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Bridgewater Bancshares Priced, Nasdaq: BWB

Minnesota-based community bank focused on commercial real estate lending.

Industry: Financials

First Day Return: +7.4%

We are a financial holding company headquartered in Bloomington, Minnesota with two wholly-owned subsidiaries: Bridgewater Bank and Bridgewater Risk Management, a captive insurance entity. The Bank has six full-service offices located in Bloomington, St. Louis Park, Greenwood, Minneapolis (2), and Orono, Minnesota. Our principal source of funds for loans and investments are transaction, savings, time, and other deposits, and short-term and long-term borrowings. Our principal sources of income are interest and fees collected on loans, interest and dividends earned on investment securities and service charges. Our principal expenses are interest paid on deposit accounts and borrowings, employee compensation and other overhead expenses. In historical periods, we have grown organically and have had an over-arching focus on enhancing shareholder value and building a platform for scalability.

Bridgewater Bancshares (BWB) Performance

Created with Highcharts 10.3.2Chart context menuBWB vs. IPO Index (IPOUSA)Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 20250%+ 100%+ 200%-100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index