Hawthorn Bancshares (NASDAQ:HWBK) Posts Quarterly Earnings Results

Hawthorn Bancshares (NASDAQ:HWBK) released its quarterly earnings data on Wednesday. The financial services provider reported $0.98 earnings per share for the quarter, FiscalAI reports. The business had revenue of $17.11 million during the quarter. Hawthorn Bancshares had a return on equity of 14.66% and a net margin of 21.26%.

Hawthorn Bancshares Price Performance

Shares of HWBK stock traded down $0.23 on Thursday, reaching $33.46. 9,113 shares of the company were exchanged, compared to its average volume of 7,023. Hawthorn Bancshares has a 1 year low of $27.07 and a 1 year high of $36.49. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.02 and a current ratio of 1.03. The business has a 50-day moving average price of $33.78 and a 200 day moving average price of $33.13. The company has a market cap of $230.52 million, a price-to-earnings ratio of 9.75 and a beta of 0.47.

Hawthorn Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a $0.21 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.84 annualized dividend and a dividend yield of 2.5%. Hawthorn Bancshares’s dividend payout ratio (DPR) is 24.49%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on HWBK shares. Weiss Ratings restated a “hold (c)” rating on shares of Hawthorn Bancshares in a research report on Friday, March 27th. Wall Street Zen raised shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Hawthorn Bancshares currently has an average rating of “Hold”.

Institutional Investors Weigh In On Hawthorn Bancshares

Large investors have recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in shares of Hawthorn Bancshares by 101.3% during the second quarter. Geode Capital Management LLC now owns 143,777 shares of the financial services provider’s stock valued at $4,191,000 after acquiring an additional 72,343 shares during the last quarter. Jane Street Group LLC purchased a new position in Hawthorn Bancshares in the 1st quarter worth approximately $457,000. Arrowstreet Capital Limited Partnership acquired a new position in Hawthorn Bancshares during the second quarter worth $455,000. Goldman Sachs Group Inc. grew its holdings in shares of Hawthorn Bancshares by 150.7% in the first quarter. Goldman Sachs Group Inc. now owns 20,460 shares of the financial services provider’s stock valued at $578,000 after purchasing an additional 12,299 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its stake in shares of Hawthorn Bancshares by 44.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 32,430 shares of the financial services provider’s stock valued at $1,131,000 after buying an additional 10,055 shares during the period. 30.73% of the stock is currently owned by hedge funds and other institutional investors.

About Hawthorn Bancshares

Hawthorn Bancshares, Inc is the bank holding company for Hawthorn Bank, a community-focused financial institution headquartered in Aurora, Missouri. Through its wholly owned subsidiary, the company provides a comprehensive range of banking and financial services to individuals, small businesses, agricultural enterprises and commercial clients across southwest Missouri and select markets in nearby states. Hawthorn Bank operates a network of full-service branches and digital banking platforms designed to meet the evolving needs of its customers.

The company’s core offerings include deposit products such as checking, savings and money market accounts, as well as consumer lending solutions comprising residential mortgages, home equity lines of credit, auto loans and personal loans.