Hawthorn Bancshares (HWBK) financial statements
Hawthorn Bancshares reported revenue of $80M in fiscal 2025, up 5.7% a year over 9 years.
Net income was $24M.
Free cash flow was $23M, and the company returned $5M in dividends and $3M in net buybacks.
The diluted share count rose 14% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Hawthorn Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $49M | $52M | $54M | $58M | $68M | $75M | $73M | $67M | $73M | $80M |
| Operating income | — | — | — | — | — | — | $24M | $14M | $23M | $29M |
| Interest expense | $6M | $8M | $13M | $15M | $10M | $6M | $10M | $33M | — | — |
| Pre-tax income | $11M | $11M | $12M | $20M | $17M | $28M | $25M | $432,000 | $22M | $29M |
| Income tax | $4M | $8M | $2M | $4M | $3M | $6M | $4M | -$524,000 | $4M | $5M |
| Net income | $7M | $3M | $11M | $16M | $14M | $23M | $21M | $956,000 | $18M | $24M |
| EPS (diluted) | $1.19 | $0.54 | $1.64 | $2.38 | $2.04 | $3.15 | $2.94 | $0.14 | $2.61 | $3.43 |
| Diluted shares | 6M | 6M | 7M | 7M | 6M | 7M | 7M | 7M | 7M | 7M |
| Operating margin | — | — | — | — | — | — | 33.3% | 21.5% | 32.1% | 36.6% |
| Net margin | 15.0% | 6.6% | 19.9% | 27.9% | 20.9% | 29.9% | 28.5% | 1.4% | 25.0% | 29.7% |
Balance sheet
Fiscal years, from Hawthorn Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $26M | $63M | $42M | $78M | $180M | $160M | $84M | $93M | $51M | $104M |
| Property, plant and equipment | $36M | $35M | $35M | $35M | $35M | $33M | $33M | $32M | $31M | $30M |
| Total assets | $1.3B | $1.4B | $1.5B | $1.5B | $1.7B | $1.8B | $1.9B | $1.9B | $1.8B | $1.9B |
| Total liabilities | $1.2B | $1.3B | $1.4B | $1.4B | $1.6B | $1.7B | $1.8B | $1.7B | $1.7B | $1.7B |
| Shareholders' equity | $91M | $91M | $99M | $115M | $131M | $149M | $127M | $136M | $150M | $174M |
| Net debt | -$26M | -$63M | -$42M | -$78M | -$180M | -$160M | -$84M | -$93M | -$51M | -$104M |
Cash flow
Fiscal years, from Hawthorn Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $14M | $12M | $16M | $19M | $21M | $30M | $20M | $18M | $26M | $27M |
| Capital spending | $1M | $1M | $2M | $2M | $2M | $591,000 | $3M | $2M | $3M | $4M |
| Free cash flow | $12M | $11M | $14M | $17M | $19M | $30M | $18M | $16M | $23M | $23M |
| Stock-based compensation | $17,000 | $3,000 | $0 | $0 | — | $0 | $0 | $42,000 | $184,000 | $392,000 |
| Dividends paid | $1M | $1M | $2M | $3M | $3M | $4M | $4M | $5M | $5M | $5M |
| Share buybacks (net) | -$623,000 | -$878,000 | -$179,000 | $0 | -$906,000 | -$2M | -$3M | $0 | -$1M | -$3M |
| Free cash flow margin | 25.2% | 21.6% | 25.9% | 29.8% | 28.1% | 39.3% | 24.4% | 23.3% | 31.0% | 28.5% |
| Dividends per share | $0.18 | $0.23 | $0.31 | $0.41 | $0.47 | $0.51 | $0.60 | $0.66 | $0.72 | $0.78 |
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What was Hawthorn Bancshares's revenue in 2025?
$80M in fiscal 2025, from its 10-K filing.
How much free cash flow does Hawthorn Bancshares generate?
$23M in fiscal 2025 (operating cash flow minus capital spending).
From Hawthorn Bancshares's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.