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Bridgewater Bancshares, Inc. 10-Q Filings

BWBBP NASDAQ

Every 10-Q that Bridgewater Bancshares, Inc. (BWBBP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow BWBBP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BWBBP filings page.

Rhea-AI Summary

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.

Rhea-AI Summary

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.