Bridgewater Bancshares, Inc. (BWB)

Bridgewater Bancshares, Inc. released its Q4 2024 earnings on January 29, 2025, and held an Annual General Meeting on April 22, 2025. The Q1 2025 earnings were released on April 23, 2025. In April 2025, regional banks, including BWB, experienced a slump due to economic uncertainty stemming from new U.S. tariffs. On June 24, 2025, Bridgewater Bancshares, Inc. completed a private placement of $80.0 million of 7.625% Fixed-to-Floating Rate Subordinated Notes. The Q2 2025 earnings were released on July 23, 2025. In July 2025, analysts issued ratings and price target increases for BWB, but Seeking Alpha downgraded Bridgewater Bancshares from "Strong Buy" to "Hold". Insider trading activity in the past six months has shown more sales than purchases. Ahead of its Q3 2025 earnings, Bridgewater Bancshares received a "Strong Buy" rating from Zacks. On October 21, 2025, Bridgewater (BWB) reported its Q3 2025 earnings, which missed Zacks Consensus Estimates for both earnings per share and revenue.

Demand for Bridgewater Bancshares' products and services exhibits some seasonality, with loan demand generally experiencing annual lows in late January and February, increasing from March, rising sharply through July, and typically peaking in August or September, before decreasing again until December. Public deposit balances can show seasonality, with some banks experiencing decreases in average savings, money market, and interest-bearing demand deposits in certain quarters. Small businesses often seek financing after tax season or during a strong quarter. Seasonal patterns in interest rates can also influence demand, with rates tending to be lower in spring and fall, and higher in winter and summer.

Bridgewater Bancshares, Inc. (BWB) functions as the bank holding company for Bridgewater Bank, a full-service commercial bank established in 2005, operating within the Financials sector and the Banks - Regional industry, focusing on serving small businesses, real estate investors, and entrepreneurs by offering commercial loans, business checking and savings accounts, treasury management services, and personal banking solutions.

Bridgewater Bancshares, Inc. is headquartered in St. Louis Park, Minnesota, with its primary geographic footprint being the Twin Cities metropolitan area, where it operates nine strategically located branch locations.

Bridgewater Bancshares has maintained a positive brand reputation over the past year, receiving numerous awards for its banking services and corporate culture. In March 2023, Bridgewater Bancshares, Inc. was ranked 14th in S&P Global Market Intelligence's annual ranking and MarketBeat also scored Bridgewater Bancshares higher than 93% of evaluated companies.

Bridgewater Bancshares, Inc. has a diverse ownership structure, with institutional shareholders holding between 54.17% and 65.83% of the stock, insiders owning between 17.8% and 23.27%, and retail investors accounting for approximately 24.67% of the ownership. Major institutional owners include Thrivent Financial For Lutherans, BlackRock, Inc., Vanguard Group Inc, Dimensional Fund Advisors Lp, State Street Corp, and Geode Capital Management, Llc. Key individual owners and insiders include Jerry J. Baack (Chairman, President, and CEO), who is the largest individual shareholder, owning 5.40% of the company, David B. Juran, Todd B. Urness, and Jeffrey D. Shellberg.