Bridgewater Bancshares, Inc. filings document the regulatory record of a Nasdaq-listed Minnesota financial holding company and its wholly owned banking subsidiary, Bridgewater Bank. Form 8-K reports cover operating results, earnings presentations, Regulation FD investor materials, cash dividend announcements and material agreements such as the company's at-the-market common stock equity distribution arrangement.
Proxy and shareholder-meeting filings address board elections, voting results, executive compensation, equity awards and other governance matters. The filing record also reflects capital-structure disclosures for common stock and depositary-share securities, formal financial-condition disclosures and capital management matters tied to the Bridgewater Bank operating model.
Bridgewater Bancshares Inc CEO Jerry J. Baack exercised options covering 36,166 shares on October 22, 2026, at an exercise price of $7.47 per share; he acquired 29,099 common shares, while 7,067 shares were delivered or withheld for payment of exercise price or tax liability. On October 23, 2026, he exercised options to acquire 17,834 common shares at $7.47 per share. Reported positions also include 1,000 common shares indirectly held by a dependent child and direct options covering 65,000 shares at $12.92, expiring December 6, 2029, and 100,000 shares at $17.50, expiring February 1, 2032.
Bridgewater Bancshares, Inc. (BWB) reported third-quarter 2026 net income of $15.0 million, compared with $11.6 million in third-quarter 2025; diluted earnings per share were $0.49 versus $0.38. Net interest income was $40.7 million, compared with $34.1 million, and net interest margin was 3.09% versus 2.63%.
At September 30, 2026, total assets were $5.6 billion, gross loans were $4.51 billion and deposits were $4.47 billion. Compared with June 30, 2026, gross loans increased $80.4 million, or 7.2% annualized, while deposits increased $126.8 million, or 11.6% annualized. The quarterly provision for credit losses on loans and leases was $2.8 million, compared with $0.9 million in the third quarter of 2025; nonperforming assets were 0.37% of total assets versus 0.19%.
The board declared a quarterly cash dividend on Series A preferred stock of $36.72 per share, equivalent to $0.3672 per depositary share, each representing a 1/100th interest in a preferred share. It is payable December 1, 2026, to holders of record at close of business November 13, 2026.
Bridgewater Bancshares Inc director Mohammed Lawal acquired 969 shares of common stock through a grant or award on September 30, 2026. The reported transaction price was $0.00 per share. His directly held position after the transaction was 37,467 shares. This was a grant or award acquisition, not a reported market purchase.
Lisa Brezonik, a director of Bridgewater Bancshares Inc., received a grant/award of 969 shares of common stock on September 30, 2026. The shares were held directly, and her reported direct common-stock holdings after the transaction were 38,147 shares. This was an award acquisition rather than a market purchase.
Bridgewater Bancshares Inc director Douglas J. Parish acquired 484 common shares through a grant/award on September 30, 2026, bringing his directly held position to 6,378 shares. He also reported 4,107 shares held through the Douglas J Parish Revocable Trust, where he serves as co-trustee and shares voting and investment power.
Bridgewater Bancshares Inc director James S. Johnson acquired 969 shares of common stock as an award on September 30, 2026, at a reported price of $0.00 per share. His directly held common stock position following the award was 98,422 shares. The report also lists 10,417 shares held indirectly through his spouse's IRA and holdings in the James S. Johnson Trust and Jolynn Johnson Trust; he shares voting and investment power over shares in both trusts.
David J. Volk, a director of Bridgewater Bancshares Inc (BWB), acquired an award of 969 shares of common stock on September 30, 2026; the reported price was $0.00 per share. His reported direct holdings following the award were 34,212 shares. A separate entry lists 298 shares held indirectly by Volk Advisory Corp.
Bridgewater Bancshares Inc director Mary Jayne Crocker acquired 484 shares of Common Stock in a grant or award on September 30, 2026. The reported price was $0.0000 per share, and her reported direct holdings following the award were 224,868 shares.
Bridgewater Bancshares Inc (BWB) director Todd B. Urness received a 969-share common-stock award on September 30, 2026, at a reported price of $0.0000 per share. His directly held position following the award was 311,187 shares. A separate holding entry reports 866,722 shares held by the Todd B. Urness Revocable Trust; Urness is its trustee and has sole voting and investment power.
Thomas P. Trutna, a director of Bridgewater Bancshares Inc (BWB), received a grant of 484 common shares on September 30, 2026. His directly held common-stock position following the award was 84,170 shares. This is reported as a compensation-related award rather than a market purchase.