Hawthorn Bancshares, Inc. (HWBK) Financial Statements
Industry: National Commercial Banks
In fiscal 2025, Hawthorn Bancshares reported revenue of $80.2M, up 10.0% from $72.9M the year before. Net income was $23.8M (a 29.7% net margin), or $3.43 per diluted share. Net interest income was $65.9M, and the efficiency ratio (noninterest expense / revenue) was 63.4%. Operating activities generated $26.9M of cash, leaving $22.8M of free cash flow. At fiscal year end, Hawthorn Bancshares held $1.89B in total assets against $1.72B in total liabilities, including $104.3M of cash and equivalents.
Open the full interactive Hawthorn Bancshares financials → Quarterly statements, key ratios, valuation history and price charts.
Hawthorn Bancshares Key Stats
| Share Price | $37.96 |
|---|---|
| Market Cap | $262.2M |
| P/E Ratio | 11.1 |
| Revenue YoY Growth | +10.0% |
| 52-Week Range | $28.73 – $40.10 |
| Shares Outstanding | 6.9 million (basic, 2026 Q2) |
Hawthorn Bancshares Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $53.3M | $58.5M | $58.8M | $59.1M | $58.6M | $65.9M |
| Provision for Credit Losses | $5.8M | -$1.7M | -$900,000 | $2.3M | $1.0M | $360,000 |
| Noninterest Income | $14.6M | $16.4M | $14.0M | $7.5M | $14.3M | $14.3M |
| Noninterest Expense | $44.7M | $48.6M | $48.5M | $52.4M | $49.5M | $50.8M |
| Revenue | $67.9M | $74.9M | $72.7M | $66.7M | $72.9M | $80.2M |
| Pre-Tax Income | $17.5M | $28.2M | $25.1M | $432,000 | $22.4M | $29.1M |
| Income Tax | $3.2M | $5.7M | $4.3M | -$524,000 | $4.1M | $5.3M |
| Net Income | $14.3M | $22.5M | $20.8M | $956,000 | $18.3M | $23.8M |
| Diluted EPS | $2.03 | $3.14 | $2.94 | $0.14 | $2.61 | $3.43 |
Hawthorn Bancshares Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $20.6M | $21.2M | $20.2M | $22.6M |
| Net Income | $6.1M | $6.2M | $5.7M | $7.3M |
| Diluted EPS | $0.88 | $0.89 | $0.83 | $1.06 |
Hawthorn Bancshares Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $180.4M | $159.9M | $83.7M | $93.5M | $51.0M | $104.3M |
| Loans (Net) | $1.27B | $1.29B | $1.51B | $1.52B | $1.44B | $1.47B |
| Total Assets | $1.73B | $1.83B | $1.92B | $1.88B | $1.83B | $1.89B |
| Deposits | $1.38B | $1.52B | $1.63B | $1.57B | $1.53B | $1.55B |
| Total Long-Term Debt | $156.2M | $126.9M | $147.5M | $156.5M | $131.0M | $201.1M |
| Total Liabilities | $1.60B | $1.68B | $1.80B | $1.74B | $1.68B | $1.72B |
| Shareholders' Equity | $130.6M | $149.0M | $127.4M | $136.1M | $149.5M | $174.2M |
Hawthorn Bancshares Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $20.2M | $30.6M | $20.3M | $17.6M | $25.6M | $26.9M |
| Cash From Investing | -$138.7M | -$127.9M | -$206.5M | $54.2M | $1.3M | -$6.9M |
| Cash From Financing | $220.8M | $76.9M | $110.1M | -$62.1M | -$69.3M | $33.3M |
| Free Cash Flow | $18.3M | $30.0M | $17.7M | $15.5M | $22.6M | $22.8M |
Figures from Hawthorn Bancshares' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Hawthorn Bancshares financials page for every line item.
Hawthorn Bancshares Company Profile
| Ticker | HWBK |
|---|---|
| Exchange | Nasdaq |
| Industry | National Commercial Banks |
| Headquarters | Jefferson City, Missouri |
| Incorporated in | Missouri |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0000893847 |
Frequently Asked Questions
What was Hawthorn Bancshares' revenue in fiscal 2025?
Hawthorn Bancshares (HWBK) reported revenue of $80.2M for fiscal 2025.
What is Hawthorn Bancshares' annual revenue history?
Hawthorn Bancshares' annual revenue by fiscal year: 2020: $67.9M; 2021: $74.9M; 2022: $72.7M; 2023: $66.7M; 2024: $72.9M; 2025: $80.2M.
What was Hawthorn Bancshares' net income in fiscal 2025?
Hawthorn Bancshares reported net income of $23.8M for fiscal 2025.
What was Hawthorn Bancshares' earnings per share (EPS) in fiscal 2025?
Hawthorn Bancshares' diluted EPS was $3.43 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Hawthorn Bancshares generate in fiscal 2025?
Hawthorn Bancshares generated $22.8M of free cash flow in fiscal 2025.
What was Hawthorn Bancshares' revenue last quarter?
In its most recent reported quarter (2026 Q2), Hawthorn Bancshares reported revenue of $22.6M.
How much debt does Hawthorn Bancshares have?
Hawthorn Bancshares reported $201.1M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Hawthorn Bancshares are outstanding?
Hawthorn Bancshares reported a weighted average of 6.9 million basic shares outstanding in 2026 Q2.
What is Hawthorn Bancshares' market cap?
Based on its latest closing price, Hawthorn Bancshares (HWBK) has a market capitalization of about $262.2M.
When does Hawthorn Bancshares' fiscal year end?
Hawthorn Bancshares' fiscal year end, as registered with the SEC, is December 31.
Where is Hawthorn Bancshares headquartered?
Hawthorn Bancshares lists its business address in Jefferson City, Missouri in its SEC filings.