Financial Services - Banks - Regional - NASDAQ - US
$ 14.89
-0.534 %
$ 408 M
Market Cap
14.18
P/E
Bridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, small business entrepreneurs, and high net worth individuals in the United States. The company offers savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit. It also provides commercial loans to sole proprietorships, partnerships, corporations, and other business enterprises to finance accounts receivable or inventory, capital assets, or other business-related purposes; paycheck protection program loans; construction and land development loans; 1-4 family mortgage loans; multifamily lending products; owner and non-owner occupied commercial real estate loans; and consumer and other loans.[ Read More ]
The intrinsic value of one BWB stock under the base case scenario is HIDDEN Compared to the current market price of 14.9 USD, Bridgewater Bancshares, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart BWB
FINANCIALS
112 M
REVENUE
51.7 M
OPERATING INCOME
40 M
NET INCOME
30 M
OPERATING CASH FLOW
-209 M
INVESTING CASH FLOW
221 M
FINANCING CASH FLOW
960
REVENUE
12 M
OPERATING INCOME
8.68 M
NET INCOME
-5.99 M
OPERATING CASH FLOW
62.1 M
INVESTING CASH FLOW
1.69 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Bridgewater Bancshares, Inc.
| Current Assets | 129 M |
| Cash & Short-Term Investments | 129 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 4.98 B |
| Long-Term Investments | 604 M |
| PP&E | 50.8 M |
| Other Non-Current Assets | 4.33 B |
| Current Liabilities | 1.8 B |
| Accounts Payable | 5.28 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 1.79 B |
| Non-Current Liabilities | 4.19 B |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 4.19 B |
EFFICIENCY
Earnings Waterfall
Bridgewater Bancshares, Inc.
| Revenue | 112 M |
| Cost Of Revenue | 0 |
| Gross Profit | 112 M |
| Operating Expenses | 112 M |
| Operating Income | 51.7 M |
| Other Expenses | 11.8 M |
| Net Income | 40 M |
RATIOS
100.00%
GROSS MARGIN
46.25%
OPERATING MARGIN
35.73%
NET MARGIN
9.39%
ROE
0.87%
ROA
9.25%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Bridgewater Bancshares, Inc.
| Net Income | 40 M |
| Depreciation & Amortization | 3.14 M |
| Capital Expenditures | -2.97 M |
| Stock-Based Compensation | 3.95 M |
| Change in Working Capital | -18 M |
| Others | 4.18 M |
| Free Cash Flow | 27 M |
Wall Street Analysts Price Targets
Bridgewater Bancshares, Inc.
Wall Street analysts predict an average 1-year price target for BWB of $17 , with forecasts ranging from a low of $17 to a high of $17 .
BWB Lowest Price Target
Wall Street Target
17 USD
14.17%
BWB Average Price Target
Wall Street Target
17 USD
14.17%
BWB Highest Price Target
Wall Street Target
17 USD
14.17%
4. DIVIDEND ANALYSIS
0.26%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Bridgewater Bancshares, Inc.
Sold
0-3 MONTHS
940 K USD 5
3-6 MONTHS
24.5 K USD 1
6-9 MONTHS
263 K USD 1
9-12 MONTHS
394 K USD 1
Bought
6.9 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
3 days ago
Nov 14, 2024
|
Sell 86.5 K USD
|
Parish Douglas J.
Director |
- 5750
|
15.0486 USD |
|
1 week ago
Nov 07, 2024
|
Sell 30.3 K USD
|
Trutna Thomas P.
Director |
- 2000
|
15.1301 USD |
|
2 weeks ago
Oct 29, 2024
|
Sell 295 K USD
|
Shellberg Jeffrey D.
EVP AND CHIEF CREDIT OFFICER |
- 20000
|
14.7533 USD |
|
2 weeks ago
Oct 29, 2024
|
Sell 214 K USD
|
Juran David B.
Director |
- 14531
|
14.7615 USD |
|
2 weeks ago
Oct 30, 2024
|
Sell 50.6 K USD
|
Juran David B.
Director |
- 3409
|
14.8437 USD |
|
2 weeks ago
Oct 31, 2024
|
Sell 30.2 K USD
|
Juran David B.
Director |
- 2060
|
14.6587 USD |
|
2 weeks ago
Oct 29, 2024
|
Bought 6.9 K USD
|
Crocker Mary Jayne
EVP & CHIEF STRATEGY OFFICER |
+ 330
|
20.8999 USD |
|
2 months ago
Sep 04, 2024
|
Sell 163 K USD
|
Baack Jerry J.
CEO |
- 11500
|
14.1524 USD |
|
2 months ago
Sep 04, 2024
|
Sell 70.6 K USD
|
Trutna Thomas P.
Director |
- 5000
|
14.1115 USD |
|
5 months ago
May 29, 2024
|
Sell 24.5 K USD
|
Salazar Lisa M
CHIEF DEPOSIT OFFICER |
- 2176
|
11.24 USD |
|
8 months ago
Mar 06, 2024
|
Sell 146 K USD
|
Johnson James S.
Director |
- 12590
|
11.6219 USD |
|
8 months ago
Mar 06, 2024
|
Sell 117 K USD
|
Johnson James S.
Director |
- 10000
|
11.6558 USD |
|
9 months ago
Jan 30, 2024
|
Sell 206 K USD
|
Baack Jerry J.
PRESIDENT & CEO |
- 15687
|
13.1113 USD |
|
9 months ago
Jan 31, 2024
|
Sell 188 K USD
|
Baack Jerry J.
PRESIDENT & CEO |
- 14489
|
13.0049 USD |
|
1 year ago
Nov 02, 2023
|
Bought 24.7 K USD
|
Crocker Mary Jayne
EVP & CHIEF OPERATING OFFICER |
+ 2500
|
9.89 USD |
|
1 year ago
Nov 02, 2023
|
Bought 3.2 K USD
|
Crocker Mary Jayne
EVP & CHIEF OPERATING OFFICER |
+ 200
|
16 USD |
|
1 year ago
Sep 14, 2023
|
Bought 15.3 K USD
|
Chybowski Joseph M.
CHIEF FINANCIAL OFFICER |
+ 1500
|
10.1669 USD |
|
1 year ago
Aug 22, 2023
|
Bought 49.4 K USD
|
Brezonik Lisa
Director |
+ 4900
|
10.0798 USD |
|
1 year ago
May 23, 2023
|
Bought 8.62 K USD
|
Crocker Mary Jayne
EVP & CHIEF OPERATING OFFICER |
+ 575
|
15 USD |
|
1 year ago
May 23, 2023
|
Bought 30.5 K USD
|
Place Nicholas L.
CHIEF LENDING OFFICER |
+ 3300
|
9.2477 USD |
|
1 year ago
May 12, 2023
|
Bought 80.4 K USD
|
Chybowski Joseph M.
CHIEF FINANCIAL OFFICER |
+ 10000
|
8.0422 USD |
|
1 year ago
Feb 15, 2023
|
Sell 62.5 K USD
|
Baack Jerry J.
PRESIDENT & CEO |
- 4166
|
15.0022 USD |
|
1 year ago
Jan 18, 2023
|
Sell 71.2 K USD
|
Baack Jerry J.
director: PRESIDENT & CEO |
- 4166
|
17.0964 USD |
|
1 year ago
Dec 21, 2022
|
Sell 75.4 K USD
|
Baack Jerry J.
director: PRESIDENT & CEO |
- 4166
|
18.0994 USD |
|
2 years ago
Nov 16, 2022
|
Sell 79.1 K USD
|
Baack Jerry J.
director: PRESIDENT & CEO |
- 4166
|
18.9868 USD |
|
2 years ago
Oct 19, 2022
|
Sell 74 K USD
|
Baack Jerry J.
director: PRESIDENT & CEO |
- 4166
|
17.7665 USD |
|
2 years ago
Sep 21, 2022
|
Sell 73.5 K USD
|
Baack Jerry J.
PRESIDENT & CEO |
- 4166
|
17.6438 USD |
|
2 years ago
Aug 17, 2022
|
Sell 74.3 K USD
|
Baack Jerry J.
director: PRESIDENT & CEO |
- 4166
|
17.8253 USD |
|
2 years ago
Jul 20, 2022
|
Sell 69.3 K USD
|
Baack Jerry J.
director: PRESIDENT & CEO |
- 4166
|
16.6445 USD |
|
2 years ago
Jun 15, 2022
|
Sell 64.8 K USD
|
Baack Jerry J.
director: PRESIDENT & CEO |
- 4166
|
15.5564 USD |
|
2 years ago
May 18, 2022
|
Sell 65.1 K USD
|
Baack Jerry J.
director: PRESIDENT & CEO |
- 4166
|
15.6302 USD |
|
2 years ago
Apr 20, 2022
|
Sell 69.9 K USD
|
Baack Jerry J.
director: PRESIDENT & CEO |
- 4166
|
16.7879 USD |
|
2 years ago
Mar 16, 2022
|
Sell 71.8 K USD
|
Baack Jerry J.
director: PRESIDENT & CEO |
- 4166
|
17.2319 USD |
|
2 years ago
Feb 16, 2022
|
Sell 72.7 K USD
|
Baack Jerry J.
PRESIDENT & CEO |
- 4166
|
17.4598 USD |
|
2 years ago
Feb 10, 2022
|
Bought 175 K USD
|
Lawal Mohammed
Director |
+ 10000
|
17.5047 USD |
|
2 years ago
Jan 19, 2022
|
Sell 73.6 K USD
|
Baack Jerry J.
PRESIDENT & CEO |
- 4166
|
17.6686 USD |
|
3 years ago
Aug 17, 2021
|
Bought 150 K USD
|
Hokanson Mark E.
CHIEF TECHNOLOGY OFFICER |
+ 6000
|
25 USD |
|
3 years ago
Aug 17, 2021
|
Bought 18 K USD
|
Chybowski Joseph M.
CHIEF FINANCIAL OFFICER |
+ 720
|
25 USD |
|
3 years ago
Aug 17, 2021
|
Bought 75 K USD
|
Parish Douglas J.
Director |
+ 3000
|
25 USD |
|
3 years ago
Aug 17, 2021
|
Bought 25 K USD
|
Baack Jerry J.
PRESIDENT & CEO |
+ 1000
|
25 USD |
|
3 years ago
Aug 17, 2021
|
Bought 500 K USD
|
Urness Todd B.
Director |
+ 20000
|
25 USD |
|
3 years ago
Aug 17, 2021
|
Bought 100 K USD
|
Crocker Mary Jayne
EVP & CHIEF OPERATING OFFICER |
+ 4000
|
25 USD |
|
3 years ago
Aug 17, 2021
|
Bought 25 K USD
|
Salazar Lisa M
CHIEF DEPOSIT OFFICER |
+ 1000
|
25 USD |
|
3 years ago
Aug 17, 2021
|
Bought 2.5 K USD
|
Salazar Lisa M
CHIEF DEPOSIT OFFICER |
+ 100
|
25 USD |
|
3 years ago
Aug 17, 2021
|
Bought 5 K USD
|
Place Nicholas L.
CHIEF LENDING OFFICER |
+ 200
|
25 USD |
|
3 years ago
Mar 03, 2021
|
Bought 29.9 K USD
|
Brezonik Lisa
Director |
+ 1800
|
16.5883 USD |
|
3 years ago
May 27, 2021
|
Bought 374 K USD
|
Urness Todd B.
Director |
+ 20895
|
17.89 USD |
|
3 years ago
May 26, 2021
|
Bought 71.2 K USD
|
Urness Todd B.
Director |
+ 4105
|
17.3354 USD |
|
3 years ago
Feb 02, 2021
|
Bought 4.98 K USD
|
Chybowski Joseph M.
Chief Financial Officer |
+ 366
|
13.61 USD |
|
4 years ago
Nov 18, 2020
|
Bought 81.7 K USD
|
Salazar Lisa M
Chief Deposit Officer |
+ 6900
|
11.8398 USD |
|
4 years ago
Nov 03, 2020
|
Bought 4.97 K USD
|
Chybowski Joseph M.
Chief Financial Officer |
+ 423
|
11.75 USD |
|
4 years ago
Sep 01, 2020
|
Bought 96.7 K USD
|
Juran David B.
Director |
+ 10000
|
9.6741 USD |
|
4 years ago
Aug 26, 2020
|
Bought 96.8 K USD
|
Juran David B.
Director |
+ 10000
|
9.6835 USD |
|
4 years ago
Aug 25, 2020
|
Bought 58.1 K USD
|
Juran David B.
Director |
+ 6000
|
9.68 USD |
|
4 years ago
Aug 24, 2020
|
Bought 44.6 K USD
|
Juran David B.
Director |
+ 4608
|
9.6753 USD |
|
4 years ago
Aug 21, 2020
|
Bought 414 K USD
|
Juran David B.
Director |
+ 43543
|
9.5126 USD |
|
4 years ago
Aug 05, 2020
|
Bought 282 K USD
|
Juran David B.
Director |
+ 29457
|
9.5713 USD |
|
4 years ago
Aug 04, 2020
|
Bought 233 K USD
|
Juran David B.
Director |
+ 25000
|
9.3303 USD |
|
4 years ago
Jul 30, 2020
|
Bought 4.62 K USD
|
Chybowski Joseph M.
Chief Financial Officer |
+ 500
|
9.23 USD |
|
4 years ago
May 11, 2020
|
Bought 6.48 K USD
|
Baack Jerry J.
President & CEO |
+ 700
|
9.25 USD |
|
4 years ago
Apr 30, 2020
|
Bought 5.07 K USD
|
Chybowski Joseph M.
Chief Financial Officer |
+ 500
|
10.14 USD |
|
4 years ago
Mar 16, 2020
|
Bought 51.9 K USD
|
Urness Todd B.
Director |
+ 5330
|
9.734 USD |
|
4 years ago
Mar 16, 2020
|
Bought 49.3 K USD
|
Baack Jerry J.
President & CEO |
+ 5000
|
9.8679 USD |
|
4 years ago
Mar 10, 2020
|
Bought 440 K USD
|
Baack Jerry J.
President & CEO |
+ 40000
|
10.9902 USD |
|
4 years ago
Feb 20, 2020
|
Sell 101 K USD
|
Johnson James S.
Director |
- 7500
|
13.4515 USD |
|
4 years ago
Jan 31, 2020
|
Bought 9.87 K USD
|
Brezonik Lisa
Director |
+ 750
|
13.1594 USD |
|
4 years ago
Jan 30, 2020
|
Bought 6.68 K USD
|
Chybowski Joseph M.
Chief Financial Officer |
+ 500
|
13.35 USD |
|
5 years ago
Nov 18, 2019
|
Sell 168 K USD
|
Crocker Mary Jayne
EVP & Chief Operating Officer |
- 13325
|
12.6037 USD |
|
5 years ago
Nov 19, 2019
|
Sell 147 K USD
|
Crocker Mary Jayne
EVP & Chief Operating Officer |
- 11675
|
12.5893 USD |
|
5 years ago
Oct 30, 2019
|
Bought 6.27 K USD
|
Chybowski Joseph M.
Chief Financial Officer |
+ 500
|
12.5472 USD |
|
5 years ago
Aug 30, 2019
|
Bought 5.65 K USD
|
Chybowski Joseph M.
Chief Financial Officer |
+ 500
|
11.3 USD |
|
5 years ago
Aug 01, 2019
|
Bought 5.97 K USD
|
Parish Douglas J.
Director |
+ 500
|
11.9361 USD |
|
5 years ago
Apr 30, 2019
|
Bought 5.26 K USD
|
Parish Douglas J.
Director |
+ 500
|
10.5285 USD |
|
5 years ago
Feb 04, 2019
|
Bought 5.65 K USD
|
Parish Douglas J.
Director |
+ 500
|
11.3 USD |
|
5 years ago
Dec 10, 2018
|
Sell 57.1 K USD
|
Johnson James S.
Director |
- 5000
|
11.4139 USD |
|
6 years ago
Nov 12, 2018
|
Bought 5.79 K USD
|
Parish Douglas J.
Director |
+ 500
|
11.58 USD |
|
6 years ago
Oct 31, 2018
|
Bought 11.1 K USD
|
Chybowski Joseph M.
SVP & Chief Financial Officer |
+ 1000
|
11.0525 USD |
|
6 years ago
Aug 16, 2018
|
Bought 99.1 K USD
|
Parish Douglas J.
Director |
+ 8000
|
12.3928 USD |
|
6 years ago
Jul 31, 2018
|
Bought 25.5 K USD
|
Baack Jerry J.
President & CEO |
+ 2000
|
12.7705 USD |
|
6 years ago
May 02, 2018
|
Bought 26.6 K USD
|
Baack Jerry J.
President & CEO |
+ 2000
|
13.2879 USD |
|
6 years ago
Mar 16, 2018
|
Bought 58.8 K USD
|
Crocker Mary Jayne
EVP & Chief Operating Officer |
+ 5000
|
11.75 USD |
|
6 years ago
Mar 16, 2018
|
Bought 11.8 K USD
|
Baack Jerry J.
President & CEO |
+ 1000
|
11.75 USD |
|
6 years ago
Mar 16, 2018
|
Bought 11.8 K USD
|
Baack Jerry J.
President & CEO |
+ 1000
|
11.75 USD |
|
6 years ago
Mar 16, 2018
|
Bought 11.8 K USD
|
Baack Jerry J.
President & CEO |
+ 1000
|
11.75 USD |
|
6 years ago
Mar 16, 2018
|
Bought 82.2 K USD
|
Baack Jerry J.
President & CEO |
+ 7000
|
11.75 USD |
|
6 years ago
Mar 16, 2018
|
Bought 23.5 K USD
|
Chybowski Joseph M.
SVP & Chief Financial Officer |
+ 2000
|
11.75 USD |
|
6 years ago
Mar 16, 2018
|
Bought 23.5 K USD
|
Shellberg Jeffrey D.
EVP and Chief Credit Officer |
+ 2000
|
11.75 USD |
|
6 years ago
Mar 16, 2018
|
Bought 23.5 K USD
|
Place Nicholas L.
SVP & Chief Lending Officer |
+ 2000
|
11.75 USD |
|
6 years ago
Mar 16, 2018
|
Bought 58.8 K USD
|
Johnson James S.
Director |
+ 5000
|
11.75 USD |
|
6 years ago
Mar 16, 2018
|
Bought 23.5 K USD
|
Trutna Thomas P.
Director |
+ 2000
|
11.75 USD |
|
6 years ago
Mar 16, 2018
|
Sell 3.31 M USD
|
Urness Todd B.
Director |
- 300000
|
11.045 USD |
7. News
Bridgewater Bancshares, Inc. (BWB) Q3 2024 Earnings Call Transcript
Bridgewater Bancshares, Inc. (NASDAQ:BWB ) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants Justin Horstman - Vice President, Investor Relations Jerry Baack - Chairman and CEO Joe Chybowski - President and CFO Nick Place - Chief Banking Officer Jeff Shellberg - Chief Credit Officer Conference Call Participants Jeff Rulis - D.A. Davidson Brendan Nosal - Hovde Group Nathan Race - Piper Sandler Operator Good morning.
seekingalpha.com
- 3 weeks ago
Bridgewater (BWB) Is a Great Choice for 'Trend' Investors, Here's Why
Bridgewater (BWB) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
zacks.com
- 3 weeks ago
Bridgewater (BWB) Q3 Earnings and Revenues Beat Estimates
Bridgewater (BWB) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.30 per share a year ago.
zacks.com
- 3 weeks ago
Bridgewater Bancshares, Inc. Receives Regulatory Approvals for First Minnetonka City Bank Acquisition
ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“Bridgewater”), the parent company of Bridgewater Bank, and First Minnetonka City Bank announced today the receipt of all necessary regulatory approvals, including approval from the Federal Deposit Insurance Corporation and the Minnesota Department of Commerce, to complete Bridgewater Bank's previously announced acquisition of First Minnetonka City Bank. The acquisition is expected to close in the fourth quarter.
businesswire.com
- 3 weeks ago
Bridgewater (BWB) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Bridgewater (BWB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 month ago
Bridgewater Bancshares, Inc. to Announce Third Quarter 2024 Financial Results and Host Earnings Conference Call
ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that it will release its third quarter 2024 financial results after the market closes on Wednesday, October 23, 2024. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, October 24, 2024 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to.
businesswire.com
- 1 month ago
Here's Why Momentum in Bridgewater (BWB) Should Keep going
Bridgewater (BWB) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
zacks.com
- 1 month ago
Bridgewater Bancshares to Acquire First Minnetonka City Bank
BWB agrees to acquire First Minnetonka City Bank to enhance its loan diversification and revenue mix. This move is expected to be accretive to 2025 earnings.
zacks.com
- 2 months ago
Bridgewater (BWB) Tops Q2 Earnings and Revenue Estimates
Bridgewater (BWB) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.31 per share a year ago.
zacks.com
- 3 months ago
Bridgewater Bancshares: 8.2% Yielding Preferred Share Is Good Income Investment
Bridgewater Bancshares is a regional bank in Minnesota, dealing with the industry pressures of higher interest rates and lower deposits. Despite challenges with interest rate spreads, the bank has stabilized net interest income and maintained strong deposit growth. Risks include high loan to deposit ratio and exposure to commercial real estate loans, but the bank has adequate liquidity to cover uninsured deposits.
seekingalpha.com
- 4 months ago
New Strong Sell Stocks for June 14th
BWB, CCJ and ARR have been added to the Zacks Rank #5 (Strong Sell) List on June 14, 2024.
zacks.com
- 5 months ago
Bridgewater Bancshares, Inc. Elevates Joe Chybowski to President, Announces Strategic Leadership Transitions to Propel Future Growth
ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced a significant milestone with the appointment of Joe Chybowski as President, effective April 26th, 2024. This strategic move, alongside pivotal leadership transitions, reaffirms Bridgewater's commitment to excellence and its vision for a dynamic future. Joe, currently serving as Chief Financial Officer, will take on the additional role of President, collabor.
businesswire.com
- 6 months ago
8. Profile Summary
Bridgewater Bancshares, Inc. BWB
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 408 M
Dividend Yield
0.26%
Description
Bridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, small business entrepreneurs, and high net worth individuals in the United States. The company offers savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit. It also provides commercial loans to sole proprietorships, partnerships, corporations, and other business enterprises to finance accounts receivable or inventory, capital assets, or other business-related purposes; paycheck protection program loans; construction and land development loans; 1-4 family mortgage loans; multifamily lending products; owner and non-owner occupied commercial real estate loans; and consumer and other loans. In addition, the company online, mobile, and direct banking services. It operates through seven full-service offices located in Bloomington, Greenwood, Minneapolis, St. Louis Park, Orono, and St. Paul, Minnesota. The company was incorporated in 2005 and is headquartered in Saint Louis Park, Minnesota.
Contact
4450 Excelsior Boulevard, Saint Louis Park, MN, 55416
https://www.bridgewaterbankmn.com
IPO Date
March 14, 2018
Employees
265
Officers
Mr. Tony Ferraro
Managing Director of Banking
Mr. Jeffrey D. Shellberg
Co-Founder, Executive Vice President, Chief Credit Officer, Secretary & Non Independent Executive Director
Mr. Daniel D. Poppe
Senior Vice President & Senior Loan Officer
Ms. Lisa M. Salazar
Chief Operating Officer
Ms. Laura Espeseth
Chief Accounting Officer
Mr. Joseph M. Chybowski
President & Chief Financial Officer
Mr. Nicholas L. Place
Chief Banking Officer
Mr. Justin Horstman
Director of Investor Relations
Ms. Mary Jayne Crocker
Executive Vice President & Chief Strategy Officer
Mr. Gerald John Baack
Chief Executive Officer Founder & Non Independent Executive Chairman