Financhill
Buy
74

HWBK Quote, Financials, Valuation and Earnings

Last price:
$34.54
Seasonality move :
3.8%
Day range:
$33.85 - $34.75
52-week range:
$25.21 - $35.95
Dividend yield:
2.3%
P/E ratio:
10.61x
P/S ratio:
2.13x
P/B ratio:
1.42x
Volume:
7.8K
Avg. volume:
9K
1-year change:
5.65%
Market cap:
$234.6M
Revenue:
$109.7M
EPS (TTM):
$3.19
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $77.7M $81M $83.2M $99.5M $109.7M
Revenue Growth (YoY) 6.6% 4.23% 2.81% 19.55% 10.22%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $61K $149K -$14K -$11.5M -$4K
Operating Expenses -$17.5M -$28.2M -$25.1M -$432K -$22.4M
Operating Income $17.5M $28.2M $25.1M $432K $22.4M
 
Net Interest Expenses $3.7M $2.7M $3.3M $7M $7M
EBT. Incl. Unusual Items $17.5M $28.2M $25.1M $432K $22.4M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $3.2M $5.7M $4.3M -$524K $4.1M
Net Income to Company $14.3M $22.5M $20.8M $956K $18.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $14.3M $22.5M $20.8M $956K $18.3M
 
Basic EPS (Cont. Ops) $1.96 $3.15 $2.94 $0.14 $2.61
Diluted EPS (Cont. Ops) $1.96 $3.15 $2.94 $0.14 $2.61
Weighted Average Basic Share $7.3M $7.2M $7.1M $7M $7M
Weighted Average Diluted Share $7.3M $7.2M $7.1M $7M $7M
 
EBITDA -- -- -- -- --
EBIT $27.2M $34.1M $35.6M $33.3M $59.1M
 
Revenue (Reported) $77.7M $81M $83.2M $99.5M $109.7M
Operating Income (Reported) $17.5M $28.2M $25.1M $432K $22.4M
Operating Income (Adjusted) $27.2M $34.1M $35.6M $33.3M $59.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $20.6M $21.4M $24.5M $27.6M $28.7M
Revenue Growth (YoY) -2.13% 3.79% 14.58% 12.69% 4.03%
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $126K $1K $3K $8K --
Operating Expenses -$7.2M -$6.1M -$3.1M -$5.6M -$7.5M
Operating Income $7.2M $6.1M $3.1M $5.6M $7.5M
 
Net Interest Expenses $688K $847K $2.1M $1.7M $1.6M
EBT. Incl. Unusual Items $7.2M $6.1M $3.1M $5.6M $7.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $1.4M $1.1M $498K $1.1M $1.4M
Net Income to Company $5.8M $4.9M $2.6M $4.6M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $5.8M $4.9M $2.6M $4.6M $6.1M
 
Basic EPS (Cont. Ops) $0.81 $0.70 $0.37 $0.65 $0.89
Diluted EPS (Cont. Ops) $0.81 $0.70 $0.37 $0.65 $0.89
Weighted Average Basic Share $7.2M $7M $7M $7M $6.9M
Weighted Average Diluted Share $7.2M $7M $7M $7M $6.9M
 
EBITDA -- -- -- -- --
EBIT $8.6M $8.9M $11.8M $15.1M $15.6M
 
Revenue (Reported) $20.6M $21.4M $24.5M $27.6M $28.7M
Operating Income (Reported) $7.2M $6.1M $3.1M $5.6M $7.5M
Operating Income (Adjusted) $8.6M $8.9M $11.8M $15.1M $15.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $81.1M $80.4M $96.3M $110.4M $110.6M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $183K -$3K $16K -$11.6M --
Operating Expenses -$26.8M -$27.4M -$15.6M -$7.3M -$27.2M
Operating Income $26.8M $27.4M $15.6M $7.3M $27.2M
 
Net Interest Expenses $2.9M $2.7M $6.4M $7.2M $5.8M
EBT. Incl. Unusual Items $26.8M $27.4M $15.6M $7M $27.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $5.1M $5.4M $2.4M -$1.1M $5M
Net Income to Company $21.7M $22M $13.1M $6.2M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $21.7M $22M $13.1M $8.1M $22.2M
 
Basic EPS (Cont. Ops) $3.02 $3.10 $1.86 $0.89 $3.20
Diluted EPS (Cont. Ops) $3.02 $3.10 $1.86 $0.89 $3.19
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -- -- --
EBIT $33.4M $34.3M $43.8M $44.6M $59.9M
 
Revenue (Reported) $81.1M $80.4M $96.3M $110.4M $110.6M
Operating Income (Reported) $26.8M $27.4M $15.6M $7.3M $27.2M
Operating Income (Adjusted) $33.4M $34.3M $43.8M $44.6M $59.9M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue $60.9M $60.3M $73.4M $83M $83.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- -- -- --
Gross Profit -- -- -- -- --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin -- -- -- -- --
Other Inc / (Exp) $140K -$12K $18K -$7K -$3K
Operating Expenses -$20.5M -$19.7M -$10.1M -$17M -$21.6M
Operating Income $20.5M $19.7M $10.1M $17M $21.6M
 
Net Interest Expenses $2.1M $2.1M $5.2M $5.4M $4.2M
EBT. Incl. Unusual Items $20.5M $19.7M $10.1M $16.7M $21.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $4M $3.6M $1.7M $1.1M $3.9M
Net Income to Company $16.5M $16M $8.4M $13.7M $11.5M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $16.5M $16M $8.4M $15.6M $17.6M
 
Basic EPS (Cont. Ops) $2.31 $2.26 $1.19 $1.95 $2.54
Diluted EPS (Cont. Ops) $2.31 $2.26 $1.19 $1.95 $2.53
Weighted Average Basic Share $21.5M $21.2M $21.1M $21M $20.8M
Weighted Average Diluted Share $21.5M $21.2M $21.1M $21M $20.9M
 
EBITDA -- -- -- -- --
EBIT $25.1M $25.4M $33.6M $44.9M $45.6M
 
Revenue (Reported) $60.9M $60.3M $73.4M $83M $83.1M
Operating Income (Reported) $20.5M $19.7M $10.1M $17M $21.6M
Operating Income (Adjusted) $25.1M $25.4M $33.6M $44.9M $45.6M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $19.2M $17.3M $18.7M $15.7M $23.7M
Short Term Investments $198M $310.9M $250.7M $188.7M $218.7M
Accounts Receivable, Net $6.6M $6.6M $8M $8.7M --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $208.7M $182.2M $103.4M $103.9M $61.7M
 
Property Plant And Equipment $34.6M $32.7M $32.9M $32M $31.2M
Long-Term Investments $20.8M $12.9M $74.9M $87.9M $33.5M
Goodwill -- -- -- -- --
Other Intangibles $2.4M $2.7M $2.9M $1.7M --
Other Long-Term Assets -- -- -- -- --
Total Assets $1.7B $1.8B $1.9B $1.9B $1.8B
 
Accounts Payable $837K $282K $902K $1.8M --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $458.1M $487M $663.9M $1.1B $1.1B
 
Long-Term Debt $128.7M $119M $127.7M $131.4M $92.3M
Capital Leases -- -- -- -- --
Total Liabilities $1.6B $1.7B $1.8B $1.7B $1.7B
 
Common Stock $6.8M $7M $7.3M $7.6M $7.6M
Other Common Equity Adj $1.5M $3.3M -$31.7M -$13.8M -$12.4M
Common Equity $130.6M $149M $127.4M $136.1M $149.5M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $130.6M $149M $127.4M $136.1M $149.5M
 
Total Liabilities and Equity $1.7B $1.8B $1.9B $1.9B $1.8B
Cash and Short Terms $226.6M $468.9M $337.4M $282.2M $270.6M
Total Debt $128.7M $128.4M $148.7M $157.4M $132.3M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $19M $15.1M $17.8M $19.4M $17.6M
Short Term Investments $278.5M $245.2M $233.5M $203.3M --
Accounts Receivable, Net $7.6M $7M $8.5M $8.3M --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- -- --
Other Current Assets -- -- -- -- --
Total Current Assets $139.1M $61.8M $40.7M $67.8M $111.7M
 
Property Plant And Equipment $33.2M $33.3M $32.5M $31.3M $32.6M
Long-Term Investments $17.2M $36.7M $20.7M $41.8M $94.3M
Goodwill -- -- -- -- --
Other Intangibles $2.7M $2.9M $2.9M -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $1.7B $1.8B $1.9B $1.8B $1.9B
 
Accounts Payable $308K $565K $1.9M $1.8M --
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $489.5M $505.2M $433.2M $392.5M $426.2M
 
Long-Term Debt $144.8M $124M $162.7M $147.7M $229.2M
Capital Leases -- -- -- -- --
Total Liabilities $1.6B $1.7B $1.8B $1.7B $1.8B
 
Common Stock $7M $7.3M $7.6M $7.6M $7.6M
Other Common Equity Adj -$1.6M -$40.1M -$40M -$12.2M --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $139.1M $115.4M $118.4M $146.5M $164.9M
 
Total Liabilities and Equity $1.7B $1.8B $1.9B $1.8B $1.9B
Cash and Short Terms $304.2M $290.7M $262.1M $258.5M --
Total Debt $144.8M $124M $162.7M $147.7M $229.2M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $14.3M $22.5M $20.8M $956K $18.3M
Depreciation & Amoritzation $2.3M $2.3M $2.1M $2.1M $1.7M
Stock-Based Compensation -- -- -- $42K $184K
Change in Accounts Receivable -$159K $19K -$1.3M -$708K --
Change in Inventories -- -- -- -- --
Cash From Operations $17.7M $20.5M $16.1M $18.4M $25.6M
 
Capital Expenditures $1.8M $591K $2.6M $2.1M $38M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$136.3M -$117.9M -$202.3M $53.4M $1.3M
 
Dividends Paid (Ex Special Dividend) $3M $3.6M $4.2M $4.6M $5M
Special Dividend Paid
Long-Term Debt Issued $69M -- $336M $346.8M $14.7M
Long-Term Debt Repaid -$59.2M -$29.3M -$315.4M -$337.8M -$40.2M
Repurchase of Common Stock $906K $2.1M $2.9M -- $1.1M
Other Financing Activities -- -- -- -- --
Cash From Financing $220.8M $76.9M $110.1M -$62.1M -$69.3M
 
Beginning Cash (CF) $78.1M $180.4M $159.9M $83.7M $93.5M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $102.2M -$20.5M -$76.2M $9.7M -$42.5M
Ending Cash (CF) $180.4M $159.9M $83.7M $93.5M $51M
 
Levered Free Cash Flow $15.9M $20M $13.5M $16.3M -$12.4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $5.8M $4.9M $2.6M $4.6M --
Depreciation & Amoritzation -- -- -- -- --
Stock-Based Compensation -- -- -- $48K $104K
Change in Accounts Receivable -$719K -$602K -$283K -$2.1M --
Change in Inventories -- -- -- -- --
Cash From Operations $7.2M $6.2M $4.6M $9.1M $288K
 
Capital Expenditures $178K $780K $479K $990K $1M
Cash Acquisitions -- -- -- -- --
Cash From Investing $5.1M -$57.9M $14.3M $20M -$43.9M
 
Dividends Paid (Ex Special Dividend) $954K $1.1M $1.2M $1.3M $1.4M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $105.5M $112.8M $428K --
Long-Term Debt Repaid -$61K -$100.5M -$165.1M -$3M --
Repurchase of Common Stock -- -- -- $100K $308K
Other Financing Activities -- -- -- -- --
Cash From Financing $24.5M $64.8M -$15.6M -$50.8M $43.2M
 
Beginning Cash (CF) $76.4M $28.2M $24.6M $75.8M --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $36.8M $13.2M $3.2M -$21.6M -$419K
Ending Cash (CF) $113.3M $41.4M $27.9M $54.2M --
 
Levered Free Cash Flow $7.1M $5.5M $4.1M $8.1M -$734K
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $21.7M $22M $13.1M $6.2M --
Depreciation & Amoritzation $2.3M $2.2M $2.1M $1.9M --
Stock-Based Compensation -- -- -- -- $346K
Change in Accounts Receivable $673K $520K $427K -$708K --
Change in Inventories -- -- -- -- --
Cash From Operations $17.9M $18M $18.2M $29.3M $13.7M
 
Capital Expenditures $1M $2.6M $1.5M $37.8M $2.9M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$85.5M -$222.6M -$54M $101.6M -$63.1M
 
Dividends Paid (Ex Special Dividend) $3.4M $4.1M $4.6M $4.9M $5.4M
Special Dividend Paid
Long-Term Debt Issued -- $191.5M $487.3M $18.7M --
Long-Term Debt Repaid -$19.3M -$212M -$448.3M -$34.2M --
Repurchase of Common Stock $2.1M $2.9M -- $1.1M $2.5M
Other Financing Activities -- -- -- -- --
Cash From Financing $51.5M $132.7M $22.3M -$104.6M $95.1M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$16.1M -$71.9M -$13.5M $26.4M $45.7M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $16.8M $15.4M $16.7M -$8.5M $10.8M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders $16.5M $16M $8.4M $13.7M $11.5M
Depreciation & Amoritzation $578K $545K $540K $463K $1.1M
Stock-Based Compensation -- -- -- $48K $281K
Change in Accounts Receivable -$928K -$427K -- -- -$384K
Change in Inventories -- -- -- -- --
Cash From Operations $13.1M $10.6M $12.8M $23.7M $11.8M
 
Capital Expenditures $425K $2.4M $1.4M $37.1M $1.9M
Cash Acquisitions -- -- -- -- --
Cash From Investing -$72M -$176.8M -$28.5M $19.8M -$44.6M
 
Dividends Paid (Ex Special Dividend) $2.6M $3.1M $3.5M $3.7M $4M
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- $191.5M $342.9M $14.7M $228.7M
Long-Term Debt Repaid -$13.2M -$196M -$328.9M -$25.2M -$170.1M
Repurchase of Common Stock $2.1M $2.9M -- $1.1M $2.5M
Other Financing Activities -- -- -- -- --
Cash From Financing -$8.2M $47.6M -$40.2M -$82.6M $81.7M
 
Beginning Cash (CF) $403.5M $238.6M $142.1M $212.8M $153.3M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$67.1M -$118.5M -$55.9M -$39.2M $48.9M
Ending Cash (CF) $336.4M $120.1M $86.3M $173.6M $202.6M
 
Levered Free Cash Flow $12.7M $8.2M $11.4M -$13.4M $9.8M

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