Bridgewater Bancshares Inc

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.

Bridgewater Bancshares Inc. announced its second quarter 2026 financial results, reporting net income of $14.0 million and diluted EPS of $0.45. While net income and EPS decreased quarter-over-quarter, net interest income grew by 21.0% annualized, and net interest margin expanded by 8 basis points. The company also saw growth in its loan and deposit portfolios, but nonperforming assets increased. Additionally, the Board of Directors declared a quarterly cash dividend of $36.72 per share on its Series A Preferred Stock.

Bridgewater Bancshares Inc. provided an investor presentation highlighting strong financial performance and strategic initiatives. The company reported a 24 basis point increase in its Net Interest Margin to 2.99% in 1Q26, with net interest income growing 3% from the prior quarter. Strategic balance sheet actions included selling $208.5 million in securities for a $7.3 million pre-tax gain and prepaying $97.5 million in FHLB advances. Bridgewater also emphasized its robust organic growth, efficient operating model, and strong asset quality, with expectations for high single-digit loan growth in 2026.

Bridgewater Bancshares Inc. announced a quarterly cash dividend of $36.72 per share on its 5.875% Non-Cumulative Perpetual Preferred Stock, Series A. This is equivalent to $0.3672 per depository share. The dividend is payable on June 1, 2026, to shareholders of record as of May 15, 2026. The company also released its financial results for the three months ended March 31, 2026.