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22 /100
COMPONENT-LIMITED
Score updated Oct 13, 2026

BWB — Bridgewater Bancshares, Inc. Dilution Risk Tracker

Track BWB dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of October 13, 2026, Bridgewater Bancshares, Inc. (BWB) has a DilutionWatch DilutionScore of 22/100, rated LOW dilution risk. This is a component-limited score because one or more material inputs are unavailable or not applicable. Bridgewater Bancshares, Inc. has a market capitalization of $569.39M, 27.88M shares outstanding, 139 institutional holders tracked. Stored dilution-related fields include ATM program capacity of $50.00M.

This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.

Score Breakdown

📋 Offering Ability
25
💰Cash Runway—
📊 Float Risk
25
⚠️ Warrant Exposure
40
🔄 Convertible Debt
40

Dilution Forecast

☀️
Clear
No significant dilution signals
model est. 9%
💰 Capital Raise model 18%
• Active ATM program with $50M remaining capacity
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Market Data

Market Cap$569.39M
Shares Outstanding27.88M
Float22.27M
Cash$169.81M
Debt$454.33M
Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

FieldCurrent ValueBasis
DilutionScore22/100DilutionWatch score record
Shares Outstanding27.88MVerified float table or market cache
Public Float22.27MVerified float table or market cache
Market Cap$569.39MMarket data cache
Cash RunwayNot applicable / unavailableDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM Capacity$50.00MSEC-derived dilution fields
Outstanding WarrantsNone in current score inputsSEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 5.

Recent SEC source mix: 4 5.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 8.1% shares (2026Q1 vs prior)
139 institutional holders · 18.98M shares
#1 Thrivent Financial for Lutherans 2.25M shares
#2 VANGUARD CAPITAL MANAGEMENT LLC 1.84M shares
#3 BlackRock, Inc. 1.59M shares
+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest656.1K
Days to Cover6.1
% of Float3.0%
FINRA data as of Sep 30, 2026

Recent SEC Activity

4 INSIDER TRANSACTION 2026-05-01
4 INSIDER TRANSACTION 2026-04-17
4 INSIDER TRANSACTION 2026-03-31
4 INSIDER TRANSACTION 2026-03-31
4 INSIDER TRANSACTION 2026-03-31
Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual BWB Dilution Snapshot

Bridgewater Bancshares, Inc. (BWB) has a DilutionScore of 22/100, rated Low dilution risk. Score date: October 13, 2026.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

BWB's DilutionScore is currently 22/100 (Low risk), with 2 score changes tracked over 90 days. The score deteriorated from 25/100 (Low risk).

Period Score Risk Level Duration
Sep 29 – Oct 13, 202622/100LOW15 days
Sep 25 – Sep 28, 202625/100LOW4 days
Jul 16 – Sep 24, 202622/100LOW71 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Share Dilution History

BWB shares outstanding have increased 0.4% from 27.76M (Feb 2026) to 27.88M (May 2026). Each increase represents potential dilution to existing shareholders.

Date Shares Outstanding Public Float Change
May 24, 202627.88M22.27M▲ 0.03%
May 23, 202627.88M22.26M▲ 0.03%
May 16, 202627.88M22.26M▼ 0.07%
May 09, 202627.88M22.27M▲ 0.05%
May 06, 202627.88M22.26M▲ 0.18%
Apr 23, 202627.83M22.22M▲ 0.03%
Apr 20, 202627.82M22.21M▼ 0.03%
Apr 13, 202627.82M22.22M▼ 0.02%
Apr 04, 202627.82M22.22M▼ 0.09%
Mar 17, 202627.82M22.24M▲ 0.46%
Mar 05, 202627.76M22.14M▲ 0.06%
Feb 14, 202627.76M22.06M—

Share counts sourced from verified regulatory filings. Increases indicate dilution events.

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Score Coverage Note