Bridgewater Bancshares Inc: management transactions · United States · SEC (Form 4)

About Bridgewater Bancshares Inc

Bridgewater Bancshares Inc. (Nasdaq: BWB) is a U.S.-based financial holding company headquartered in St. Louis Park, Minnesota, in the Minneapolis–Saint Paul area. Its main banking subsidiary, Bridgewater Bank, was founded in 2005 by a group of banking veterans and local business leaders with a clear mission: to deliver responsive service and simple solutions to businesses, entrepreneurs, and successful individuals. For international investors, Bridgewater should be viewed as a regional U.S. listed bank rather than a national money-center institution, which means its earnings profile is more focused and more dependent on local economic and real estate conditions. The company operates with a branch-light model and a relationship-driven commercial banking franchise. Its core business lines are centered on commercial real estate lending, with particular emphasis on multifamily properties, affordable housing, construction lending, acquisition financing, and commercial loans to businesses. Bridgewater also offers treasury and cash-management services, SBA lending, business lines of credit, investor real estate loans, and select personal banking solutions. In addition, the company generates noninterest income from items such as letter of credit fees and swap fees. This mix reflects a bank that is designed to serve entrepreneurial clients with tailored lending and deposit solutions rather than a broad retail footprint. Bridgewater Bancshares has built its identity around efficient operations, strong organic growth, and disciplined underwriting. Management has repeatedly highlighted the bank’s efficiency-focused culture, its commercial real estate expertise, and its long-term record of profitability. The franchise is concentrated in the Twin Cities market, where Bridgewater is one of the larger locally led banks, giving it deep market knowledge and client relationships. At the same time, that concentration also means the company’s risk and growth opportunities are closely tied to the Minnesota economy and the regional property cycle. Recent developments underscore the company’s growth-and-capital-management posture. In February 2026, Bridgewater opened a new branch in Lake Elmo, Minnesota, expanding its presence on the eastern side of the Twin Cities metro area. Also in February 2026, the company entered into an equity distribution agreement that allows it to sell up to $50 million of common stock over time, providing balance-sheet flexibility for general corporate purposes, subsidiary investments, working capital, debt repayment, share repurchases, or potential acquisitions. More recently, Bridgewater has continued to emphasize the successful integration of a prior bank acquisition and the expansion of its franchise, while maintaining its focus on commercial lending, deposit gathering, and profitability. The company trades on the Nasdaq stock market in the United States.