ST. LOUIS PARK, Minn. (AP) — ST. LOUIS PARK, Minn. (AP) — Bridgewater Bancshares, Inc. (BWB) on Tuesday reported third-quarter earnings of $11.6 million.
The St. Louis Park, Minnesota-based bank said it had earnings of 38 cents per share. Earnings, adjusted for one-time gains and costs, came to 39 cents per share.
The company posted revenue of $75.7 million in the period. Its revenue net of interest expense was $36.2 million, which missed Street forecasts.
Bridgewater shares have risen 30% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $17.50, a climb of 19% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BWB at https://www.zacks.com/ap/BWB
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