Hawthorn Banc Stock Price, News & Analysis

Hawthorn Bancshares (NASDAQ: HWBK) has announced a 13.3% increase in its quarterly cash dividend, raising it by $0.02 to $0.17 per common share. This dividend will be payable on July 1, 2022, to shareholders of record as of June 15, 2022. Additionally, a special stock dividend of 4% per common share has also been approved for the same payment date. The company operates multiple locations across Missouri, including Jefferson City and St. Louis.

Hawthorn Bancshares (NASDAQ: HWBK) reported a net income of $6.6 million or $1.00 per diluted share for Q1 2022, marking a 10.3% increase from the previous quarter. Loans increased by $37.9 million while total deposits decreased by $60.7 million. The net interest margin fell to 3.50%, down from 3.67% in Q4 2021. The bank experienced a significant reduction in non-performing loans to $17.1 million, leading to a more favorable allowance for loan losses at 1.07% of total loans. Capital ratios remain strong, indicating a 'well-capitalized' status.

Hawthorn Bancshares reported a net income of $22.5 million for 2021, reflecting a 58% increase from 2020, with an EPS of $3.40. In Q4 2021, net income was $6.0 million and EPS was $0.90, up from $5.2 million and $0.77 in Q4 2020. Total loans increased 1.2% to $1.3 billion, while deposits rose 9.6% to $1.5 billion. However, non-interest expenses climbed by 7.9%, influenced by legal settlements. The company maintains a well-capitalized position with a total risk-based capital ratio of 14.79%.

Hawthorn Bancshares, Inc. (NASDAQ: HWBK) has announced a quarterly cash dividend of $0.15 per share, payable on April 1, 2022, to shareholders of record by the close of business on March 15, 2022. This dividend payment maintains the previous quarterly rate, showcasing the company's consistent approach towards shareholder returns.

Hawthorn Bancshares operates various locations throughout Missouri, reinforcing its role in the regional banking landscape.

Hawthorn Bancshares Inc. (NASDAQ: HWBK) reported a net income of $5.8 million for Q3 2021, up 18% from the prior quarter. Earnings per diluted share rose to $0.88. Notably, net interest income increased to $15.4 million, bolstered by $1.6 million in PPP loan fees. However, loans decreased by 0.9% to $1.3 billion, while deposits rose by 2.2% to $1.4 billion. Despite an increase in non-performing loans year-over-year, the overall asset quality showed improvement.

Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced a quarterly cash dividend of $0.15 per share, to be paid on January 1, 2022, for shareholders on record by December 15, 2021. This dividend aligns with the previous quarterly rate, demonstrating the company's consistent financial management.

Hawthorn Bancshares is based in Jefferson City, Missouri, and operates multiple branches across the state, providing essential banking services to its communities.

Hawthorn Bancshares Inc. (HWBK) reported a net income of $4.9 million for Q2 2021, a decrease of $0.9 million from Q1 2021, but up $1.6 million from Q2 2020. Earnings per diluted share were $0.74, down from $0.88 in Q1 2021. The net interest margin was 3.40%, reduced from 3.61% in the prior quarter. Loans increased by $18 million (1.4%) compared to the linked quarter, while deposits decreased by $13 million (0.9%). Non-performing loans totaled $33.8 million, slightly down from the prior quarter. The company's capital ratios remained strong, indicating a well-capitalized position.

Hawthorn Bancshares, Inc. (NASDAQ: HWBK) has declared a quarterly cash dividend of $0.15 per share, scheduled for payment on October 1, 2021. Shareholders of record as of September 15, 2021 will receive this dividend, which aligns with the previous quarterly rate. This decision underscores the company's commitment to returning value to its investors while maintaining a consistent dividend policy.

The Board of Directors of Hawthorn Bancshares, Inc. (NASDAQ: HWBK) confirmed the re-election of Frank E. Burkhead and Gus S. Wetzel, III as Class II directors for three-year terms at the June 8, 2021 Annual Meeting of Shareholders. Burkhead, a director since 2014, co-owns Burkhead & Associates, LLC, while Wetzel, in the board since 2018, owns Meadows Contracting, LLC. Shareholders also ratified the appointment of KPMG, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2021.