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Bridgewater Bancshares ( (BWB) ) just unveiled an update.
Bridgewater Bancshares, Inc. announced the completion of its acquisition of First Minnetonka City Bank, effective December 13, 2024. This strategic acquisition supports Bridgewater’s growth within the Twin Cities community, expanding its assets to approximately $5.0 billion and enhancing its service offerings. The merger is expected to be a catalyst for future success amid ongoing market disruptions, aligning with Bridgewater’s strategic priorities.
More about Bridgewater Bancshares
Bridgewater Bancshares, Inc. is a financial holding company based in St. Louis Park, Minnesota. The company operates Bridgewater Bank, a premier full-service bank in the Twin Cities, dedicated to serving commercial real estate investors, entrepreneurs, business clients, and successful individuals. With a focus on deposit, lending, and treasury management solutions, Bridgewater has achieved continuous growth and profitability, earning recognition as one of the largest locally led banks in Minnesota.
YTD Price Performance: 11.46%
Average Trading Volume: 65,408
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $413.3M
For a thorough assessment of BWB stock, go to TipRanks’ Stock Analysis page.
