Hawthorn Bancshares (NASDAQ:HWBK) Announces Earnings Results

Hawthorn Bancshares (NASDAQ:HWBK) issued its quarterly earnings results on Wednesday. The financial services provider reported $0.98 EPS for the quarter, FiscalAI reports. Hawthorn Bancshares had a net margin of 22.14% and a return on equity of 15.24%. The business had revenue of $17.11 million for the quarter.

Hawthorn Bancshares Trading Down 0.3%

Shares of Hawthorn Bancshares stock traded down $0.10 on Friday, hitting $33.53. The stock had a trading volume of 12,626 shares, compared to its average volume of 7,157. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.87. Hawthorn Bancshares has a one year low of $27.07 and a one year high of $36.49. The stock has a market cap of $230.99 million, a price-to-earnings ratio of 9.21 and a beta of 0.47. The stock’s 50-day simple moving average is $33.76 and its two-hundred day simple moving average is $33.14.

Hawthorn Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be issued 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 currently 23.08%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets bought a new position in shares of Hawthorn Bancshares in the second quarter worth approximately $25,000. Kestra Advisory Services LLC bought a new position in shares of Hawthorn Bancshares in the fourth quarter worth approximately $50,000. Bank of America Corp DE grew its holdings in shares of Hawthorn Bancshares by 3,777.6% in the second quarter. Bank of America Corp DE now owns 2,598 shares of the financial services provider’s stock worth $76,000 after purchasing an additional 2,531 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Hawthorn Bancshares by 1,725.8% in the second quarter. JPMorgan Chase & Co. now owns 2,757 shares of the financial services provider’s stock worth $80,000 after purchasing an additional 2,606 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Hawthorn Bancshares in the second quarter worth approximately $93,000. Institutional investors own 30.73% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Hawthorn Bancshares in a research report on Friday, March 27th. Wall Street Zen upgraded shares of Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Hawthorn Bancshares Company Profile

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.