- CEO
- Jerry J. Baack
- Full Time Employees
- 337
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 4450 Excelsior Boulevard Saint Louis Park MN United States of America 55416
- IPO Date
- Aug 18, 2021
- Business
- Bridgewater Bancshares, Inc. Bridgewater Bancshares, Inc. (Nasdaq: BWBBP) operates as the bank holding company for Bridgewater Bank, a full-service commercial bank that provides deposit products, lending solutions, and treasury management services to businesses, entrepreneurs, and individuals primarily in the Twin Cities metropolitan area of Minnesota. The company offers a comprehensive range of commercial loans secured by nonfarm nonresidential properties, multifamily residential properties, and nonowner-occupied single-family residential properties; construction, land development, and commercial and industrial loans; commercial real estate loans for owner- and nonowner-occupied properties; single-family residential construction, finished lots, raw land, and commercial and multifamily construction loans; as well as paycheck protection program loans. Deposit products include savings and money market accounts, demand deposits, time and brokered deposits, interest- and noninterest-bearing transaction accounts, and certificates of deposit; the bank also delivers online, mobile, and direct banking services. Founded in 2005 and headquartered at 4450 Excelsior Boulevard, Suite 100, in Saint Louis Park, Minnesota, Bridgewater Bancshares, Inc. maintains nine full-service branches across the Twin Cities as of June 30, 2025, with total assets of approximately $5.3 billion, positioning it among the largest locally led banks in Minnesota focused on commercial real estate and small business lending. In December 2024, Bridgewater Bank completed its acquisition of First Minnetonka City Bank, a strategic transaction announced in August 2024 that added a complementary core deposit base, diversified the loan portfolio, incorporated an investment advisory platform, and expanded the branch network to nine locations while increasing total assets to around $4.9 billion at closing, with full integration expected by the second quarter of 2025.