New insider activity at Hawthorn Bancshares ( (HWBK) ) has taken place on February 8, 2025.
Director Jonathan Holtaway has recently sold 7,443 shares of Hawthorn Bancshares stock, amounting to a total value of $245,295.
Recent Updates on HWBK stock
Hawthorn Bancshares has reported a net income of $4.6 million for Q4 2024 and $18.3 million for the year, showing significant growth from the previous year. Key developments include an improvement in the net interest margin to 3.55% in the fourth quarter and a yearly margin of 3.41%. The company has also been approved to open a new banking center in Overland Park, Kansas, indicating expansion plans. Investments rose by 14.7%, while loans and deposits saw decreases of 4.7% and 2.4%, respectively. Despite these reductions, Hawthorn Bancshares decreased its non-interest expenses by 5.4%, focusing on operational efficiency. The company maintains strong asset quality with non-performing loans at 0.19% and a total risk-based capital ratio of 14.79%. These strategic decisions and financial performance suggest a positive outlook, with management optimistic about future growth and operational improvements.
More about Hawthorn Bancshares
YTD Price Performance: 9.74%
Average Trading Volume: 11,314
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $229.1M
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