Hawthorn Bancshares, Inc. (HWBK) Stock

Hawthorn Bancshares, Inc. (HWBK) is a Financials stock trading at $39.29 (as of 2026-08-21), with a market capitalization of $270.97M and a trailing P/E of 11.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Hawthorn Bancshares, Inc. operates as the bank holding company for Hawthorn Bank that provides commercial and personal banking services. It accepts checking, savings, money market, individual retirement, and other time deposit accounts; and 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. In addition, it provides trust services that include estate planning, investment, and asset management services; and cash management, safety deposit box, brokerage, and Internet banking services. The company operates through 23 banking offices in Missouri communities, Jefferson City, Columbia, Clinton, Warsaw, Springfield, St. Louis, and the greater Kansas City metropolitan area. Hawthorn Bancshares, Inc. was founded in 1865 and is headquartered in Jefferson City, Missouri.

Understand Hawthorn Bancshares, Inc.: how it makes money

Hawthorn Bancshares operates as the parent company of Hawthorn Bank, providing commercial and personal banking, including deposits (checking, savings, money market, retirement and other time deposits), loans (such as commercial, consumer, and residential real estate), debit and credit cards, and trust services, and it primarily earns money from lending activities and customer banking and trust fees.

For a bank holding company, profitability is structurally driven by the spread between what the bank earns on loans and what it pays for funding, and it is also affected by how well loan portfolios perform (credit losses) and by fee income from banking and trust services.

Business quality (Solid): In the provided data, there is no segment revenue breakdown and no listed operating KPIs, so visibility into what specifically drives results is limited to the high-level business description and the single operating margin figure for 2026-03-31.

Valuation: At 11× earnings, HWBK trades 11% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Broad set of income sources within core banking: The company offers deposits, loans across multiple categories, debit and credit cards, and trust services, which can provide multiple channels for earning interest income and service-related fees.
  • Solid profitability snapshot in the latest provided quarter: For the period ended 2026-03-31, the provided operating margin is 29.2%.

Bear case

  • Loan performance risk can pressure earnings: Because the business includes a range of consumer, commercial, and real estate lending, deterioration in borrower credit quality can increase losses and reduce profitability.
  • Funding and interest rate environment can affect net interest income: Bank earnings are sensitive to how loan yields and deposit and other funding costs move relative to each other.
Valuation — source: SEC EDGAR (first-party)
Price$39.29
Market Cap$270.97M
P/E Ratio11.2
EV / EBITDA5.3
Price / Book1.54
Price / Sales2.75
FCF Yield8.7%
DCF Value (model)$75.91
DCF Upside vs Price93.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$97.66M
Net Margin24.4%
Revenue Growth (YoY)4.0%
EPS Growth (YoY)7.8%
FCF Growth (YoY)11.7%
Valuation vs Sector & Industry
Stock P/E11.2
Sector P/E (Financials)15.1
Industry P/E (Banking)13.0
vs Sector-25.7%
vs Industry-13.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderAtegra Capital Management, LLC ($11.54M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOBrent Giles
Employees255
CountryUS
IPO Date1999-07-20

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HWBK earnings history · HWBK institutional & insider holders · HWBK KPIs & operating metrics · HWBK financials · HWBK investor presentations & press releases · HWBK SEC filings · HWBK peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.