Bridgewater Bancshares, Inc. is a financial holding company headquartered in St. Louis Park, Minnesota. The Company has two wholly owned subsidiaries, Bridgewater Bank, a Minnesota-chartered commercial bank founded in November 2005, and Bridgewater Risk Management, Inc., a captive insurance company founded in December 2016. Bridgewater Bank has seven locations serving clients across the Minneapolis-St. Paul metropolitan statistical area in Minnesota and offers a full array of simple, quality loan and deposit products, primarily for commercial clients. As of June 30, 2020, theCompany had total assets of approximately $2.75 billion, total loans of approximately $2.19 billion, total deposits of approximately $2.24 billion and total shareholders' equity of approximately $257.2 million.

Company profile
Ticker
BWB, BWBBP
Exchange
Website
CEO
Jerry Baack
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
BWB stock data
Latest filings (excl ownership)
8-K
Bridgewater Bancshares, Inc. Announces Fourth Quarter 2022 Net Income of $13.7 Million, $0.45 Diluted Earnings Per Common Share
25 Jan 23
8-K
Changes in Registrant's Certifying Accountant
22 Dec 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Regulation FD Disclosure
1 Nov 22
8-K
Bridgewater Bancshares, Inc. Announces Record Third Quarter 2022 Net Income of $14.5 Million, $0.47 Diluted Earnings Per Common Share
27 Oct 22
8-K
Entry into a Material Definitive Agreement
1 Sep 22
8-K
Bridgewater Bancshares, Inc. Announces New Stock Repurchase Program
18 Aug 22
8-K
Regulation FD Disclosure
8 Aug 22
10-Q
2022 Q2
Quarterly report
4 Aug 22
8-K
Bridgewater Bancshares, Inc. Announces Second Quarter 2022 Net Income of $12.9 Million, $0.41 Diluted Earnings Per Common Share
28 Jul 22
Transcripts
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 75.50 mm | 75.50 mm | 75.50 mm | 75.50 mm | 75.50 mm | 75.50 mm |
Cash burn (monthly) | (no burn) | 9.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 37.06 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 38.44 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 4.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
46.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 88 |
Opened positions | 11 |
Closed positions | 12 |
Increased positions | 28 |
Reduced positions | 27 |
13F shares | Current |
---|---|
Total value | 3.83 bn |
Total shares | 12.87 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Thrivent Financial For Lutherans | 2.10 mm | $34.51 mm |
BLK Blackrock | 1.47 mm | $24.18 mm |
FMR | 1.20 mm | $19.83 mm |
Vanguard | 971.80 k | $16.01 mm |
Next Century Growth Investors | 695.90 k | $11.46 mm |
Punch & Associates Investment Management | 644.27 k | $10.61 mm |
Dimensional Fund Advisors | 528.78 k | $8.71 mm |
Renaissance Technologies | 439.45 k | $7.24 mm |
Tradition Wealth Management | 407.56 k | $6.71 mm |
Geode Capital Management | 367.54 k | $6.05 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Jan 23 | Baack Jerry J. | Common Stock | Sell | Dispose S | No | Yes | 17.0964 | 4,166 | 71.22 k | 1,199,646 |
30 Dec 22 | Johnson James S. | Common Stock | Grant | Acquire A | No | No | 0 | 578 | 0.00 | 59,194 |
30 Dec 22 | Parish Douglas J. | Common Stock | Grant | Acquire A | No | No | 0 | 578 | 0.00 | 1,171 |
30 Dec 22 | Juran David B. | Common Stock | Grant | Acquire A | No | No | 0 | 578 | 0.00 | 1,288,976 |
30 Dec 22 | Todd B. Urness | Common Stock | Grant | Acquire A | No | No | 0 | 578 | 0.00 | 1,115,990 |