earnings
confidence high
sentiment neutral
materiality 0.65
Hawthorn Bancshares Q3 net income $2.6M ($0.36 EPS); declares $0.17 dividend
HAWTHORN BANCSHARES, INC.
2023-Q3 EPS reported
$1.19
- Net income $2.6M, $0.36 EPS; flat vs Q2 but down 47.7% YoY from $4.9M.
- Net interest margin FTE 3.35%, up 16 bps linked quarter but down 21 bps YoY.
- Non-interest income fell 62% linked quarter due to $2.8M OREO write-down.
- Credit quality remained strong: NPLs 0.25% of loans; allowance for credit losses 1.44%.
- Dividend of $0.17/share declared, payable Jan 1, 2024, record Dec 15, 2023.