HWBK earnings analysis
What we found in HWBK's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
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.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- 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.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- 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.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.98
- Segment
- Hawthorn Bank
- Segment
- Wealth Management
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads about the same as the one before it.
What came before.
- 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…
- 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. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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