Quarterly UpdatesAug 12, 2026, 04:38 PM
Bridgewater Bancshares 2Q26 NIM Up 8 bps; Efficiency Ratio 41.5%
AI Summary
Bridgewater Bancshares Inc. released an investor presentation highlighting strong financial performance and strategic priorities for 2Q26. The company reported an 8 basis point increase in Net Interest Margin to 3.07% and a highly efficient operating model with a 41.5% efficiency ratio. Total assets reached $5.4 billion, with loan balances growing 5.4% annualized to $4.4 billion and deposits increasing 3.8% annualized to $4.3 billion. The company also repurchased 38,659 shares for $700,000 and maintained robust capital and asset quality metrics.
Key Highlights
- Net Interest Margin (NIM) increased 8 basis points to 3.07% in 2Q26.
- Efficiency Ratio for 2Q26 YTD was 41.5%, outperforming peers.
- Total Assets reached $5.4 billion as of June 30, 2026.
- Loan balances grew 5.4% annualized to $4.4 billion in 2Q26.
- Deposits increased $41 million, or 3.8% annualized, to $4.3 billion in 2Q26.
- Repurchased 38,659 shares of common stock for $700,000 in 2Q26.
- Common Equity Tier 1 Capital Ratio stood at 9.61% as of June 30, 2026.
- Nonperforming Assets as a percentage of Assets was 0.01% in 2Q26.
Price Impact
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