Hawthorn Bancshares Inc. Common Stock (HWBK)

FairStock Score: 69/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a bank holding company for Hawthorn Bank, this is a small, plain-vanilla lender serving families and businesses. It has no obvious wide moat; community banking is built on local relationships and deposit gathering, but those advantages are modest and hard to verify here because the data lacks CET1, net interest margin, combined ratio and credit-quality detail. The numbers are more encouraging. FairStock's figures at the 2026-10-13 close give a P/E of 10.34, P/B of 1.43, ROE of 14.95%, and a 2.21% dividend yield. The PEG of 0.51 suggests growth is not expensive relative to earnings, and the 0.48 beta implies a quieter stock. Filed results show FY2023 net income of $956,000 and EPS of $0.14, then FY2024 net income of $18.3M and EPS of $2.61, and FY2025 net income of $23.8M and EPS of $3.43. In fiscal Q2 2026, the quarter ended 2026-06-30, net income was $7.3M and diluted EPS was $1.06, up from $6.1M and $0.88 in fiscal Q2 2025. That is a strong recovery and steady profit growth, but the FY2023 near-zero profit reminds me bank earnings can be lumpy. Piotroski 6/9 is acceptable, not pristine. The stock trades near the upper end of its 52-week range, so I would call it reasonably valued, not a bargain. Without CET1, NIM and combined ratio data, and without credit-quality detail, I cannot underwrite credit risk properly. I would want a margin of safety and evidence of consistent book value growth before getting excited.

In plain English: Hawthorn Bancshares is the parent of Hawthorn Bank, a small bank serving families and businesses with deposits, loans, trust and related services. Profitability has recovered strongly: fiscal 2023 net income was only $956,000, but fiscal 2024 and 2025 were much better, and the latest quarter's profit rose from a year earlier. At $37.96, the shares look reasonably priced against recent earnings but not a deep bargain, partly because the stock is near the top of its 52-week range.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer