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BLACKHAWK BANCORP INC - BHWB STOCK NEWS

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Blackhawk Bancorp, Inc., headquartered in Beloit, Wisconsin, is the parent company of Blackhawk Bank, offering comprehensive banking services. With ten full-service banking centers across Wisconsin and Illinois, the company focuses on providing value-added financial products and services to business customers and their employees. Recent financial highlights include a 10% increase in net income for the quarter ended June 30, 2023, compared to the preceding quarter. The company's net interest income, noninterest income, and operating expenses are also detailed, showcasing its financial performance and operational efficiency.

Rhea-AI Summary
Blackhawk Bancorp, Inc. has declared a quarterly cash dividend of $0.12 per share on its common stock. Shareholders of record as of July 28, 2023, will receive the dividend on August 11, 2023. This marks the 37th consecutive quarterly dividend declared by the Company.
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FAQ

Where is Blackhawk Bancorp, Inc. headquartered?

Blackhawk Bancorp, Inc. is headquartered in Beloit, Wisconsin.

What is the core business of Blackhawk Bancorp, Inc.?

The company is the parent company of Blackhawk Bank and offers comprehensive banking services.

How many full-service banking centers does Blackhawk Bancorp, Inc. operate?

Blackhawk Bancorp, Inc. operates ten full-service banking centers across Wisconsin and Illinois.

What recent financial highlights has Blackhawk Bancorp, Inc. reported?

Recent financial highlights include a 10% increase in net income for the quarter ended June 30, 2023, compared to the preceding quarter.

What services does Blackhawk Bancorp, Inc. provide to its business customers?

The company offers a variety of value-added consultative services related to financial products to its business customers and their employees.

How does Blackhawk Bancorp, Inc. focus on operational efficiency?

The company details its net interest income, noninterest income, and operating expenses to showcase its financial performance and operational efficiency.

What regions does Blackhawk Bancorp, Inc. serve with its banking services?

Blackhawk Bancorp, Inc. serves communities in Wisconsin and the Illinois counties of Winnebago, Boone, McHenry, and Kane.

What is the recent growth percentage in net income for Blackhawk Bancorp, Inc.?

The company reported a 10% increase in net income for the quarter ended June 30, 2023, compared to the preceding quarter.

What percentage of change has been observed in net interest income for Blackhawk Bancorp, Inc.?

Net interest income for the second quarter of 2023 increased by 8% compared to the second quarter of the prior year.

How does Blackhawk Bancorp, Inc. focus on providing financial products to its customers?

The company offers a variety of financial products and services to its customers, emphasizing value-added consultative services for business clients.

What is the current Return on Average Assets (ROAA) for Blackhawk Bancorp, Inc.?

The company's results for the second quarter of 2023 produced a Return on Average Assets (ROAA) of 0.96%.

BLACKHAWK BANCORP INC

OTC:BHWB

BHWB Rankings

BHWB Stock Data

96.57M
2.63M
33.77%
20.32%
Savings Institutions
Finance and Insurance
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US
Beloit