Quarterly ResultOct 30, 2026, 04:22 PM
Hawthorn Bancshares Q3 Net Income $7.1M; Declares $0.21 Dividend
AI Summary
Hawthorn Bancshares, Inc. announced its financial results for the third quarter ended September 30, 2026. Net income rose 15.2% year-over-year to $7.1 million, with diluted EPS of $1.01. The company also announced its Board of Directors approved a quarterly cash dividend of $0.21 per common share. The acquisition of FSC Bancshares, Inc. contributed to significant increases in loans and deposits.
Key Highlights
- Hawthorn Bancshares reported Q3 2026 net income of $7.1 million, or $1.01 EPS, a 15.2% increase YoY.
- Adjusted net income for Q3 2026 was $8.6 million, with adjusted EPS of $1.23.
- Net interest margin (FTE) improved to 4.41% in Q3 2026, up from 3.97% in Q3 2025.
- Loans increased 19.3% and deposits increased 20.3% compared to the prior quarter, mainly due to the FSC Bancshares acquisition.
- The company's Board of Directors approved a quarterly cash dividend of $0.21 per common share, payable January 1, 2027.
- Acquisition related expenses were $2.0 million in Q3 2026, an increase from the prior quarter.
- Non-performing assets to total loans was 0.59% at September 30, 2026, up from 0.48% in the prior year quarter.
Price Impact
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