Overview

* Hawthorn Bancshares ( HWBK ) Q2 net income rises 31.8% yr/yr to $6.1 mln

* EPS for Q2 improves 33% yr/yr to $0.88

* Net interest margin increases to 3.89% in Q2 from 3.67% in Q1

Result Drivers

* NET INTEREST MARGIN - Improvement driven by higher rates on earning assets and lower deposit costs

* EFFICIENCY RATIO - Enhanced due to higher net interest margin and reduced non-interest expenses

* ASSET QUALITY - Strong credit quality with non-performing assets improving to 0.35% of total loans

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS $0.88

Q2 Net $6.10

Income mln

Q2 Net $16.10

Interest mln

Income

Q2 Net 3.9%

Interest

Margin

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)