Bridgewater Bancshares, Inc. filings document the regulatory record for a Minnesota financial holding company, Bridgewater Bank and the issuer's preferred depositary shares. Form 8-K reports cover operating results, financial condition, earnings presentations, Regulation FD investor materials, dividend-related events and material agreements.
The filing record also addresses capital structure matters, including common stock, depositary shares and at-the-market equity distribution arrangements. Definitive proxy statements disclose board matters, executive compensation, shareholder voting items and governance practices for the bank holding company.
Bridgewater Bancshares director Mary Jayne Crocker reported an open-market purchase of depositary shares through a spouse’s IRA. The account bought 205 depositary shares on May 11, 2026 at $20.00 each, bringing total indirect holdings to 5,700 depositary shares.
Each depositary share represents a 1/100th interest in Bridgewater’s 5.875% Non-Cumulative Perpetual Preferred Stock, Series A.
Bridgewater Bancshares director Mary Jayne Crocker reported an open-market purchase of depositary shares through a spouse’s IRA. The account bought 205 depositary shares on May 11, 2026 at $20.00 each, bringing total indirect holdings to 5,700 depositary shares.
Each depositary share represents a 1/100th interest in Bridgewater’s 5.875% Non-Cumulative Perpetual Preferred Stock, Series A.
Bridgewater Bancshares Inc Chief Operating Officer Lisa M. Salazar reported an open-market sale of Common Stock. She sold 4,162 shares on May 8, 2026 at a weighted average price of $18.5513 per share. After this transaction, she directly holds 36,077 shares.
The shares were sold in multiple trades within a narrow price range from $18.5200 to $18.5704, and the weighted average price reflects those individual executions.
Bridgewater Bancshares Inc Chief Operating Officer Lisa M. Salazar reported an open-market sale of Common Stock. She sold 4,162 shares on May 8, 2026 at a weighted average price of $18.5513 per share. After this transaction, she directly holds 36,077 shares.
The shares were sold in multiple trades within a narrow price range from $18.5200 to $18.5704, and the weighted average price reflects those individual executions.
Bridgewater Bancshares Inc director Jeffrey D. Shellberg reported open-market sales of company common stock held in family trusts. Trusts for which he serves as trustee sold 9,252 shares on May 6, 2026 at a weighted average price of $18.4512 and 8,174 shares on May 7, 2026 at a weighted average price of $18.4503, totaling 17,426 shares. After these transactions, one trust reported holding 45,000 shares, while separate entries show Shellberg with 266,187 shares held directly and additional indirect holdings of 87,000 and 355,000 shares in other trusts where he has voting and investment power.
Bridgewater Bancshares Inc director Jeffrey D. Shellberg reported open-market sales of company common stock held in family trusts. Trusts for which he serves as trustee sold 9,252 shares on May 6, 2026 at a weighted average price of $18.4512 and 8,174 shares on May 7, 2026 at a weighted average price of $18.4503, totaling 17,426 shares. After these transactions, one trust reported holding 45,000 shares, while separate entries show Shellberg with 266,187 shares held directly and additional indirect holdings of 87,000 and 355,000 shares in other trusts where he has voting and investment power.
Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 declaring proposed sales of restricted common stock tied to several grant dates. The filing lists proposed amounts of 694, 1,020, 1,482, and 966 shares associated with grant dates from 12/06/2022 through 02/03/2026.
Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 declaring proposed sales of restricted common stock tied to several grant dates. The filing lists proposed amounts of 694, 1,020, 1,482, and 966 shares associated with grant dates from 12/06/2022 through 02/03/2026.
Bridgewater Bancshares Inc director Jeffrey D. Shellberg reported an indirect open-market sale of 62 shares of Common Stock at $18.50 per share on May 1, 2026, by a trust for which he serves as trustee. Following this sale, that trust held 62,426 shares. Separate entries show Shellberg with 266,187 shares held directly, and additional indirect positions of 87,000 and 355,000 shares held by other trusts where he also has voting and investment power.
Bridgewater Bancshares Inc director Jeffrey D. Shellberg reported an indirect open-market sale of 62 shares of Common Stock at $18.50 per share on May 1, 2026, by a trust for which he serves as trustee. Following this sale, that trust held 62,426 shares. Separate entries show Shellberg with 266,187 shares held directly, and additional indirect positions of 87,000 and 355,000 shares held by other trusts where he also has voting and investment power.
Bridgewater Bancshares, Inc. filed a current report to furnish an updated investor presentation under a Regulation FD disclosure. Company executives may use this presentation in meetings with investors and analysts.
The investor presentation, dated May 4, 2026, is attached as Exhibit 99.1 and is incorporated by reference, but is expressly treated as furnished rather than filed for securities law purposes.
Bridgewater Bancshares, Inc. filed a current report to furnish an updated investor presentation under a Regulation FD disclosure. Company executives may use this presentation in meetings with investors and analysts.
The investor presentation, dated May 4, 2026, is attached as Exhibit 99.1 and is incorporated by reference, but is expressly treated as furnished rather than filed for securities law purposes.
Bridgewater Bancshares Inc director Jeffrey D. Shellberg reported an open-market sale of 2,512 shares of Common Stock at a weighted average price of $18.5029 per share on April 29, 2026. The sale was made indirectly through a trust for which he serves as trustee and holds voting and investment power.
Following the transaction, the trust held 62,488 shares, and Shellberg also reported 266,187 shares held directly and additional indirect holdings of 87,000 and 355,000 shares through other trusts.
Bridgewater Bancshares Inc director Jeffrey D. Shellberg reported an open-market sale of 2,512 shares of Common Stock at a weighted average price of $18.5029 per share on April 29, 2026. The sale was made indirectly through a trust for which he serves as trustee and holds voting and investment power.
Following the transaction, the trust held 62,488 shares, and Shellberg also reported 266,187 shares held directly and additional indirect holdings of 87,000 and 355,000 shares through other trusts.
Bridgewater Bancshares, Inc. reported much stronger results for the three months ended March 31, 2026. Net income rose to $17,406 (dollars in thousands), up from $9,633 a year earlier, and net income available to common shareholders increased to $16,393.
Basic earnings per common share grew to $0.59 from $0.31, supported by higher net interest income of $36,647 versus $30,208 and a sharp increase in noninterest income, driven by a $7,251 net gain on sales of available for sale securities. Loans, net, increased to $4,302,132, while total assets declined slightly to $5,335,396.
The company’s asset quality remained sound, with an allowance for credit losses of $57,277 and low past due and nonaccrual balances relative to total loans. In February 2026, Bridgewater also opened a new Lake Elmo, Minnesota branch and put in place an equity distribution agreement allowing it to sell up to $50.0 million of common stock from time to time for general corporate purposes.
Bridgewater Bancshares, Inc. reported much stronger results for the three months ended March 31, 2026. Net income rose to $17,406 (dollars in thousands), up from $9,633 a year earlier, and net income available to common shareholders increased to $16,393.
Basic earnings per common share grew to $0.59 from $0.31, supported by higher net interest income of $36,647 versus $30,208 and a sharp increase in noninterest income, driven by a $7,251 net gain on sales of available for sale securities. Loans, net, increased to $4,302,132, while total assets declined slightly to $5,335,396.
The company’s asset quality remained sound, with an allowance for credit losses of $57,277 and low past due and nonaccrual balances relative to total loans. In February 2026, Bridgewater also opened a new Lake Elmo, Minnesota branch and put in place an equity distribution agreement allowing it to sell up to $50.0 million of common stock from time to time for general corporate purposes.
BWB filed a Form 144 notice to sell 20,000 shares. The notice lists prior sales of 9,838 shares on 02/06/2026 for $185,840.80. Shares outstanding were 27,832,867 as of 04/29/2026, and the planned sale is reported as a Company Issuance for cash.
BWB filed a Form 144 notice to sell 20,000 shares. The notice lists prior sales of 9,838 shares on 02/06/2026 for $185,840.80. Shares outstanding were 27,832,867 as of 04/29/2026, and the planned sale is reported as a Company Issuance for cash.
Bridgewater Bancshares, Inc. reported strong first quarter 2026 results, with net income of $17.4 million, up from $13.3 million in the prior quarter and $9.6 million a year earlier. Diluted EPS rose to $0.58 from $0.43 and $0.31 in those periods.
Net interest margin improved to 2.99% from 2.75% in Q4 2025 and 2.51% in Q1 2025, helped by lower funding costs and a gain on securities sales. Net interest income increased to $36.6 million, while noninterest income rose sharply to $9.6 million, driven largely by a $7.3 million gain on securities.
Total gross loans reached $4.37 billion, growing 5.5% annualized from year-end 2025 and 8.7% year over year. Total deposits were $4.31 billion, slightly below Q4 2025 but up 3.4% from Q1 2025. Asset quality remained solid, with nonperforming assets at 0.22% of total assets and annualized net charge-offs at 0.05% of average loans.
Shareholders’ equity increased to $528.4 million, and tangible book value per share rose to $15.93. The company launched an at-the-market equity program for up to $50 million of common stock and declared a quarterly dividend on its 5.875% Series A preferred stock of $36.72 per share, or $0.3672 per depositary share, payable June 1, 2026 to holders of record on May 15, 2026.
Bridgewater Bancshares, Inc. reported strong first quarter 2026 results, with net income of $17.4 million, up from $13.3 million in the prior quarter and $9.6 million a year earlier. Diluted EPS rose to $0.58 from $0.43 and $0.31 in those periods.
Net interest margin improved to 2.99% from 2.75% in Q4 2025 and 2.51% in Q1 2025, helped by lower funding costs and a gain on securities sales. Net interest income increased to $36.6 million, while noninterest income rose sharply to $9.6 million, driven largely by a $7.3 million gain on securities.
Total gross loans reached $4.37 billion, growing 5.5% annualized from year-end 2025 and 8.7% year over year. Total deposits were $4.31 billion, slightly below Q4 2025 but up 3.4% from Q1 2025. Asset quality remained solid, with nonperforming assets at 0.22% of total assets and annualized net charge-offs at 0.05% of average loans.
Shareholders’ equity increased to $528.4 million, and tangible book value per share rose to $15.93. The company launched an at-the-market equity program for up to $50 million of common stock and declared a quarterly dividend on its 5.875% Series A preferred stock of $36.72 per share, or $0.3672 per depositary share, payable June 1, 2026 to holders of record on May 15, 2026.