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Bridgewater Bancshares ( (BWB) ) has provided an announcement.
Bridgewater Bancshares reported strong first-quarter 2026 results on April 21, 2026, with net income rising to $17.4 million, or $0.58 per diluted share, up from both the prior quarter and a year earlier, while adjusted EPS was $0.41. The bank expanded its net interest margin to 2.99%, improved funding costs, grew loans and core deposits, strengthened capital ratios and asset quality, and declared a June 1, 2026 cash dividend on its 5.875% Series A preferred stock, while also launching a $50 million at-the-market common stock offering to support future growth and balance-sheet efficiency.
Management highlighted that selling $208.5 million of securities for a $7.3 million gain and prepaying $97.5 million of FHLB advances enhanced balance-sheet efficiency and positioned the bank for better forward profitability. These moves, combined with rising tangible book value per share and a higher Common Equity Tier 1 ratio, underscore Bridgewater’s effort to solidify its capital base, gain market share, and deliver sustained value to shareholders amid a competitive banking environment.
The most recent analyst rating on (BWB) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Bridgewater Bancshares stock, see the BWB Stock Forecast page.
Spark’s Take on BWB Stock
According to Spark, TipRanks’ AI Analyst, BWB is a Neutral.
The score is anchored by solid operating performance and a positive outlook on net interest margin expansion and growth, supported by a reasonable P/E. Offsetting this are weaker 2025 cash-flow quality/consistency, mixed near-term technical momentum, and some dilution overhang from the new ATM program.
To see Spark’s full report on BWB stock, click here.
More about Bridgewater Bancshares
Bridgewater Bancshares, Inc., based in St. Louis Park, Minn., is the parent of Bridgewater Bank and operates as a community-focused commercial bank. The company, listed on Nasdaq under ticker BWB, concentrates on relationship-based lending and deposit services, targeting growing small and midsize businesses and entrepreneurial clients in its regional markets.
Average Trading Volume: 74,675
Technical Sentiment Signal: Buy
Current Market Cap: $523.4M
For detailed information about BWB stock, go to TipRanks’ Stock Analysis page.