Saint Louis Park, MN · Cert 58210 · Bridgewater Bancshares Inc.
State charter, non-member · FDIC · 10 branches
Q2 2026
Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 1.7% share · #9 of 125 inst. · $4.4B of $253.2B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.81% | 0.79% | 0.85% | 0.92% | 0.95% | 0.99% | 1.42% | 1.30% | +38 bps | |
| Return on Equity | 7.48% | 7.42% | 8.14% | 8.78% | 9.02% | 9.35% | 12.68% | 11.37% | +258 bps | |
| Net Interest Margin | 2.23% | 2.24% | 2.48% | 2.53% | 2.51% | 2.56% | 2.94% | 2.98% | +46 bps | |
| Efficiency Ratio | 54.10% | 53.83% | 52.20% | 50.81% | 50.73% | 50.02% | 52.62% | 51.09% | +28 bps | |
| Non-Interest Burden | 1.15% | 1.14% | 1.23% | 1.20% | 1.20% | 1.20% | 1.48% | 1.45% | +25 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 2.99% | 9.78% | 8.68% | 12.99% | 14.23% | 6.73% | 3.83% | 1.68% | -1,131 bps | |
| Loan Growth (YoY) | -0.95% | 3.87% | 6.22% | 9.07% | 14.30% | 11.36% | 8.64% | 6.76% | -231 bps | |
| Deposit Growth (YoY) | 1.77% | 9.85% | 9.17% | 11.93% | 14.55% | 5.78% | 3.52% | 1.91% | -1,002 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.23% | 0.01% | 0.26% | 0.24% | 0.24% | 0.51% | 0.27% | 0.49% | +25 bps | |
| Net Charge-Offs / Loans | 0.03% | 0.03% | 0.00% | 0.00% | 0.01% | 0.03% | 0.05% | 0.04% | +4 bps | |
| Allowance / Loans | 1.39% | 1.35% | 1.34% | 1.35% | 1.34% | 1.31% | 1.31% | 1.30% | -5 bps | |
| Allowance Coverage of NPLs | 6.1x | 173.7x | 5.2x | 5.5x | 5.6x | 2.6x | 4.9x | 2.7x | -2.9x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 11.12% | 10.86% | 10.49% | 10.58% | 10.43% | 10.65% | 11.45% | 11.65% | +106 bps | |
| Total Risk-Based Capital | 14.27% | 13.49% | 13.42% | 13.41% | 13.43% | 13.49% | 13.92% | 13.98% | +57 bps | |
| Equity / Assets | 11.03% | 10.38% | 10.51% | 10.39% | 10.71% | 11.02% | 11.44% | 11.73% | +134 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 97.61% | 94.06% | 96.02% | 96.72% | 97.40% | 99.02% | 100.77% | 101.32% | +460 bps | |
| Liquid Assets / Assets | 3.79% | 4.17% | 2.93% | 3.71% | 2.12% | 1.96% | 3.88% | 2.85% | -86 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 541% | 535% | 520% | n/a | n/a | |