Bridgewater Bancshares Completes Regulatory Approvals for First Minnetonka City Bank Acquisition-February 2024-www.financetom.com

Bridgewater Bancshares Completes Regulatory Approvals for First Minnetonka City Bank Acquisition

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Bridgewater Bancshares Completes Regulatory Approvals for First Minnetonka City Bank Acquisition

Oct 23, 2024 7:38 AM

10:26 AM EDT, 10/23/2024 (MT Newswires) -- Bridgewater Bancshares ( BWB ) and First Minnetonka City Bank said Wednesday that they have secured all necessary regulatory approvals to complete Bridgewater's acquisition of First Minnetonka City Bank.

The approvals include those from the Federal Deposit Insurance Corporation and the Minnesota Department of Commerce.

The companies said they expect to close the transaction in Q4.

Shares of Bridgewater Bancshares ( BWB ) were up nearly 2% in recent trading.

Price: 15.31, Change: +0.25, Percent Change: +1.66

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