Bridgewater Bancshares, Inc. announces an Equity Buyback for $25 million worth of its shares.
August 18, 2022 at 09:26 pm
Share
Bridgewater Bancshares, Inc. (NasdaqCM:BWB) announces a share repurchase program. Under the program, the company will repurchase up to $25 million worth of its common stock. The repurchase program will be valid till August 16, 2024.
Bridgewater Bancshares, Inc. is a financial holding company with one wholly owned subsidiary: Bridgewater Bank (the Bank). The Bank focuses primarily on commercial lending, consisting of loans secured by nonfarm, nonresidential properties, loans secured by multifamily residential properties, nonowner occupied single family residential properties, construction loans, land development loans and commercial and industrial loans. It offers loan and deposit products primarily for commercial clients. The Bank has developed a suite of deposit products targeted at commercial clients, including a variety of remote deposit and cash management products, along with commercial transaction accounts. The Bank also offers consumers traditional retail deposit products through its branch network, along with online, mobile, and direct banking channels. The Bank has seven full-service offices located in Bloomington, Greenwood, Minneapolis (two), St. Louis Park, Orono, and St. Paul, Minnesota.
BRIDGEWATER BANCSHARES, INC. 
