earnings
confidence high
sentiment positive
materiality 0.55
Hawthorn Bancshares Q1 net income $4.5M, EPS $0.63; dividend raised to $0.19
HAWTHORN BANCSHARES, INC.
2024-Q1 EPS reported
$0.63
- Net income of $4.5M (diluted EPS $0.63) vs $3.3M ($0.47) in prior year quarter, up 36%.
- Net interest margin FTE 3.39% vs 3.16% a year ago; net interest income $14.7M.
- Loans held for investment $1.52B, down 1.3% linked quarter; deposits $1.53B, down 2.7%.
- Non-performing loans to total loans 0.56%; allowance for credit losses 1.56%.
- Quarterly dividend increased $0.02 to $0.19 per share, payable July 1, 2024.