Bridgewater Bank announces Q2 2026 financial results
Net income of $14.0 million or $0.45 per diluted share, with net interest margin expanding to 3.07%.
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In short: Bridgewater Bank earned an Outstanding CRA rating and reported $14.0 million in Q2 2026 net income, though earnings trailed estimates.
Net income of $14.0 million or $0.45 per diluted share, with net interest margin expanding to 3.07%.
The FDIC rating reflects $534 million in community development loans, 99% for affordable housing, and a 37% increase in investments.
The bank attributes this to its people-first culture since 2005.
Net income was $17.4 million, net interest margin expanded to 2.99%, and asset quality remained strong.
Bridgewater Bancshares, Inc is the bank holding company for Bridgewater Bank, a New Jersey-chartered community bank founded in 2006. Headquartered in Bridgewater, New Jersey, the...
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