Bridgewater Bancshares Reports $15.0 Million Third-Quarter Net Income

Bridgewater Bancshares (BWB) reported third-quarter 2026 net income of $15.0 million, or $0.49 per diluted common share, compared with $14.0 million, or $0.45 per diluted common share, in the second quarter.

Net interest income was $40.7 million, up $2.1 million from the prior quarter, while total gross loans increased $80.4 million and total deposits rose $126.8 million.

• Net income totaled $15.028 million, with basic earnings per share of $0.50 and diluted earnings per share of $0.49.
• Net interest margin was 3.09%, up two basis points from 3.07% in the second quarter.
• Gross loans were $4.51 billion at September 30, 2026, and deposits were $4.47 billion.
• Nonperforming assets were 0.37% of total assets, compared with 0.40% at June 30, 2026.
• The board declared a $0.3672 quarterly dividend per depositary share on Series A preferred stock (BWBBP), payable December 1, 2026.