BRIDGEWATER BANCSHARES INC (BWB)
Financials · regional banking · NASDAQ
A community-focused commercial bank serving the entrepreneurial and real estate business community in the Twin Cities region.
What BRIDGEWATER BANCSHARES INC does
Bridgewater Bancshares, Inc. is a financial holding company that operates through its wholly-owned subsidiary, Bridgewater Bank. It provides a range of commercial and consumer banking products and services, focusing on serving the needs of entrepreneurs, small-to-medium-sized businesses, and real estate professionals in the Minneapolis-Saint Paul metropolitan area.
Themes: commercial real estate lending, business banking, regional community banking
Fundamentals
- Price$21.68 as of 2026-08-24 close
- Market cap$605M as of 2026-08-24
- 1-year return+31.4% 2025-08-22 close $16.50 → 2026-08-24 close $21.68
- P/E10.96 as of 2026-08-24
- Net margin+37.5% as of 2026-08-24
- ROE+10.8% as of 2026-08-24
- Debt / equity0.20 as of 2026-08-24
- Revenue growth (YoY)+43.1% as of 2026-08-24
- Beta0.80 as of 2026-08-24
- Last reported earnings2026-07-21 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +0.6%; pays a dividend.
How BWB compares in its sector
- price-to-earnings ratiomiddle range 513 covered Financials peers, as of 2026-08-24
- net profit margintop 10% 538 covered Financials peers, as of 2026-08-24
- operating margintop 10% 534 covered Financials peers, as of 2026-08-24
- return on equitymiddle range 575 covered Financials peers, as of 2026-08-24
- indicated dividend yieldbottom 10% 453 covered Financials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 431 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How BRIDGEWATER BANCSHARES INC looks technically
BRIDGEWATER BANCSHARES INC (BWB) is trading 14.7% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 312 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 2 trading days ago (its momentum flipped negative). It made a new 20-day high about 5 trading days ago. It is 4.2% below its all-time high.
Trend
7
| Distance from the 200-day | it is trading 14.7% above its 200-day average, the long-term trend line — a longer-term uptrend | +14.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $21.16 | $21.16 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $18.90 | $18.90 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 11 calendar days ago — the swings before that are what the structure reading is measured on | 11 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 312 trading days ago — a "golden cross", a bullish long-term signal | 312 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend) | 18.6 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30) | 53.8 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($20.79 to $22.62) — its "stochastic" reading is 49 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 48.6 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 2 trading days ago (its momentum flipped negative) | 2 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $22.62 | $22.62 |
|---|---|---|
| From the 52-week high | it is 4.2% below its 52-week high (its highest price of the past year) | -4.2% |
| Above the 52-week low | it is 41.2% above its 52-week low (its lowest price of the past year) | +41.2% |
| Below the 52-week high | it is 4.2% below its highest point of the past year | 4.2% |
| Since a 20-day breakout | it made a new 20-day high about 5 trading days ago | 5 sessions |
| Since a 55-day breakout | it made a new 55-day high about 28 trading days ago | 28 sessions |
| All-time high | its highest closing price on record is $22.62 (set on 2026-08-13) | $22.62 |
| Given back of the 52-week move | over the past year its closes ranged ($15.75 to $22.49), and it has given back only a small part of its rise from last year’s low — 12% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $18.11 to $18.32. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 12.0% |
| From the all-time high | it is 4.2% below its all-time high | -4.2% |
| Nearest price level | it is trading 4.3% below a resistance level at $22.61 — a price it turned at twice since 2026-07-16, most recently on 2026-08-13. Since 2024-08-26 it has 9 such levels below the current price and 1 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +4.3% |
| All-time low | its lowest closing price on record is $7.90 (set on 2023-05-04) | $7.90 |
| Above the all-time low | it is 174.4% above its all-time low | +174.4% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 44th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.5561 between its high and its low — about 2.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.5561 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $20.31 and $22.62 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $20.31 – $21.46 – $22.62 |
| Typical daily range (% of price) | its price moves about 2.6% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.6% |
| Stretch from the 200-day average | it is trading 5.0 daily ranges above its 200-day average price (14.7% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 5.0 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.82× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a doji | today it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | today |
|---|---|---|
| Since a hammer | 1 session ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 1 session ago |
Price gaps
3
| Gap at the open | it opened on 2026-08-24 0.3% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.3% |
|---|---|---|
| Open gap | it gapped 3.6% above the previous close 52 sessions ago and has not traded back through the level it left behind at 18.42 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +3.6% |
| Gap filled | a 2.5% gap up opened on 2026-08-06 has been "filled" 12 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 12 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 2 sessions in a row, a +0.6% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 2 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 1.0 percentage points (the stock gained 4.3% while the market gained 3.3%) | +1.0% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 13.4 percentage points (the stock gained 15.8% while the market gained 2.4%) | +13.4% |
| vs market, 6 months | over the past 6 months this stock beat the market by 5.7 percentage points (the stock gained 16.7% while the market gained 11.1%) | +5.7% |
| vs market, 12 months | over the past 12 months this stock beat the market by 13.1 percentage points (the stock gained 31.4% while the market gained 18.3%) | +13.1% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 1.8% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-17 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 5.2% of the share price. | +1.8% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 9% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $19.96 — a volume-weighted average of daily closes over 156 sessions, not a true tick-by-tick VWAP. | +8.6% |
|---|---|---|
| Vs the average paid since it last reported | the price is 2% above the average price paid since it last reported on 2026-07-21 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $21.31 — a volume-weighted average of daily closes over 25 sessions, not a true tick-by-tick VWAP. | +1.7% |
Price levels it has turned at before
BWB last closed at $21.68 on 2026-08-24. Since 2024-08-26 it has turned at 9 prices below its last close and 1 above; the 3 nearest below and the nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $22.61 | Resistance | 4.3% above the last close | turned there twice · 2026-07-16 to 2026-08-13 |
| $19.46 | Support | 10.2% below the last close | turned there three times · 2026-01-22 to 2026-05-27 |
| $19.08 | Support | 12.0% below the last close | turned there three times · 2025-12-18 to 2026-06-17 |
| $17.82 | Support | 17.8% below the last close | turned there 7 times · 2025-06-26 to 2026-05-12 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-24.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · MACD just crossed bearish (12/26/9) · trendless / choppy (low ADX) · Near the all-time high · beating the market · Printed a doji candle | Learn: moving average · golden cross · adx · rsi · macd · breakout · all time high
Based on daily closing prices as of 2026-08-24. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.25 mean, 1=Strong Buy…5=Strong Sell) — 4 analysts
- Mean price target$24.00 range $23.00 – $25.00
Analyst estimates, as of 2026-08-18. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for BWB
- Consensus EPS estimate$0.4733 next reporting period, as of 2026-08-18
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["interest rate fluctuations affecting net interest margin","concentration of loan portfolio in commercial real estate lending","credit risk and the potential for loan defaults"]
What changed in the latest 10-Q
AI-assisted comparison of BWB's 10-Q filed 2026-04-30 against the prior one filed 2025-10-30.
Management's Discussion & Analysis (MD&A)
- Added:
- Added explicit reference to Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 in forward-looking statements disclaimer (2026-04-30 filing)
- Added 'known and unknown uncertainties' to description of risks associated with forward-looking statements (2026-04-30 filing)
- Added specific reference to 'wars in Iran and Ukraine, and other international conflicts' as distinct risk factor (2026-04-30 filing)
- Removed:
- Removed reference to 'the threat or implementation of new, or changes to, existing policies, regulations, regulatory and governmental agencies' language regarding DEI and ESG initiatives (older 2025-10-30 filing)
- Removed bullet point regarding 'the effects of developments and events in the financial services industry, including the large-scale deposit withdrawals over a short period of time that resulted in several bank failures' (older 2025-10-30 filing)
- Removed reference to 'ongoing conflicts in the Middle East and the Russian invasion of Ukraine' (older 2025-10-30 filing)
- Removed reference to 'acts of war or terrorism' in favor of more general 'acts of war, military conflicts, or terrorism' (2026-04-30 filing)
- Removed bullet point regarding 'the effects of the current U.S. government shutdown and its impact on our customers' (older 2025-10-30 filing)
- Removed language about FMCB merger being 'more difficult or expensive to integrate than anticipated' (older 2025-10-30 filing)
- Reworded:
- Changed reporting period from 'three and nine months ended September 30, 2025' to 'three months ended March 31, 2026' (2026-04-30 filing)
- Changed reference to prior year 10-K from 'year ended December 31, 2024, filed on March 6, 2025' to 'year ended December 31, 2025, filed on February 26, 2026' (2026-04-30 filing)
- Expanded forward-looking statements definition from 'safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995' to explicit citation of Section 27A and Section 21E (2026-04-30 filing)
- Changed federal policy risk language from 'threat or implementation of new, or changes to, existing policies' to 'threat or implementation of tariffs, immigration enforcement, executive orders, and changes in foreign policy' (2026-04-30 filing)
- Changed tariff and supply chain language from 'the imposition of tariffs or other governmental policies' to same text but clarified standalone risk item (2026-04-30 filing)
- Simplified external events risk from 'acts of war or terrorism or other adverse external events' to 'acts of war, military conflicts, or terrorism' with separate geographic reference (2026-04-30 filing)
- Notes:
- Older filing text was truncated at end of 'future deve' so full comparison of concluding sentences not possible
- Comparison limited to provided MD&A sections only; no other sections of either filing reviewed
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 5 open-market sales by insiders in the last 90 days.
- Last 30 days0 buys · 3 sells ($567998) — 2 selling insiders
- Last 90 days0 buys · 5 sells ($791075) — 4 selling insiders
- Last 180 days1 buy ($4100) · 12 sells ($2M) — 1 buying, 6 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-07-30. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about BWB's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding BWB as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 2,380,472
- Reported value $42,134,356
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 1 increased, 4 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
BWB had 613,447 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
BWB had 2.20% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.52 days to cover at the same settlement.
- Reported short interest (shares) 613,447
- Short interest (% of shares outstanding) 2.20%
- Prior settlement (shares) 588,844
- Reported change 4.18%
- Days to cover (reported) 3.52
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Associated Banc-Corp (ASB)
- Hope Bancorp (HOPE)
- WesBanco (WSBC)
- TriState Capital Holdings (TSC)
- First Interstate BancSystem (FIBK)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does BRIDGEWATER BANCSHARES INC (BWB) do?
Bridgewater Bancshares, Inc. is a financial holding company that operates through its wholly-owned subsidiary, Bridgewater Bank. It provides a range of commercial and consumer banking products and services, focusing on serving the needs of entrepreneurs, small-to-medium-sized businesses, and real estate professionals in the Minneapolis-Saint Paul metropolitan area.
What sector is BRIDGEWATER BANCSHARES INC (BWB) in?
BRIDGEWATER BANCSHARES INC (BWB) is classified in the Financials sector. Its industry is regional banking. It trades on NASDAQ.
Does BWB pay a dividend?
Yes — BRIDGEWATER BANCSHARES INC (BWB) pays a dividend, with an indicated yield of about 0.65% (market data, as of 2026-08-24). Informational only — not financial advice.
Who are BRIDGEWATER BANCSHARES INC's (BWB) competitors?
Notable peers of BRIDGEWATER BANCSHARES INC (BWB) include Associated Banc-Corp, Hope Bancorp, WesBanco, TriState Capital Holdings and First Interstate BancSystem. This peer set is informational only — not financial advice.
Is BRIDGEWATER BANCSHARES INC (BWB) overbought or oversold right now?
BRIDGEWATER BANCSHARES INC (BWB) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 54, in the neutral middle (as of 2026-08-24). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on BWB come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-24.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.