Source-grounded facts extracted from Bridgewater Bancshares Inc's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Bridgewater Bancshares Inc shareholders approved Ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026 at the 2026-04-28 meeting.
“Proposal 4 : The ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026: VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 23,627,278 139 276 -”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Approval of the 2026 Equity Incentive Plan at the 2026-04-28 meeting.
“Proposal 3 : The approval of the 2026 Equity Incentive Plan: VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 14,768,670 6,169,077 61,657 2,628,289”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Approval, on a non-binding advisory basis, of the 2025 executive compensation at the 2026-04-28 meeting.
“Proposal 2 : The approval, on a non-binding advisory basis, of the 2025 executive compensation: VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 20,244,780 641,268 113,356 2,628,289”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Election of eleven (11) director nominees to serve until the 2027 Annual Meeting of Shareholders or until their successors are duly elected and qualified at the 2026-04-28 meeting.
“Proposal 1 : The election of eleven (11) director nominees to serve until the 2027 Annual Meeting of Shareholders or until their successors are duly elected and qualified: DIRECTOR NOMINEE VOTES FOR VOTES WITHHELD BROKER NON-VOTES Jerry Baack 20,658,223 341,181 2,628,289 Lisa Brezonik 20,172,001 827,403 2,628,289 Mary Jayne Crocker 20,742,088 257,316 2,628,289 James Johnson 20,457,040 542,364 2,628,289 David Juran 20,697,823 301,581 2,628,289 Mohammed Lawal 20,709,582 289,822 2,628,289 Douglas Parish 20,729,315 270,089 2,628,289 Jeffrey Shellberg 20,713,480 285,924 2,628,289 Thomas Trutna 20,447,030 552,374 2,628,289 Todd Urness 20,526,240 473,164 2,628,289 David Volk 20,709,521 289,883 2,628,289”
Earnings Releases
Bridgewater Bancshares Inc reported financial results for the three months ended March 31, 2026.
“On April 21, 2026, Bridgewater Bancshares, Inc. (the “Company”) issued a press release announcing its financial results as of and for the three months ended March 31, 2026. 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.”
Material Agreements
Bridgewater Bancshares Inc entered into Equity Distribution Agreement with Piper Sandler & Co. valued at up to $50,000,000 gross sale price of common stock (effective 2026-02-27).
“On February 27, 2026, Bridgewater Bancshares, Inc., a Minnesota corporation (the “Company”), and its wholly-owned subsidiary, Bridgewater Bank, a Minnesota state-chartered bank (the “Bank”), entered into an Equity Distribution Agreement (the “Agreement”) with Piper Sandler & Co., as distribution agent (the “Distribution Agent”), pursuant to which the Company may issue and sell from time to time through the Distribution Agent, shares of the Company's common stock, par value $0.01 per share (the “Common Stock”), having an aggregate gross sale price of up to $50,000,000 (the “Offering”).”
Debt Financings
Bridgewater Bancshares Inc incurred senior notes of $80.0 million with certain institutional accredited investors and qualified institutional buyers at 7.625% Fixed-to-Floating Rate maturing June 30, 2035.
“On June 24, 2025, Bridgewater Bancshares, Inc. (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Purchase Agreement”) with certain institutional accredited investors and qualified institutional buyers (the “Purchasers”) pursuant to which the Company sold and issued $80.0 million in aggregate principal amount of its 7.625% Fixed-to-Floating Rate Subordinated Notes due 2035 (the “Notes”).”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Ratification of RSM US LLP as independent registered public accounting firm for year ending December 31, 2024 at the 2024-04-23 meeting.
“Proposal 4 : The ratification of the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024:”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Recommendation on frequency of non-binding vote to approve executive compensation at the 2024-04-23 meeting.
“Proposal 3 : The recommendation on the frequency of the non-binding vote to approve the executive compensation:”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Non-binding advisory approval of 2023 executive compensation at the 2024-04-23 meeting.
“Proposal 2 : The approval, on a non-binding advisory basis, of the 2023 executive compensation:”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Election of four director nominees at the 2024-04-23 meeting.
“Proposal 1 : The election of four (4) director nominees to serve until the 2025 Annual Meeting of Shareholders or until their successors are duly elected and qualified:”
Laura Espeseth was appointed as Chief Accounting Officer at Bridgewater Bancshares Inc.
“On April 25, 2024, the Board of Directors of Bridgewater Bancshares, Inc. (the “Company”) appointed Joe Chybowski as the President of the Company, Mary Jayne Crocker as the Executive Vice President and Chief Strategy Officer of the Company, and Laura Espeseth as the Chief Accounting Officer of the Company, effective as of April 26, 2024 (the “Effective Date”).”
Mary Jayne Crocker was appointed as Executive Vice President and Chief Strategy Officer at Bridgewater Bancshares Inc.
“On April 25, 2024, the Board of Directors of Bridgewater Bancshares, Inc. (the “Company”) appointed Joe Chybowski as the President of the Company, Mary Jayne Crocker as the Executive Vice President and Chief Strategy Officer of the Company, and Laura Espeseth as the Chief Accounting Officer of the Company, effective as of April 26, 2024 (the “Effective Date”).”
Joe Chybowski was appointed as President at Bridgewater Bancshares Inc.
“On April 25, 2024, the Board of Directors of Bridgewater Bancshares, Inc. (the “Company”) appointed Joe Chybowski as the President of the Company, Mary Jayne Crocker as the Executive Vice President and Chief Strategy Officer of the Company, and Laura Espeseth as the Chief Accounting Officer of the Company, effective as of April 26, 2024 (the “Effective Date”).”
Earnings Releases
Bridgewater Bancshares Inc reported first quarter of 2024 results: net income $7.8 million, EPS $0.24 diluted earnings per common share.
“Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $7.8 million for the first quarter of 2024, compared to $8.9 million for the fourth quarter of 2023, and $11.6 million for the first quarter of 2023. Earnings per diluted common share were $0.24 for the first quarter of 2024, compared to $0.28 for the fourth quarter of 2023, and $0.37 for the first quarter of 2023.”
Earnings Releases
Bridgewater Bancshares Inc reported financial results for three and twelve months ended December 31, 2023.
“On January 24, 2024, Bridgewater Bancshares, Inc. (the “Company”) issued a press release announcing its financial results for the three and twelve months ended December 31, 2023.”
Earnings Releases
Bridgewater Bancshares Inc reported financial results for three and nine months ended September 30, 2023.
“On October 25, 2023, Bridgewater Bancshares, Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2023.”
Earnings Releases
Bridgewater Bancshares Inc reported for the three and six months ended June 30, 2023 results: net income $9.8 million, EPS $0.31 diluted earnings per common share.
“Bridgewater Bancshares, Inc. Announces Second Quarter 2023 Net Income of $9.8 Million, $0.31 Diluted Earnings Per Common Share”
Governance Changes
Bridgewater Bancshares Inc: Approved Second Amended and Restated Bylaws to declassify the board of directors and increase maximum directors from 11 to 15 (effective 2023-04-26).
“The Third Amended and Restated Articles of Incorporation became effective on April 26, 2023 upon filing with the Minnesota Secretary of State.”
Governance Changes
Bridgewater Bancshares Inc: Approved Third Amended and Restated Articles of Incorporation to declassify the board of directors and increase maximum directors from 11 to 15 (effective 2023-04-26).
“The Third Amended and Restated Articles of Incorporation became effective on April 26, 2023 upon filing with the Minnesota Secretary of State.”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023 at the 2023-04-25 meeting.
“The ratification of the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023:”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Approval of the 2023 EIP at the 2023-04-25 meeting.
“approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to Declassify the Company’s Board of Directors: Votes For Votes Against Abstentions Broker Non-Votes 20,148,297 60,544 50,032 3,031,367 Proposal 3 : The approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to increase the maximum number of directors of the Company from eleven (11) to fifteen (15): Votes For Votes Against Abstentions Broker Non-Votes 22,471,721 575,244 243,275 0 Proposal 4 : The approval of the 2023 EIP: Votes For Votes Against Abstentions Broker Non-Votes 14,576,925 5,596,525 85,423 3,031,367 Proposal 5 : The ratification of the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the year”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to increase the maximum number of directors of the Company from eleven (11) to fifteen (15) at the 2023-04-25 meeting.
“The approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to increase the maximum number of directors of the Company from eleven (11) to fifteen (15):”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to Declassify the Company's Board of Directors at the 2023-04-25 meeting.
“The approval of the Third Amended and Restated Articles of Incorporation and Second Amended and Restated Bylaws to Declassify the Company’s Board of Directors:”
Shareholder Votes
Bridgewater Bancshares Inc shareholders approved Election of three Class II director nominees to serve a three-year term until the 2026 Annual Meeting of Shareholders at the 2023-04-25 meeting.
“The election of three (3) Class II director nominees to serve a three-year term until the 2026 Annual Meeting of Shareholders or until their successors are duly elected and qualified:”
Earnings Releases
Bridgewater Bancshares Inc reported first quarter of 2023 results: net income net income of $11.6 million, EPS Earnings per diluted common share ... were $0.37.
“Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $11.6 million for the first quarter of 2023, compared to $13.7 million for the fourth quarter of 2022, and $12.3 million for the first quarter of 2022. Earnings per diluted common share for the first quarter of 2023 were $0.37, compared to $0.45 per diluted common share for the fourth quarter of 2022, and $0.39 per diluted common share for the same period in 2022.”
Auditor Changes
Bridgewater Bancshares Inc dismissed CliftonLarsonAllen LLP as its auditor.
“the Audit Committee (the “ Committee ”) of the Board of Directors of Bridgewater Bancshares, Inc. (the “ Company ”) approved the dismissal of the Company’s current independent registered public accounting firm, CliftonLarsonAllen LLP (“ CLA ”), upon completion of the audit of the Company’s consolidated financial statements for the year ending December 31, 2022.”
Earnings Releases
Bridgewater Bancshares Inc reported financial results for the three and twelve months ended December 31, 2022.
“On January 25, 2023, Bridgewater Bancshares, Inc. (the “Company”) issued a press release announcing its financial results for the three and twelve months ended December 31, 2022.”
Auditor Changes
Bridgewater Bancshares Inc engaged RSM US LLP as its auditor.
“ (b) Newly Engaged Independent Registered Public Accounting Firm In connection with the dismissal of CLA and on the same date, the Committee approved the engagement of RSM US LLP (“ RSM ”) as the Company’s new independent registered public accounting firm for the year ending December 31, 2023, effective January 1, 2023.”
Auditor Changes
Bridgewater Bancshares Inc dismissed CliftonLarsonAllen LLP as its auditor.
“(a) Dismissal of Independent Registered Public Accounting Firm On December 20, 2022, the Audit Committee (the “ Committee ”) of the Board of Directors of Bridgewater Bancshares, Inc. (the “ Company ”) approved the dismissal of the Company’s current independent registered public accounting firm, CliftonLarsonAllen LLP (“ CLA ”), upon completion of the audit of the Company’s consolidated financial statements for the year ending December 31, 2022. The reports of CLA on the Company’s consolidated financial statements as of and for the years ended December 31, 2021 and 2020 did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles. In connection with CLA’s audits during the years ended December 31, 2021 and 2020, and through the date of the Committee's action dismissing CLA, there have been n”
Earnings Releases
Bridgewater Bancshares Inc reported financial results for the three and nine months ended September 30, 2022.
“On October 27, 2022, Bridgewater Bancshares, Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.