Bridgewater Bancshares Inc (BWB)
Operating cash flow minus capital spending left $22M of free cash flow in fiscal 2025. At September 30, 2026 it held $262.6M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 29, 2026.
Key facts about Bridgewater Bancshares Inc
- Net worth
- Bridgewater Bancshares Inc has a market value (market cap) of $575.5M at the latest share price, and shareholders' equity of $541.4M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Cash flow
- In fiscal 2025 operations brought in $27.8M of cash; after $5.8M of capital spending, free cash flow was $22M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 29, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Bridgewater Bancshares Inc's next report is expected around January 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Bridgewater Bancshares Inc does
Bridgewater Bancshares Inc is registered with the SEC under industry code SIC 6022 (State Commercial Banks). Its shares trade on NASDAQ under the ticker BWB.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | $46.1M | $1.49 | $22M |
| 2024 | n/a | $32.8M | $1.03 | $42.3M |
| 2023 | n/a | $40M | $1.27 | $27M |
| 2022 | n/a | $53.4M | $1.72 | $83.4M |
| 2021 | n/a | $45.7M | $1.54 | $53.5M |
| 2020 | n/a | $27.2M | $0.93 | -$1.7M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Latest SEC filings
What Bridgewater Bancshares Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Passive stake changed SCHEDULE 13G/A
- November 3, 2026
- October 29, 2026
- October 20, 2026
- August 26, 2026Other event 8-K
- August 12, 2026
- July 30, 2026
- July 21, 2026
- May 4, 2026
- May 1, 2026
Insider trades
What the people running Bridgewater Bancshares Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $3.4M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 5, 2026 | Urness Todd B.Director | Soldindirect | 20,000 | $404.2K |
| November 4, 2026 | Urness Todd B.Director | Gave as a gift | 4,187 | - |
| November 3, 2026 | Chybowski Joseph M.PRESIDENT & CFO | Sold | 9,651 | $197.2K |
| November 3, 2026 | Baack Jerry J.CEO, Director | Sold | 20,000 | $407K |
| November 2, 2026 | Baack Jerry J.CEO, Director | Sold | 20,000 | $405K |
| October 29, 2026 | Urness Todd B.Director | Soldindirect | 10,000 | $203.4K |
| October 23, 2026 | Baack Jerry J.CEO, Director | Exercised options | 17,834 | $133.2K |
| October 22, 2026 | Baack Jerry J.CEO, Director | Exercised options | 36,166 | $270.2K |
Who owns BWB
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Thrivent Financial For Lutherans13G, passive | 8.7% | August 15, 2025 |
| David Juran13G, passive | 5.7% | February 11, 2026 |
| Jerry Baack13G, passive | 5.1% | February 11, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 150 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 1,765,449 | +180,053 |
| Alliancebernstein L.P. | 1,341,747 | +27,467 |
| Dimensional Fund Advisors LP | 1,099,544 | +41,073 |
| Vanguard Capital Management LLC | 941,478 | +21,960 |
| American Century Companies Inc | 708,418 | +90,491 |
| Geode Capital Management, LLC | 557,374 | +61,306 |
| State Street Corp | 468,511 | +14,037 |
| Punch & Associates Investment Management, Inc. | 434,660 | 0 |
| Renaissance Technologies LLC | 385,947 | +71,600 |
| Tradition Wealth Management, LLC | 349,549 | -2,316 |
| Arrowstreet Capital, Limited Partnership | 348,022 | 0 |
| Next Century Growth Investors LLC | 318,380 | -15,174 |
| Two Sigma Investments, LP | 308,505 | +134,795 |
| Kennedy Capital Management LLC | 282,649 | -4,293 |
| Ancora Advisors LLC | 238,580 | +2,340 |
| Hillsdale Investment Management Inc. | 234,060 | +22,100 |
| Russell Investments Group, Ltd. | 232,011 | +25,866 |
| Hotchkis & Wiley Capital Management LLC | 230,264 | +1,570 |
| Hodges Capital Management Inc. | 193,390 | -40,500 |
| Northern Trust Corp | 186,223 | +15,559 |
Insiders
17 insiders reported holding 4,695,504 shares in total, about $96.9M at the last price.
| Holder | Shares |
|---|---|
| Juran David B.Director | 1,430,11579,220 held indirectly |
| Urness Todd B.Director | 1,147,909840,909 held indirectly |
| Baack Jerry J.CEO, Director | 1,137,769 |
| Crocker Mary JayneDirector | 230,5685,700 held indirectly |
| Place Nicholas L.CHIEF BANKING OFFICER | 152,122 |
| Chybowski Joseph M.PRESIDENT & CFO | 108,850 |
| Johnson James S.Director | 98,422 |
| Shellberg Jeffrey D.Director | 96,33125,000 held indirectly |
| Trutna Thomas P.Director | 84,170 |
| Brezonik LisaDirector | 38,147 |
Questions about BWB
What does Bridgewater Bancshares Inc do?
Bridgewater Bancshares Inc is a company in the Finance sector, listed on NASDAQ as BWB. Its shares trade on NASDAQ under the ticker BWB.
What is Bridgewater Bancshares Inc's net worth?
Bridgewater Bancshares Inc has a market value (market cap) of $575.5M at the latest share price, and shareholders' equity of $541.4M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Bridgewater Bancshares Inc profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $59.8M.
When did Bridgewater Bancshares Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 29, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the passive stake changed from November 9, 2026.
When is Bridgewater Bancshares Inc's next earnings report?
Bridgewater Bancshares Inc's next report is expected around January 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Bridgewater Bancshares Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.