Bridgewater Bancshares, Inc. (NasdaqCM:BWB) will look for acquisition opportunities. Bridgewater's Chief Executive Officer and President Jerry Baack said, "While we will continue to use the capital to support Bridgewater's organic growth and opportunistic acquisition opportunities, if at times we perceive the market price of Bridgewater's common stock does not accurately reflect Bridgewater's value, this program provides Bridgewater the ability to repurchase its stock."
Bridgewater Bancshares, Inc. is a financial holding company with one wholly owned subsidiary: Bridgewater Bank (the Bank). The Bank focuses primarily on commercial lending, consisting of loans secured by nonfarm, nonresidential properties, loans secured by multifamily residential properties, nonowner occupied single family residential properties, construction loans, land development loans and commercial and industrial loans. It offers loan and deposit products primarily for commercial clients. The Bank has developed a suite of deposit products targeted at commercial clients, including a variety of remote deposit and cash management products, along with commercial transaction accounts. The Bank also offers consumers traditional retail deposit products through its branch network, along with online, mobile, and direct banking channels. The Bank has seven full-service offices located in Bloomington, Greenwood, Minneapolis (two), St. Louis Park, Orono, and St. Paul, Minnesota.
BRIDGEWATER BANCSHARES, INC. 
