News & Videos - BLACKHAWK BANCORP BHWB

BELOIT, WI / ACCESSWIRE / July 21, 2023 / Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") the parent company of Blackhawk Bank (the "Bank"), today reported net income of $3.19 million for the quarter ended June 30, 2023, a 10% increase from the $2.89 million earned the in the preceding quarter, and an 8% decrease compared to the $3.48 million earned during the second quarter of 2022. Diluted Earnings per Share (EPS) for the current quarter was $1.10, an increase of $0.10, or 10%, compared...

BELOIT, WI / ACCESSWIRE / April 21, 2023 / Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") parent company of Blackhawk Bank (the "Bank"), today reported net income of $2.89 million for the quarter ended March 31, 2023, a 29% decrease from the $4.05 million earned in the preceding quarter, and a 10% increase compared to the $2.62 million earned during the first quarter of 2022. Diluted Earnings per Share (EPS) for the current quarter was $1.00, a decrease of $0.41, or 29%, compared to the...

BELOIT, WI / ACCESSWIRE / February 21, 2023 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) , (the "Company") the parent company of Blackhawk Bank ("the Bank"), today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock. Shareholders of record as of March 3, 2023, will be paid a dividend of $0.12 per share on March 17, 2023. This amounts to $0.48 per share on an annual basis and is the 35th consecutive quarterly dividend declared by the Company. About...

BELOIT, WI / ACCESSWIRE / January 24, 2023 / Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") the parent company of Blackhawk Bank (the "Bank"), reported record earnings for the year ended December 31, 2022, with net income of $13.64 million slightly exceeding the previous year's net income of $13.62 million. Diluted Earnings per Share (EPS) for 2022 increased 6.26% to $4.75 compared to the previous record of $4.47 reported for 2021. The Company's results for the year ended 2022 produced a...

BELOIT, WI / ACCESSWIRE / November 21, 2022 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) , (the "Company") the parent company of Blackhawk Bank ("the Bank"), today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock. Shareholders of record as of December 9, 2022, will be paid a dividend of $0.12 per share on December 23, 2022. This amounts to $0.48 per share on an annual basis and is the 34th consecutive quarterly dividend declared by the Company....

BELOIT, WI / ACCESSWIRE / October 24, 2022 / Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") the parent company of Blackhawk Bank (the "Bank"), today reported net income of $3.49 million for the quarter ended September 30, 2022, a modest increase compared to $3.48 million earned in the preceding quarter, and an 8% increase compared to the $3.22 million earned during the third quarter of 2021. Diluted Earnings per Share (EPS) for the current quarter was $1.21, the same as the preceding...

BELOIT, WI / ACCESSWIRE / August 22, 2022 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) , (the "Company") the parent company of Blackhawk Bank ("the Bank"), today announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock. Shareholders of record as of September 9, 2022, will be paid a dividend of $0.12 per share on September 23, 2022. This amounts to $0.48 per share on an annual basis and is the 33 rd consecutive quarterly dividend declared by the...

BELOIT, WI / ACCESSWIRE / July 18, 2022 / Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") the parent company of Blackhawk Bank (the "Bank"), today reported net income of $3.48 million for the quarter ended June 30, 2022, a 33% increase from the $2.62 million earned the in the preceding quarter, and a 14% decrease compared to the $4.06 million earned during the second quarter of 2021. Diluted Earnings per Share (EPS) for the current quarter was $1.21, an increase of $0.29, or 32%, compared...

BELOIT, WI / ACCESSWIRE / May 20, 2022 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) reports that its Board of Directors has declared a cash dividend on the Company's common stock. Shareholders of record as of June 3, 2022, will be paid a dividend of $0.12 per share on June 17, 2022. This amounts to $0.48 per share on an annual basis and is the thirty-second consecutive quarterly dividend declared by the Company. About Blackhawk Bancorp Blackhawk Bancorp, Inc. is headquartered in Beloit, Wisconsin, and...

BELOIT, WI / ACCESSWIRE / May 19, 2022 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) today announced that it has elected three incumbent directors and one new director at its Annual Meeting of Shareholders held on May 18, 2022. The four directors elected to three-year terms include Lucas R. Derry, April R. Glosser, Paul L. Palmby and new incoming director, Benjamin D. Holmstrom. Holstrom is President of William Charles Construction, a Division of Infrastructure and Energy Alternatives, a Nasdaq-traded...

BELOIT, WI / ACCESSWIRE / May 4, 2022 / Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") parent company of Blackhawk Bank (the "Bank"), today announced plans to close two banking centers located in Richmond and Island Lake, Illinois. The Company currently expects the closures to occur in August 2022. These efforts are being undertaken by the Company as part of its long-term strategy to improve the efficiency and effectiveness of its delivery systems. The Company continues to see migration...

BELOIT, WI / ACCESSWIRE / April 20, 2022 / Blackhawk Bancorp, Inc. (OTCQX:BHWB), (the "Company") parent company of Blackhawk Bank (the "Bank"), today reported net income of $2.62 million for the quarter ended March 31, 2022, a 10% decrease from the $2.91 million earned the in the preceding quarter, and a 24% decrease compared to the $3.43 million earned during the first quarter of 2021. Diluted Earnings per Share (EPS) for the current quarter was $0.92, a decrease of $0.10, or 10%, compared to...

BELOIT, WI / ACCESSWIRE / February 28, 2022 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) reports that its Board of Directors has declared a cash dividend on the Company's common stock. Shareholders of record as of December 3, 2021, will be paid a dividend of $0.12 per share on February 16, 2022. This amounts to $0.48 per share on an annual basis and is the thirty-first consecutive quarterly dividend declared by the Company and represents a 9% increase compared to the last eight quarterly dividends....

BELOIT, WI / ACCESSWIRE / January 24, 2022 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) reported record earnings for the year ended December 31, 2021 with net income of $13.62 million exceeding the previous year's net income of $10.85 million by 26%. Diluted Earnings per Share (EPS) for 2021 increased 38% to $4.47 compared to the previous record of $3.25 reported for 2020. The Company's results for the year ended 2021 produced a Return on Average Equity (ROAE) of 12.99% and a Return on Average Assets...

BELOIT, WI / ACCESSWIRE / November 22, 2021 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) reports that its Board of Directors has declared a cash dividend on the Company's common stock. Shareholders of record as of December 3, 2021 will be paid a dividend of $0.11 per share on December 17, 2021. This amounts to $0.44 per share on an annual basis and is the thirtieth consecutive quarterly dividend declared by the company. About Blackhawk Bancorp Blackhawk Bancorp, Inc. is headquartered in Beloit,...

BELOIT, WI / ACCESSWIRE / October 19, 2021 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) reported net income of $3.22 million for the quarter ended September 30, 2021, a 21% decrease compared to the $4.06 million earned the previous quarter, and a 13% increase compared to the $2.86 million earned the third quarter of 2020. Fully diluted earnings per share (EPS) for the quarter was $1.13, a decrease of $0.17 as compared to $1.30 for the quarter ended June 30, 2021 and an increase of $0.27, or 31%, as...

BELOIT, WI / ACCESSWIRE / August 25, 2021 / Blackhawk Bank (OTCQX:BHWB) announces that it has acquired property at 460 S. First Street, St. Charles, IL and plans to open a full-service branch at that location later in the year. In conjunction with the opening of the new location, Blackhawk Bank's Kane County Business Banking Center located at 2205 Point Blvd will be closed with the staff moving to the new location. In addition, Blackhawk will be hiring additional staff from the local community...

BELOIT, WI / ACCESSWIRE / August 23, 2021 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) reports that its Board of Directors has declared a cash dividend on the Company's common stock. Shareholders of record as of September 3, 2021 will be paid a dividend of $0.11 per share on September 17, 2021. This amounts to $0.44 per share on an annual basis and is the twenty-ninth consecutive quarterly dividend declared by the company. About Blackhawk Bancorp Blackhawk Bancorp, Inc. is headquartered in Beloit,...

BELOIT, WI / ACCESSWIRE / July 21, 2021 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) reported net income of $4.06 million for the quarter ended June 30, 2021, an 18% increase over the $3.43 million earned the previous quarter, and a 58% increase compared to the $2.56 million earned the second quarter of 2020. Fully diluted earnings per share (EPS) for the quarter was $1.30, an increase of $0.28 as compared to $1.02 for the quarter ended March 31, 2021 and an increase of $0.53, or 69%, as compared to...

BELOIT, WI / ACCESSWIRE / May 25, 2021 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) reports that it has elected two incumbent directors and one new director at its Annual Meeting of Shareholders held on May 19, 2021. The three directors elected to three-year terms include David K. Adkins, Todd M. Buehl, and the new incoming director, Bruce E. Ware, Vice President of DaVita Inc. DaVita is a Fortune 500 Company with over $11.0 billion in revenues focused on healthcare services in the kidney care space....