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. 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.
The Board of Directors of Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced the re-election of Philip D. Freeman, Kathleen L. Bruegenhemke, and Jonathan D. Holtaway as Class I directors during the Annual Meeting on June 2, 2020. Their new three-year terms will expire in 2023. Freeman has been a director since 1993, Bruegenhemke has served as COO since 2017, and Holtaway has been a director since 2019. Shareholders also ratified KPMG, LLP as the independent auditor for the fiscal year ending December 31, 2020, approved executive pay advisory votes, and established a one-year frequency for future recommendations.
Hawthorn Bancshares (NASDAQ: HWBK) announced a quarterly cash dividend of $0.12 per share, payable on July 1, 2020, to shareholders of record by June 15, 2020. This marks a continuation of its previous dividend rate. Additionally, the Board approved a special stock dividend of 4%, also payable on July 1, 2020, under the same conditions.
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