Welcome to our dedicated page for Bridgewater Banc news (Ticker: BWBBP), a resource for investors and traders seeking the latest updates and insights on Bridgewater Banc stock.
Bridgewater Bancshares, Inc. Depositary Shares (Nasdaq: BWBBP) are tied to the Company’s 5.875% Non-Cumulative Perpetual Preferred Stock, Series A, and sit within the broader context of Bridgewater Bancshares, Inc.’s financial performance and capital decisions. The Company, a Minnesota-based savings institution operating through Bridgewater Bank, regularly issues detailed earnings press releases and SEC reports that provide insight into its operations and capital structure.
The news flow around Bridgewater Bancshares, Inc. typically centers on quarterly and annual financial results, including net income, net interest income, net interest margin on a fully tax-equivalent basis, loan and deposit growth, efficiency ratios, and asset quality metrics such as nonperforming assets and net loan charge-offs. These releases also highlight developments like core deposit trends, loan portfolio changes, and tangible book value per share.
For holders and prospective investors in BWBBP, Company news is especially relevant when it touches on capital actions and preferred dividends. In connection with its second quarter 2025 earnings release, the Company announced that its Board of Directors had declared a quarterly cash dividend on the 5.875% Non-Cumulative Perpetual Preferred Stock, Series A, specifying the amount per preferred share and the equivalent amount per BWBBP depositary share. Other disclosures have described the extension of a stock repurchase program for common shares and the issuance of 7.625% Fixed-to-Floating Rate Subordinated Notes due 2035.
Visitors to the BWBBP news page on Stock Titan can review a chronological feed of these Company announcements, including earnings releases, capital markets transactions, and governance updates reported on Form 8-K. Monitoring this stream helps investors understand how Bridgewater Bancshares, Inc.’s evolving balance sheet, profitability, and regulatory filings may relate to the preferred equity represented by BWBBP.
Summary not available.
Bridgewater Bancshares, Inc. (Nasdaq: BWB) reported a net income of $11.6 million for Q1 2023, down from $13.7 million in Q4 2022 and $12.3 million YoY. Earnings per diluted share decreased to $0.37 from $0.45 in Q4 2022 and $0.39 in Q1 2022. The net interest margin contracted to 2.72%, a decline from 3.16% in Q4 2022, reflecting higher funding costs. Total assets increased 5.9% to $4.60 billion, driven by strong loan growth, with gross loans up 3.2% QoQ. Despite a slight dip in deposits by 0.2% to $3.41 billion, the bank maintained a strong balance sheet with a tangible book value of $11.95 per share. The company declared a cash dividend of $36.72 per share on its Series A Preferred Stock, payable on June 1, 2023.
Bridgewater Bancshares, Inc. (Nasdaq: BWB) reported a fourth-quarter net income of $13.7 million, down 5.4% from Q3 2022 but up 9.8% from Q4 2021. Earnings per diluted share were $0.45, a 5.6% decrease from the previous quarter. The company noted strong balance sheet growth, with gross loans increasing by $189.4 million (22.2% annualized) and deposits up $111.5 million (13.4% annualized). However, net interest margin compressed to 3.16% from 3.53% in Q3 due to rising interest rates. The company expects ongoing challenges in 2023 but intends to focus on profitable growth. Annual earnings per share for 2022 increased 12.0% to $1.72 compared to 2021.
Bridgewater Bancshares, Inc. (Nasdaq: BWB) reported record net income of $14.5 million for Q3 2022, reflecting a 12.7% increase quarter-over-quarter and a 26.1% increase year-over-year. Diluted EPS rose to $0.47, up 14.6% sequentially and 19.4% annually. The company experienced strong loan growth of 19.0% annualized and a 12.8% annualized increase in deposits. Despite rising interest rates impacting margins, Bridgewater's efficiency ratio improved to 39.4%, and tangible book value per share increased to $11.33. A quarterly dividend of $36.72 per share for Series A Preferred Stock was also declared.
Bridgewater Bancshares reported a net income of $12.9 million for Q2 2022, a 5.1% increase from Q1 2022 and a 17.2% increase year-over-year. Diluted EPS rose 6.8% and 9.2% from the previous quarter and year, respectively, reaching $0.41. The bank experienced a 31.9% annualized growth in gross loans and 22.0% in deposits. Net interest margin remained stable at 3.58%. The board declared a quarterly cash dividend of $36.72 per share of its Series A Preferred Stock, payable on September 1, 2022.
Bridgewater Bancshares reported net income of $12.3 million for Q1 2022, a 2.0% decrease from Q4 2021 but a 14.9% increase year-over-year. Earnings per diluted share remained stable at $0.39. Loan growth was strong, with gross loans increasing 24.2% annualized, and deposits grew by 12.3%. The net interest margin improved to 3.60%, while net charge-offs remained at 0.00%. A quarterly cash dividend of $36.72 per share of Series A Preferred Stock (BWBBP) was also declared.
Bridgewater Bancshares reported a net income of $12.5 million for Q4 2021, up 8.7% from Q3 2021 and a remarkable 151.3% increase from Q4 2020. Diluted earnings per share were $0.39, slightly down from $0.40 in Q3 2021, but up significantly from $0.17 a year ago. The bank experienced strong loan production with gross loans rising 15.7% annualized in Q4. Deposits also grew by 12.8%. A quarterly cash dividend of $36.72 per share on Series A Preferred Stock is set for March 1, 2022. For 2021, diluted earnings per share reached $1.54, a 64.8% increase year-over-year.
Bridgewater Bancshares, Inc. (Nasdaq: BWB) has declared a quarterly cash dividend of $42.43 per share on its 5.875% Non-Cumulative Perpetual Preferred Stock, Series A (Nasdaq: BWBBP). This dividend, amounting to $0.4243 per depositary share, will be payable on December 1, 2021, to shareholders on record as of November 15, 2021. With total assets of $3.2 billion and a strong growth history, Bridgewater Bank continues to position itself as a leading financial institution in Minnesota.