HWBK
Hawthorn Bancshares, Inc.
NasdaqGSUSDEQUITY
Financial Services
DELAYED
Buy
+28/100
Last price
38.54
▲ 0.19 (0.50%)
MARKET · —
Price
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Intraday intervals only cover recent history. The site picks the finest interval the range allows.
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
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Range —
Vol —
vs
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Open
—
Prev close
38.35
Day high
38.75
Day low
37.70
Volume
7.56K
Market cap
$281.87M
P/E (TTM)
10.47
52W range
29.39 – 40.60
Trailing performance
Returnvs SPY
1W
+0.63%
-1.3%
1M
-3.87%
-5.0%
3M
+2.26%
-2.3%
6M
+17.14%
-1.0%
YTD
+10.49%
-3.8%
1Y
+26.90%
+10.5%
3Y
+137.17%
+54.9%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on HWBK open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
1.18M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 27, 26 | HETTINGER SHAWNA M. Director |
BUY | 1.30K | $50.00K | Direct |
| Jun 2, 26 | FREEMAN PHILIP D Director |
STOCK | 500 | $0 | Direct |
| Jun 2, 26 | RILEY KEVIN L Director |
STOCK | 500 | $0 | Direct |
| Jun 2, 26 | TURNER DAVID T Director |
STOCK | 500 | $0 | Direct |
| Jun 2, 26 | WETZEL GUS SEITTER III Director |
STOCK | 500 | $0 | Direct |
| Jun 2, 26 | BURKHEAD FRANK E Director |
STOCK | 500 | $0 | Direct |
| Jun 2, 26 | HOLTAWAY JONATHAN Director |
STOCK | 500 | $0 | Direct |
| Jun 2, 26 | HETTINGER SHAWNA M. Director |
STOCK | 500 | $0 | Direct |
| Jun 2, 26 | STATES JONATHAN L Director |
STOCK | 500 | $0 | Direct |
| Jun 2, 26 | EDEN DOUGLAS TODD Director |
STOCK | 500 | $0 | Direct |
| Jun 2, 26 | BURCHAM JAMES GRANT Director |
STOCK | 500 | $0 | Direct |
| May 1, 26 | GILES BRENT M Chief Executive Officer |
STOCK | 6.85K | $0 | Direct |
| May 1, 25 | GILES BRENT M Chief Executive Officer |
STOCK | 8.17K | $0 | Direct |
| Mar 11, 25 | GILES BRENT M Chief Executive Officer |
BUY | 700 | $18.09K | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BURKHEAD FRANK E |
Director | 19.22K | Stock Award(Grant) |
EDEN DOUGLAS TODD |
Director | 101.08K | Stock Award(Grant) |
FREEMAN PHILIP D |
Director | 99.18K | Stock Award(Grant) |
GILES BRENT M |
Chief Executive Officer | 54.88K | Stock Award(Grant) |
HETTINGER SHAWNA M. |
Director | 5.92K | Purchase |
HOLTAWAY JONATHAN |
Director | 371.39K | Stock Award(Grant) |
RILEY KEVIN L |
Director | 37.15K | Stock Award(Grant) |
STATES JONATHAN L |
Director | 3.78K | Stock Award(Grant) |
TURNER DAVID T |
Director | 114.25K | Stock Award(Grant) |
WETZEL GUS SEITTER III |
Director | 115.70K | Stock Award(Grant) |
Fundamentals
Market cap$281.87M
Enterprise value$315.78M
Revenue (TTM)$83.92M
Gross profit$83.92M
EBITDA—
Net income$25.39M
EPS (TTM)$3.68
Free cash flow—
Total cash$33.74M
Total debt$83.57M
Book value / share$26.49
Shares outstanding7.31M
Float6.23M
Short % of float2.61%
Dividend yield2.18%
Beta (5Y)0.48
Valuation & profitability ratios
Trailing P/E10.47
Forward P/E—
PEG ratio—
Price / sales—
Price / book1.45
EV / revenue3.76
EV / EBITDA—
Gross margin0.00%
Operating margin39.38%
Profit margin30.25%
Return on equity14.95%
Return on assets1.39%
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $80.31M | $72.91M | $55.13M | $72.73M | +10.1% |
| Operating revenue | $80.31M | $72.91M | $55.13M | $72.73M | +10.1% |
| Selling, general & admin | $28.91M | $27.55M | $30.49M | $28.59M | +4.9% |
| Pre-tax income | $29.10M | $22.36M | $432.00K | $25.09M | +30.2% |
| Tax provision | $5.30M | $4.10M | -$524.00K | $4.34M | +29.2% |
| Net income | $23.80M | $18.26M | $956.00K | $20.75M | +30.4% |
| Net income to common | $23.80M | $18.26M | $956.00K | $20.75M | +30.4% |
| Basic EPS | 3.44 | 2.61 | 0.14 | 2.94 | +31.8% |
| Diluted EPS | 3.43 | 2.61 | 0.14 | 2.94 | +31.4% |
| Basic shares | 6.92M | 6.99M | 6.83M | 7.05M | -1.1% |
| Diluted shares | 6.94M | 6.99M | 6.83M | 7.05M | -0.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $105.31M | $51.99M | $93.45M | $86.63M | — | +102.5% |
| Accounts receivable | — | — | $8.66M | $7.95M | $6.62M | — |
| Property, plant & equipment | $29.96M | $31.17M | $32.05M | $32.86M | — | -3.9% |
| Goodwill & intangibles | — | — | $1.74M | $2.90M | $2.66M | — |
| Total assets | $1.89B | $1.83B | $1.88B | $1.92B | — | +3.8% |
| Long-term debt | $151.57M | $131.01M | $156.49M | $147.49M | — | +15.7% |
| Total debt | $155.46M | $132.69M | $157.70M | $149.02M | — | +17.2% |
| Total liabilities | $1.72B | $1.68B | $1.74B | $1.80B | — | +2.7% |
| Retained earnings | $107.86M | $89.54M | $76.46M | $91.79M | — | +20.5% |
| Shareholder equity | $174.23M | $149.55M | $136.09M | $127.41M | — | +16.5% |
| Net tangible assets | $174.23M | $149.55M | $136.09M | $124.51M | — | +16.5% |
| Shares issued | 7.55M | 7.55M | 7.55M | 7.58M | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $23.80M | $18.26M | $956.00K | $20.75M | +30.4% |
| Depreciation & amortisation | $2.24M | $1.65M | $2.11M | $2.14M | +35.8% |
| Stock-based compensation | $392.00K | $184.00K | $42.00K | $0 | +113.0% |
| Change in working capital | $390.00K | -$1.26M | -$2.56M | -$4.01M | +130.9% |
| Operating cash flow | $26.92M | $25.59M | $17.61M | $20.28M | +5.2% |
| Capital expenditure | -$4.08M | -$3.00M | -$2.10M | -$2.57M | -35.8% |
| Investing cash flow | -$6.86M | $1.25M | $54.19M | -$206.53M | -646.7% |
| Share buybacks | -$2.86M | -$1.12M | $0 | -$2.89M | -155.7% |
| Dividends paid | -$5.43M | -$5.05M | -$4.65M | -$4.24M | -7.5% |
| Financing cash flow | $33.26M | -$69.30M | -$62.07M | $110.07M | +148.0% |
| Free cash flow | $22.84M | $22.59M | $15.51M | $17.71M | +1.1% |
| End cash position | $104.31M | $50.99M | $93.45M | $83.72M | +104.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $22.91M | $20.21M | $21.18M | $20.69M | $19.69M | +13.4% |
| Operating revenue | $22.91M | $20.21M | $21.18M | $20.69M | $19.69M | +13.4% |
| Selling, general & admin | $7.83M | $7.02M | $7.46M | $7.46M | $6.92M | +11.6% |
| Pre-tax income | $8.93M | $7.13M | $7.54M | $7.49M | $7.47M | +25.2% |
| Tax provision | $1.60M | $1.39M | $1.36M | $1.36M | $1.37M | +15.5% |
| Net income | $7.33M | $5.74M | $6.18M | $6.13M | $6.10M | +27.6% |
| Net income to common | $7.33M | $5.74M | $6.18M | $6.13M | $6.10M | +27.6% |
| Basic EPS | 1.06 | 0.83 | 0.90 | 0.89 | 0.88 | +27.7% |
| Diluted EPS | 1.06 | 0.83 | 0.90 | 0.88 | 0.88 | +27.7% |
| Basic shares | 6.91M | 6.90M | 6.87M | 6.89M | 6.93M | +0.2% |
| Diluted shares | 6.91M | 6.91M | 6.87M | 6.97M | 6.93M | -0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $33.73M | $102.92M | $105.31M | $100.88M | $101.29M | -67.2% |
| Property, plant & equipment | $30.47M | $30.76M | $29.96M | $30.03M | $29.65M | -0.9% |
| Total assets | $1.77B | $1.86B | $1.89B | $1.93B | $1.88B | -4.5% |
| Long-term debt | $78.85M | $143.86M | $151.57M | $226.57M | $189.59M | -45.2% |
| Total debt | $83.54M | $148.72M | $155.46M | $229.36M | $192.48M | -43.8% |
| Total liabilities | $1.59B | $1.68B | $1.72B | $1.77B | $1.72B | -5.4% |
| Retained earnings | $118.03M | $112.16M | $107.86M | $103.06M | $98.31M | +5.2% |
| Shareholder equity | $182.79M | $175.39M | $174.23M | $164.94M | $156.82M | +4.2% |
| Net tangible assets | $182.79M | $175.39M | $174.23M | $164.94M | $156.82M | +4.2% |
| Shares issued | 6.90M | 7.55M | 7.55M | 7.55M | 7.55M | -8.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $7.33M | $5.74M | $6.18M | $6.13M | $6.10M | +27.6% |
| Depreciation & amortisation | $818.00K | $439.00K | $560.00K | $541.00K | $605.00K | +86.3% |
| Stock-based compensation | $152.00K | $122.00K | $111.00K | $104.00K | $96.00K | +24.6% |
| Change in working capital | $3.75M | $1.22M | $7.04M | -$5.41M | -$1.49M | +208.2% |
| Operating cash flow | $10.18M | $7.97M | $15.14M | $288.00K | $5.76M | +27.7% |
| Capital expenditure | -$637.00K | -$1.87M | -$2.13M | -$1.02M | -$652.00K | +66.0% |
| Investing cash flow | $17.30M | $33.05M | $37.76M | -$43.93M | $5.29M | -47.7% |
| Share buybacks | $4.00K | -$400.00K | -$331.00K | -$308.00K | -$1.78M | +101.0% |
| Dividends paid | -$1.45M | -$1.38M | -$1.38M | -$1.39M | -$1.33M | -4.8% |
| Financing cash flow | -$96.66M | — | — | — | — | — |
| Free cash flow | $9.54M | $6.10M | $13.01M | -$734.00K | $5.11M | +56.4% |
| End cash position | $32.73M | $101.92M | $104.31M | $99.88M | $100.29M | -67.9% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Dec 2011 | 0.15 | -0.21 | -237.5% |
| Sep 2011 | 0.12 | 0.14 | +15.8% |
| Jun 2011 | 0.02 | 0.12 | +433.8% |
| Mar 2011 | -0.05 | 0.06 | +229.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $0 | — |
| Next year | — | — | $0 | — |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders17.08%
Held by institutions30.72%
Institutions holding104
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
38.32
+0.57% from price
SMA 20
38.69
-0.37% from price
SMA 50
39.14
-1.52% from price
SMA 100
38.33
+0.56% from price
SMA 200
36.11
+6.74% from price
EMA 12
38.48
+0.16% from price
EMA 26
38.69
-0.40% from price
EMA 50
38.71
-0.45% from price
RSI (14)
47.9
Neutral
MACD (12,26,9)
-0.22
Hist 0.01
ATR (14)
1.14
2.96% of price
Realised vol 30D
14.5%
Annualised
Bollinger upper
39.81
20, 2σ
Bollinger lower
37.56
20, 2σ
50 / 200 cross
Golden
39.14 vs 36.11
Trend bias
Above 200
+6.74%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.11
Less volatile than market
Correlation to SPY
0.04
Largely independent
Realised vol 30D
14.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-13.7%
Peak to trough
Max drawdown 5Y
-38.4%
Peak to trough
ATR 14
1.14
2.96% of price
Beta (reported)
0.48
5Y monthly, from filing
Short interest
Shares short
149.40K
Prior 90.03K
Change vs prior
+65.9%
Shorts adding
% of float
2.61%
Normal
% of shares out
2.04%
Against total outstanding
Days to cover
10.4
Crowded exit
Float
6.23M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Dividends & splits
Forward rate$0.84 / yr
Forward yield2.18%
5-year avg yield2.65%
Payout ratio22.34%
Ex-dividend dateSep 15, 2026
Next pay dateOct 1, 2026
Last split104:100
Split dateJun 14, 2023
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-10
Corporate Changes & Voting Matters
8-K · 2026-09-04
Periodic Financial Reports
10-Q · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-07-29
Offering Registrations
S-4/A · 2026-07-17
Corporate Changes & Voting Matters
8-K · 2026-07-14
Offering Registrations
S-4 · 2026-06-26
Annual report of employee stock purchase
11-K · 2026-06-25
Headlines
HWBK vs. SBSI: Which Regional Bank Stock Is the Better Buy Today?
Zacks · 9d ago
Hawthorn Bancshares Mourns Passing of Board Director Jonathan “Jon” Holtaway
GlobeNewswire · 27d ago
Hawthorn Bancshares Completes Merger With FSC Bancshares
MT Newswires · 33d ago
Hawthorn Bancshares, Inc. Completes Merger with FSC Bancshares, Inc.
GlobeNewswire · 33d ago
HWBK vs. ATLO: Which Community Bank Stock Is the Better Buy Right Now?
Zacks · 41d ago
Hawthorn Bancshares Stock Gains Post Q2 Earnings, Net Income Up
Zacks · 63d ago
Hawthorn: Q2 Earnings Snapshot
Associated Press · 69d ago
Hawthorn Bancshares Reports Second Quarter 2026 Results
GlobeNewswire · 69d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.