- Hawthorn Bancshares (HWBK, Financial) joins Russell 3000® and Russell 2000® indexes, effective June 30, 2025.
- Inclusion enhances visibility with $10.6 trillion in benchmarked assets against Russell US indexes.
- The Russell 2000 is a small-cap subset of the Russell 3000, featuring the largest 3,000 U.S. public companies by market cap.
Hawthorn Bancshares, Inc. (HWBK) has been included in the Russell 3000® Index and the Russell 2000® Index as part of FTSE Russell's 2025 reconstitution, effective from June 30, 2025. This inclusion reflects the company's market capitalization ranking among the top 3,000 U.S. public companies.
The Russell 3000® Index encompasses the largest U.S. public companies by market cap, while the Russell 2000® Index serves as a small-cap subset. This inclusion means Hawthorn's shares are likely to experience increased demand from passive investment funds that track these indexes, potentially boosting trading liquidity and reducing volatility.
According to FTSE Russell, approximately $10.6 trillion in assets were benchmarked against the Russell US indexes as of June 2024. This milestone provides Hawthorn Bancshares with enhanced visibility among institutional investors and facilitates automatic inclusion in the relevant growth and value style indexes, expanding the company's exposure to specialized investment strategies.
Brent M. Giles, Director and CEO of Hawthorn Bancshares, expressed satisfaction with the company's inclusion in these key market indexes, noting it as a testament to the bank's growth and progress. He emphasized that this visibility serves as validation of their strategy to drive value for shareholders.
