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Companies / Financials / Hawthorn Bancshares, Inc.
HWBK

Hawthorn Bancshares, Inc.

FinancialsCommercial Banks
Ticker HWBKJEFFERSON CITY, MOFiscal year ends DecemberBook value per share $26.44Diluted shares 6.9M

Hawthorn Bancshares, Inc. (Nasdaq: HWBK) is a bank holding company that owns Hawthorn Bank, a full-service financial institution founded in 1932 and headquartered in Jefferson City, Missouri. The company's website is www.hawthornbancshares.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$80.19M
+10.0% year over year
Last 12 mo $84.58M
36.26%
+5.6 percentage points
Last 12 mo 36.93%
$23.80M
+30.4% year over year
Last 12 mo $25.39M
13.66%
+1.5 percentage points
Last 12 mo 13.89%
Cash & financing
$26.92M
+5.2% year over year
Last 12 mo $33.58M
$22.84M
+1.1% year over year
Last 12 mo $27.91M
9.80
Was 11.13× a year earlier
Last 12 mo 0.44
6.9M
−0.8% year over year
Last 12 mo 6.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Hawthorn Bancshares, Inc. does

In the company’s own words

Hawthorn Bancshares, Inc. (Nasdaq: HWBK) is a bank holding company that owns Hawthorn Bank, a full-service financial institution founded in 1932 and headquartered in Jefferson City, Missouri. The company's website is www.hawthornbancshares.com.

The company operates through two reportable segments: the Bank segment and the Wealth Management segment, which was established as a separate reportable segment beginning in 2025. The Bank segment provides comprehensive banking services including checking and savings accounts, certificates of deposit, internet banking, debit cards, brokerage services, safety deposit boxes, and a broad range of lending services encompassing commercial and industrial loans, single payment personal loans, installment loans, and commercial and residential real estate loans. The Wealth Management segment offers financial and investment planning services for individuals and business owners, along with trust services.

As of December 31, 2025, the company employed approximately 255 full-time and 11 part-time employees. Hawthorn Bank operates 18 banking offices across central and west-central Missouri, extending into the Kansas City metropolitan statistical area. The company's primary service areas include Jefferson City, Columbia, Clinton, Warsaw, and Springfield, Missouri, with secondary service areas in nearby Missouri counties.

The company maintains two significant non-bank subsidiaries. Hawthorn Real Estate, LLC was formed to purchase and hold nonperforming assets for orderly disposition. HB Realty, LLC, established in 2018, qualifies as a real estate investment trust under the Internal Revenue Code and holds mortgage loans contributed by the Bank, with an approximate aggregate book value of $578.4 million as of December 31, 2025.

Hawthorn Bancshares operates as a financial holding company registered with the Federal Reserve, having elected financial holding company status in 2001. The Bank's deposits are insured by the Federal Deposit Insurance Corporation and operations are supervised by the FDIC and the Missouri Division of Finance. The company's business model focuses on community banking with an emphasis on serving small- and medium-sized businesses and individual customers in its core markets.

Company details
Sector
Financials
Industry (SIC)
Commercial Banks
Headquarters
JEFFERSON CITY, MO
Fiscal year end
December
CIK
893847
SIC
6021

Financial performance, year by year

Fiscal 2013–2025 · USD
$-8.46M$16.92M$42.29M$67.67M$93.04M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Hawthorn Bancshares, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

102
funds hold it
0 of 35
superinvestors hold it
$34.16M
held by funds, at market
13.2%
of shares held by funds

Largest fund holders · Hawthorn Bancshares, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 Value ETF
IWN · iShares Trust
0.01%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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