earnings
confidence high
sentiment positive
materiality 0.75
Hawthorn Bancshares Q3 net income $4.6M, EPS $0.66 (up 83% YoY); declares $0.19 dividend
HAWTHORN BANCSHARES, INC.
2024-Q3 EPS reported
$1.95
- Net income $4.6M, EPS $0.66 vs $2.6M and $0.36 in Q3 2023; nine-month net income $13.7M ($1.95 EPS).
- Net interest margin (FTE) 3.36%, up from 3.33% prior quarter; loans down 2.1% QoQ, deposits down 3.0% QoQ.
- Non-performing loans to total loans 0.28%; allowance for credit losses 1.50% of loans, net charge-offs 0.04% of avg loans.
- Book value per share $20.91, up 24% YoY; total risk-based capital ratio 14.91%; repurchased 56,692 shares at avg $19.51.
- Quarterly dividend of $0.19 per share declared, payable Jan 1, 2025 to holders of record Dec 15, 2024.