Bridgewater Bancshares, Inc. Announces Second Quarter 2026 Financial Results
Bridgewater Bancshares reported net income of $14.0 million, or $0.45 per diluted share, for the second quarter of 2026, a decline from the prior quarter linked to lower noninterest income. Net interest margin expanded 8 basis points sequentially to 3.07%, driven by loan portfolio growth and higher yields, while tangible book value per share increased 17.1% annualized to $16.61.
Key figures
- Eps
- 0.45
- Net income
- 14000000
- Efficiency ratio
- 53.0%
- Net interest margin
- 3.07%
- Provision for credit losses
- 550000
- Tangible book value per share
- 16.61
- Nonperforming assets to total assets
- 0.40%
AI analysis
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