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Stock impact report

Hawthorn Bancshares Reports First Quarter 2024 Results [Yahoo! Finance]

Hawthorn Bancshares, Inc. (HWBK) 
US:NASDAQ Investor Relations: hawthornbancshares.com
Company Research Source: Yahoo! Finance
Hawthorn Bank, reported first quarter 2024 net income of $4.5 million and earnings per diluted share (“EPS”) of $0.63. First Quarter Results Net income of $4.5 million , or per diluted share, an increase of per diluted share from the first quarter (the "prior year quarter") Net interest margin, fully taxable equivalent ("FTE") of Return on average assets and equity of and , respectively Loans decreased $20.3 million , or , compared to fourth quarter 2023 (“linked quarter”) Investments decreased $5.3 million , or , compared to the linked quarter Deposits decreased $43.0 million , or , compared to the linked quarter, while other borrowings increased $2.0 million , or , compared to the linked quarter Credit quality remained strong with non-performing loans to total loans of Brent Giles, Chief Executive Officer of Hawthorn Bancshares, Inc. commented, “We are pleased with our first quarter results as we posted improvement in net income, efficiency and margin over the same Show less Read more
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