HWBK

Hawthorn BancsharesNasdaqGS:HWBK Stock Report

Market Cap

US$147.3m

7D

-1.5%

1Y

26.5%

Updated

18 Sep, 2021

Data

Company Financials
HWBK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends4/6

HWBK Overview

Hawthorn Bancshares, Inc. operates as the bank holding company for Hawthorn Bank that provides various banking services in Missouri.

Rewards

Trading at 19.4% below our estimate of its fair value

Earnings grew by 72.8% over the past year

Pays a reliable dividend of 2.59%

Risk Analysis

No risks detected for HWBK from our risk checks.

Hawthorn Bancshares Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hawthorn Bancshares
Historical stock prices
Current Share PriceUS$22.26
52 Week HighUS$16.29
52 Week LowUS$25.06
Beta0.57
1 Month Change-2.92%
3 Month Change1.97%
1 Year Change26.51%
3 Year Change7.93%
5 Year Change88.07%
Change since IPO105.91%

Recent News & Updates

Aug 03
Hawthorn Bancshares' (NASDAQ:HWBK) Shareholders Will Receive A Bigger Dividend Than Last Year

Hawthorn Bancshares' (NASDAQ:HWBK) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of Hawthorn Bancshares, Inc. ( NASDAQ:HWBK ) has announced that it will be increasing its dividend on the 1st...

Shareholder Returns

HWBKUS BanksUS Market
7D-1.5%0.9%-0.6%
1Y26.5%63.3%33.8%

Return vs Industry: HWBK underperformed the US Banks industry which returned 62.5% over the past year.

Return vs Market: HWBK underperformed the US Market which returned 33.6% over the past year.

Price Volatility

Is HWBK's price volatile compared to industry and market?
HWBK volatility
HWBK Beta0.57
Industry Beta1.37
Market Beta1

Stable Share Price: HWBK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: HWBK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1865306David Turnerhttps://www.hawthornbancshares.com

Hawthorn Bancshares, Inc. operates as the bank holding company for Hawthorn Bank that provides various banking services in Missouri. It offers checking and savings accounts, and certificates of deposit; debit and credit cards; and commercial and industrial, single payment personal, installment, and commercial and residential real estate loans. The company also provides trust, Internet banking, and brokerage services; and safety deposit boxes.

Hawthorn Bancshares Fundamentals Summary

How do Hawthorn Bancshares's earnings and revenue compare to its market cap?
HWBK fundamental statistics
Market CapUS$147.29m
Earnings (TTM)US$20.87m
Revenue (TTM)US$72.06m

7.1x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HWBK income statement (TTM)
RevenueUS$72.06m
Cost of RevenueUS$0
Gross ProfitUS$72.06m
ExpensesUS$51.19m
EarningsUS$20.87m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.12
Gross Margin100.00%
Net Profit Margin28.97%
Debt/Equity Ratio128.2%

How did HWBK perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

16%

Payout Ratio

Valuation

Is Hawthorn Bancshares undervalued compared to its fair value and its price relative to the market?

19.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HWBK ($22.26) is trading below our estimate of fair value ($27.61)

Significantly Below Fair Value: HWBK is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: HWBK is good value based on its PE Ratio (7.1x) compared to the US Banks industry average (10.7x).

PE vs Market: HWBK is good value based on its PE Ratio (7.1x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HWBK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HWBK's PB Ratio (1.1x) is in line with the US Banks industry average.


Future Growth

How is Hawthorn Bancshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-1.0%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hawthorn Bancshares has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Hawthorn Bancshares performed over the past 5 years?

24.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HWBK has high quality earnings.

Growing Profit Margin: HWBK's current net profit margins (29%) are higher than last year (21.6%).


Past Earnings Growth Analysis

Earnings Trend: HWBK's earnings have grown significantly by 24.1% per year over the past 5 years.

Accelerating Growth: HWBK's earnings growth over the past year (72.8%) exceeds its 5-year average (24.1% per year).

Earnings vs Industry: HWBK earnings growth over the past year (72.8%) exceeded the Banks industry 36%.


Return on Equity

High ROE: HWBK's Return on Equity (15.3%) is considered low.


Financial Health

How is Hawthorn Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: HWBK's Assets to Equity ratio (12.5x) is moderate.

Allowance for Bad Loans: HWBK has a low allowance for bad loans (55%).

Low Risk Liabilities: 88% of HWBK's liabilities are made up of primarily low risk sources of funding.

Loan Level: HWBK has an appropriate level of Loans to Assets ratio (75%).

Low Risk Deposits: HWBK's Loans to Deposits ratio (92%) is appropriate.

Level of Bad Loans: HWBK has a high level of bad loans (2.6%).


Dividend

What is Hawthorn Bancshares's current dividend yield, its reliability and sustainability?

2.59%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HWBK's dividend (2.59%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: HWBK's dividend (2.59%) is low compared to the top 25% of dividend payers in the US market (3.6%).


Stability and Growth of Payments

Stable Dividend: HWBK's dividends per share have been stable in the past 10 years.

Growing Dividend: HWBK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.4%), HWBK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.2yrs

Average board tenure


CEO

David Turner (64 yo)

10.67yrs

Tenure

US$711,256

Compensation

Mr. David T. Turner has been the Chairman and Chief Executive Officer of Hawthorn Bancshares, Inc. (formerly, Exchange National Bancshares Inc.) since January 1, 2011. Mr. Turner has been the President of...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD711.26K) is about average for companies of similar size in the US market ($USD547.94K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: HWBK's board of directors are considered experienced (7.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hawthorn Bancshares, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Hawthorn Bancshares, Inc.
  • Ticker: HWBK
  • Exchange: NasdaqGS
  • Founded: 1865
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$147.294m
  • Shares outstanding: 6.62m
  • Website: https://www.hawthornbancshares.com

Number of Employees


Location

  • Hawthorn Bancshares, Inc.
  • 132 East High Street
  • Box 688
  • Jefferson City
  • Missouri
  • 65102
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 00:48
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.