Welcome to our dedicated page for Hawthorn Banc news (Ticker: HWBK), a resource for investors and traders seeking the latest updates and insights on Hawthorn Banc stock.
Hawthorn Bancshares, Inc. reports recurring developments as the bank holding company for Hawthorn Bank. Company news centers on quarterly and annual earnings, net interest margin, loan and deposit trends, credit quality, capital ratios, book value and efficiency measures tied to its banking operations.
Other updates include board actions, director appointments and common-stock dividend approvals. The company’s business context includes commercial banking for small and midsized businesses, personal banking services, deposit accounts, mortgage and consumer lending, SBA lending and wealth management activities.
Hawthorn Bancshares (NASDAQ: HWBK) has announced a quarterly cash dividend of $0.19 per common share. The dividend is set to be paid on October 1, 2024, to shareholders of record at the close of business on September 15, 2024. This announcement demonstrates the company's commitment to returning value to its shareholders and maintaining a consistent dividend policy. The Board of Directors' approval of this dividend reflects confidence in Hawthorn Bancshares' financial stability and ongoing performance.
Hawthorn Bancshares (NASDAQ: HWBK) announced the re-election of four Class II directors at its June 4, 2024 Annual Meeting. Frank E. Burkhead, Brent M. Giles, Jonathan L. States, and Gus S. Wetzel, III will continue to serve three-year terms expiring in 2027. Mr. Burkhead has been a director since 2014, Mr. Giles since 2023 (also CEO), Mr. States since 2022, and Mr. Wetzel since 2018.
The 12-member board also includes Gregg A. Bexten, Kathleen L. Bruegenhemke, Douglas T. Eden, Philip D. Freeman, Shawna M. Hettinger, Jonathan D. Holtaway, Kevin L. Riley, and David T. Turner. Additionally, the advisory directorate comprises Charles G. Dudenhoeffer and Dr. Gus S. Wetzel, II.
Shareholders approved FORVIS, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, and also approved the advisory vote on executive compensation.
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