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Hawthorn Bancshars Inc. - HWBK STOCK NEWS

Welcome to our dedicated page for Hawthorn Bancshars news (Ticker: HWBK), a resource for investors and traders seeking the latest updates and insights on Hawthorn Bancshars stock.

Hawthorn Bancshares Inc. (symbol: HWBK), established in 1865, is a financial holding company dedicated to serving Missouri families and small businesses for over 150 years. As a longstanding supporter of local communities, Hawthorn Bancshares is an advocate for schools, charities, and civic groups, promoting economic development and fostering strong relationships within the areas it operates.

Through its subsidiary, Hawthorn Bank, the company offers a comprehensive range of financial services. This includes commercial banking tailored to small and mid-sized businesses, offering solutions such as equipment financing, operating loans, commercial real estate financing, and SBA loans. For personal banking needs, Hawthorn Bank provides a variety of services including checking and savings accounts, mortgages, home improvement loans, car loans, trust and investment services, alongside robust online and mobile banking options.

Hawthorn Bancshares consistently aims to deliver superior, genuine service to its clientele. The bank’s commitment to community involvement and customer satisfaction is reflected in every transaction, ensuring a positive experience for all customers. Their range of products and services is designed to meet the diverse financial needs of individuals and businesses alike.

Recent achievements of Hawthorn Bancshares include steady financial growth and the introduction of new financial products to better serve their customers. Their continuous effort in enhancing online and mobile banking capabilities ensures they remain at the forefront of technological advancement in the banking sector.

For more information about Hawthorn Bancshares Inc. and to stay updated with the latest news and developments, visit their website.

Rhea-AI Summary
Hawthorn Bancshares, Inc. (NASDAQ: HWBK) implemented a balance sheet repositioning strategy, selling $83.7 million in investment securities at a loss of $9.1 million. The proceeds will be reinvested for higher yields and to pay down borrowings, expected to improve earnings, net interest margin, and return on assets in the future. The repositioning is projected to have a neutral impact on consolidated shareholders' equity and tangible book value per share, while maintaining well-capitalized regulatory levels.
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Hawthorn Bancshares appoints Douglas T. Eden as independent, non-executive director to both Hawthorn Bancshares and Hawthorn Bank’s board of directors.
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Hawthorn Bancshares reports Q3 2023 net income of $2.6 million and EPS of $0.36. Deposits increased by $37.1 million while other borrowings decreased by $51.6 million. Credit quality remains strong.
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Hawthorn Bancshares approves quarterly cash dividend of $0.17 per share
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Christopher Hafner appointed as Senior VP and CFO of Hawthorn Bancshares and Hawthorn Bank, effective October 13, 2023.
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Hawthorn Bank appoints Martin Weishaar as Chief Legal Officer
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Hawthorn Bank appoints John Bowers as Chief Strategy Officer
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Hawthorn Bancshares reports net income of $2.5 million for Q2 2023, a decrease from the previous quarter and prior year quarter. Loans increased by $21.1 million, while deposits decreased by $64.7 million. Net interest margin increased to 3.19%. Asset quality improved with a decrease in non-performing loans. The company remains well-capitalized.
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FAQ

What is the current stock price of Hawthorn Bancshars (HWBK)?

The current stock price of Hawthorn Bancshars (HWBK) is $31.84 as of December 5, 2024.

What is the market cap of Hawthorn Bancshars (HWBK)?

The market cap of Hawthorn Bancshars (HWBK) is approximately 222.5M.

What services does Hawthorn Bancshares Inc. offer?

Hawthorn Bancshares Inc. offers commercial banking, personal banking, trust and investment services, online and mobile banking, and various types of loans including SBA, commercial real estate, and mortgages.

When was Hawthorn Bancshares Inc. founded?

Hawthorn Bancshares Inc. was founded in 1865.

Where is Hawthorn Bancshares Inc. primarily located?

Hawthorn Bancshares Inc. primarily serves communities in Missouri.

What types of loans does Hawthorn Bancshares provide?

Hawthorn Bancshares provides commercial and industrial loans, single payment personal loans, installment loans, and commercial and residential real estate loans.

Does Hawthorn Bancshares offer online banking services?

Yes, Hawthorn Bancshares offers a full suite of online and mobile banking services.

How does Hawthorn Bancshares support local communities?

Hawthorn Bancshares supports local communities by advocating for schools, charities, and civic groups, and promoting economic development.

Who is the CEO of Hawthorn Bancshares Inc.?

The Chief Executive Officer of Hawthorn Bancshares Inc. is Brent M. Giles.

What personal banking services are available at Hawthorn Bank?

Personal banking services include checking and savings accounts, mortgages, home improvement and car loans, trust and investment services, and more.

How does Hawthorn Bancshares ensure customer satisfaction?

Hawthorn Bancshares ensures customer satisfaction by providing superior, genuine service and fostering positive relationships with every interaction.

What recent achievements has Hawthorn Bancshares made?

Recent achievements include steady financial growth and the development of new financial products to better serve their customers.

Hawthorn Bancshars Inc.

Nasdaq:HWBK

HWBK Rankings

HWBK Stock Data

222.46M
5.75M
17.7%
27.53%
0.11%
Banks - Regional
National Commercial Banks
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United States of America
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