About Bridgewater Bank
Bridgewater Bank is a publicly listed company based in Bloomington (United States) founded in 2005. Commercial banking services are provided to businesses and individuals. Bridgewater Bank has raised $49.63 million across 6 funding rounds from investors including EJF Investments, Endeavour Capital Advisors and GCP Capital Partners. The company has 290 employees. Bridgewater Bank has completed 1 acquisition, including First Minnetonka City Bank. Its website bridgewaterbankmn.com draws about 40 thousand monthly visits. Its focus areas include Banks and Commercial Banks. Its competitors include Truist, First Republic Bank and Equity Bank; 1 of its 3 listed competitors has raised funding.
Company details
Bridgewater Bank was established in 2005 in Bloomington, United States, as a commercial bank. Operations focus on offering deposit accounts, loans, and treasury management services to small and medium-sized businesses, alongside personal banking options. The bank serves clients primarily in the Midwest region through its physical branches and online platforms. Regulatory compliance is maintained under U.S. banking standards, with emphasis on community-oriented financial solutions.
- Headquarters Bloomington, United States
- Employees 290
- Stage Public
- SectorsFinancial Services
- Website category Finance · Banking Credit and Lending
- Email••••••••
- Phone•••• ••••
- Website bridgewaterbankmn.com
- Social LinkedIn
- Legal Name Bridgewater Bancshares, Inc.
- Annual Revenue$291.09 M (USD)as on Dec 31, 2025
- Net Profit$46.09 M (USD)40.41as on Dec 31, 2025
- Total Equity Funding$49.63M (USD)
in 6 rounds
- Latest Funding Round$25M (USD), Debt – Conventional
Jul 2017
- InvestorsEJF Investments
& 3 more
- Employee Count290
- Investments & Acquisitions
Funding Insights of Bridgewater Bank
Bridgewater Bank has successfully raised a total of $49.63M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $25 million completed in July 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $49.63M
- Total Rounds 6
- Last Round Debt – Conventional — $25M
- First Round $5M
(Apr 2008)
- Investors Count 4
All 6 funding rounds of Bridgewater Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $25M | Debt – Conventional | – | – | – |
| Jul 2016 | $27.5M | Series C | – | – | |
| Sep 2015 | $15M | Series B | – | – | |
| Oct 2014 | $425,574 | Series A | – | – | – |
| Aug 2009 | $1.7M | Series A | – | – | – |
| Apr 2008 | $5M | Series A | – | – | – |
4 investors in total: 4 institutional.
Investors in Bridgewater Bank
Bridgewater Bank has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include EJF Investments, Endeavour Capital Advisors and GCP Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward the United States market. | gcpcapital.com | New York, United States | ||
| castlecreek.com | ||||
Investments are managed by EJF Investments in various sectors. | 2005 | ejfi.com | Saint Helier, Jersey | |
| encap.in |
Investor details for Bridgewater Bank
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People of Bridgewater Bank
10 people are tracked at Bridgewater Bank (8 in leadership, 2 in team); the tracked headcount is 290.
| Name | Role | Group |
|---|---|---|
Jerry Baack | President, CEO & Chairman | Leadership |
Lisa Jacobson | VP Product Management | Leadership |
Pam Gordley | Executive Assistant To The President And CFO | Leadership |
Austin W. | Vice President Of Information Security Officer | Leadership |
Mark Hokanson | Chief Technology Officer | Leadership |
Joe Chybowski | President & Chief Financial Officer | Leadership |
Zach Schroeder | Vice President Commercial Lending | Leadership |
Jon Clevenger | Vice President - Commerical Lending | Leadership |
Jodi Schwagerl | Benefits & Payroll Manager | Team |
Maren Sundby | Branch Lead | Team |
Complete people profiles for Bridgewater Bank
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IPO & Listings of Bridgewater Bank
Bridgewater Bank is a publicly listed company on the NASDAQ with ticker symbol BWB in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date14 Mar 2018
- Listed onNASDAQ: BWB
- Listed entityBridgewater Bancshares, Inc.
- Exchange sectorFinance
- ISINUS1086211034
- Share price$20.37 (-0.24% on the day) · 2026-10-13
- Market capitalisation$568.0M
- Price to earnings11.1
- EPS (diluted, trailing year)$1.84
- Volume (last session)64,629
Financials of Bridgewater Bank
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $291.1M | $46.1M | |
| 2024 | $251.4M | $32.8M | |
| 2023 | $228.1M | $40.0M | |
| 2022 | $170.0M | $53.4M | |
| 2021 | $134.2M | $45.7M |
Detailed financial statements for Bridgewater Bank
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Investments & Acquisitions by Bridgewater Bank
Bridgewater Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include First Minnetonka City Bank.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Commercial bank | fmcbank.com | Minnetonka, United States | 1964 | Dec 2024 | •••• |
Complete acquisition details for Bridgewater Bank
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Timeline of Bridgewater Bank
5 dated milestones of Bridgewater Bank across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Bridgewater Bank is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Debt – Conventional, of $25.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires First Minnetonka City Bank.
Competitors of Bridgewater Bank
Bridgewater Bank has 3 listed competitors in our database, 1 of them funded. They include Truist, First Republic Bank and Equity Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| firstrepublic.com | 1985 | San Francisco, United States | 7,065 | Commercial bank | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. |
Detailed competitors of Bridgewater Bank
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Web traffic of Bridgewater Bank
The website of Bridgewater Bank (bridgewaterbankmn.com) receives about 39.7K visits a month and ranks #630,740 among all websites worldwide, #7,926 in Banking Credit and Lending.
- Monthly visits39.7K
▼ 1% vs previous month
- Unique visitors7.1K
per month
- Global rank#630,740
among all websites
- Category rank#7,926
Finance · Banking Credit and Lending
- Bounce rate13%
- Pages per visit4.2
- Average visit4 min 33 sec
- DevicesDesktop 89% · Mobile 11%
Websites whose visitors overlap most with Bridgewater Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
highlandbanks.com | highlandbanks.com | 100% | – | ||
| capstarbank.com | 96% | View details | |||
| bridgewatersavings.com | 96% | View details | |||
| repcobank.com | 95% | 15.1K | #1,677,208 | View details | |
fsbcarthage.com | fsbcarthage.com | 95% | #4,909,791 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Bridgewater Bank
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Frequently Asked Questions about Bridgewater Bank
Bridgewater Bank was founded in 2005 and raised its 1st funding round 3 years after it was founded.
Bridgewater Bank is headquartered in Bloomington, United States. It is registered at Bloomington, Indiana, United States.
Bridgewater Bank is a funded company, having raised a total of $49.63M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Apr 2008.
Bridgewater Bank has 290 employees.
Annual revenue of Bridgewater Bank is $291.09M as on Dec 31, 2025.
Bridgewater Bank was established in 2005 in Bloomington, United States, as a commercial bank. Operations focus on offering deposit accounts, loans, and treasury management services to small and medium-sized businesses, alongside personal banking options. The bank serves clients primarily in the Midwest region through its physical branches and online platforms. Regulatory compliance is maintained under U.S. banking standards, with emphasis on community-oriented financial solutions.
Bridgewater Bank's top competitors include Truist, First Republic Bank and Equity Bank.
Yes, Bridgewater Bank is publicly traded on NASDAQ under the ticker symbol BWB.
Bridgewater Bank has made 1 acquisition, including First Minnetonka City Bank.
Bridgewater Bank has 4 investors. Key investors include EJF Investments, Endeavour Capital Advisors, GCP Capital Partners, and Castle Creek Capital.