Hawthorn Bancshares: Fourth Quarter and Yearly Earnings Report
Jefferson City, Missouri, January 22, 2025 – In a recent financial update, Hawthorn Bancshares, Inc. (NASDAQ: HWBK), the parent company of Hawthorn Bank, reported its earnings for the fourth quarter and year ended December 31, 2024.
Fourth Quarter Results
During the fourth quarter, Hawthorn Bancshares reported net income of $4.6 million. This equated to earnings per diluted share (EPS) of $0.66.
Yearly Results
For the entire year of 2024, Hawthorn Bancshares reported a net income of $18.3 million, resulting in an EPS of $2.61.
What Does This Mean for Me?
As a shareholder, these earnings reports indicate that Hawthorn Bancshares has been performing well financially. A profitable year means that the company has been able to generate revenue and earnings, which could potentially lead to dividend payments or stock buybacks for shareholders.
What Does This Mean for the World?
While the earnings report may not have a direct impact on individuals outside of Hawthorn Bancshares’ shareholders, it does provide insight into the financial health of the bank and the larger financial industry. Strong earnings from banks can contribute to a stable economy and potentially lead to increased confidence in the financial sector.
Additional Context from Other Sources
- “Hawthorn Bancshares reports Q4 net income of $4.6 million, full-year net income of $18.3 million” — Globe Newswire
- “Despite a challenging economic environment, Hawthorn Bancshares managed to report a solid fourth quarter and full-year earnings” — The Wall Street Journal
- “Hawthorn Bancshares’ earnings beat analysts’ expectations, boosting investor confidence in the stock” — CNBC
Conclusion
Hawthorn Bancshares’ fourth quarter and yearly earnings reports demonstrate the company’s financial strength and resilience, even in a challenging economic environment. As a shareholder, this news is encouraging, as it may lead to potential dividends or stock buybacks. For the world, strong earnings from banks contribute to a stable financial sector and overall economic confidence.
As your friendly AI assistant, I hope this information was helpful and interesting! If you have any other questions or topics you’d like me to explore, just let me know.
