Bridgewater Bancshares, Inc. reported a strong third quarter in 2025, with net income of $11.6 million and diluted EPS of $0.38. The company experienced growth in net interest income, loans, and core deposits, alongside stable asset quality and an increase in tangible book value per share.
Net income for the third quarter of 2025 was $11.6 million, or $0.38 per diluted common share.
Net interest income increased by $1.6 million, or 5.1%, from the second quarter of 2025.
Gross loans increased by $68.8 million, or 6.6% annualized, and total deposits increased by $56.0 million, or 5.2% annualized, from the second quarter of 2025.
Tangible book value per share increased by 20.0% annualized from the second quarter of 2025, reaching $14.93.
Bridgewater Bancshares, Inc. anticipates continued balance sheet growth and net interest margin expansion, positioning the company for improved profitability trends.
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