Bridgewater Bancshares reported FY 2025 net income of USD 46.1 million (+40.4%), with diluted EPS of USD 1.49 (+44.9%) and adjusted diluted EPS of USD 1.52. Net interest income was USD 132.4 million, and net interest margin was 2.63% (core net interest margin 2.50%). Provision for credit losses was USD 6.1 million. Noninterest income rose to USD 10.9 million (+48.1%), while noninterest expense increased to USD 77.3 million (+22.1%); the efficiency ratio was 53.5% (adjusted efficiency ratio 52.2%). At December 31, 2025, total assets were USD 5.41 billion, total loans (gross) were USD 4.31 billion (+11.4%), and deposits were USD 4.32 billion. Nonaccrual loans were USD 22.0 million, with nonperforming loans-to-total loans at 0.51% and allowance for credit losses on loans and leases at 1.31% of total loans. Corporate updates included issuing USD 80.0 million of 7.625% fixed-to-floating subordinated notes due 2035 and using proceeds to redeem USD 50.0 million of 5.25% subordinated notes due 2030; the company also closed its Country Village branch on December 29, 2025 and opened a new Lake Elmo, Minnesota branch in February 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bridgewater Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-020063), on February 26, 2026, and is solely responsible for the information contained therein.
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