Hawthorn Bancshares (NASDAQ:HWBK) Posts Earnings Results

by · The Markets Daily

Hawthorn Bancshares (NASDAQ:HWBK – Get Free Report) issued its quarterly earnings results on Wednesday. The financial services provider reported $1.06 earnings per share for the quarter, Zacks reports. Hawthorn Bancshares had a net margin of 22.14% and a return on equity of 15.01%.

Hawthorn Bancshares Trading Down 0.5%

NASDAQ:HWBK traded down $0.20 during midday trading on Wednesday, hitting $38.70. 17,804 shares of the company traded hands, compared to its average volume of 9,566. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.82. The firm’s fifty day moving average is $37.70 and its 200-day moving average is $35.29. The firm has a market capitalization of $266.91 million, a P/E ratio of 10.63 and a beta of 0.44. Hawthorn Bancshares has a 12-month low of $28.10 and a 12-month high of $40.36.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Wall Street Zen downgraded Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings raised shares of Hawthorn Bancshares from a “hold (c)” rating to a “buy (b)” rating in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy”.

Check Out Our Latest Analysis on HWBK

Institutional Investors Weigh In On Hawthorn Bancshares

Institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in shares of Hawthorn Bancshares by 38.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,195 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 330 shares during the period. Bridgeway Capital Management LLC raised its position in Hawthorn Bancshares by 0.6% in the 2nd quarter. Bridgeway Capital Management LLC now owns 73,604 shares of the financial services provider’s stock worth $2,145,000 after purchasing an additional 421 shares during the period. Deutsche Bank AG lifted its stake in Hawthorn Bancshares by 16.8% in the fourth quarter. Deutsche Bank AG now owns 4,665 shares of the financial services provider’s stock worth $163,000 after purchasing an additional 670 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in Hawthorn Bancshares in the fourth quarter worth about $50,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Hawthorn Bancshares by 69.1% during the third quarter. JPMorgan Chase & Co. now owns 4,663 shares of the financial services provider’s stock valued at $145,000 after buying an additional 1,906 shares during the period. Institutional investors own 30.73% of the company’s stock.

About Hawthorn Bancshares

(Get Free Report)

Hawthorn Bancshares, Inc is the bank holding company for Hawthorn Bank, a community-focused financial institution headquartered in Aurora, Missouri. Through its wholly owned subsidiary, the company provides a comprehensive range of banking and financial services to individuals, small businesses, agricultural enterprises and commercial clients across southwest Missouri and select markets in nearby states. Hawthorn Bank operates a network of full-service branches and digital banking platforms designed to meet the evolving needs of its customers.

The company’s core offerings include deposit products such as checking, savings and money market accounts, as well as consumer lending solutions comprising residential mortgages, home equity lines of credit, auto loans and personal loans.

Featured Stories