 2031 (the Notes). The Company intends to use the net proceeds of the private placement for general corporate purposes, including support for organic growth plans, support for bank level capital ratios and

Bridgewater Bancshares, Inc. Completes Private Placement of $30.0 Million of 3.25% Fixed-to-Floating Rate Subordinated Notes

If you are looking for stocks that are well positioned to maintain their recent uptrend, Bridgewater (BWB) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

What Makes Bridgewater (BWB) a Good Fit for "Trend Investing"

Bridgewater (BWB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Bridgewater (BWB): Time to Buy?

As of late, it has definitely been a great time to be an investor in Bridgewater Bancshares, Inc. (BWB).

Bridgewater Bancshares' (BWB) Shares March Higher, Can It Continue?

Bridgewater (BWB) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Strength Seen in Bridgewater (BWB): Can Its 8.4% Jump Turn into More Strength?

Bridgewater (BWB) delivered earnings and revenue surprises of 12.12% and 2.56%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Bridgewater (BWB) Q1 Earnings and Revenues Top Estimates

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $10.7 million for the first quarter of 2021, a 43.4% increase over net income of $7.4 million for the first quarter of 2020. Net income per diluted common share for the first quarter of 2021 was $0.37, a 46.1% increase, compared to $0.25 per diluted common share for the same period in 2020. “This team has done a phenom

Bridgewater Bancshares, Inc. Announces Record First Quarter 2021 Net Income of $10.7 Million, $0.37 Diluted Earnings Per Share

Bridgewater Bancshares (BWB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is Bridgewater Bancshares (BWB) Stock a Solid Choice Right Now?

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Surging Earnings Estimates Signal Upside for Bridgewater (BWB) Stock

Bridgewater (BWB) delivered earnings and revenue surprises of 33.33% and 11.18%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Bridgewater (BWB) Q4 Earnings and Revenues Beat Estimates

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $5.0 million, or $0.17 per diluted common share, for the fourth quarter of 2020, compared to net income of $7.2 million, or $0.25 per diluted common share, for the third quarter of 2020, and net income of $8.6 million, or $0.29 per diluted common share, for the fourth quarter of 2019. The net income decline in the four

Bridgewater Bancshares, Inc. Announces Fourth Quarter 2020 Financial Results

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Bridgewater Bancshares (BWB) delivered earnings and revenue surprises of 4.17% and -0.93%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

News for Bridgewater Bancshares Stock (BWB)