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AI brief of an SEC Form 8-K · Bridgewater Bancshares Inc (BWB)

Bridgewater Bancshares Q3 net income rises to $15.0 million, $0.49 per diluted share

Positive Impact 3 of 5 earnings Written later

Bridgewater Bancshares reported third quarter 2026 net income of $15.0 million, or $0.49 per diluted share, up from $14.0 million and $0.45 in the second quarter of 2026 and from $11.6 million and $0.38 in the third quarter of 2025. Tangible book value per share fell to $16.33 from $16.61 in the second quarter, and net loan charge-offs rose to 0.21% of average loans from 0.04%.

Key points

  • Net income of $15.0 million, or $0.49 per diluted share, for the quarter ended September 30, 2026, versus $14.0 million and $0.45 in the second quarter of 2026.
  • Net interest margin of 3.09%, up from 3.07% in the second quarter; efficiency ratio of 48.8%, down from 53.0%.
  • Tangible book value per share of $16.33 at September 30, 2026, down from $16.61 at June 30, 2026.
  • Quarterly dividend of $0.3672 per depositary share on Series A Preferred Stock (Nasdaq: BWBBP), payable December 1, 2026, to holders of record on November 13, 2026.

The filing

CompanyBridgewater Bancshares Inc (BWB)
Form8-K, current report
Filed with the SECOct 20, 2026, 4:17 PM ET
Accession number0001104659-26-117421

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 20, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.