Bridgewater Bancshares IncBWB
What Bridgewater Bancshares Inc does.
Bridgewater Bancshares, Inc. (the “Company”) is a Minnesota corporation and financial holding company with one wholly-owned subsidiary: Bridgewater Bank (the “Bank”). The Bank has two wholly-owned subsidiaries: BWB Holdings, LLC, which was formed for the purpose of holding repossessed property; and Bridgewater Investment Management, Inc., which was formed for the purposes of holding certain municipal securities and engaging in municipal lending activities. The Bank has nine full-service offices located in Bloomington, Greenwood, Minneapolis (2), Minnetonka, Orono, Lake Elmo, St. Louis Park, and St. Paul, Minnesota. The Lake Elmo branch opened in February 2026.
The Company is headquartered in St. Louis Park, Minnesota, a suburb located approximately 5 miles southwest of downtown Minneapolis. The Company and Bank were established in 2005 as a de novo bank by a group of industry veterans and local business leaders dedicated to providing responsive support and simple solutions to businesses, entrepreneurs, and successful individuals.
Since inception, the Company has grown significantly and profitably, with a focus on organic growth, driven primarily by commercial real estate (“CRE”) lending. Assets have grown at a compounded annual growth rate of 28.6% since 2005, surpassing total asset milestones of $1.0 billion in 2016, $3.0 billion in 2021, and $5.0 billion in 2024. While
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $93.8M | $114.8M | $136.0M | $111.7M | $7.8M | $143.4M |
| Net income | $27.2M | $45.7M | $53.4M | $40.0M | $373,000 | $46.1M |
| Free cash flow | -$1.7M | $53.5M | $83.4M | $27.0M | $42.3M | $22.0M |
More on BWB.
- Bridgewater Bancshares Inc summary
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- Bridgewater Bancshares Inc earnings
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Figures from Bridgewater Bancshares Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.