Bridgewater Bancshares, Inc. Declares Preferred Stock Dividend

About this update from Bridgewater Bancshares, Inc.

ST. LOUIS PARK, Minn. --(BUSINESS WIRE)-- Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank , today announced that its Board of Directors has declared a quarterly cash dividend on its 5.875% Non-Cumulative Perpetual Preferred Stock, Series A (“Series A Preferred Stock”). The quarterly cash dividend of $42.43 per share, equivalent to $0.4243 per depositary share, each representing a 1/100th interest in a share of the Series A Preferred Stock (Nasdaq: BWBBP), is payable on December 1, 2021 to shareholders of record of the Series A Preferred Stock at the close of business on November 15, 2021 . About Bridgewater Bridgewater Bancshares, Inc. is a St. Louis Park, Minnesota -based financial holding company. Bridgewater’s primary banking subsidiary, Bridgewater Bank , is a premier, full-service Twin Cities bank dedicated to serving the diverse needs of commercial real estate investors, entrepreneurs, business clients and high-net-worth individuals. By pairing a range of deposit, lending and business services solutions with a responsive service model, Bridgewater has seen continuous growth and profitability. With total assets of $3.2 billion and seven branches as of June 30, 2021 , Bridgewater is considered one of the largest locally led banks in the State of Minnesota , and has received numerous awards for its growth, banking services and esteemed corporate culture. View source version on businesswire.com : https://www.businesswire.com/news/home/20211026006270/en/ Media Contact: Jessica Stejskal | SVP Marketing [email protected] | 952.893.6860 Investor Contact: Justin Horstman | Director of Investor Relations [email protected] | 952.542.5169 Source: Bridgewater Bancshares, Inc.

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