Hawthorn Bancshares (NASDAQ:HWBK) Posts Earnings Results

Hawthorn Bancshares (NASDAQ:HWBK) announced its earnings results on Wednesday. The financial services provider reported $0.66 earnings per share for the quarter, Zacks reports. Hawthorn Bancshares had a return on equity of 13.00% and a net margin of 16.65%.

Hawthorn Bancshares Stock Performance

NASDAQ:HWBK opened at $32.19 on Friday. The firm has a market capitalization of $225.01 million, a PE ratio of 12.33 and a beta of 0.58. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.00. Hawthorn Bancshares has a 12-month low of $17.86 and a 12-month high of $34.00. The firm has a 50-day moving average price of $30.64 and a 200 day moving average price of $25.97.

Hawthorn Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Saturday, March 15th will be given a dividend of $0.19 per share. The ex-dividend date is Friday, March 14th. This represents a $0.76 annualized dividend and a dividend yield of 2.36%. Hawthorn Bancshares’s dividend payout ratio (DPR) is currently 29.12%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Hawthorn Bancshares from a “buy” rating to a “hold” rating in a research note on Thursday.

Insider Buying and Selling at Hawthorn Bancshares

In related news, Director Jonathan Holtaway sold 5,053 shares of the business’s stock in a transaction 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 sale, the director now owns 402,460 shares of the company’s stock, valued at $11,498,282.20. The trade was a 1.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frank E. Burkhead sold 3,000 shares of the company’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $31.87, for a total value of $95,610.00. Following the completion of the sale, the director now owns 11,477 shares in the company, valued at $365,771.99. This trade represents a 20.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 9,457 shares of company stock valued at $285,175. 23.40% of the stock is currently owned by corporate insiders.

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.