Hawthorn Bancshares, Inc. HWBK

38.16 (0.15) (0.39%) as of 25 Sep
Market cap
$264.4M
P/E
10.0×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.05
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — 1 —
Sell — — — — — — — — — — — —
Insider Ownership 10.38%

Capital & Financial Ratios

Market Cap 264.36
Revenue 115.21
Net Income 25.39
Free Cash Flow 29.88
Net Debt 45.11
Current Ratio 0.97
Debt/Equity 0.43
P/E ratio 9.96
P/S ratio 2.28
P/B ratio 1.44
Past 5Y EPS Growth 3.51%
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.30
Annual Dividend Rate 0.68
Annual Dividend Yield 2.86%
total individual payouts
2026 0.63
0.21
0.21
0.21
2025 0.79
0.19
0.20
0.20
0.20
2024 0.74
0.17
0.19
0.19
0.19
2023 0.67
0.16
0.16
0.17
0.17
2022 0.62
0.14
0.16
0.16
0.16
2021 0.53
0.12
0.13
0.14
0.14
2020 0.43
0.10
0.10
0.11
0.12
2019 0.39
0.08
0.10
0.10
0.10
2018 0.30
0.06
0.08
0.08
0.08
2017 0.21
0.05
0.05
0.06
0.06
2016 0.16
0.04
0.04
0.04
0.05
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 93 52 105 34
Receivables — — — —
Inventory — — — —
Other — — — —
1,644 1,530 1,604 1,463
2023 2024 2025 Q'26
Payables 1,571 1,533 1,554 1,488
ST’ Debt — — — —
Other — — — —
1,582 1,543 1,565 1,507
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 7.39% 7.51% 10.43%
Cash Flow 7.27% 5.07% 9.90%
Earnings 10.72% 10.74% 4.68%
Book Value 7.16% 5.94% 11.00%

Revenue

Mar Jun Sep Dec Year
’26 27 30 — — —
’25 27 27 29 29 112
’24 27 28 28 27 110
’23 24 24 24 16 88
’22 19 20 21 23 83
’21 21 20 21 20 81
’20 18 19 21 20 78
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 8 10 — — —
’25 6 6 0 15 27
’24 6 9 9 2 26
’23 3 4 5 5 18
’22 4 2 8 6 20
’21 4 9 7 11 30
’20 (1) 1 9 11 21
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 6 11 — — —
’25 6 5 (1) 13 23
’24 5 8 9 1 23
’23 3 4 4 5 16
’22 3 2 7 6 18
’21 3 9 6 11 30
’20 (1) 1 9 11 19
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.98 1.06 — — —
’25 0.77 0.88 0.88 0.90 3.43
’24 0.63 0.66 0.66 0.66 2.61
’23 0.46 0.36 0.36 (1.05) 0.14
’22 0.92 0.63 0.70 0.67 2.94
’21 0.82 0.68 0.81 0.83 3.14
’20 0.12 0.45 0.68 0.71 1.96
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
11.88 14.46 17.78 18.91 12.44 16.71 20.25 15.02 17.86 25.21

Analyst estimates 2026–2028

Powerpack
Low Price
15.74 20.67 23.00 26.46 24.03 24.09 25.58 25.78 34.00 36.49
High Price
343 349 301 294 306 309 320 284 268 266
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
55 60 67 75 78 81 83 88 110 112
Revenue
89.69% 86.63% 80.43% 79.72% 87.54% 92.74% 87.39% 62.68% 66.48% 71.65%
Gross Margin
11 11 12 20 17 28 25 0 22 29
EBT
20.08% 18.89% 18.38% 26.54% 22.40% 34.67% 30.15% 0.49% 20.39% 25.96%
EBT Margin
7 3 11 16 14 23 21 1 18 24
Net Income
4 3 3 3 4 4 3 3 2 3
Depreciation
7.41 8.13 9.19 10.24 10.71 11.39 11.78 12.50 15.67 16.17
Revenue/Sh
0.98 0.47 1.46 2.20 1.96 3.14 2.94 0.14 2.61 3.44
Earnings/Sh
1.82 1.69 2.22 2.64 2.89 4.23 2.87 2.50 3.66 3.88
Cash Flow/Sh
(0.17) (0.17) (0.32) (0.29) (0.23) (0.08) (0.32) (0.27) (0.37) (0.57)
Capex/Sh
1.66 1.52 1.91 2.35 2.66 4.15 2.55 2.23 3.29 3.31
Free CF/Sh
12.27 12.40 13.56 15.69 17.93 20.84 18.04 19.33 21.36 25.13
Book Value/Sh
7 7 7 7 7 7 7 7 7 7
Shares
16.24 40.43 13.32 10.73 10.29 7.62 7.42 193.92 10.86 10.14
PE Ratio
2.14 2.26 2.12 2.30 1.89 2.11 1.85 2.04 1.81 2.16
PS Ratio
1.29 1.48 1.43 1.50 1.13 1.15 1.21 1.32 1.33 1.39
PB Ratio
4.25 4.01 3.46 3.07 1.46 1.64 2.58 2.76 2.53 2.57
EV/Sales
19.02 21.39 16.65 13.37 5.88 4.49 11.90 15.46 12.06 12.55
EV/FCF
14 12 16 19 21 30 20 18 26 27
Op' Cash Flow
(1) (1) (2) (2) (2) (1) (2) (2) (3) (4)
Capex
12 11 14 17 19 30 18 16 23 23
FCF
(46) (24) (29) 37 41 (82) (37) 62 (13) 39
Working Cap'
143 171 145 146 156 127 147 156 131 152
Total Debt
116 105 90 57 (34) (38) 61 63 79 46
Net Debt
91 91 99 115 131 149 127 136 150 174
Sh' Equity
0.59% 0.25% 0.74% 1.08% 0.89% 1.26% 1.11% 0.05% 0.99% 1.28%
ROA
3.33% 3.61% 4.08% 7.23% 11.26% 15.92% 8.33% 0.14% 6.11% 8.25%
ROIC
8.17% 3.74% 11.23% 15.03% 11.64% 16.11% 15.02% 0.73% 12.78% 14.70%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Hawthorn Bancshares, Inc. (HWBK) key facts

  • Hawthorn Bancshares, Inc. (HWBK) is a Banks Regional company in the Financial sector, listed on Nasdaq.
  • Hawthorn Bancshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $112.1 million, up 2.20% from fiscal 2024.
  • As of September 25, 2026, HWBK traded at $38.16, a market capitalization of $264.4 million.
  • Hawthorn Bancshares, Inc. pays an annual dividend of $0.68 per share, a yield of 2.86%, with a payout ratio of 30.0%.
  • Return on equity was 14.7% and debt-to-equity 0.43.

Source: company filings (standardised) and stockrow calculations.

Hawthorn Bancshares, Inc. (HWBK) Latest News

News by impact score

Fine-tune

4 Sep

4

Hawthorn Bancshares completes merger with FSC Bancshares. Merger completion expands Hawthorn Bancshares operations and market reach substantially.

5 Aug

3

Hawthorn Bancshares net income rose in Q2 prompting post-earnings stock gains. Q2 net income rise produced immediate stock gains yet amounts to routine earnings update without altering long-term trajectory.

29 Jul

3

Hawthorn Bancshares reported its second quarter 2026 results. Quarterly earnings provide financial metrics that can influence stock performance.

6 May

3

Hawthorn Bancshares, Inc. (HWBK) stock dipped after Q1 earnings release despite gains in net interest margin. Q1 earnings revealed NIM improvements but triggered stock decline, signaling moderate influence on financial performance and investor sentiment.

3

Hawthorn Bancshares (NASDAQ:HWBK) delivers EPS growth alongside other strengths, positioning it as a compelling investment case. EPS growth highlights improved financial performance with moderately noticeable effects on future trajectory and investor sentiment.

29 Apr

4

Hawthorn Bancshares, Inc. (HWBK) announces acquisition of FSC Bancshares, Inc. to expand its banking presence across Missouri. Acquisition of FSC Bancshares expands HWBK's Missouri footprint, boosting assets, customer base, and market position.

3

Hawthorn Bancshares, Inc. (HWBK) reported first quarter 2026 financial results. Quarterly earnings disclosure impacts financial performance and investor sentiment moderately.

2 Feb

4

Hawthorn Bancshares, Inc. (HWBK) reported gains in its stock following the release of its Q4 earnings, highlighting an expansion in its net interest margin. The financial results indicate a positive trend for the company, suggesting improved profitability and operational efficiency. The expansion of net interest margin is a significant indicator of financial health and could positively influence investor sentiment and future performance.

1 Feb

3

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) has announced an increase in its dividend to $0.21 per share. This decision reflects the company's ongoing commitment to returning value to its shareholders and indicates positive financial health. The dividend increase suggests a moderately noticeable influence on investor sentiment and financial performance.

28 Jan

4

Hawthorn Bancshares, Inc. (HWBK) reported its Q4 earnings, showcasing a notable increase in net income compared to the previous year. The bank's performance was driven by growth in loans and deposits, alongside improved net interest margins. Management highlighted strategic initiatives aimed at enhancing operational efficiency and expanding market presence. The results reflect a positive trajectory for the company amidst a competitive banking landscape. The significant increase in net income and strategic initiatives indicate a likely positive shift in the company's future performance and market positioning.

3

Hawthorn Bancshares, Inc. (HWBK) reported its financial results for the fourth quarter and the year ending December 31, 2025. The company highlighted key metrics including net income, earnings per share, and total assets, showcasing growth compared to the previous year. Management provided insights into strategic initiatives and market conditions that influenced performance, emphasizing a positive outlook for the upcoming year. Financial results indicate moderate growth and strategic initiatives that may influence future performance.

3

Hawthorn Bancshares, Inc. (HWBK) has announced a cash dividend of $0.12 per share, payable on December 1, 2023, to shareholders of record as of November 15, 2023. This dividend reflects the company's ongoing commitment to returning value to its shareholders and indicates a stable financial position. The dividend announcement suggests a stable financial performance but does not indicate significant changes in the company's strategic direction.

22 Jan

4

Hawthorn Bancshares, Inc. (HWBK) reported its Q4 earnings, showcasing a notable performance with increased revenues and improved net income compared to the previous quarter. The bank's strategic initiatives and operational efficiencies contributed to these positive results, reflecting a strong financial position. Management expressed optimism about future growth prospects and plans to enhance shareholder value through continued investments and potential expansions. The reported earnings and management's outlook indicate significant potential for future growth and strategic developments.

3

Zacks has initiated coverage of Hawthorn Bancshares, Inc. (HWBK) with a neutral recommendation, indicating a balanced outlook on the company's performance and market position. This coverage suggests that while there may be potential for growth, there are also factors that could limit significant upward movement in the stock's value. The neutral recommendation indicates a moderately noticeable influence on market sentiment and performance expectations.

3

Hawthorn Bancshares, Inc. (HWBK) reported its financial results for the fourth quarter and the year ending December 31, 2024. The company highlighted key metrics, including net income, earnings per share, and loan growth, reflecting its performance amidst market conditions. Management provided insights into strategic initiatives and future outlook, emphasizing their commitment to enhancing shareholder value. The reported financial results indicate moderate growth and strategic initiatives that may influence future performance.

27 Nov

4

Hawthorn Bancshares, Inc. (HWBK) has demonstrated notable earnings per share (EPS) growth, indicating a positive trend in financial performance. The company is positioned well within its market, showcasing strong fundamentals and potential for future growth. Investors may find HWBK an appealing option due to its solid financial metrics and growth prospects, suggesting a favorable outlook for the bank's operations and market presence. Significant EPS growth and strong fundamentals indicate a likely positive shift in the company's trajectory and investor sentiment.

31 Oct

3

Hawthorn Bancshares, Inc. (HWBK) has reported a significant surge in margins, reinforcing a bullish outlook despite a muted growth forecast. The company's financial performance indicates resilience, with improved profitability metrics that may attract investor interest. However, the overall growth outlook remains cautious, suggesting that while margins are strong, broader economic factors could limit expansion. Analysts are closely monitoring these developments as they assess the bank's future trajectory in a challenging market environment. The margin surge indicates improved financial performance, but the muted growth outlook suggests limited overall impact on future trajectory.

29 Oct

4

Hawthorn Bancshares, Inc. (HWBK) reported its Q3 earnings, showcasing a notable increase in net income compared to the previous year. The bank's total assets and deposits also saw significant growth, reflecting strong operational performance. Management highlighted strategic initiatives aimed at enhancing customer service and expanding market reach. The earnings report indicates a positive outlook for the bank's future performance, driven by effective cost management and a focus on core banking services. The significant growth in net income and assets suggests a strong operational performance that could positively influence investor sentiment and market positioning.

4

Hawthorn Bancshares, Inc. (HWBK) reported its financial results for the third quarter of 2025, highlighting an increase in net income and improved asset quality. The bank's total assets grew, driven by strong loan demand and effective cost management. Additionally, the company announced a dividend increase, reflecting its commitment to returning value to shareholders. Management expressed optimism about future growth prospects, citing strategic initiatives and a favorable economic environment. The reported financial improvements and strategic initiatives indicate a significant positive shift in the company's performance and outlook.

11 Sep

4

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) has delivered an impressive 115% return to its investors over the past five years, reflecting strong performance and growth in the company's operations. This substantial return highlights the effectiveness of the bank's strategies and its ability to navigate market challenges successfully. The significant return indicates strong financial performance and investor confidence, suggesting potential for continued growth.

1 Aug

3

Hawthorn Bancshares, Inc. (HWBK) reported second quarter 2025 earnings with earnings per share (EPS) of $0.88, an increase from $0.66 in the same quarter of 2024. This growth reflects the company's improved financial performance year-over-year. The increase in EPS indicates a moderately noticeable improvement in financial performance, which may positively influence market sentiment.

30 Jul

4

Hawthorn Bancshares, Inc. (HWBK) reported its financial results for the second quarter of 2025, highlighting a significant increase in net income and improved asset quality. The bank's total assets grew, driven by strong loan demand and effective cost management. Additionally, the company announced plans for strategic investments to enhance its digital banking services, aiming to better serve its customers and expand its market presence. Overall, the results reflect a positive trajectory for HWBK amidst a competitive banking landscape. The reported financial growth and strategic investments are likely to significantly impact the company's future performance and market positioning.

30 Jun

4

Hawthorn Bancshares, Inc. (NASDAQ: HWBK) has been included in the Russell 3000® and Russell 2000® Indexes as of June 30, 2025. This inclusion reflects the company's growth and enhances its visibility in the investment community. The Russell 3000 comprises the largest 3,000 U.S. public companies, while the Russell 2000 focuses on small-cap firms. The indexes are widely used by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against them. Inclusion in the Russell indexes is likely to significantly enhance the company's visibility and attract investment.

5 Jun

3

Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced a new common stock repurchase program, authorizing the repurchase of up to $10.0 million in market value of its common stock, replacing the previous program. Management will determine the timing, number, and pricing of shares to be purchased, which may occur through open market purchases or private transactions. The program has no termination date and can be suspended or discontinued at any time. Repurchased shares will be held in treasury for corporate purposes, including employee benefit plans. As of June 3, 2025, the company had 6,946,656 common shares outstanding. The stock repurchase program may positively influence investor sentiment and financial performance, but its overall effect is expected to be limited.

2 Jun

4

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) will increase its dividend to $0.20 on July 1, resulting in an annual yield of 2.8%. The company has a strong dividend history, with a payout ratio of 28%, indicating sustainability. Earnings per share are projected to rise by 10.5% over the next year, potentially increasing the payout ratio to 29%. The dividend has grown from $0.141 in 2015 to $0.80, reflecting a 19% annual growth rate. Overall, the company is viewed as a strong income stock due to its stable dividend policy and growing earnings. The dividend increase and strong earnings growth are likely to significantly enhance investor sentiment and the company's market performance.

4 May

3

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) has announced an increase in its dividend to $0.20 per share. This decision reflects the company's commitment to returning value to its shareholders and indicates a positive outlook on its financial health. The dividend increase suggests a moderately positive influence on investor sentiment and financial performance.

3 May

3

Hawthorn Bancshares (NASDAQ:HWBK) reported its First Quarter 2025 results, showing revenue of US$19.1 million, a 6.1% increase from 1Q 2024, and net income of US$5.38 million, up 21% year-over-year. The profit margin improved to 28% from 25% in the previous year, driven by higher revenue. Earnings per share (EPS) rose to US$0.77 from US$0.63 in 1Q 2024. Despite these positive results, Hawthorn Bancshares shares have declined by 2.4% over the past week. A warning sign regarding the company has also been noted. The financial improvements indicate a moderately noticeable influence on performance, but the recent share decline and warning sign suggest potential limitations.

30 Apr

4

Hawthorn Bancshares, Inc. (HWBK) reported its Q1 earnings, showcasing a notable increase in net income compared to the previous year. The bank's performance was driven by growth in loans and deposits, alongside improved net interest margins. Management expressed optimism about future growth prospects, citing strategic initiatives aimed at expanding their market presence. Overall, the results reflect a positive trajectory for the company amidst a competitive banking landscape. The significant increase in net income and growth in loans and deposits indicate a strong performance that could positively influence investor sentiment and future operations.

4

Hawthorn Bancshares, Inc. (HWBK) reported its financial results for the first quarter of 2025, highlighting a significant increase in net income compared to the previous year. The bank's total assets grew, driven by strong loan growth and improved deposit levels. Management emphasized their commitment to strategic initiatives aimed at enhancing operational efficiency and customer service. The results reflect a positive trend in the bank's performance, positioning it favorably in the competitive landscape. The significant increase in net income and asset growth indicates a strong performance that could positively influence investor sentiment and market positioning.

16 Feb

3

Hawthorn Bancshares, Inc. (NASDAQ:HWBK) has seen its share price rise 76% over the last five years, which is below the market average, but the total shareholder return (TSR) including dividends is 104%. The company's earnings per share (EPS) grew at 3.5% annually, lower than the share price increase, indicating positive market sentiment. In the past year, shareholders enjoyed a 57% TSR, suggesting recent positive sentiment and potential business momentum. However, there are warning signs to consider. The article highlights positive shareholder returns and market sentiment, but also notes potential risks that could limit overall impact.

stockrow.com/HWBK · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com