Filing Flows › Hawthorn Bancshares (HWBK) › Q3 2026
Hawthorn Bancshares (HWBK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Hawthorn Bancshares (HWBK) reported revenue of $23.0M for the third quarter 2026 (Q3 2026), +12% from a year earlier and +2% from the quarter before. Operating margin was 35.0%, net earnings $7.1M (30.7% of revenue).
Hawthorn Bancshares, Q3 2026: revenue $23.0M (+12% year over year), operating margin 35.0%, net earnings $7.1M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.0M | +2% | +12% |
| Operating profit | $8.0M | -9% | +4% |
| Net earnings | $7.1M | -4% | +15% |
| Operating cash flow | −$1.8M | — | — |
What changed
Revenue was $23.0M in Q3 2026, up 12% year over year and up 2% from the previous quarter. Net interest income was the largest line at 84% of revenue. Net interest income added $2.4M year over year (up 14%), 100% of the total change.
Operating profit was $8.0M, a 35.0% margin (down 2.7 points year over year). Of the extra revenue versus a year earlier, 12% reached operating profit, below the 38% margin then. Total costs grew 17% against revenue growth of 12%. Net earnings were $7.1M, up 15% year over year. The effective tax rate was 10.0%.
Operating cash flow was −$1.8M. Non-cash charges added back $1.5M of depreciation and amortization and $174K of share-based compensation. Working capital and other items used $10.5M. Capital expenditures of $327K exceeded it, leaving free cash flow of −$2.1M.
Questions
What was Hawthorn Bancshares' revenue in the third quarter 2026?
Hawthorn Bancshares (HWBK) reported revenue of $23.0M for the third quarter 2026 (Q3 2026), +12% from a year earlier and +2% from the quarter before.
Was Hawthorn Bancshares profitable in the third quarter 2026?
Operating profit was $8.0M (35.0% of revenue) and net earnings $7.1M.