Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
-0.99%
$21.67
0% positive prob.
5-Day Prediction
-5.43%
$20.70
0% positive prob.
20-Day Prediction
-6.05%
$20.57
0% positive prob.
SEC 8-K filings with transcript text
Jul 21, 2026 · 100% conf.
1D
-0.99%
$21.67
Act: -5.30%
5D
-5.43%
$20.70
Act: -4.07%
20D
-6.05%
$20.57
2 bwb-20260721xex99d1.htm
Exhibit 99.1
Media Contact: Emily Karpenske | Senior Communication Specialist Emily.Karpenske@bwbmn.com | 952.653.0624
Investor Contact: Justin Horstman | VP Investor Relations Justin.Horstman@bwbmn.com | 952.542.5169
July 21, 2026
Bridgewater Bancshares, Inc. Announces Second Quarter 2026 Financial Results
Second Quarter 2026 Highlights
●Net income of $14.0 million, or $0.45 per diluted common share.
●Net interest income increased $1.9 million, or 21.0% annualized, from the first quarter of 2026.
●Net interest margin (on a fully tax-equivalent basis) of 3.07%, an increase of eight basis points from the first quarter of 2026.
●Yield on total loans of 5.91% for the second quarter of 2026, an increase of 10 basis points from the first quarter of 2026.
●Gross loans increased by $58.3 million, or 5.4% annualized, from the first quarter of 2026.
●Total deposits increased by $40.7 million, or 3.8% annualized, from the first quarter of 2026; core deposits(2) decreased by $29.9 million, or 3.5% annualized, from the first quarter of 2026.
●Efficiency ratio(1) of 53.0%, down from 56.3% for the first quarter of 2026.
●Annualized net loan charge-offs as a percentage of average loans of 0.04%, compared to 0.05% for the first quarter of 2026.
●Nonperforming assets to total assets of 0.40% at June 30, 2026, up from 0.22% at March 31, 2026.
●Tangible book value per share(1) of $16.61 at June 30, 2026, an increase of 17.1% annualized from the first quarter of 2026.
●Common Equity Tier 1 Risk-Based Capital Ratio of 9.61%, up from 9.53% at March 31, 2026.
●Repurchased 38,659 shares of common stock at a weighted average price of $18.12, for a total of $700,000.
(1)Represents a non-GAAP financial measure. See "Non-GAAP Financial Measures" for further details.
(2)Core deposits are defined as total deposits less brokered deposits and certificates of deposit greater than $250,000.
Page 1 of 19
St. Louis Park, MN – Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“the Company”), the parent company of Bridgewater Bank (“the Bank”), today announced net income of $14.0 million for the second quarter of 2026, compared to $17.4 million for the first quarter of 2026, and $11.5 million for the second quarter of 2025. Earnings per diluted common share were $0.45 for the second quarter of 2026, compared to $0.58 for the first quarter of 2026, and $0.38 for the second quarter of 2025.
“Bridgewater’s strong second quarter reflected continued progress across key profitability drivers, highlighted by improved revenue and net interest income growth trends,” said Chairman and Chief Executive Officer, Jerry Baack. “The profitable growth of our loan portfolio, supported by continued net interest margin expansion and higher loan repricing, helped drive stronger earnings performance while we maintained our disciplined credit underwriting approach and strong asset quality profile. Our results demonstrated the strength of our core banking model, the benefits of disciplined balance sheet management, and the continued momentum we are seeing across our markets.
“We remain focused on executing our relationship-based growth strategy and are continuing to proactively add top talent across our production and support teams. These investments will support our ability to capitalize on future growth opportunities, strengthen our ability to serve clients, and create long-term value for our shareholders.”
Page 2 of 19
Key Financial Measures
As of and for the Three Months Ended
As of and for the Six Months Ended
June 30,
March 31,
June 30,
June 30,
June 30,
2026
2026
2025
2026
2025
Per Common Share Data
Basic Earnings Per Share
$
0.47
$
0.59
$
0.38
$
1.06
$
0.70
Diluted Earnings Per Share
0.45
0.58
0.38
1.03
0.68
Adjusted Diluted Earnings Per Share (1)
0.45
0.41
0.37
0.86
0.69
Book Value Per Share
17.27
16.60
14.92
17.27
14.92
Tangible Book Value Per Share (1)
16.61
15.93
14.21
16.61
14.21
Financial Ratios
Return on Average Assets (2)
1.06
%
1.35
%
0.90
%
1.20
%
0.83
%
Pre-Provision Net Revenue Return on Average Assets (1)(2)
1.43
1.30
1.27
1.37
1.20
Return on Average Shareholders' Equity (2)
10.17
13.45
9.80
11.76
9.10
Return on Average Tangible Common Equity (1)(2)
11.15
15.13
10.93
13.07
10.08
Net Interest Margin (3)
3.
Apr 21, 2026
2 bwb-20260421xex99d1.htm
Exhibit 99.1
Media Contact: Emily Karpenske | Senior Communication Specialist Emily.Karpenske@bwbmn.com | 952.653.0624
Investor Contact: Justin Horstman | VP Investor Relations Justin.Horstman@bwbmn.com | 952.542.5169
April 21, 2026
Bridgewater Bancshares, Inc. Announces First Quarter 2026 Financial Results
First Quarter 2026 Highlights
●Net income of $17.4 million, or $0.58 per diluted common share; adjusted net income of $12.6 million, or $0.41 per diluted common share.(1)
●Net interest income increased $960,000, or 10.9% annualized, from the fourth quarter of 2025.
●Net interest margin (on a fully tax-equivalent basis) of 2.99%, an increase of 24 basis points from the fourth quarter of 2025.
●Cost of total deposits of 2.79% for the first quarter of 2026, a decrease of 18 basis points from the fourth quarter of 2025.
●Enhanced balance sheet efficiency to improve forward profitability through the sale of $208.5 million of securities, for a pre-tax gain of $7.3 million, and prepayment of $97.5 million of FHLB advances, including a $982,000 prepayment fee.
●Gross loans increased by $58.5 million, or 5.5% annualized, from the fourth quarter of 2025.
●Total deposits decreased by $14.9 million, or 1.4% annualized, from the fourth quarter of 2025; core deposits(2) increased by $26.2 million, or 3.2% annualized, from the fourth quarter of 2025.
●Efficiency ratio(1) of 56.3%, up from 51.6% for the fourth quarter of 2025; adjusted efficiency ratio(1) of 53.8%, up from 50.7% for the fourth quarter of 2025.
●Annualized net loan charge-offs as a percentage of average loans of 0.05%, compared to 0.11% for the fourth quarter of 2025.
●Nonperforming assets to total assets of 0.22% at March 31, 2026, down from 0.41% at December 31, 2025.
●Tangible book value per share(1) of $15.93 at March 31, 2026, an increase of 9.9% annualized, from the fourth quarter of 2025.
●Common Equity Tier 1 Risk-Based Capital Ratio of 9.53%, up from 9.17% at December 31, 2025.
●Launched an at-the-market (“ATM”) offering for the sale from time-to-time of up to $50 million of common stock.
(1)Represents a non-GAAP financial measure. See "Non-GAAP Financial Measures" for further details.
(2)Core deposits are defined as total deposits less brokered deposits and certificates of deposit greater than $250,000.
Page 1 of 18
St. Louis Park, MN – Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“the Company”), the parent company of Bridgewater Bank (“the Bank”), today announced net income of $17.4 million for the first quarter of 2026, compared to $13.3 million for the fourth quarter of 2025, and $9.6 million for the first quarter of 2025. Earnings per diluted common share were $0.58 for the first quarter of 2026, compared to $0.43 for the fourth quarter of 2025, and $0.31 for the first quarter of 2025. Adjusted diluted earnings per share, a non-GAAP financial measure, were $0.41 for the first quarter of 2026, compared to $0.44 for the fourth quarter of 2025, and $0.32 for the first quarter of 2025.
“Bridgewater’s first quarter of 2026 was highlighted by significant net interest margin expansion, continued loan and core deposit growth, and strong asset quality,” said Chairman and Chief Executive Officer, Jerry Baack. “We took opportunistic actions during the quarter to enhance our balance sheet efficiency, uniquely resulting in a substantial gain on the sale of securities during the quarter while also positioning us for improved forward profitability. As a result of the strong start to 2026, we were able to build our capital position and continue generating consistent tangible book value per share growth.
“Our teams continue to work hard to build, strengthen, and service relationships with clients, which has been instrumental in our ongoing success in gaining market share. These dedicated efforts continue to support our growth initiatives and drive meaningful value for our clients and shareholders alike.”
Page 2 of 18
Key Financial Measures
As of and for the Three Months Ended
March 31,
December 31,
March 31,
2026
2025
2025
Per Common Share Data
Basic Earnings Per Share
$
0.59
$
0.45
$
0.31
Diluted Earnings Per Share
0.58
0.43
0.31
Adjusted Diluted Earnings Per Share (1)
0.41
0.44
0.32
Book Value Per Share
16.60
16.23
14.60
Tangible Book Value Per Share (1)
15.93
15.55
13.89
Financial Ratios
Return on Average Assets (2)
1.35
%
0.97
%
0.77
%
Pre-Provision Net Revenue Return on Average Assets (1)(2)
1.30
1.35
1.13
Return on Average Shareholders' Equity (2)
13.45
10.38
8.39
Return on Ave
Jan 27, 2026
2 bwb-20260127xex99d1.htm
Exhibit 99.1
Media Contact: Emily Karpenske | Senior Communication Specialist Emily.Karpenske@bwbmn.com | 952.653.0624
Investor Contact: Justin Horstman | VP Investor Relations Justin.Horstman@bwbmn.com | 952.542.5169
January 27, 2026
Bridgewater Bancshares, Inc. Announces Fourth Quarter 2025 Financial Results
Fourth Quarter 2025 Highlights
●Net income of $13.3 million, or $0.43 per diluted common share; adjusted net income of $13.5 million, or $0.44 per diluted common share.(1)
●Net interest income increased $1.6 million, or 4.7%, from the third quarter of 2025.
●Net interest margin (on a fully tax-equivalent basis) of 2.75%, an increase of 12 basis points from the third quarter of 2025.
●Noninterest income increased $1.1 million, or 52.7%, from the third quarter of 2025.
●Total deposits increased by $27.6 million, or 2.6% annualized, from the third quarter of 2025; core deposits(2) increased by $72.6 million, or 8.8% annualized, from the third quarter of 2025.
●Gross loans increased by $95.0 million, or 8.9% annualized, from the third quarter of 2025.
●Efficiency ratio(1) of 51.6%, down from 54.7% for the third quarter of 2025; adjusted efficiency ratio(1) of 50.7%, down from 53.2% for the third quarter of 2025.
●Completed the closure of one branch acquired from First Minnetonka City Bank (“FMCB”) in 2024.
Full Year 2025 Highlights
●Net income of $46.1 million, or $1.49 per diluted common share; adjusted net income of $46.9 million, or $1.52 per diluted common share.(1)
●Pre-provision net revenue(1) increased $19.3 million, or 42.1%, from 2024.
●Tangible book value per share(1) of $15.55 at December 31, 2025, an increase of $2.06, or 15.3%, from December 31, 2024.
●Total deposits increased by $233.6 million, or 5.7%, in 2025; core deposits(2) increased by $244.6 million, or 7.9%, in 2025.
●Gross loans increased by $441.0 million, or 11.4%, in 2025.
●Net loan charge-offs as a percentage of average loans of 0.04%, up from 0.03% for the year ended December 31, 2024.
(1)Represents a non-GAAP financial measure. See "Non-GAAP Financial Measures" for further details.
(2)Core deposits are defined as total deposits less brokered deposits and certificates of deposit greater than $250,000.
Page 1 of 19
St. Louis Park, MN – Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“the Company”), the parent company of Bridgewater Bank (“the Bank”), today announced net income of $13.3 million for the fourth quarter of 2025, compared to $11.6 million for the third quarter of 2025, and $8.2 million for the fourth quarter of 2024. Earnings per diluted common share were $0.43 for the fourth quarter of 2025, compared to $0.38 for the third quarter of 2025, and $0.26 for the fourth quarter of 2024. Adjusted net income, a non-GAAP financial measure, was $13.5 million for the fourth quarter of 2025, compared to $12.0 million for the third quarter of 2025, and $8.6 million for the fourth quarter of 2024. Adjusted earnings per diluted common share, a non-GAAP financial measure, were $0.44 for the fourth quarter of 2025, compared to $0.39 for the third quarter of 2025, and $0.27 for the fourth quarter of 2024.
“Bridgewater’s fourth quarter was highlighted by strong revenue growth, well controlled expenses, and continued core deposit and loan growth momentum,” said Chairman and Chief Executive Officer, Jerry Baack. “Our overall efficiency improved as meaningful net interest margin expansion and strong swap fee income drove revenue higher while expense growth returned to more normalized levels following the systems conversion of our recent acquisition. Meanwhile, we continued to capitalize on the M&A disruption in the Twin Cities through opportunities to attract top talent and earn new client relationships.
“As we look ahead to 2026, we are focused on driving profitable growth, gaining market share, and continuing to leverage technology investments to support future growth. We will also look to expand key verticals including affordable housing, which became a key growth driver for us in 2025. With the right team in place, an outlook for continued growth and net interest margin expansion, and a strong credit culture, we believe we are well positioned to continue improving profitability and growing tangible book value in 2026.”
Page 2 of 19
Key Financial Measures
As of and for the Three Months Ended
As of and for the Year Ended
December 31,
September 30,
December 31,
December 31,
December 31,
2025
2025
2024
2025
2024
Per Common Share Data
Basic Earnings Per Share
$
0.45
$
0.38
$
0.26
$
1.53
$
1.05
Diluted Earnings Per Share
0.43
0.38
0.26
1.49
1.03
Adjusted Diluted Earning
This page provides Bridgewater Bancshares Inc. (BWB) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on BWB's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.