New insider activity at Hawthorn Bancshares ( (HWBK) ) has taken place on February 6, 2025.
Director Jonathan Holtaway recently sold 5,468 shares of Hawthorn Bancshares stock, amounting to a total sale value of $179,685. This transaction highlights significant insider activity within the company.
Recent Updates on HWBK stock
Hawthorn Bancshares recently reported strong financial results for Q4 2024, with a net income of $4.6 million and a total net income of $18.3 million for the year, showcasing a significant increase from the previous year. The company also announced its expansion with approval to open a new banking center in Overland Park, Kansas. Key financial metrics included an improved net interest margin of 3.55% for the quarter and 3.41% for the year, a notable rise in investments by 14.7%, and decreases in loans and deposits by 4.7% and 2.4%, respectively. These results reflect the company’s strategic focus on operational efficiency, as evidenced by a 5.4% reduction in non-interest expenses, and its commitment to future growth through expansion and core efficiency enhancements. The improved financial performance and expansion plans have contributed to a positive outlook for the company’s growth potential.
More about Hawthorn Bancshares
YTD Price Performance: 9.61%
Average Trading Volume: 10,690
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $228.8M
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