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.

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“Bridgewater”), the parent company of Bridgewater Bank, announced the completion of Bridgewater Bank's acquisition of First Minnetonka City Bank (“FMCB”), effective December 13, 2024. “We are excited to welcome First Minnetonka City Bank's team members and clients to Bridgewater as we demonstrate our unique culture, provide responsive service and simple solutions, and offer an enhanced suite of products and serv.

Bridgewater Bancshares, Inc. Completes Acquisition of First Minnetonka City Bank

Bridgewater Bancshares, Inc. (NASDAQ:BWB ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Justin Horstman - Vice President, Investor Relations Jerry Baack - Chairman and CEO Joe Chybowski - President and CFO Nick Place - Chief Banking Officer Jeff Shellberg - Chief Credit Officer Conference Call Participants Jeff Rulis - D.A. Davidson Brendan Nosal - Hovde Group Nathan Race - Piper Sandler Operator Good morning.

Bridgewater Bancshares, Inc. (BWB) Q3 2024 Earnings Call Transcript

Bridgewater (BWB) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Bridgewater (BWB) Is a Great Choice for 'Trend' Investors, Here's Why

Bridgewater (BWB) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.30 per share a year ago.

Bridgewater (BWB) Q3 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 $8.7 million for the third quarter of 2024, compared to $8.1 million for the second quarter of 2024, and $9.6 million for the third quarter of 2023. Earnings per diluted common share were $0.27 for the third quarter of 2024, compared to $0.26 for the second quarter of 2024, and $0.30 for the third quarter of 2023. “Bri.

Bridgewater Bancshares, Inc. Announces Third Quarter 2024 Net Income of $8.7 Million, $0.27 Diluted Earnings Per Common Share

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“Bridgewater”), the parent company of Bridgewater Bank, and First Minnetonka City Bank announced today the receipt of all necessary regulatory approvals, including approval from the Federal Deposit Insurance Corporation and the Minnesota Department of Commerce, to complete Bridgewater Bank's previously announced acquisition of First Minnetonka City Bank. The acquisition is expected to close in the fourth quarter.

Bridgewater Bancshares, Inc. Receives Regulatory Approvals for First Minnetonka City Bank Acquisition

Bridgewater (BWB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bridgewater (BWB) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that it will release its third quarter 2024 financial results after the market closes on Wednesday, October 23, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, October 24, 2024 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to.

Bridgewater Bancshares, Inc. to Announce Third Quarter 2024 Financial Results and Host Earnings Conference Call

Bridgewater (BWB) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why Momentum in Bridgewater (BWB) Should Keep going

BWB agrees to acquire First Minnetonka City Bank to enhance its loan diversification and revenue mix. This move is expected to be accretive to 2025 earnings.

Bridgewater Bancshares to Acquire First Minnetonka City Bank

ST. LOUIS PARK, Minn. & MINNETONKA, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“Bridgewater”), the parent company of Bridgewater Bank, and First Minnetonka City Bank announced today the signing of a definitive merger agreement under which Bridgewater Bank would acquire First Minnetonka City Bank in an all-cash transaction. At the closing of the transaction, First Minnetonka City Bank will merge with and into Bridgewater Bank. The combined organization is expected to hav.

Bridgewater Bancshares, Inc. Announces Strategic Acquisition of First Minnetonka City Bank

Bridgewater Bancshares, Inc. (NASDAQ:BWB ) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Justin Horstman - Vice President of Investor Relations Jerry Baack - President & Chief Executive Officer Joe Chybowski - President & Chief Financial Officer Nick Place - Chief Lending Officer Conference Call Participants Brendan Nosal - Hovde Group Jeff Rulis - D.A. Davidson Nathan Race - Piper Sandler Operator Good morning, and welcome to the Bridgewater Bancshares 2024 Second Quarter Earnings Call.

Bridgewater Bancshares, Inc. (BWB) Q2 2024 Earnings Call Transcript

Bridgewater (BWB) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.31 per share a year ago.

Bridgewater (BWB) Tops Q2 Earnings and Revenue 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 $8.1 million for the second quarter of 2024, compared to $7.8 million for the first quarter of 2024, and $9.8 million for the second quarter of 2023. Earnings per diluted common share were $0.26 for the second quarter of 2024, compared to $0.24 for the first quarter of 2024, and $0.31 for the second quarter of 2023. “B.

Bridgewater Bancshares, Inc. Announces Second Quarter 2024 Net Income of $8.1 Million, $0.26 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 it will release its second quarter 2024 financial results after the market closes on Wednesday, July 24, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, July 25, 2024 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join.

Bridgewater Bancshares, Inc. to Announce Second Quarter 2024 Financial Results and Host Earnings Conference Call

Bridgewater Bancshares is a regional bank in Minnesota, dealing with the industry pressures of higher interest rates and lower deposits. Despite challenges with interest rate spreads, the bank has stabilized net interest income and maintained strong deposit growth. Risks include high loan to deposit ratio and exposure to commercial real estate loans, but the bank has adequate liquidity to cover uninsured deposits.

Bridgewater Bancshares: 8.2% Yielding Preferred Share Is Good Income Investment

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BWB, CCJ and ARR have been added to the Zacks Rank #5 (Strong Sell) List on June 14, 2024.

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Bridgewater Associates' new CEO has said the hedge fund must be completely “rewired” in order to boost its performance and find its “independence” in the wake of Ray Dalio's exit in October 2022.

Bridgewater's new CEO says hedge fund must be ‘rewired' following Ray Dalio's exit

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced a significant milestone with the appointment of Joe Chybowski as President, effective April 26th, 2024. This strategic move, alongside pivotal leadership transitions, reaffirms Bridgewater's commitment to excellence and its vision for a dynamic future. Joe, currently serving as Chief Financial Officer, will take on the additional role of President, collabor.

Bridgewater Bancshares, Inc. Elevates Joe Chybowski to President, Announces Strategic Leadership Transitions to Propel Future Growth

Bridgewater (BWB) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.37 per share a year ago.

Bridgewater (BWB) Lags Q1 Earnings and Revenue 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 $7.8 million for the first quarter of 2024, compared to $8.9 million for the fourth quarter of 2023, and $11.6 million for the first quarter of 2023. Earnings per diluted common share were $0.24 for the first quarter of 2024, compared to $0.28 for the fourth quarter of 2023, and $0.37 for the first quarter of 2023. “Br.

Bridgewater Bancshares, Inc. Announces First Quarter 2024 Net Income of $7.8 Million, $0.24 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 it will release its first quarter 2024 financial results after the market closes on Wednesday, April 24, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, April 25, 2024 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join.

Bridgewater Bancshares, Inc. to Announce First Quarter 2024 Financial Results and Host Earnings Conference Call

Bridgewater Bancshares has faced challenges due to higher interest rates, resulting in a squeeze in net interest spreads and margins. Despite a drop in net interest margin, the bank's net interest income remains above pre-pandemic levels and is stabilizing. The bank's exposure to nonowner commercial real estate loans is a concern, but the risk is mitigated by low loan-to-value ratios and a small percentage of loans on a watchlist or substandard.

Bridgewater Bancshares: 8% Yielding Preferred Share Good For Income Investors

Bridgewater Bancshares, Inc. (BWB) Q4 2023 Earnings Call Transcript

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 $8.9 million for the fourth quarter of 2023, compared to $9.6 million for the third quarter of 2023, and $13.7 million for the fourth quarter of 2022. Earnings per diluted common share were $0.28 for the fourth quarter of 2023, compared to $0.30 for the third quarter of 2023, and $0.45 for the fourth quarter of 2022. “.

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