Hawthorn Bancshares, Inc. (HWBK) Stock Price & Analysis
Hawthorn Bancshares, Inc. (HWBK) closed at USD 39.29 on Friday, October 23, 2026, down 1.26% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 39.79; the Oct 23, 2026 session ranged USD 38.86–39.55 on volume of 17,435 shares. Market capitalization is $287.36M, with a 52-week range of USD 29.75–40.6 (NMS). Source: Nexqual, retrieved October 23, 2026 at 22:56 UTC.
Also available as compact Markdown for AI agents: nexqual.com/HWBK.md
Key facts (HWBK)
- Last four reported quarters (through Jun 30, 2026): revenue $84.6M, net income $25.4M (30.0% margin) (SEC filings).
- Valuation: P/E 11.3x (avg 69.3x at the last 3 fiscal year-ends).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $50K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: None.
- Total return with dividends: 1Y +33.2% vs S&P 500 +13.4%; 5Y +105.0% vs S&P 500 +76.9%.
- Next earnings: 2026-10-28, EPS estimate USD —, revenue estimate $0K.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HWBK)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $75.3M | $72.7M | $66.7M | $72.9M | $80.2M | $84.6M |
| Net income | $22.5M | $20.8M | $956K | $18.3M | $23.8M | $25.4M |
| EPS (diluted) | $3.15 | $2.94 | $0.14 | $2.61 | $3.43 | — |
| Free cash flow | $29.6M | $17.7M | $15.5M | $22.6M | $22.8M | $27.9M |
| Net margin | 29.9% | 28.5% | 1.4% | 25.0% | 29.7% | 30.0% |
| Revenue growth | +10.4% | -3.4% | -8.3% | +9.4% | +10.0% | — |
| Cash + short-term investments | $160M | $83.7M | $93.5M | $51.0M | $104M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (HWBK)
P/E 11.3x · P/S 3.4x · P/FCF 10.3x · P/B 1.6x · FCF yield 9.71% · Earnings yield 8.83% · Dividend yield (paid, TTM) 1.95% · Buyback yield (TTM) 0.36%
P/E at fiscal year-ends: Dec 2025 10.2x, Dec 2024 10.9x, Dec 2023 186.8x.
Insider purchases (SEC Form 4, open-market, last ~7 months) (HWBK)
1 purchase, $50K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-26…2026-08-27 | Hettinger Shawna M. | Director | 1,300 | $50K | 38.47 | Too little history (no open-market trades in 2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (HWBK)
Consensus None.
Total return (dividends reinvested) (HWBK)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +33.2% | +105.0% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +33.3% | +15.4% |
| Volatility (annualized) | 31.5% | 29.6% |
| Max drawdown | -13.7% (Dec 2025→Jan 2026) | -35.4% (Jul 2022→Oct 2023) |
HWBK revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Bank card income and fees | $1.0M | — | +1.5% |
| Service charges and other fees | $815,000 | — | -13.3% |
| Wealth management revenue | $654,000 | — | +20.7% |
| Total revenue | — | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
HWBK company outlook (results filed Jul 29, 2026)
- “Statements made in this press release that suggest the Company's or management's intentions, hopes, beliefs, expectations, or predictions of the future include "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended.”
Quoted word-for-word from the SEC 8-K results press release.
HWBK analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter (ends Jun 2012) | — | — | — | $0 | — |
| Current fiscal year (ends Dec 2012) | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |
Key Statistics (as of October 23, 2026 at 22:56 UTC)
| Price | USD 39.29 |
|---|---|
| Change | ▼ 1.26% (down) |
| Previous Close | USD 39.79 |
| Open | USD 39.55 |
| Day Range | USD 38.86 – 39.55 |
| 52-Week Range | USD 29.75 – 40.6 |
| Volume | 17,435 shares |
| Market Cap | $287.36M |
| Exchange | NMS |
Technical Analysis (HWBK)
Nexqual's technical model rates HWBK "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 22:56 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 56.18 (neutral) |
| vs SMA50 | Above (USD 38.82) |
| MACD | 0.05 (positive) |
Analyst Ratings (HWBK)
Wall Street analysts rate HWBK "None", per Nexqual as of October 23, 2026 at 22:56 UTC.
| Consensus Rating | None |
|---|
Earnings (HWBK)
| Next Earnings Date | 2026-10-28 |
|---|
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2011-12-31 | USD -0.21 vs est 0.15 ▼ miss |
| 2011-09-30 | USD 0.14 vs est 0.12 ▲ beat |
| 2011-06-30 | USD 0.12 vs est 0.02 ▲ beat |
| 2011-03-31 | USD 0.06 vs est -0.05 ▲ beat |
Source: Nexqual, October 23, 2026 at 22:56 UTC.
Financials & Fundamentals (HWBK)
| Total Revenue | $83.92M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +14.90% |
| Gross Margin | +0.00% |
| Operating Margin | +39.38% |
| Profit Margin | +30.25% |
| ROE | +14.95% |
| Total Cash | $33.74M |
| Total Debt | $83.57M |
Source: Nexqual, October 23, 2026 at 22:56 UTC.
Financial Health Score (HWBK)
Nexqual rates Hawthorn Bancshares, Inc.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 22:56 UTC.
| Growth | Weak — Revenue -3% YoY (annual), declining |
|---|---|
| Profitability | Weak — Net margin 0% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: National Commercial Banks) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: National Commercial Banks) |
| Efficiency | Mixed — ROE 15%, ROA 1.4% |
Ownership (HWBK)
| Insider Ownership | +17.08% |
|---|---|
| Institutional Ownership | +30.72% |
| Shares Outstanding | 7.31M |
| Float | 6.23M |
| Short % of Float | +2.85% |
Source: Nexqual, October 23, 2026 at 22:56 UTC.
Leadership (HWBK)
Hawthorn Bancshares, Inc. is led by Brent M. Giles, CEO & Director, per Nexqual as of October 23, 2026 at 22:56 UTC.
| CEO & Director | Brent M. Giles |
|---|---|
| Executive Chairman | David T. Turner |
| President & Director | Gregg A. Bexten |
| Executive VP & CFO | Christopher E. Hafner |
| Executive VP, Chief Risk Officer & Director | Kathleen L. Bruegenhemke |
Major Backers & Investors (HWBK)
Notable institutional backers of Hawthorn Bancshares, Inc. include Ategra Capital Management, LLC, FJ Capital Management LLC, Fidelity, according to Nexqual as of October 23, 2026 at 22:56 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Ategra Capital Management, LLC | 4.96% |
| FJ Capital Management LLC | 2.76% |
| Fidelity | 1.35% |
| Bridgeway Capital Management, LLC | 0.94% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 4.86% |
| Vanguard Group | 3.63% |
| Dimensional Fund Advisors | 2.34% |
| Geode Capital | 2.16% |
| State Street | 1.23% |
| Northern Trust | 0.7% |
Source: Nexqual, October 23, 2026 at 22:56 UTC.
From Hawthorn Bancshares, Inc.'s Latest SEC 10-K Filing (filed 2026-03-05)
Legal & Regulatory Risks (Item 1A, quoted)
- We may be adversely affected by changes in laws and regulations affecting the financial services industry.
- The Federal Reserve may require the Company to commit capital resources to support the Bank.
- The application of more stringent capital requirements to us and the Bank could, among other things, result in lower returns on invested capital, require the raising of additional capital, and result in regulatory actions if we were to be unable to comply with such requirements.
- Regulations relating to privacy, information security and data protection could increase our costs, affect or limit how we collect and use personal information and adversely affect our business opportunities.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BBD | Banco Bradesco Sa | USD 4.07 | ▲ 3.04% |
| FITB | Fifth Third Bancorp | USD 52.98 | ▼ 0.47% |
| DB | Deutsche Bank AG | USD 31.2 | ▼ 0.89% |
| TFC | Truist Financial Corporation | USD 48.44 | ▲ 0.04% |
| NWG | NatWest Group plc | USD 16.8 | ▼ 1.12% |
| NU | Nu Holdings Ltd. | USD 15.16 | ▲ 2.92% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 22:56 UTC. This page is informational and not investment advice.
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