Hawthorn Bancshares Inc. (HWBK) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, HWBK scores 70 out of 100, a letter grade of B-, under the verdict label "Roarable Buy — Sound Institutional Accumulation." The five pillars are:

• Fundamental cash engine: 13/20. Per the RQD rating, this pillar reflects ROIC of 13.7% and an FCF yield of 7.87%. For an investor, the cash generation looks respectable relative to the share price, though the source does not provide revenue or margin detail that would explain how that cash is produced.
• Whale 13F flow: 13/20. The RQD rating cites institutional accumulation and options positioning. The source does not include 13F holdings detail, so the size or direction of institutional buying cannot be independently verified here.
• Insider conviction: 17/20. This is the highest pillar. The RQD rating cites SEC Form 4 and Congressional PTR cluster flow. The underlying transactions are not itemized in the source data, so the investor should treat this score as a summary signal rather than a verified trade record.
• Macro regime fit: 14/20. The RQD rating assigns this pillar a beta of 1.0 and a sector sensitivity read. A beta of 1.0 implies the stock moves roughly in line with the broader market, which means it offers neither defensive insulation nor amplified upside relative to the market on this measure.
• Forensic balance sheet: 13/20. Per the RQD rating, this reflects an Altman Z-Score of 2.5, a Piotroski F-Score of 5/9, and a Debt/Equity ratio of 0.5. These point to a moderately sound but not exceptional balance sheet.

Taken together, the score suggests a stock with reasonable cash returns, a moderate valuation (trailing P/E 12.2), and insider activity viewed favorably by the scoring model. The tradeoffs are that institutional and balance-sheet pillars are only moderately strong, and the market-cap base is small ($290.4M), which can mean thinner liquidity (volume 11,622 in the snapshot). Valuation upside depends on whether the cash-flow yield and insider signals persist; the source data does not provide analyst targets to benchmark against.

Hawthorn Bancshares Inc. is a NASDAQ-listed issuer classified in the Financials sector and the Major Banks industry, per the profile section. The source data does not itemize its product lines, customer segments, or revenue model. The recent news wire notes that a completed acquisition added 9 full-service branches in northern Missouri to Hawthorn Bank, indicating a branch-based retail and commercial banking footprint. Further detail on lending mix and deposit sources is not available in source data.

Per the SEC financials, net income rose from $1.0M in FY 2023 to $18.3M in FY 2024 and $23.8M in FY 2025, while reported cash increased from $51.0M to $104.3M over FY 2024–FY 2025. Revenue, operating income, and EPS are reported as $0.0M or N/A in the source and cannot support margin analysis; the market-data section likewise lists gross, operating, and net margins as 0%. The RQD rating cites ROIC of 13.7%, an Altman Z-Score of 2.5, a Piotroski F-Score of 5/9, and a Debt/Equity ratio of 0.5, which together describe a moderately sound balance sheet. Total debt is not available in source data.

• CATALYST (GREEN): A Yahoo Finance headline reports that the stock price cooled after a Q3 earnings beat.
• MARKET WIRE (YELLOW): A TradingView item covers estimates for HWBK.
• RISK WATCH (RED): A Stock Titan item reports a completed acquisition adding 9 full-service branches in northern Missouri.
• MARKET WIRE (YELLOW): A Yahoo Finance item reports Q3 adjusted earnings and revenue rising.
• RISK WATCH (RED): A Simply Wall St item reports the stock falling after strong Q3 earnings.
• CATALYST (GREEN): A MarketBeat item reports the stock rating raised to Buy at Wall Street Zen.

The headlines are mixed: two positive catalysts and two Q3 earnings-related items point in opposite directions on price reaction, and the branch acquisition is flagged as a risk-watch item without further detail. The Butterfly Supply-Chain Graph reports no supply-chain links and no proprietary signals.

Per the Butterfly Supply-Chain Graph, the supply chain is listed as NONE, with no butterfly links and no proprietary signals. No upstream or downstream dependencies, sector correlations, or second-order bottlenecks are identified in the source data. The only sector context available is the classification as Financials / Major Banks, which does not by itself establish dependencies. An investor should watch for integration effects from the branch acquisition noted in the news wire, but the source does not quantify them.

• What is the source of the revenue and operating income figures, which are reported as $0.0M in every period?
• What is total debt and the composition of the balance sheet behind the 0.5 Debt/Equity ratio?
• What were the size and terms of the northern Missouri branch acquisition, and how is it reflected in the FY 2025 results?
• Which specific insider Form 4 and Congressional PTR transactions drive the 17/20 insider conviction score?
• Why do two Q3 earnings headlines report opposite price reactions, and what drove the difference?