Bridgewater Bancshares Q2 FY26 net income drops to $14 million; net interest income rises 21% vs Q1 FY26 to $38.6 million

• Bridgewater Bancshares posted Q2 2026 net income of $14 million, down from $17.4 million in Q1 2026; diluted EPS was $0.45.
• Net interest income rose $1.9 million, or 21% annualized, to $38.6 million; net interest margin widened 0.08 percentage point to 3.07%.
• Noninterest income fell to $2.3 million from $9.6 million in Q1, reflecting no net gain on sales of securities versus $7.3 million.
• Gross loans increased $58.3 million, or 5.4% annualized, to $4.43 billion; deposits climbed $40.7 million, or 3.8% annualized, to $4.35 billion.
• Nonperforming assets rose to 0.40% of total assets from 0.22%; CEO Jerry Baack cited improved revenue trends, margin expansion, loan repricing, and continued hiring.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bridgewater Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-085419), on July 21, 2026, and is solely responsible for the information contained therein.