Bridgewater Bancshares Inc. has recently released its 10-Q report, providing a detailed insight into the company's financial condition and operations for the three and six months ended June 30, 2025. Bridgewater Bancshares Inc. is a bank holding company for Bridgewater Bank, offering a range of banking products and services, including commercial loans, deposit products, and online banking services. The company was incorporated in 2005 and is headquartered in Saint Louis Park, Minnesota.
In the 10-Q report, the management's discussion and analysis of financial condition and results of operations highlighted the company's financial performance and the factors that may impact its future results. The report also included forward-looking statements, cautioning that the actual results and financial condition may differ from those indicated in the forward-looking statements due to various factors.
The report further discussed the company's critical accounting policies and estimates, emphasizing that the consolidated financial statements are prepared based on the application of certain accounting policies. It also noted recent developments, including the acquisition of FMCB and the issuance of subordinated notes, along with the impact of the "One Big Beautiful Bill Act" on federal tax law.
The operating results overview provided a snapshot of key financial results for the three months ended June 30, 2025, including net interest income, provision for credit losses, noninterest income, noninterest expense, net income, and various performance ratios. The balance sheet section outlined total assets, total loans, deposits, and capital ratios, offering a comprehensive view of the company's financial position.
As a result of these announcements, the company's shares have moved -1.71% on the market, and are now trading at a price of $15.785. Check out the company's full 10-Q submission here.
