Hawthorn Bancshares (NASDAQ:HWBK) Announces Quarterly Earnings Results

Hawthorn Bancshares (NASDAQ:HWBK) posted its quarterly 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 Trading Up 1.6 %

NASDAQ HWBK traded up $0.51 during 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’s fifty day moving average is $30.49 and its 200-day moving average is $25.89. Hawthorn Bancshares has a one year low of $17.86 and a one year high of $34.00. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.00. The company has a market cap of $222.25 million, a price-to-earnings ratio of 35.33 and a beta of 0.58.

Hawthorn Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 1st. Investors of record on Sunday, December 15th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 2.39%. The ex-dividend date was Friday, December 13th. Hawthorn Bancshares’s dividend payout ratio (DPR) 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 report on Wednesday, January 15th.

Insider Activity

In other Hawthorn Bancshares news, Director Frank E. Burkhead sold 3,000 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total value of $95,610.00. Following the sale, the director now owns 11,477 shares in the company, valued at approximately $365,771.99. This represents a 20.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jonathan Holtaway sold 5,053 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $28.57, for a total value of $144,364.21. Following the completion of the sale, the director now owns 402,460 shares in the company, valued at $11,498,282.20. The trade was a 1.24 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have 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.