earnings
confidence high
sentiment positive
materiality 0.60
Hawthorn Bancshares Q2 net income $4.6M, EPS $0.66; declares $0.19 dividend
HAWTHORN BANCSHARES, INC.
2024-Q2 EPS reported
$1.29
- Net income $4.6M ($0.66 diluted EPS) vs $2.5M ($0.36) a year ago; up 81.6% YoY.
- Net interest margin (FTE) 3.33%; loans down 1.3% QoQ, deposits up 1.5% QoQ.
- Non-performing loans dropped to 0.30% of total loans at June 30 from 0.56% at March 31.
- Quarterly cash dividend of $0.19 per share declared, payable Oct 1 to Sept 15 holders.
- Share repurchases of $1.0M in H1 2024; $4.0M remaining under plan.