-+ 0.00%
-+ 0.00%
-+ 0.00%

Bridgewater Bancshares Q1 FY26 net income jumps 80.7% to $17.4 million; NIM widens to 2.99%

PUBT·04/30/2026 11:22:13
Listen to the news
Bridgewater Bancshares Q1 FY26 net income jumps 80.7% to $17.4 million; NIM widens to 2.99%
  • Bridgewater Bancshares posted net income of USD 17.4 million for first-quarter 2026, up 80.7%.
  • Revenue rose to USD 46.2 million from USD 32.3 million, helped by a USD 7.25 million gain on securities sales.
  • Net interest margin widened 48 basis points to 2.99% on lower deposit rates and higher-yielding loan growth.
  • Noninterest income climbed to USD 9.56 million from USD 2.08 million, while noninterest expense increased to USD 22.17 million from USD 18.14 million.
  • Business updates included a new Lake Elmo, Minnesota branch opened in February 2026 and a USD 50 million at-the-market common stock program established, with no shares sold in the quarter.


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: 0001104659-26-052124), on April 30, 2026, and is solely responsible for the information contained therein.