HWBK - NASDAQ

Hawthorn Bancshares, Inc.

HWBK·NASDAQ

$34.80

-4.1%

Financial ServicesBanks - Regional

Hawthorn Bancshares, Inc. operates as the bank holding company for Hawthorn Bank that provides commercial and personal banking services. It accepts checking, savings, money market, individual retirement, and other time deposit accounts; and certificates of deposit. The company also offers commercial and industrial, single payment personal, installment, commercial and residential real estate, and consumer loans, as well as equipment, operating, and small business administration loans; and debit and credit cards. In addition, it provides trust services that include estate planning, investment, and asset management services; and cash management, safety deposit box, brokerage, and Internet banking services. The company operates through 23 banking offices in Missouri communities, Jefferson City, Columbia, Clinton, Warsaw, Springfield, St. Louis, and the greater Kansas City metropolitan area. Hawthorn Bancshares, Inc. was founded in 1865 and is headquartered in Jefferson City, Missouri.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$240.00M

EPS3.4400

P/E Ratio10.12

Earnings Date07/29/2026

1.89B

Assets

3Y-1.0%

5Y+9.0%

10Y+47.0%

1.72B

Total Liabilities

3Y-4.0%

5Y+7.0%

10Y+44.0%

174.23M

Total Equity

17%

3Y+37.0%

5Y+33.0%

10Y+91.0%

Hawthorn Bancshares, Inc. Funding & Solvency Profile

HWBK · NASDAQ

Current Assets

Cash & Cash Equivalents105.31M

Net Receivables0.00

Inventory0.00

Other Current Assets0.00

Total Current Assets178 M

Non-Current Assets

Property, Plant & Equipment29.96M

Goodwill & Intangible Assets0.00

Long-Term Investments1.61B

Other Non-Current Assets79.17M

Total Non-Current Assets2 B

Total Assets

1.89B

Financial Health Analysis

Current Ratio

0.11x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

9.88x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-1376248000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

9% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Hawthorn Bancshares, Inc. Balance Sheet

HWBK • NASDAQ

Hawthorn Bancshares, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	105.3M	52M	93.5M	86.6M	158M	28.6M	33.4M	35.9M	26.8M	26.6M	20.5M	22.4M	27.1M	31M	43.1M	50.9M	24.6M	53.7M	35.2M	43.1M
Short-Term Investments	72.6M	218.7M	188.7M	250.7M	310.9M	198M	175.1M	218.2M	231M	214.5M	235.1M	199M	206M	200.2M	213.8M	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	177.9M	270.6M	282.2M	337.4M	468.9M	226.6M	208.5M	254.1M	257.8M	241.1M	255.5M	221.4M	233.1M	231.3M	256.9M	50.9M	24.6M	53.7M	35.2M	43.1M
Net Receivables	0.0	0.0	8.7M	8M	6.6M	6.6M	6.5M	6.2M	5.6M	5.2M	4.9M	4.8M	5M	5.2M	5.3M	5.7M	6.6M	7.5M	8.8M	8.8M
Accounts Receivables	0.0	0.0	8.7M	8M	6.6M	6.6M	6.5M	6.2M	5.6M	5.2M	4.9M	4.8M	5M	5.2M	5.3M	5.7M	6.6M	7.5M	8.8M	8.8M
Total Current Assets	177.9M	270.6M	290.9M	345.3M	475.5M	233.3M	215M	260.3M	263.4M	246.3M	260.4M	226.2M	238.1M	236.5M	262.3M	56.6M	31.2M	61.2M	44M	51.9M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	30M	31.2M	32M	32.9M	32.7M	34.6M	35.4M	34.9M	34.8M	35.5M	36.4M	37.5M	38.1M	37M	38M	37M	38.6M	39.3M	40.5M	34.7M
Intangible Assets	0.0	0.0	1.7M	2.9M	2.7M	2.4M	2.5M	2.9M	2.7M	2.6M	2.8M	2.8M	3M	2.5M	2.9M	3.3M	3.5M	3.3M	8.8M	8.8M
Goodwill & Intangible Assets	0.0	0.0	1.7M	2.9M	2.7M	2.4M	2.5M	2.9M	2.7M	2.6M	2.8M	2.8M	3M	2.5M	2.9M	3.3M	3.5M	3.3M	44.3M	45.4M
Long-Term Investments	1.6B	1.4B	1.5B	1.5B	1.3B	1.3B	1.2B	1.1B	1.1B	968.8M	861.1M	853.8M	827.5M	832.1M	829.1M	1.1B	1.1B	1.1B	1.1B	993.1M
Other Non-Current Assets	79.2M	79M	31.2M	36M	33M	189.3M	83.2M	48.4M	70.5M	33.9M	40.2M	49.5M	33.5M	73.4M	39M	40.4M	33.4M	30.1M	7.6M	17.7M
Total Non-Current Assets	1.7B	1.6B	1.6B	1.6B	1.4B	1.5B	1.3B	1.2B	1.2B	1B	940.5M	943.6M	902.1M	945.2M	908.9M	1.1B	1.2B	1.2B	1.2B	1.1B
Total Assets	1.9B	1.8B	1.9B	1.9B	1.8B	1.7B	1.5B	1.5B	1.4B	1.3B	1.2B	1.2B	1.1B	1.2B	1.2B	1.2B	1.2B	1.3B	1.2B	1.1B
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	0.0	1.8M	902K	282K	837K	1.1M	1M	554K	498K	382K	373K	426K	909K	1.1M	1.5M	2.4M	3.8M	4.7M	4.4M
Accounts Payable	0.0	0.0	1.8M	902K	282K	837K	1.1M	1M	554K	498K	382K	373K	426K	909K	1.1M	1.5M	2.4M	3.8M	4.7M	4.4M
Short Term Debt	0.0	0.0	0.0	5.2M	23.8M	45.2M	27.3M	24.6M	27.6M	31M	56.8M	18M	31.1M	21.1M	24.5M	30.1M	36.6M	29.1M	25.7M	29.5M
Other Current Liabilities	1.6B	1.5B	1.6B	1.6B	1.5B	1.4B	1.2B	1.2B	1.1B	1B	947.2M	969.5M	956.5M	991.3M	958.2M	946.7M	956.3M	955.3M	921.3M	901.6M
Total Current Liabilities	1.6B	1.5B	1.6B	1.6B	1.5B	1.4B	1.2B	1.2B	1.2B	1B	1B	987.9M	988M	1B	983.8M	978.2M	995.4M	988.3M	951.7M	935.4M
NON-CURRENT LIABILITIES
Long Term Debt	151.6M	131M	156.5M	147.5M	126.9M	156.2M	146.4M	144.6M	170.9M	142.9M	99.5M	92.5M	73.5M	69.6M	77.9M	116.5M	128.8M	178.5M	127.4M	96.9M
Other Non-Current Liabilities	11M	9.8M	9M	8.9M	12.9M	15.2M	14.4M	13.5M	13.1M	11M	9.7M	8.8M	4.3M	6.5M	6.9M	4M	4.5M	6.5M	5.5M	5.5M
Total Non-Current Liabilities	166.5M	142.5M	166.6M	158M	141.7M	173.5M	163M	158.1M	183.9M	153.9M	109.2M	101.3M	77.8M	76.1M	84.8M	120.5M	133.3M	185M	132.9M	102.3M
Capital Lease Obligations	3.9M	1.7M	1.2M	1.5M	1.8M	2.1M	2.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	1.7B	1.7B	1.7B	1.8B	1.7B	1.6B	1.4B	1.4B	1.3B	1.2B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B	1.1B	1B
SHAREHOLDERS' EQUITY
Treasury Stock	-14.4M	-12M	-11M	-11M	-8.1M	-6M	-5M	-5M	-5.1M	-4.2M	-3.6M	-3.5M	-3.5M	-3.5M	-3.5M	-3.5M	-3.5M	-3.5M	-2.7M	-2.7M
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	18M	29.3M	28.8M	28.4M	27.9M	0.0	0.0
Common Stock	7.6M	7.6M	7.6M	7.3M	7M	6.8M	6.5M	6.3M	6M	5.8M	5.6M	5.4M	5.2M	5M	4.8M	4.6M	4.5M	4.3M	4.3M	4.3M
Additional Paid-In Capital	76.8M	76.9M	76.8M	71M	64.4M	59.3M	55.7M	50.2M	45.4M	41.5M	38.5M	35.9M	33.4M	31.8M	30.3M	28.9M	27M	25.1M	22.5M	22.2M
Retained Earnings	107.9M	89.5M	76.5M	91.8M	82.3M	68.9M	61.6M	54.1M	50.6M	51.7M	48.7M	44M	40.1M	39.1M	40.4M	41.9M	50.6M	51.6M	85.7M	81.4M
Accumulated Other Comprehensive Income/Loss	-3.6M	-12.4M	-13.8M	-31.7M	3.3M	1.5M	-3.8M	-6.1M	-5.7M	-3.8M	-2M	-1.2M	-769K	1.8M	1.3M	742.1K	912.2K	1M	1.4M	-381K
Total Stockholders' Equity	174.2M	149.5M	136.1M	127.4M	149M	130.6M	115M	99.4M	91.4M	91M	87.3M	80.6M	74.4M	92.2M	102.6M	101.5M	107.8M	106.4M	111.2M	104.9M
Total Equity	174.2M	149.5M	136.1M	127.4M	149M	130.6M	115M	99.4M	91.4M	91M	87.3M	80.6M	74.4M	92.2M	102.6M	101.5M	107.8M	106.4M	111.2M	104.9M
SUMMARY
Total Liabilities & Equity	1.9B	1.8B	1.9B	1.9B	1.8B	1.7B	1.5B	1.5B	1.4B	1.3B	1.2B	1.2B	1.1B	1.2B	1.2B	1.2B	1.2B	1.3B	1.2B	1.1B
Total Investments	1.7B	1.7B	1.7B	1.8B	1.6B	1.5B	1.3B	1.4B	1.3B	1.2B	1.1B	1.1B	1B	1B	1B	1.1B	1.1B	1.1B	1.1B	993.1M
Total Debt	155.5M	132.7M	157.7M	154.2M	152.6M	203.5M	175.9M	169.3M	198.4M	173.9M	156.3M	110.5M	104.6M	90.7M	102.4M	146.5M	165.4M	207.7M	153.1M	126.3M
Net Debt	50.1M	80.7M	64.2M	67.6M	-5.4M	174.8M	142.5M	133.4M	171.6M	147.3M	135.8M	88.1M	77.5M	59.7M	59.3M	95.7M	140.9M	154M	117.9M	83.2M
Shares Outstanding	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968	6,905,968

SEC Filings

HWBK - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 08, 2026	March 31, 2026	2026	View Filing
8-K/A 8-K/A 2026 (Amended) N/A	May 06, 2026	April 29, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 29, 2026	April 29, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 29, 2026	April 29, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 29, 2026	April 29, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 17, 2026	April 17, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 05, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 28, 2026	January 28, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	November 07, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 29, 2025	October 29, 2025	2025	View Filing

Showing 1 to 10 of 387 filings

Related Guides

Blog Categories

Continue your HWBK research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.