HWBK
Hawthorn Bancshares, Inc. Financial Services - Banks - Regional Investor Relations →
Hawthorn Bancshares, Inc. (HWBK) closed at $34.81 as of 2026-02-02, trading 49.4% above its 200-week moving average of $23.31. The stock is currently moving closer to the line, down from 52.4% last week. The 14-week RSI sits at 62, indicating neutral momentum.
Over the past 1337 weeks of data, HWBK has crossed below its 200-week moving average 10 times. On average, these episodes lasted 39 weeks. Historically, investors who bought HWBK at the start of these episodes saw an average one-year return of +25.6%.
With a market cap of $240 million, HWBK is a small-cap stock. Return on equity stands at 15.1%, a solid level. The stock trades at 1.5x book value.
Over the past 25.8 years, a hypothetical investment of $100 in HWBK would have grown to $535, compared to $753 for the S&P 500. HWBK has returned 6.7% annualized vs 8.2% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -8.6% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: HWBK vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HWBK Crosses Below the Line?
Across 10 historical episodes, buying HWBK when it crossed below its 200-week moving average produced an average return of +24.1% after 12 months (median +30.0%), compared to +10.8% for the S&P 500 over the same periods. 80% of those episodes were profitable after one year. After 24 months, the average return was +41.9% vs +17.1% for the index.
Each line shows $100 invested at the moment HWBK crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
HWBK has crossed below its 200-week MA 10 times with an average 1-year return of +25.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2000 | Jul 2001 | 57 | 17.8% | -14.4% | +435.2% |
| Oct 2001 | Oct 2001 | 1 | 1.3% | +29.7% | +469.5% |
| Jul 2006 | Jul 2006 | 2 | 0.4% | +17.5% | +183.9% |
| Oct 2007 | May 2012 | 239 | 61.4% | -29.0% | +178.5% |
| Nov 2012 | Jan 2013 | 9 | 7.7% | +82.5% | +626.8% |
| Mar 2020 | Nov 2020 | 37 | 21.9% | +21.4% | +139.0% |
| Jan 2021 | Mar 2021 | 6 | 10.6% | +30.5% | +115.1% |
| May 2023 | Nov 2023 | 27 | 20.3% | +13.2% | +113.4% |
| Mar 2024 | Mar 2024 | 1 | 2.3% | +52.1% | +90.6% |
| Apr 2024 | Jun 2024 | 9 | 4.4% | +52.4% | +85.3% |
| Average | 39 | — | +25.6% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02