10-K · March 5, 2026
Hawthorn Bancshares' 10-K emphasizes a community‑bank strategy focused on central and west‑central Missouri and the Kansas City MSA, with core earnings driven by originating mortgage and consumer loans and wealth…
Earnings analysis · 10-Q
HWBK earnings analysis
Filed May 8, 2026 · Our reading of the company's report
The latest report
Hawthorn Bancshares reported a Q1 2026 diluted EPS of $0.83, up from $0.77 in the prior year, while revenues increased to $21.44 million from $20.22 million, thanks to higher net interest income. However, total deposits…
Read full summary
Hawthorn Bancshares reported a Q1 2026 diluted EPS of $0.83, up from $0.77 in the prior year, while revenues increased to $21.44 million from $20.22 million, thanks to higher net interest income. However, total deposits decreased significantly, impacting liquidity and raising concerns about future growth.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.98
- Segment
- Hawthorn Bank
- Segment
- Wealth Management
What stood out
-
Revenue Growth
Total revenue for Q1 2026 was $21.44 million, a 6.0% increase from $20.22 million in Q1 2025.
-
EPS Growth
Diluted EPS rose to $0.83, compared to $0.77 in the prior year, reflecting operational efficiency.
-
Efficiency Ratio Improvement
The efficiency ratio improved to 64.29% from 66.64% year-over-year.
-
Increased Net Interest Income
Net interest income reached $17.1 million, up from $15.3 million in Q1 2025.
-
Improved Asset Quality
Non-performing assets were stable at $6.9 million or 0.47% of total loans.
-
Higher Non-Interest Income in Wealth Management
Wealth management revenue surged by 30.2% to $0.616 million compared to $0.473 million in Q1 2025.
What to watch
-
Decrease in Total Deposits
Total deposits fell by $35.8 million to $1.52 billion from $1.55 billion at year-end.
-
Decrease in Cash Reserves
Cash and cash equivalents decreased to $101.9 million from $104.3 million at year-end 2025.
-
Limited Loan Growth
Loans held for investment declined by $32.6 million to $1.45 billion compared to $1.49 billion at year-end.
Management's outlook
Outlook deferred to earnings press release / call.
Earlier filings 4
10-Q · November 7, 2025
Hawthorn Bancshares reported Q3 2025 revenue of $20,581,000 (NII + non‑interest income), up $2,471,000 or 13.6% year-over-year, with net income of $6,132,000 and diluted EPS of $0.88 (vs $0.66 prior year). Net interest…
10-Q · August 11, 2025
Hawthorn reported stronger quarterly profitability with diluted EPS of $0.88 and net income of $6,101 thousand for the quarter ended June 30, 2025. Net interest income and liquidity improved while total deposits ticked…
10-Q · May 12, 2025
Hawthorn reported a quarter of improving profitability and liquidity: net income rose to $5,383,000 and diluted EPS to $0.77 (vs $4,456,000 and $0.63 a year ago). Net interest income increased to $15,294,000 and cash…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.