Hawthorn Bancshares (HWBK) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Hawthorn Bancshares Revenue Highlights

Latest Revenue (Y)

$52.79M

Latest Revenue (Q)

$25.00M

Main Segment (Y)

Banking

Hawthorn Bancshares Revenue by Period

Hawthorn Bancshares Revenue by Year

Date	Revenue	Change
2023-12-31	$52.79M	-27.41%
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 $52.79M in revenue during NA 2023, up -27.41% compared to the previous quarter, and up 97.42% compared to the same period a year ago.

Hawthorn Bancshares Revenue by Quarter

Date	Revenue	Change
2025-09-30	$25.00M	-8.93%
2025-06-30	$27.46M	1.99%
2025-03-31	$26.92M	-1.93%
2024-12-31	$27.45M	-0.58%
2024-09-30	$27.61M	0.27%
2024-06-30	$27.54M	1.72%
2024-03-31	$27.07M	71.26%
2023-12-31	$15.81M	-35.47%
2023-09-30	$24.50M	4.11%
2023-06-30	$23.53M	-2.46%
2023-03-31	$24.12M	5.33%
2022-12-31	$22.90M	7.12%
2022-09-30	$21.38M	8.23%
2022-06-30	$19.75M	3.11%
2022-03-31	$19.16M	-4.51%
2021-12-31	$20.06M	-3.11%
2021-09-30	$20.71M	4.42%
2021-06-30	$19.83M	-4.15%
2021-03-31	$20.69M	2.24%
2020-12-31	$20.23M	-4.05%
2020-09-30	$21.09M	13.48%
2020-06-30	$18.58M	2.69%
2020-03-31	$18.10M	-0.82%
2019-12-31	$18.25M	-0.34%
2019-09-30	$18.31M	0.02%
2019-06-30	$18.30M	1.65%
2019-03-31	$18.01M	2.13%
2018-12-31	$17.63M	2.71%
2018-09-30	$17.16M	2.26%
2018-06-30	$16.79M	5.86%
2018-03-31	$15.86M	28.96%
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 $25.00M in revenue during Q3 2025, up -8.93% compared to the previous quarter, and up 90.80% 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 24	Dec 23	Dec 22	Dec 21	Dec 20
Bank Servicing	$33.00K	$-584.00K	$1.00M	$580.00K	$-49.00K
Banking	$4.10M	$4.03M	$4.08M	$3.96M	$3.20M
Fiduciary and Trust	$1.73M	$1.09M	$1.18M	$1.32M	-
Service	$3.30M	$2.94M	$3.00M	$3.09M	$2.95M
Fiduciary And Trust	-	-	-	-	$1.19M

Hawthorn Bancshares's latest annual revenue breakdown by segment (product or service), as of Dec 24: Banking (44.73%), Service (36.04%), Fiduciary and Trust (18.87%), and Bank Servicing (0.36%).

Quarterly Revenue by Product

Product/Service	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	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
Banking	$1.00M	$1.00M	$925.00K	$1.01M	$1.04M	$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
Service	$928.00K	$940.00K	$914.00K	$837.00K	$870.00K	$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
Fiduciary and Trust	$651.00K	$542.00K	$473.00K	$768.00K	$341.00K	$317.00K	$302.00K	$270.00K	$283.00K	$266.00K	$271.00K	$260.00K	$287.00K	$296.00K	$340.00K	$414.00K	-	-	-	-
Bank Servicing	-	-	-	-	$81.00K	$-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
Fiduciary And Trust	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$308.00K	$308.00K	$294.00K	$265.00K

Hawthorn Bancshares's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Banking (38.77%), Service (35.98%), and Fiduciary and Trust (25.24%).

Hawthorn Bancshares Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AVBH	Avidbank	$148.45M	$35.64M
ISTR	Investar	$143.87M	$37.09M
CFFI	C&F Financial	$139.59M	$47.63M
FSFG	First Savings Financial Group	$133.91M	$36.47M
BPRN	Princeton Bancorp	$122.95M	$32.74M
LCNB	LCNB	$105.02M	$26.30M
VABK	Virginia National Bankshares	$53.66M	$19.47M
HWBK	Hawthorn Bancshares	$52.79M	$25.00M
FCCO	First Community	$14.00M	$4.47M
FUNC	First United	$6.97M	$1.88M
FVCB	FVCBankcorp	-	$1.03M

HWBK Revenue FAQ

What is Hawthorn Bancshares’s yearly revenue?

Hawthorn Bancshares's yearly revenue for 2023 was $52.79M, representing a decrease of -27.41% 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 Q3 2025 was $25M, a -8.93% decrease from the previous quarter (Q2 2025), and a -9.44% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $27.46M, a 1.99% increase from the previous quarter (Q1 2025), and a -0.29% decrease year-over-year (Q2 2024). HWBK's quarterly revenue for Q1 2025 was $26.92M, a -1.93% decrease from the previous quarter (Q4 2024), and a -0.56% decrease year-over-year (Q1 2024).

What is Hawthorn Bancshares’s revenue growth rate?

Hawthorn Bancshares's revenue growth rate for the last 3 years (2021-2023) was -29.68%, and for the last 5 years (2019-2023) was -8.40%.

What are Hawthorn Bancshares’s revenue streams?

Hawthorn Bancshares's revenue streams in c 24 are Bank Servicing, Banking, Fiduciary and Trust, and Service. Bank Servicing generated $33K in revenue, accounting 0.36% of the company's total revenue, down -105.65% year-over-year. Banking generated $4.1M in revenue, accounting 44.73% of the company's total revenue, up 1.71% year-over-year. Fiduciary and Trust generated $1.73M in revenue, accounting 18.87% of the company's total revenue, up 58.53% year-over-year. Service generated $3.3M in revenue, accounting 36.04% of the company's total revenue, up 12.20% year-over-year.

What is Hawthorn Bancshares’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Hawthorn Bancshares was Banking. This segment made a revenue of $4.1M, representing 44.73% of the company's total revenue.