Company Analysis

Hawthorn Bancshares, Inc. (HWBK)

Nasdaq: HWBK · National Commercial Banks · Jefferson City, MO · filing with the SEC since 1996
Grade5.0
◀ Past 4.4● Present 4.7▶ Future 6.6

The grade of Hawthorn Bancshares, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.0/10
◀ Past4.440% of the headline
● Present4.735% of the headline
▶ Future6.625% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.4/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.5/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2023-12-27.

weight 45% of this tense · 35th percentile among 83 sector filers · read for itself

From the record

Hawthorn Bancshares, Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2023-12-27) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.5/10

What has it actually done, year after year?

+8.7% a year over 10 filed years; profitable in 10 of 10.

weight 22% of this tense · 55th percentile among 79 sector filers · read for its customers

From the record

Hawthorn Bancshares, Inc.'s 10 filed years say what it did: revenue went from $46 million in fiscal 2016 to $98 million in fiscal 2025, up 8.7% a year; it rose in 8 of 9 years; the deepest fall was 2% from fiscal 2019 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span8.7%bottom 18% of its family
  • the share of years revenue rosetop 31% of its family
  • the share of filed years with a profittop 42% of its family
  • the deepest fall from a revenue peak1.5%top 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
4.9/10

How has it treated the people who own it?

Share count shrank 0.6% a year. 27% of cash flow returned. Insiders: 0 sales, 2 purchases.

weight 33% of this tense · 49th percentile among 81 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Hawthorn Bancshares, Inc.'s diluted share count shrank about 0.6% a year, and dividends and buybacks returned about 27% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 2 purchases of their own stock on the open market in the year to 2026-09-30, buying about $50 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 32% of its family
  • cash returned against operating cash flowbottom 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.7/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
5.9/10

Is it financially healthy right now?

ROE 14%: 14¢ of profit per shareholder dollar. Leverage 91%: owes 91¢ per asset dollar.

weight 45% of this tense · 59th percentile among 83 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Hawthorn Bancshares, Inc. earned about 14 cents of profit for every dollar of shareholders' money. Leverage: it owed about 91 cents per dollar of assets, and net share issuance: its share count shrank 0.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 23% of its family
  • return on equitytop 11% of its family
  • the share count against the year beforetop 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.1/10

How strong is its position in its industry?

bottom 32% of 79 in its family; net margin 24.4%.

weight 33% of this tense · 32nd percentile among 79 sector filers · read for its customers

From the record

Hawthorn Bancshares, Inc.'s standing among 79 graded names in its industry family: revenue of $98 million in fiscal 2025 ranks in the bottom 14% by size; a net margin of 24.4% ranks in the top 36%; revenue growth of 12.1% a year over the last 3 filed years ranks in the bottom 17% (its annual reports).

What it rests on

  • revenue against the family$97.7Mbottom 14% of its family
  • net margin24.4%top 36% of its family
  • three-year revenue growth12.1%bottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.7/10

What are the people in charge doing?

bottom 47% of 74 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 47th percentile among 74 sector filers · read for its shareholders

From the record

Hawthorn Bancshares, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Giles, Brent M (CHIEF EXECUTIVE OFFICER, as filed), filing under that title since 2023-05-02, 3.5 years (bottom 26% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 5.9 years (bottom 34%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (top 18%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge3 in three years among 14 peopletop 18% of its family
  • the median years the people in charge have filed5.9 yearsbottom 34% of its family
  • the chief executive's years on the record3.5 yearsbottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.6/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.5/10

How much room does it have to grow?

top 35% of 71 in its family for room to expand.

weight 33% of this tense · 65th percentile among 71 sector filers · read for itself

From the record

Hawthorn Bancshares, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $104 million against no long-term debt tagged leaves 5.5% of its assets as net cash, top 26% of its family; cash from operations less capital spending is 23.4% of revenue (top 44%) (its annual report).

What it rests on

  • cash less debt against assets5.5%top 26% of its family
  • cash from operations less capital spending against revenue23.4%top 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.0/10

What could actually drive growth from here?

top 50% of 79 in its family for growth drivers.

weight 33% of this tense · 50th percentile among 79 sector filers · read for its customers

From the record

Hawthorn Bancshares, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 12.1% a year over the last three filed years against 8.7% over all 10, speeding up (bottom 41% of its family); the newest year grew 2.4% (bottom 42%); capital spending grew 16.7% a year (top 33%) (its annual reports). Hawthorn Bancshares, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+3.4 points a yearbottom 41% of its family
  • the newest year's revenue growth2.4%bottom 42% of its family
  • three-year growth of capital spending16.7%top 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
8.1/10

Did its newest year beat what its own record pointed to?

top 19% of 76 in its family for expectations against reality.

weight 33% of this tense · 81st percentile among 76 sector filers · read for its shareholders

From the record

Hawthorn Bancshares, Inc.'s newest year against its own record: revenue of $98 million in fiscal 2025 came in 12.7% below the $112 million its prior three years' pace pointed to (top 36% of its family); net income of $24 million against a prior three-year average of $13 million (top 14%); a net margin of 24.4% against 16.7% before (top 6%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-12.7%top 36% of its family
  • net income against the prior three years' average+79%top 14% of its family
  • net margin against its prior average+7.7 pointstop 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton HWBK · research, not advice