Hawthorn Bancshares (NASDAQ:HWBK) Issues Quarterly Earnings Results

Hawthorn Bancshares (NASDAQ:HWBK) released its earnings results on Wednesday. The financial services provider reported $0.66 EPS for the quarter, Zacks reports. Hawthorn Bancshares had a net margin of 5.67% and a return on equity of 4.46%.

Hawthorn Bancshares Price Performance

Shares of HWBK stock traded up $0.51 during mid-day trading on Wednesday, hitting $31.80. The company had a trading volume of 4,324 shares, compared to its average volume of 8,270. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.01 and a quick ratio of 1.01. The stock’s 50 day moving average price is $30.49 and its 200-day moving average price is $25.89. Hawthorn Bancshares has a 52-week low of $17.86 and a 52-week high of $34.00. The company has a market capitalization of $222.25 million, a P/E ratio of 35.33 and a beta of 0.58.

Hawthorn Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Stockholders of record on Sunday, December 15th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend was Friday, December 13th. Hawthorn Bancshares’s payout ratio is currently 84.44%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Hawthorn Bancshares from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th.

Insider Activity at Hawthorn Bancshares

In related news, Director Frank E. Burkhead sold 3,000 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.87, for a total value of $95,610.00. Following the sale, the director now directly owns 11,477 shares in the company, valued at approximately $365,771.99. The trade was a 20.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jonathan Holtaway sold 1,015 shares of the stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $32.25, for a total value of $32,733.75. Following the transaction, the director now directly owns 390,004 shares of the company’s stock, valued at approximately $12,577,629. The trade was a 0.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,457 shares of company stock valued at $285,175. Corporate insiders own 23.40% of the company’s stock.

Hawthorn Bancshares Company Profile

Hawthorn Bancshares, Inc operates as the bank holding company for Hawthorn Bank that provides various banking services in the United States. It accepts checking, savings, money market, individual retirement, and other time deposit accounts, as well as certificates of deposit. The company also offers commercial and industrial, single payment personal, installment, commercial and residential real estate, and consumer loans, as well as equipment, operating, and small business administration loans; and debit and credit cards.