Bridgewater Bancshares, Inc. reports recurring developments for its bank holding company and preferred depositary shares, including financial results, balance sheet trends, capital actions and updates from Bridgewater Bank. The company operates a Twin Cities-focused banking franchise serving commercial and personal clients with loans, deposits, treasury management, digital banking and related services.
Company news commonly covers net interest income and margin, loan and core deposit growth, asset quality, tangible book value trends, fee income, securities portfolio actions and integration activity following completed bank acquisitions. Updates also address capital initiatives such as common-stock offering programs and business lines tied to commercial real estate, multifamily lending and affordable housing.
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.