Hawthorn Bancshares (HWBK) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Hawthorn Bancshares Revenue Highlights

Latest Revenue (Y)

$112.08M

Latest Revenue (Q)

$25.00M

Main Segment (Y)

Banking

Hawthorn Bancshares Revenue by Period

Hawthorn Bancshares Revenue by Year

Date	Revenue	Change
2025-12-31	$112.08M	2.20%
2024-12-31	$109.67M	24.68%
2023-12-31	$87.96M	5.69%
2022-12-31	$83.22M	2.25%
2021-12-31	$81.39M	4.32%
2020-12-31	$78.02M	6.96%
2019-12-31	$72.94M	8.26%
2018-12-31	$67.38M	12.50%
2017-12-31	$59.89M	9.04%
2016-12-31	$54.93M	0.01%
2015-12-31	$54.92M	3.15%
2014-12-31	$53.25M	-5.81%
2013-12-31	$56.53M	-3.92%
2012-12-31	$58.84M	-6.11%
2011-12-31	$62.67M	-9.46%
2010-12-31	$69.22M	-7.55%
2009-12-31	$74.87M	-3.62%
2008-12-31	$77.68M	-7.99%
2007-12-31	$84.43M	5.50%
2006-12-31	$80.02M	23.86%
2005-12-31	$64.61M	37.98%
2004-12-31	$46.82M	2.62%
2003-12-31	$45.63M	-2.02%
2002-12-31	$46.57M	-14.85%
2001-12-31	$54.69M	9.08%
2000-12-31	$50.13M	42.44%
1999-12-31	$35.20M	70.83%
1998-12-31	$20.60M	41.63%
1997-12-31	$14.55M	20.54%
1996-12-31	$12.07M	-

Hawthorn Bancshares generated $112.08M in revenue during NA 2025, up 2.20% compared to the previous quarter, and up 143.66% 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 25	Dec 24	Dec 23	Dec 22	Dec 21
Fiduciary and Trust	$2.20M	$1.73M	$1.09M	$1.18M	$1.32M
Service	$3.67M	$3.30M	$2.94M	$3.00M	$3.09M
Banking	$3.90M	$4.10M	$4.03M	$4.08M	$3.96M
Bank Servicing	-	$33.00K	$-584.00K	$1.00M	$580.00K

Hawthorn Bancshares's latest annual revenue breakdown by segment (product or service), as of Dec 25: Banking (39.91%), Service (37.54%), and Fiduciary and Trust (22.55%).

Quarterly Revenue by Product

Product/Service	Dec 25	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
Service	$884.00K	$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
Banking	$969.00K	$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
Fiduciary and Trust	$536.00K	$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
Fiduciary And Trust	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$308.00K	$308.00K	$294.00K

Hawthorn Bancshares's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Banking (40.56%), Service (37.00%), and Fiduciary and Trust (22.44%).

Hawthorn Bancshares Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CFFI	C&F Financial	$186.13M	$47.63M
AVBH	Avidbank	$148.45M	$35.64M
ISTR	Investar	$143.87M	$37.09M
FSFG	First Savings Financial Group	$127.53M	$36.47M
LCNB	LCNB	$124.24M	$26.30M
BPRN	Princeton Bancorp	$122.95M	$32.74M
FUNC	First United	$119.18M	$1.88M
HWBK	Hawthorn Bancshares	$112.08M	$25.00M
VABK	Virginia National Bankshares	$53.66M	$19.47M
FCCO	First Community	$14.00M	$4.47M
FVCB	FVCBankcorp	-	$1.03M

HWBK Revenue FAQ

What is Hawthorn Bancshares’s yearly revenue?

Hawthorn Bancshares's yearly revenue for 2025 was $112.08M, representing an increase of 2.20% compared to 2024. The company's yearly revenue for 2024 was $109.67M, representing an increase of 24.68% compared to 2023. HWBK's yearly revenue for 2023 was $87.96M, representing an increase of 5.69% compared to 2022.

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 (2023-2025) was 27.43%, and for the last 5 years (2021-2025) was 37.71%.

What are Hawthorn Bancshares’s revenue streams?

Hawthorn Bancshares's revenue streams in c 25 are Fiduciary and Trust, Service, and Banking. Fiduciary and Trust generated $2.2M in revenue, accounting 22.55% of the company's total revenue, up 27.43% year-over-year. Service generated $3.67M in revenue, accounting 37.54% of the company's total revenue, up 11.06% year-over-year. Banking generated $3.9M in revenue, accounting 39.91% of the company's total revenue, down -4.88% year-over-year.

What is Hawthorn Bancshares’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Hawthorn Bancshares was Banking. This segment made a revenue of $3.9M, representing 39.91% of the company's total revenue.