Bridgewater Bancshares, Inc. [BWBBP]
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BWBBP represents a preferred stock issued by Bridgewater Bancshares, Inc., a Minneapolis-based bank holding company. Preferred stock is a class of equity security that typically provides holders with priority over common stockholders in receiving dividends and claims on assets during liquidation. Preferred shares generally pay fixed dividends on a regular schedule and do not carry voting rights. This preferred stock offering allows Bridgewater Bancshares to raise capital while maintaining flexibility in its capital structure. Preferred stockholders receive their stated dividend payments before any dividends can be distributed to common shareholders, making this security attractive to income-focused investors seeking more stable and predictable returns than common stock. The preferred stock represents an ownership interest in Bridgewater Bancshares, which operates Bridgewater Bank serving commercial banking clients in the Twin Cities metropolitan area. Investors in preferred securities should review the specific terms, dividend rates, redemption provisions, and other features outlined in the company's offering documents.