Bridgewater Bancshares Files 8-K on Financials
Ticker: BWBBP · Form: 8-K · Filed: Apr 24, 2024 · CIK: 1341317
| Field | Detail |
|---|---|
| Company | Bridgewater Bancshares INC (BWBBP) |
| Form Type | 8-K |
| Filed Date | Apr 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $36.72, $0.3672 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-K
Related Tickers: BWDG
TL;DR
BWDG filed an 8-K on 4/24/24 covering financial results and other events.
AI Summary
Bridgewater Bancshares, Inc. filed an 8-K on April 24, 2024, reporting on its results of operations and financial condition. The filing also includes disclosures related to Regulation FD, other events, and financial statements and exhibits. Specific financial details or performance metrics were not detailed in the provided excerpt.
Why It Matters
This 8-K filing provides an update on Bridgewater Bancshares' financial condition and operational results, which is crucial information for investors to assess the company's performance and outlook.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting financial information and does not indicate any immediate or significant risks.
Key Players & Entities
- Bridgewater Bancshares, Inc. (company) — Registrant
- April 24, 2024 (date) — Date of Report
- 4450 Excelsior Boulevard, Suite 100 (address) — Principal executive offices
- St. Louis Park, Minnesota (location) — Principal executive offices location
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on Bridgewater Bancshares, Inc.'s results of operations and financial condition, as well as to provide disclosures related to Regulation FD, other events, and financial statements and exhibits.
On what date was this 8-K filed?
This 8-K was filed on April 24, 2024.
What is the exact name of the registrant?
The exact name of the registrant is Bridgewater Bancshares, Inc.
Where are Bridgewater Bancshares, Inc.'s principal executive offices located?
Bridgewater Bancshares, Inc.'s principal executive offices are located at 4450 Excelsior Boulevard, Suite 100, St. Louis Park, Minnesota.
What is the Commission File Number for Bridgewater Bancshares, Inc.?
The Commission File Number for Bridgewater Bancshares, Inc. is 001-38412.
Filing Stats: 722 words · 3 min read · ~2 pages · Grade level 10.7 · Accepted 2024-04-24 16:21:54
Key Financial Figures
- $0.01 — angeonwhichregistered: Common Stock , $0.01 Par Value Depositary Shares , each re
- $36.72 — Stock"). The quarterly cash dividend of $36.72 per share, equivalent to $0.3672 per de
- $0.3672 — dend of $36.72 per share, equivalent to $0.3672 per depository share, each representing
Filing Documents
- bwb-20240424x8k.htm (8-K) — 38KB
- bwb-20240424xex99d1.htm (EX-99.1) — 1722KB
- bwb-20240424xex99d2.htm (EX-99.2) — 54KB
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- 0001558370-24-005607.txt ( ) — 7563KB
- bwb-20240424.xsd (EX-101.SCH) — 4KB
- bwb-20240424_def.xml (EX-101.DEF) — 13KB
- bwb-20240424_lab.xml (EX-101.LAB) — 19KB
- bwb-20240424_pre.xml (EX-101.PRE) — 13KB
- bwb-20240424x8k_htm.xml (XML) — 7KB
02 R esults of Operations and Financial Condition
Item 2.02 R esults of Operations and Financial Condition. On April 24, 2024, Bridgewater Bancshares, Inc. (the "Company") issued a press release announcing its financial results for the three months ended March 31, 2024. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information furnished in this item of this Form 8-K, and the related exhibits, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.
01 R egulation FD Disclosure
Item 7.01 R egulation FD Disclosure. The Company hereby furnishes the Investor Presentation attached hereto as Exhibit 99.2. The information furnished in this item of this Form 8-K, and the related exhibits, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.
01 Other Events
Item 8.01 Other Events . On April 24, 2024, in its 2024 first quarter earnings release, the Company announced that its Board of Directors had declared a quarterly cash dividend on its 5.875% Non-Cumulative Perpetual Preferred Stock, Series A ("Series A Preferred Stock"). The quarterly cash dividend of $36.72 per share, equivalent to $0.3672 per depository share, each representing a 1/100 th interest in a share of the Series A Preferred Stock (Nasdaq: BWBBP), is payable on June 3, 2024, to shareholders of record of the Series A Preferred Stock at the close of business on May 15, 2024.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit 99.1 Press Release of Bridgewater Bancshares, Inc., dated April 24, 2024, regarding first quarter 2024 financial results Exhibit 99.2 Earnings Presentation dated April 24, 2024 Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Bridgewater Bancshares, Inc. Date: April 24, 2024 By: /s/ Jerry Baack Name: Jerry Baack Title: Chairman, Chief Executive Officer and President 3