vs

Side-by-side financial comparison of HAWTHORN BANCSHARES, INC. (HWBK) and PRO DEX INC (PDEX). Click either name above to swap in a different company.

HAWTHORN BANCSHARES, INC. is the larger business by last-quarter revenue ($21.2M vs $18.7M, roughly 1.1× PRO DEX INC). On growth, HAWTHORN BANCSHARES, INC. posted the faster year-over-year revenue change (12.2% vs 11.1%). HAWTHORN BANCSHARES, INC. produced more free cash flow last quarter ($22.8M vs $3.5M). Over the past eight quarters, PRO DEX INC's revenue compounded faster (14.3% CAGR vs 9.1%).

Hawthorn Bancshares, Inc. is a U.S. regional bank holding company operating through its wholly owned subsidiary Hawthorn Bank. It provides a full range of retail and commercial banking services including deposit products, mortgage loans, small business financing, commercial lending, and wealth management solutions, primarily serving individual customers and small to mid-sized enterprises across local communities in Missouri.

Pro Dex Inc is a precision manufacturing enterprise that produces custom machined components, subassemblies and finished products primarily for medical device original equipment manufacturers, as well as clients in the aerospace and industrial sectors, with its core operating market covering North America.

HWBK vs PDEX — Head-to-Head

Bigger by revenue
HWBK
HWBK
1.1× larger
HWBK
$21.2M
$18.7M
PDEX
Growing faster (revenue YoY)
HWBK
HWBK
+1.0% gap
HWBK
12.2%
11.1%
PDEX
More free cash flow
HWBK
HWBK
$19.3M more FCF
HWBK
$22.8M
$3.5M
PDEX
Faster 2-yr revenue CAGR
PDEX
PDEX
Annualised
PDEX
14.3%
9.1%
HWBK

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
HWBK
HWBK
PDEX
PDEX
Revenue
$21.2M
$18.7M
Net Profit
$2.2M
Gross Margin
30.8%
Operating Margin
35.7%
17.5%
Net Margin
11.7%
Revenue YoY
12.2%
11.1%
Net Profit YoY
7.2%
EPS (diluted)
$0.90
$0.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HWBK
HWBK
PDEX
PDEX
Q4 25
$21.2M
$18.7M
Q3 25
$20.6M
$18.5M
Q2 25
$19.7M
$17.5M
Q1 25
$18.8M
$17.4M
Q4 24
$18.9M
$16.8M
Q3 24
$18.1M
$14.9M
Q2 24
$18.2M
$15.0M
Q1 24
$17.8M
$14.3M
Net Profit
HWBK
HWBK
PDEX
PDEX
Q4 25
$2.2M
Q3 25
$6.1M
$4.7M
Q2 25
$6.1M
$1.2M
Q1 25
$5.4M
$3.3M
Q4 24
$2.0M
Q3 24
$4.6M
$2.5M
Q2 24
$4.6M
$1.6M
Q1 24
$4.5M
$655.0K
Gross Margin
HWBK
HWBK
PDEX
PDEX
Q4 25
30.8%
Q3 25
29.0%
Q2 25
19.9%
Q1 25
33.3%
Q4 24
30.2%
Q3 24
34.6%
Q2 24
27.2%
Q1 24
28.0%
Operating Margin
HWBK
HWBK
PDEX
PDEX
Q4 25
35.7%
17.5%
Q3 25
36.4%
16.8%
Q2 25
37.9%
7.7%
Q1 25
35.2%
20.9%
Q4 24
29.9%
16.0%
Q3 24
31.1%
20.2%
Q2 24
31.2%
15.6%
Q1 24
30.5%
15.5%
Net Margin
HWBK
HWBK
PDEX
PDEX
Q4 25
11.7%
Q3 25
29.8%
25.3%
Q2 25
31.0%
6.8%
Q1 25
28.7%
18.8%
Q4 24
12.1%
Q3 24
25.3%
16.6%
Q2 24
25.5%
10.6%
Q1 24
25.1%
4.6%
EPS (diluted)
HWBK
HWBK
PDEX
PDEX
Q4 25
$0.90
$0.66
Q3 25
$0.88
$1.40
Q2 25
$0.88
$0.33
Q1 25
$0.77
$0.98
Q4 24
$0.66
$0.61
Q3 24
$0.66
$0.75
Q2 24
$0.66
$0.44
Q1 24
$0.63
$0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HWBK
HWBK
PDEX
PDEX
Cash + ST InvestmentsLiquidity on hand
$104.3M
$6.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.2M
$41.6M
Total Assets
$1.9B
$62.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HWBK
HWBK
PDEX
PDEX
Q4 25
$104.3M
$6.1M
Q3 25
$99.9M
$10.1M
Q2 25
$100.3M
$6.8M
Q1 25
$102.3M
$5.5M
Q4 24
$51.0M
$4.7M
Q3 24
$54.2M
$7.8M
Q2 24
$75.8M
$6.8M
Q1 24
$43.5M
$7.8M
Total Debt
HWBK
HWBK
PDEX
PDEX
Q4 25
Q3 25
Q2 25
$15.4M
Q1 25
Q4 24
Q3 24
Q2 24
$12.0M
Q1 24
Stockholders' Equity
HWBK
HWBK
PDEX
PDEX
Q4 25
$174.2M
$41.6M
Q3 25
$164.9M
$41.5M
Q2 25
$156.8M
$36.6M
Q1 25
$153.4M
$35.3M
Q4 24
$149.5M
$31.8M
Q3 24
$146.5M
$30.9M
Q2 24
$138.2M
$30.9M
Q1 24
$136.6M
$30.9M
Total Assets
HWBK
HWBK
PDEX
PDEX
Q4 25
$1.9B
$62.3M
Q3 25
$1.9B
$64.3M
Q2 25
$1.9B
$61.2M
Q1 25
$1.9B
$64.3M
Q4 24
$1.8B
$60.4M
Q3 24
$1.8B
$54.3M
Q2 24
$1.8B
$52.5M
Q1 24
$1.8B
$50.5M
Debt / Equity
HWBK
HWBK
PDEX
PDEX
Q4 25
Q3 25
Q2 25
0.42×
Q1 25
Q4 24
Q3 24
Q2 24
0.39×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HWBK
HWBK
PDEX
PDEX
Operating Cash FlowLast quarter
$26.9M
$3.6M
Free Cash FlowOCF − Capex
$22.8M
$3.5M
FCF MarginFCF / Revenue
107.9%
18.8%
Capex IntensityCapex / Revenue
19.3%
0.4%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$32.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HWBK
HWBK
PDEX
PDEX
Q4 25
$26.9M
$3.6M
Q3 25
$288.0K
$2.3M
Q2 25
$5.8M
$-173.0K
Q1 25
$5.7M
$754.0K
Q4 24
$25.6M
$-4.2M
Q3 24
$9.1M
$1.9M
Q2 24
$8.9M
$1.0M
Q1 24
$5.6M
$4.1M
Free Cash Flow
HWBK
HWBK
PDEX
PDEX
Q4 25
$22.8M
$3.5M
Q3 25
$-734.0K
$2.2M
Q2 25
$5.1M
Q1 25
$5.5M
$574.0K
Q4 24
$22.6M
$-4.7M
Q3 24
$8.1M
$1.5M
Q2 24
$8.4M
Q1 24
$5.1M
$4.0M
FCF Margin
HWBK
HWBK
PDEX
PDEX
Q4 25
107.9%
18.8%
Q3 25
-3.6%
11.9%
Q2 25
25.9%
Q1 25
29.1%
3.3%
Q4 24
119.7%
-27.9%
Q3 24
44.9%
9.8%
Q2 24
46.2%
Q1 24
28.5%
27.7%
Capex Intensity
HWBK
HWBK
PDEX
PDEX
Q4 25
19.3%
0.4%
Q3 25
5.0%
0.5%
Q2 25
3.3%
Q1 25
1.5%
1.0%
Q4 24
15.9%
3.2%
Q3 24
5.5%
2.9%
Q2 24
3.0%
Q1 24
3.1%
0.8%
Cash Conversion
HWBK
HWBK
PDEX
PDEX
Q4 25
1.63×
Q3 25
0.05×
0.49×
Q2 25
0.94×
-0.14×
Q1 25
1.07×
0.23×
Q4 24
-2.03×
Q3 24
1.99×
0.77×
Q2 24
1.93×
0.66×
Q1 24
1.26×
6.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons