Hawthorn Bancshares Q1 Net Income Rises 25.9% to $6.8M and Declares $0.21 Dividend
Hawthorn Bancshares reported Q1 2026 net income of $6.8 million, or $0.98 per share, up 25.9% year-over-year, with net interest margin steady at 4.07% and efficiency ratio improving to 60.46%. The board also approved a quarterly cash dividend of $0.21 per share payable July 1, record date June 15.
1. First Quarter 2026 Financial Performance
Hawthorn Bancshares reported net income of $6.8 million for Q1 2026, up 25.9% year-over-year, translating to $0.98 diluted EPS, a 27% increase from the prior year. Net interest margin remained strong at 4.07% as net interest income rose $1.8 million while non-interest income increased 25.3%. The efficiency ratio improved to 60.46% from 66.64% a year earlier, reflecting controlled expenses and revenue growth. Loans held for investment and deposits decreased 2.2% and 2.3% quarter-over-quarter, respectively, while the total risk-based capital ratio stood at a robust 15.91%.
2. Quarterly Cash Dividend Approval
The board approved a quarterly cash dividend of $0.21 per common share, payable July 1, 2026 to holders of record as of June 15, underscoring the company’s strong capital position and commitment to returning value to shareholders.