Bridgewater Bancshares Preferred Stock 5.875% Perpetual (BWBBP)

Overview

Bridgewater Bancshares, Inc. functions as the parent company of Bridgewater Bank, which specializes in providing a wide array of banking services to a diverse client base including commercial real estate investors, entrepreneurs, various businesses, and individual customers across the United States. Since its incorporation in 2005, and with its headquarters situated in Saint Louis Park, Minnesota, the company has been committed to delivering financial solutions tailored to the unique needs of its clients. Bridgewater Bank's services extend from savings and deposit offerings to extensive loan products, alongside digital banking services for the convenience of its customers.

Products and Services

• Savings and Money Market Accounts

These accounts offer customers a safe and secure platform to save their funds while earning interest. Designed for both individual and business clients, these accounts provide flexibility and easy access to funds.

• Demand Deposits

This service allows customers immediate access to their funds without prior notice. Ideal for managing daily transactions, demand deposits offer both convenience and liquidity to customers.

• Time and Brokered Deposits, Certificates of Deposit

For customers looking for fixed-term investment opportunities, these deposit options offer competitive returns on investments. These are perfect for those who are looking to maximize their earning potential over a specified period.

• Commercial Loans

Bridgewater Bank provides tailor-made commercial loans for businesses of all types, including sole proprietorships and corporations. These loans are designed to finance working capital needs, capital investments, or any other business purposes.

• Paycheck Protection Program Loans

In response to the COVID-19 pandemic, Bridgewater Bank offers loans under the Paycheck Protection Program to assist businesses in maintaining their workforce during challenging times.

• Construction and Land Development Loans

These loans cater to developers and investors looking to finance construction projects or land acquisition. The bank offers financial solutions to support both small and large-scale development projects.

• 1-4 Family Mortgage Loans

Offering mortgage loans for 1-4 family residential properties, Bridgewater Bank supports individuals and families in purchasing their dream homes through flexible financing options.

• Multifamily Lending Products

For investors and developers of apartment buildings and other multifamily properties, the bank provides specialized lending products to support these large-scale housing projects.

• Owner and Non-Owner Occupied Commercial Real Estate Loans

These loans are available for purchasing, refinancing, or renovating commercial properties, whether they are owner-occupied or investment properties.

• Consumer and Other Loans

Beyond its commercial and real estate lending, Bridgewater Bank also offers a variety of consumer loans to meet the personal financing needs of its customers.

• Online, Mobile, and Direct Banking Services

Understanding the need for convenient banking solutions, Bridgewater Bank offers comprehensive online and mobile banking services, enabling customers to manage their finances effectively and securely from anywhere.