Mission Statement, Vision, & Core Values of Bridgewater Bancshares, Inc. (BWB)

Ever wondered what drives a successful financial institution like Bridgewater Bancshares, Inc. (BWB)? As of December 31, 2024, Bridgewater Bancshares, Inc. reported total assets of $5.1 billion and operates with nine strategically located branches, marking it as one of the largest locally-led banks in Minnesota.

Understanding the mission, vision, and core values of a company can provide valuable insights into its operations and long-term goals. What exactly does BWB aim to achieve, and what principles guide their actions? Read on to explore the foundational statements that shape this financial powerhouse.

Bridgewater Bancshares, Inc. (BWB) An Overview of

Bridgewater Bancshares, Inc. operates as the bank holding company for Bridgewater Bank, serving the Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area. Established to meet the unique needs of successful individuals and entrepreneurs, the bank offers a range of financial services including:

• Commercial and Small Business Banking
• Private Banking
• Personal Banking
• Treasury Management
• Home Mortgage Solutions

As of recent data, Bridgewater Bank has total assets of $4.3 billion, gross loans of $3.7 billion, and total deposits of $3.4 billion. The bank operates from twelve locations, demonstrating its commitment to serving the local community.

Bridgewater Bancshares, Inc. has demonstrated solid financial performance in its latest reporting period. Despite challenges such as an increase in nonperforming assets, the company has maintained a strong capital position and continues to focus on strategic growth initiatives.

Here are some key financial highlights:

• Net income for the year ended December 31, 2024, was $24.5 million, or $0.97 per diluted share.
• Total assets reached $4.3 billion as of December 31, 2024.
• Gross loans totaled $3.7 billion, while total deposits amounted to $3.4 billion.

Bridgewater Bancshares, Inc. stands as a leader in providing tailored financial solutions to entrepreneurs and businesses. Want to find out more? Dive deeper into why Bridgewater Bancshares, Inc. is successful: Exploring Bridgewater Bancshares, Inc. (BWB) Investor Profile: Who’s Buying and Why?

Bridgewater Bancshares, Inc. (BWB) Mission Statement

Bridgewater Bancshares, Inc. (BWB), the parent company of Bridgewater Bank, is committed to being the 'Finest Entrepreneurial Bank in the Twin Cities'. Founded in 2005, the bank aims to deliver responsive support and simple solutions to businesses, entrepreneurs, and successful individuals.

BWB operates as a full-service bank, offering a range of products and services, including deposits, lending, and treasury management solutions. As of December 31, 2024, Bridgewater Bancshares, Inc. had total assets of $5.1 billion and operates with nine branches.

More information about the company's history and background can be found at Bridgewater Bancshares, Inc. (BWB): History, Ownership, Mission, How It Works & Makes Money.

Core Components of the Mission Statement

The mission statement reflects several core values and strategic objectives. These components guide the company's actions and contribute to its unique position in the market.

• Entrepreneurial Focus: BWB specifically targets entrepreneurs, understanding their unique financial needs and providing tailored solutions.
• Responsive Support: The bank emphasizes a service model built on quick and helpful support, distinguishing it from larger, less flexible institutions.
• Simple Solutions: BWB aims to simplify banking for its clients, allowing them to focus on their businesses.

Vision

The vision of Bridgewater Bank is to see banking differently, challenging the status quo, and providing an unparalleled experience to its clients.

Core Values

Bridgewater Bank's core values include:

• Unconventionality: Bridgewater aims to challenge the status quo in everything it does.
• Responsiveness: Providing quick and helpful support to clients.
• Dedication: A commitment to the bank's mission and values.
• Growth: Focusing on continuous expansion and improvement.
• Accuracy: Ensuring precision and reliability in all banking services.

These values are shared with Alberta Motor Association (AMA) and are rooted in a commitment to provide superior, personal, expert service with integrity.

Bridgewater Bancshares, Inc. (BWB) Vision Statement of

Bridgewater Bancshares, Inc. (BWB) operates with a clear mission, vision, and a defined set of core values. These elements work together to guide the company's strategic direction and daily operations. As of April 2025, understanding these guiding principles provides insight into BWB's goals and how it aims to achieve them. For further exploration into the investor profile of Bridgewater Bancshares, Inc., check out: Exploring Bridgewater Bancshares, Inc. (BWB) Investor Profile: Who’s Buying and Why?

The mission statement of Bridgewater Bancshares, Inc. is to be the premier financial institution serving the diverse needs of our customers and communities by delivering exceptional client service and creating value for our shareholders.

Key aspects of the mission statement include:

• Serving diverse customer needs.
• Delivering exceptional client service.
• Creating value for shareholders.

The vision statement of Bridgewater Bancshares, Inc. is to be the leading bank in the markets we serve by empowering our employees to deliver innovative solutions and build enduring relationships with our clients and communities.

Key components of the vision include:

• Being the leading bank in its markets.
• Empowering employees to deliver innovative solutions.
• Building enduring relationships with clients and communities.

Bridgewater Bancshares, Inc.'s core values are centered around integrity, service, teamwork, and excellence.

These include:

• Integrity: Upholding the highest ethical standards in all actions.
• Service: Committing to exceptional service for clients and communities.
• Teamwork: Working collaboratively to achieve common goals.
• Excellence: Striving for continuous improvement and superior performance.

Bridgewater Bancshares, Inc. (BWB) Core Values of

At Bridgewater Bancshares, Inc. (BWB), a commitment to core values is not just a statement, it's a practice embedded in every facet of the organization. These values guide their actions, shape their culture, and define their relationships with customers, employees, and the community. Here’s a detailed look into how BWB embodies its core values:

Integrity

Integrity at BWB means conducting business with honesty, transparency, and ethical behavior. It's about building trust with all stakeholders through consistent actions and principled decision-making. This commitment is evident in their financial reporting, compliance practices, and customer interactions.

Examples of BWB's commitment to integrity:

• Upholding a strict code of conduct for all employees, ensuring ethical behavior in every transaction and interaction.
• Maintaining transparent financial reporting, providing stakeholders with accurate and reliable information.
• Adhering to all regulatory requirements and compliance standards, demonstrating a commitment to legal and ethical practices.

Customer Focus

BWB places the customer at the center of everything they do. This value is reflected in their efforts to understand customer needs, provide personalized solutions, and deliver exceptional service. By prioritizing customer relationships, BWB aims to build long-term loyalty and become a trusted financial partner.

Examples of BWB's dedication to customer focus:

• Offering personalized banking solutions tailored to meet the unique needs of each customer.
• Providing proactive customer service, anticipating needs and resolving issues promptly and effectively.
• Investing in technology to enhance the customer experience, making banking more convenient and accessible.

Community Engagement

BWB recognizes the importance of giving back to the communities it serves. Through charitable contributions, volunteer efforts, and community development initiatives, BWB actively supports local organizations and promotes economic growth. This commitment to community engagement demonstrates a genuine desire to make a positive impact beyond banking.

Examples of BWB's community engagement initiatives:

• Supporting local non-profits through financial donations and sponsorships.
• Encouraging employee volunteerism, providing opportunities for staff to give back to their communities.
• Investing in community development projects, promoting economic growth and revitalization.

Employee Development

BWB values its employees and invests in their professional growth and development. By providing training, mentorship, and career advancement opportunities, BWB empowers its employees to reach their full potential. This commitment to employee development fosters a culture of excellence, innovation, and teamwork.

Examples of BWB's investment in employee development:

• Offering comprehensive training programs to enhance employee skills and knowledge.
• Providing mentorship opportunities to guide and support employee career growth.
• Promoting from within, recognizing and rewarding employee contributions and achievements.

Innovation

BWB embraces innovation as a means to improve its products, services, and processes. By staying ahead of industry trends and investing in new technologies, BWB seeks to deliver cutting-edge solutions that meet the evolving needs of its customers. This commitment to innovation drives efficiency, enhances competitiveness, and creates value for stakeholders.

Examples of BWB's embrace of innovation:

• Investing in digital banking technologies to enhance the customer experience.
• Developing new products and services to meet the changing needs of the market.
• Streamlining internal processes to improve efficiency and reduce costs.

BWB's dedication to these core values is evident in its daily operations and long-term strategic goals. These values not only shape the company's internal culture but also influence its relationships with customers, communities, and shareholders. For further insights into BWB's financial standing, you might find this resource helpful: Breaking Down Bridgewater Bancshares, Inc. (BWB) Financial Health: Key Insights for Investors.