Hawthorn Bancshares (HWBK) Revenue & Revenue Breakdown
Hawthorn Bancshares Revenue Highlights
Latest Revenue (Y)
$87.96M
Latest Revenue (Q)
$27.54M
Main Segment (Y)
Banking
Hawthorn Bancshares Revenue by Period
Hawthorn Bancshares Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $87.96M | 20.94% |
| 2022-12-31 | $72.73M | -3.13% |
| 2021-12-31 | $75.08M | 10.45% |
| 2020-12-31 | $67.97M | 17.94% |
| 2019-12-31 | $57.63M | 6.36% |
| 2018-12-31 | $54.19M | 12.33% |
| 2017-12-31 | $48.24M | 4.97% |
| 2016-12-31 | $45.95M | -7.95% |
| 2015-12-31 | $49.92M | 10.69% |
| 2014-12-31 | $45.10M | -3.31% |
| 2013-12-31 | $46.65M | -1.47% |
| 2012-12-31 | $47.34M | -8.63% |
| 2011-12-31 | $51.82M | -3.09% |
| 2010-12-31 | $53.47M | 5.15% |
| 2009-12-31 | $50.85M | 7.24% |
| 2008-12-31 | $47.41M | 0.34% |
| 2007-12-31 | $47.25M | -0.01% |
| 2006-12-31 | $47.26M | 15.45% |
| 2005-12-31 | $40.93M | 22.42% |
| 2004-12-31 | $33.44M | 1.85% |
| 2003-12-31 | $32.83M | 8.56% |
| 2002-12-31 | $30.24M | 3.22% |
| 2001-12-31 | $29.30M | 17.39% |
| 2000-12-31 | $24.96M | 31.55% |
| 1999-12-31 | $18.97M | 456.93% |
| 1998-12-31 | $3.41M | 17.33% |
| 1997-12-31 | $2.90M | 27.05% |
| 1996-12-31 | $2.29M | - |
Hawthorn Bancshares generated $87.96M in revenue during NA 2023, up 20.94% compared to the previous quarter, and up 162.32% compared to the same period a year ago.
Hawthorn Bancshares Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $27.54M | 1.72% |
| 2024-03-31 | $27.07M | 71.26% |
| 2023-12-31 | $15.81M | 0.32% |
| 2023-09-30 | $15.76M | -0.31% |
| 2023-06-30 | $15.80M | -7.78% |
| 2023-03-31 | $17.14M | -5.35% |
| 2022-12-31 | $18.11M | 1335.92% |
| 2022-09-30 | $1.26M | -93.07% |
| 2022-06-30 | $18.20M | 1493.70% |
| 2022-03-31 | $1.14M | -93.92% |
| 2021-12-31 | $18.79M | -2.05% |
| 2021-09-30 | $19.18M | 5.04% |
| 2021-06-30 | $18.26M | -3.11% |
| 2021-03-31 | $18.85M | 3.03% |
| 2020-12-31 | $18.29M | -3.37% |
| 2020-09-30 | $18.93M | 18.46% |
| 2020-06-30 | $15.98M | 8.16% |
| 2020-03-31 | $14.77M | -0.79% |
| 2019-12-31 | $14.89M | 0.99% |
| 2019-09-30 | $14.74M | 3.27% |
| 2019-06-30 | $14.28M | 4.06% |
| 2019-03-31 | $13.72M | -1.56% |
| 2018-12-31 | $13.94M | 8.55% |
| 2018-09-30 | $12.84M | 1.72% |
| 2018-06-30 | $12.62M | -3.30% |
| 2018-03-31 | $13.05M | 6.17% |
| 2017-12-31 | $12.30M | 1.59% |
| 2017-09-30 | $12.10M | -6.32% |
| 2017-06-30 | $12.92M | 9.03% |
| 2017-03-31 | $11.85M | -0.90% |
| 2016-12-31 | $11.96M | 4.94% |
| 2016-09-30 | $11.39M | 2.83% |
| 2016-06-30 | $11.08M | -3.85% |
| 2016-03-31 | $11.52M | -1.14% |
| 2015-12-31 | $11.66M | -3.57% |
| 2015-09-30 | $12.09M | 3.87% |
| 2015-06-30 | $11.64M | 3.92% |
| 2015-03-31 | $11.20M | -1.25% |
| 2014-12-31 | $11.34M | -1.48% |
| 2014-09-30 | $11.51M | 2.15% |
| 2014-06-30 | $11.27M | 2.63% |
| 2014-03-31 | $10.98M | -4.12% |
| 2013-12-31 | $11.45M | -0.96% |
| 2013-09-30 | $11.56M | -4.98% |
| 2013-06-30 | $12.17M | 6.18% |
| 2013-03-31 | $11.46M | 25.38% |
| 2012-12-31 | $9.14M | -28.60% |
| 2012-09-30 | $12.80M | 1.48% |
| 2012-06-30 | $12.62M | -1.33% |
| 2012-03-31 | $12.79M | -2.85% |
| 2011-12-31 | $13.16M | -0.01% |
| 2011-09-30 | $13.16M | 1.55% |
| 2011-06-30 | $12.96M | 3.42% |
| 2011-03-31 | $12.53M | -9.30% |
| 2010-12-31 | $13.82M | 0.35% |
| 2010-09-30 | $13.77M | 1.51% |
| 2010-06-30 | $13.56M | 10.13% |
| 2010-03-31 | $12.32M | -2.94% |
| 2009-12-31 | $12.69M | -2.66% |
| 2009-09-30 | $13.04M | 1.65% |
| 2009-06-30 | $12.82M | 4.31% |
| 2009-03-31 | $12.30M | 7.04% |
| 2008-12-31 | $11.49M | -5.66% |
| 2008-09-30 | $12.18M | 2.85% |
| 2008-06-30 | $11.84M | -0.63% |
| 2008-03-31 | $11.91M | -2.67% |
| 2007-12-31 | $12.24M | - |
Hawthorn Bancshares generated $27.54M in revenue during Q2 2024, up 1.72% compared to the previous quarter, and up 160.67% compared to the same period a year ago.
Hawthorn Bancshares Revenue Breakdown
Hawthorn Bancshares Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Service | $2.94M | $3.00M | $3.09M | $2.95M | $3.61M |
| Bank Servicing | $-584.00K | $1.00M | $580.00K | $-49.00K | $39.00K |
| Banking | $4.03M | $4.08M | $3.96M | $3.20M | $3.06M |
| Fiduciary and Trust | $1.09M | $1.18M | $1.32M | - | - |
| Fiduciary And Trust | - | - | - | $1.19M | $1.24M |
Hawthorn Bancshares's latest annual revenue breakdown by segment (product or service), as of Dec 23: Banking (53.88%), Service (39.35%), Fiduciary and Trust (14.58%), and Bank Servicing (-7.81%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank Servicing | $-51.00K | $3.00K | - | $125.00K | $99.00K | $193.00K | $143.00K | $383.00K | $248.00K | $231.00K | $85.00K | $71.00K | $351.00K | $73.00K | $-1.00K | $54.00K | $-16.00K | $-87.00K | $1.00K | $36.00K |
| Service | $777.00K | $817.00K | $761.00K | $760.00K | $737.00K | $684.00K | $680.00K | $693.00K | $835.00K | $793.00K | $809.00K | $782.00K | $765.00K | $739.00K | $773.00K | $816.00K | $566.00K | $799.00K | $910.00K | $953.00K |
| Fiduciary and Trust | $317.00K | $302.00K | $270.00K | $283.00K | $266.00K | $271.00K | $260.00K | $287.00K | $296.00K | $340.00K | $414.00K | - | - | - | - | - | - | - | - | - |
| Banking | $1.07M | $973.00K | $984.00K | $1.03M | $1.05M | $960.00K | $1.03M | $1.03M | $1.06M | $961.00K | $1.03M | $1.04M | $1.02M | $860.00K | $850.00K | $846.00K | $812.00K | $693.00K | $779.00K | $794.00K |
| Fiduciary And Trust | - | - | - | - | - | - | - | - | - | - | - | $308.00K | $308.00K | $294.00K | $265.00K | $263.00K | $279.00K | $379.00K | $277.00K | $371.00K |
Hawthorn Bancshares's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Banking (50.76%), Service (36.69%), Fiduciary and Trust (14.97%), and Bank Servicing (-2.41%).
Hawthorn Bancshares Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| HWBK | Hawthorn Bancshares | $87.96M | $27.54M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| FCAP | First Capital | $51.24M | $14.24M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $33.45M | $8.40M |
| MGYR | Magyar Bancorp | $30.42M | $12.74M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
HWBK Revenue FAQ
What is Hawthorn Bancshares’s yearly revenue?
Hawthorn Bancshares's yearly revenue for 2023 was $87.96M, representing an increase of 20.94% compared to 2022. The company's yearly revenue for 2022 was $72.73M, representing a decrease of -3.13% compared to 2021. HWBK's yearly revenue for 2021 was $75.08M, representing an increase of 10.45% compared to 2020.
What is Hawthorn Bancshares’s quarterly revenue?
Hawthorn Bancshares's quarterly revenue for Q2 2024 was $27.54M, a 1.72% increase from the previous quarter (Q1 2024), and a 74.22% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $27.07M, a 71.26% increase from the previous quarter (Q4 2023), and a 57.96% increase year-over-year (Q1 2023). HWBK's quarterly revenue for Q4 2023 was $15.81M, a 0.32% increase from the previous quarter (Q3 2023), and a -12.70% decrease year-over-year (Q4 2022).
What is Hawthorn Bancshares’s revenue growth rate?
Hawthorn Bancshares's revenue growth rate for the last 3 years (2021-2023) was 17.16%, and for the last 5 years (2019-2023) was 52.61%.
What are Hawthorn Bancshares’s revenue streams?
Hawthorn Bancshares's revenue streams in c 23 are Service, Bank Servicing, Banking, and Fiduciary and Trust. Service generated $2.94M in revenue, accounting 39.35% of the company's total revenue, down -2.00% year-over-year. Bank Servicing generated $-584K in revenue, accounting -7.81% of the company's total revenue, down -158.17% year-over-year. Banking generated $4.03M in revenue, accounting 53.88% of the company's total revenue, down -1.35% year-over-year. Fiduciary and Trust generated $1.09M in revenue, accounting 14.58% of the company's total revenue, down -7.94% year-over-year.
What is Hawthorn Bancshares’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Hawthorn Bancshares was Banking. This segment made a revenue of $4.03M, representing 53.88% of the company's total revenue.