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Hawthorn: Q2 Earnings Snapshot
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JEFFERSON CITY, Mo. (AP) Hawthorn Bancshares Inc. (HWBK) on Thursday reported second-quarter earnings of $4.9 million.
The bank, based in Jefferson City, Missouri, said it had earnings of 74 cents per share.
The bank posted revenue of $19.8 million in the period. Its revenue net of interest expense was $18.3 million, which topped Street forecasts.
Hawthorn shares have climbed nearly 9% since the beginning of the year. The stock has climbed 36% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HWBK at https://www.zacks.com/ap/HWBK
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JEFFERSON CITY, Mo., April 30, 2021 (GLOBE NEWSWIRE)
Hawthorn Bancshares Inc. (NASDAQ:HWBK), today announced that on April 28, 2021 the Board of Directors authorized the purchase of an additional $3,055,058.21 market value of Hawthorn Bancshares common stock, resulting in the Company being authorized to purchase a total of up to $5.0 million market value of Hawthorn Bancshares common stock.
Under this share repurchase authorization, the Company may repurchase shares from time to time, in amounts, at prices, and at such times as management deems appropriate, subject to market conditions, legal requirements and other considerations. It is anticipated that any purchase of shares under this authorization would be made through broker dealers selected in compliance with applicable securities laws at prices for the common stock prevailing from time to time in NASDAQ s National Market. The Company is not obligated to repurchase any specific number of shares and the share rep