Kroll Bond Rating Agency Assigns BBB Senior Unsecured Debt Rating to Bridgewater Bancshares, Inc.

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) has assigned a senior unsecured debt rating of BBB, subordinated debt rating of BBB-, and short-term debt rating of K3 to Bridgewater Bancshares, Inc. (Bridgewater), a bank holding company headquartered in Bloomington, Minnesota. In addition, KBRA has assigned deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 to the subsidiary bank, Bridgewater Bank. The O