BLOOMINGTON, Minn. (AP) _ Bridgewater Bancshares, Inc. (BWB) on Thursday reported third-quarter earnings of $7.2 million.

The bank, based in Bloomington, Minnesota, said it had earnings of 25 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.

The company posted revenue of $29.7 million in the period. Its revenue net of interest expense was $22.8 million, which missed Street forecasts.

Bridgewater Bancshares shares have declined 18% since the beginning of the year. The stock has declined slightly more than 9% in the last 12 months.

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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