MetaCap

Hawthorn Bancshares (HWBK) vs LCNB (LCNB)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Hawthorn Bancshares (HWBK) has outperformed LCNB (LCNB) over the past year, gaining 28.3% versus a gain of 27.5%. Over five years, HWBK leads with a +75.5% price change compared with +8.8% for LCNB. Hawthorn Bancshares is the larger company by market cap ($275.2 million vs $266.4 million), about 1.0 times the size.

On valuation, Hawthorn Bancshares trades at a lower trailing P/E (10.3x vs 10.8x for LCNB). LCNB offers the higher dividend yield (4.71% vs 2.18%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

HWBK+28.26%LCNB+27.54%
+44%+19%-6%
Oct 8, 20251 yearOct 8, 2026
HWBK+76.17%LCNB+6.88%
+91%+28%-34%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

HWBK versus LCNB key metrics
MetricHWBKLCNB
Share price$37.63$18.69
Market cap$275.22M$266.43M
1-day change-1.65%-1.32%
YTD return+9.69%+15.56%
1-year return+28.26%+27.54%
5-year return+75.50%+8.79%
P/E ratio (TTM)10.2510.80
Forward P/E—10.10
EPS (TTM)$3.67$1.73
Dividend yield2.18%4.71%
Annual dividend$0.82$0.88
52-week high$40.60$21.32
52-week low$29.39$14.31
Distance from 52-week high-7.32%-12.34%
Analyst consensus—none
Avg. price target upside—+13.70%
Average volume15.89K38.49K
Shares outstanding7.31M14.25M
Employees269328
SectorFinanceFinance
IndustryMajor BanksMajor Banks

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • LCNB offers a meaningfully higher dividend yield (4.71% vs 2.18%).

About Hawthorn Bancshares

HWBK stock →

Hawthorn Bancshares, Inc. operates as the bank holding company for Hawthorn Bank that provides various banking products and services to families and businesses.

Finance · Major Banks · 269 employees

About LCNB

LCNB stock →

LCNB Corp. operates as the financial holding company for LCNB National Bank that provides banking services in the United States.

Finance · Major Banks · 328 employees

HWBK vs LCNB FAQ

Which is bigger, Hawthorn Bancshares or LCNB?

Hawthorn Bancshares (HWBK) is larger, with a market capitalization of $275.22M compared with $266.43M for LCNB (LCNB).

Which stock has performed better over the past year, HWBK or LCNB?

HWBK returned +28.26% over the past 12 months, compared with +27.54% for LCNB (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, HWBK or LCNB?

HWBK has the lower trailing P/E at 10.3, versus 10.8 for LCNB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Hawthorn Bancshares or LCNB?

LCNB has the higher yield at 4.71%, compared with 2.18% for Hawthorn Bancshares.

Are Hawthorn Bancshares and LCNB in the same industry?

Yes. Both are classified in the Major Banks industry within the Finance sector.

More comparisons