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 director Mary Jayne Crocker exercised stock options for 39,989 shares of common stock at $7.47 per share. On the same dates, 14,575 shares were withheld at $20.48 per share to cover exercise costs or taxes and 11 shares were sold at $21.215. She continues to hold unexercised options for 20,250 shares at $12.92 and 20,000 shares at $17.50.
Bridgewater Bancshares Inc officer Jessica Anne Stejskal, Chief Experience Officer, exercised employee stock options into 1,600 shares of common stock at $7.47 per share on 2026-07-30. After this exercise, she directly owns 16,607 common shares. She also holds options covering 10,000 shares at $10.65 (expiring 2033-08-01) and 25,000 shares at $13.78 (expiring 2035-02-03), granted under company equity incentive plans.
Mary Jayne Crocker filed a Form 144 related to planned sales of BWB common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with a transaction described as a stock option exercise on 07/30/2026. The filing also reports a prior sale of 6,525 common shares on 05/21/2026 for $120,713.81.
A holder of BWB common stock, acting through Robert W. Baird & Co., filed notice to sell up to 200,000 shares of common stock, with an aggregate market value of $4,200,000. The issuer has 27,883,823 common shares outstanding, listed on NASDAQ.
Recent sales over the prior three months include multiple transactions, such as 20,000 shares sold on 05/21/2026 for $371,083.70 and 9,252 shares on 05/06/2026 for $170,710.24.
Bridgewater Bancshares, Inc. reported higher profitability for the quarter ended June 30, 2026. Net income was 14,007 (dollars in thousands) versus 11,520 (dollars in thousands) a year earlier, and for the first six months it reached 31,413 (dollars in thousands) versus 21,153 (dollars in thousands). Net income available to common shareholders was 12,993 (dollars in thousands) for the quarter and 29,386 (dollars in thousands) year-to-date, with basic earnings per share of $0.47 for the quarter and $1.06 for the first half of 2026. Net interest income rose to 38,566 (dollars in thousands) for the quarter and 75,213 (dollars in thousands) year-to-date, while the provision for credit losses for the first six months was 1,750 (dollars in thousands). Total assets were 5,389,726 (dollars in thousands), with loans, net of allowance, of 4,360,502 (dollars in thousands) and deposits of 4,346,204 (dollars in thousands).
Asset quality metrics show nonaccrual balances within multifamily and commercial real estate segments, supported by an allowance for credit losses of 57,418 (dollars in thousands). In recent developments, the company opened a new branch in Lake Elmo, Minnesota and entered an equity distribution agreement with Piper Sandler & Co. to offer, from time to time, up to $50.0 million of common stock through “at-the-market” offerings and other permitted methods, with a 2.5% sales commission and potential uses of net proceeds for general corporate purposes, including subsidiary investments, working capital, capital expenditures, stock repurchases, debt repayment, or acquisitions.
Bridgewater Bancshares Inc CEO Jerry J. Baack reported two open-market sales of common stock totaling 27,234 shares. On July 27, 2026, he sold 15,900 shares at a weighted average price of $20.8041, with trade prices from $20.80 to $20.85. On July 29, 2026, he sold 11,334 shares at a weighted average of $20.9087, with prices from $20.81 to $21.015. The report also shows 1,000 shares of common stock held indirectly by a dependent child.
Bridgewater Bancshares (BWB) insider Jerry J. Baack has filed a notice of proposed sale of common stock. The filing lists 11,334 shares of common stock with an aggregate market value of $233,934.00, to be sold on or about July 29, 2026 through broker Cindy Burg in Lake Oswego, Oregon. The company reports 27,880,830 common shares outstanding. The filing also notes a sale during the past three months of 15,900 common shares for $330,785.19 on July 27, 2026, and references earlier equity compensation events, including RSA vesting of 4,800 shares and RSU vesting of 6,534 shares in December 2021.
BWB insider Cindy Burg filed to sell common stock under a planned transaction. The filing covers 15,900 shares of common stock with an aggregate market value of $330,402.00, to be sold on or after July 27, 2026 on the NASDAQ.
The filing also lists the origin of these shares from prior equity awards, including restricted stock unit and restricted stock awards that vested in December 2022.
Bridgewater Bancshares, Inc. reported second quarter 2026 net income of $14.0 million, compared with $17.4 million in the first quarter of 2026 and $11.5 million a year earlier. Diluted EPS was $0.45, versus $0.58 in the prior quarter and $0.38 in second quarter 2025. Net interest income rose to $38.6 million, driven by a higher net interest margin of 3.07%, up from 2.99% in the first quarter and 2.62% a year ago. Return on average assets was 1.06%, while return on average tangible common equity was 11.15%. Noninterest income was $2.3 million, down sharply from $9.6 million in the prior quarter, which included a significant gain on securities sales.
Total assets were $5.39 billion at June 30, 2026. Gross loans reached $4.43 billion and deposits $4.35 billion, both up from March 31, 2026 and year-ago levels. Asset quality metrics remained conservative, with nonperforming assets at 0.40% of total assets, net loan charge-offs at 0.04% of average loans, and the allowance for credit losses at 1.30% of total loans. Capital stayed solid with a Common Equity Tier 1 ratio of 9.61% and tangible common equity to tangible assets of 8.62%; tangible book value per share was $16.61. The company repurchased 38,659 shares for $700,000 and declared a quarterly cash dividend of $36.72 per preferred share (or $0.3672 per depositary share) on its Series A preferred stock, payable September 1, 2026 to shareholders of record on August 14, 2026.
Juran David B. reported acquisition or exercise transactions in this Form 4 filing.
Bridgewater Bancshares Inc director David B. Juran reported a compensation-related stock grant. On June 30, 2026, he received 959 shares of common stock at $0.00 per share as a grant or award, bringing his direct holdings to 1,349,926 shares. He also reports indirect ownership of additional common stock through several trusts where he serves as trustee, co-trustee, or attorney-in-fact.