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

HAWTHORN BANCSHARES, INC. is the larger business by last-quarter revenue ($21.2M vs $11.5M, roughly 1.8× TRANSACT TECHNOLOGIES INC). On growth, HAWTHORN BANCSHARES, INC. posted the faster year-over-year revenue change (12.2% vs 11.9%). HAWTHORN BANCSHARES, INC. produced more free cash flow last quarter ($22.8M vs $589.0K). Over the past eight quarters, HAWTHORN BANCSHARES, INC.'s revenue compounded faster (9.1% CAGR vs 3.5%).

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.

Roper Technologies, Inc. is a holding company that owns companies in the technology sector.

HWBK vs TACT — Head-to-Head

Bigger by revenue
HWBK
HWBK
1.8× larger
HWBK
$21.2M
$11.5M
TACT
Growing faster (revenue YoY)
HWBK
HWBK
+0.2% gap
HWBK
12.2%
11.9%
TACT
More free cash flow
HWBK
HWBK
$22.3M more FCF
HWBK
$22.8M
$589.0K
TACT
Faster 2-yr revenue CAGR
HWBK
HWBK
Annualised
HWBK
9.1%
3.5%
TACT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HWBK
HWBK
TACT
TACT
Revenue
$21.2M
$11.5M
Net Profit
Gross Margin
47.6%
Operating Margin
35.7%
-10.1%
Net Margin
Revenue YoY
12.2%
11.9%
Net Profit YoY
EPS (diluted)
$0.90
$-0.11

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
TACT
TACT
Q4 25
$21.2M
$11.5M
Q3 25
$20.6M
$13.2M
Q2 25
$19.7M
$13.8M
Q1 25
$18.8M
$13.1M
Q4 24
$18.9M
$10.2M
Q3 24
$18.1M
$10.9M
Q2 24
$18.2M
$11.6M
Q1 24
$17.8M
$10.7M
Net Profit
HWBK
HWBK
TACT
TACT
Q4 25
Q3 25
$6.1M
$15.0K
Q2 25
$6.1M
$-143.0K
Q1 25
$5.4M
$19.0K
Q4 24
Q3 24
$4.6M
$-551.0K
Q2 24
$4.6M
$-319.0K
Q1 24
$4.5M
$-1.0M
Gross Margin
HWBK
HWBK
TACT
TACT
Q4 25
47.6%
Q3 25
49.8%
Q2 25
48.2%
Q1 25
48.7%
Q4 24
44.2%
Q3 24
48.1%
Q2 24
52.7%
Q1 24
52.6%
Operating Margin
HWBK
HWBK
TACT
TACT
Q4 25
35.7%
-10.1%
Q3 25
36.4%
0.1%
Q2 25
37.9%
-1.9%
Q1 25
35.2%
-0.1%
Q4 24
29.9%
-10.3%
Q3 24
31.1%
-7.7%
Q2 24
31.2%
-3.8%
Q1 24
30.5%
-12.2%
Net Margin
HWBK
HWBK
TACT
TACT
Q4 25
Q3 25
29.8%
0.1%
Q2 25
31.0%
-1.0%
Q1 25
28.7%
0.1%
Q4 24
Q3 24
25.3%
-5.1%
Q2 24
25.5%
-2.8%
Q1 24
25.1%
-9.7%
EPS (diluted)
HWBK
HWBK
TACT
TACT
Q4 25
$0.90
$-0.11
Q3 25
$0.88
$0.00
Q2 25
$0.88
$-0.01
Q1 25
$0.77
$0.00
Q4 24
$0.66
$-0.80
Q3 24
$0.66
$-0.06
Q2 24
$0.66
$-0.03
Q1 24
$0.63
$-0.10

Balance Sheet & Financial Strength

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

Metric
HWBK
HWBK
TACT
TACT
Cash + ST InvestmentsLiquidity on hand
$104.3M
$20.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$174.2M
$31.1M
Total Assets
$1.9B
$44.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HWBK
HWBK
TACT
TACT
Q4 25
$104.3M
$20.4M
Q3 25
$99.9M
$20.0M
Q2 25
$100.3M
$17.7M
Q1 25
$102.3M
$14.2M
Q4 24
$51.0M
$14.4M
Q3 24
$54.2M
$11.3M
Q2 24
$75.8M
$11.1M
Q1 24
$43.5M
$10.6M
Stockholders' Equity
HWBK
HWBK
TACT
TACT
Q4 25
$174.2M
$31.1M
Q3 25
$164.9M
$31.8M
Q2 25
$156.8M
$31.3M
Q1 25
$153.4M
$30.9M
Q4 24
$149.5M
$30.6M
Q3 24
$146.5M
$38.4M
Q2 24
$138.2M
$38.5M
Q1 24
$136.6M
$38.6M
Total Assets
HWBK
HWBK
TACT
TACT
Q4 25
$1.9B
$44.8M
Q3 25
$1.9B
$45.0M
Q2 25
$1.9B
$44.5M
Q1 25
$1.9B
$44.2M
Q4 24
$1.8B
$44.0M
Q3 24
$1.8B
$50.5M
Q2 24
$1.8B
$50.4M
Q1 24
$1.8B
$51.9M

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
TACT
TACT
Operating Cash FlowLast quarter
$26.9M
$609.0K
Free Cash FlowOCF − Capex
$22.8M
$589.0K
FCF MarginFCF / Revenue
107.9%
5.1%
Capex IntensityCapex / Revenue
19.3%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$32.7M
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HWBK
HWBK
TACT
TACT
Q4 25
$26.9M
$609.0K
Q3 25
$288.0K
$3.6M
Q2 25
$5.8M
$3.6M
Q1 25
$5.7M
$-161.0K
Q4 24
$25.6M
$2.4M
Q3 24
$9.1M
$327.0K
Q2 24
$8.9M
$636.0K
Q1 24
$5.6M
$-1.5M
Free Cash Flow
HWBK
HWBK
TACT
TACT
Q4 25
$22.8M
$589.0K
Q3 25
$-734.0K
$3.6M
Q2 25
$5.1M
$3.6M
Q1 25
$5.5M
$-171.0K
Q4 24
$22.6M
$2.4M
Q3 24
$8.1M
$259.0K
Q2 24
$8.4M
$499.0K
Q1 24
$5.1M
$-1.6M
FCF Margin
HWBK
HWBK
TACT
TACT
Q4 25
107.9%
5.1%
Q3 25
-3.6%
27.1%
Q2 25
25.9%
25.9%
Q1 25
29.1%
-1.3%
Q4 24
119.7%
23.2%
Q3 24
44.9%
2.4%
Q2 24
46.2%
4.3%
Q1 24
28.5%
-14.9%
Capex Intensity
HWBK
HWBK
TACT
TACT
Q4 25
19.3%
0.2%
Q3 25
5.0%
0.5%
Q2 25
3.3%
0.1%
Q1 25
1.5%
0.1%
Q4 24
15.9%
0.1%
Q3 24
5.5%
0.6%
Q2 24
3.0%
1.2%
Q1 24
3.1%
1.0%
Cash Conversion
HWBK
HWBK
TACT
TACT
Q4 25
Q3 25
0.05×
242.00×
Q2 25
0.94×
Q1 25
1.07×
-8.47×
Q4 24
Q3 24
1.99×
Q2 24
1.93×
Q1 24
1.26×

Financial Flow Comparison

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

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