Bridgewater Bancshares (BWB) reported Q2 adjusted earnings late Tuesday of $0.45 per diluted share, up from $0.37 a year earlier.

Four analysts polled by FactSet expected $0.45.

Revenue for the three months ended June 30, defined as net interest income plus noninterest income, rose to $40.9 million from $36.1 million a year earlier.

Three analysts expected $41.4 million.