Blackhawk Bancorp, Inc. (BHWB)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Blackhawk Bancorp, Inc. (BHWB) trades at $33.35 with AI Score 49/100 (Grade C). Blackhawk Bancorp, Inc. Market cap: $96.57M, Sector: Financial services.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for BHWB: BHWB does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BHWB against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
BHWB: the 1 perspectives are evenly split.
How is this calculated? →Blackhawk Bancorp, Inc. (BHWB) Financial Services Profile
Blackhawk Bancorp, Inc., established in 1881, operates as a regional bank providing diverse financial services, including personal and business banking, wealth management, and digital solutions, across 11 locations in northern Illinois and southern Wisconsin, maintaining a market capitalization of $96.57M and a P/E ratio of 7.0.
What Is the Investment Thesis for BHWB?
Blackhawk Bancorp, Inc. presents a focused regional banking model with a market capitalization of $96.57M and a P/E ratio of 7.0. The company's profitability is highlighted by a 24.1% profit margin and a 100% gross margin. Growth catalysts include expanding its digital banking services and increasing its commercial lending portfolio within its established geographic footprint. Potential risks include managing credit quality in a fluctuating economic environment and adapting to changing regulatory requirements. The absence of a dividend yield may deter some investors, but the company's low beta of 0.39 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
BHWB Key Highlights
- Market capitalization of $96.57M, reflecting its size within the regional banking sector.
- P/E ratio of 7.0, indicating a potentially undervalued stock compared to its earnings.
- Profit margin of 24.1%, showcasing efficient operations and profitability.
- Gross margin of 100.0%, suggesting a strong ability to manage the cost of its financial products and services.
- Beta of 0.39, indicating lower volatility compared to the overall market, which may appeal to risk-averse investors.
Who Are BHWB's Competitors?
BHWB is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CBOBA Bay Community Bancorp | $13.95 | +1.45% | $118.91M | 45 |
| CFGW Community Financial Group, Inc. | $44.00 | +8.51% | $67.99M | 59 |
| CNUN Community Bancshares, Inc. | $75.00 | +0.00% | $98.09M | 46 |
| DOVXF doValue S.p.A. | $6.25 | +0.00% | $96.53M | 50 |
| FDLB Fidelity Federal Bancorp | $95.00 | +0.00% | $92.53M | 46 |
| MCHB Mechanics Bank | $16.16 | -1.22% | $3.56B | 71 |
| STLE Steele Bancorp Inc. | $43.34 | +0.00% | $80.55M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BHWB's Key Strengths?
- Long-standing history and established reputation in the region.
- Diversified range of financial products and services.
- Strong relationships with local customers and businesses.
- Experienced management team.
What Are BHWB's Weaknesses?
- Limited geographic presence compared to larger banks.
- Reliance on traditional banking services in a rapidly evolving digital landscape.
- Lack of dividend yield may deter some investors.
- Smaller market capitalization compared to competitors.
What Could Drive BHWB Stock Higher?
- Expansion of digital banking services to attract and retain customers.
- Increased commercial lending to support local businesses.
- Potential strategic acquisitions to expand geographic reach in 2027-2028.
- Development of wealth management services to cater to growing demand.
What Are the Key Risks for BHWB?
- Increased competition from larger national banks and credit unions.
- Fluctuations in interest rates and economic conditions.
- Changing regulatory requirements and compliance costs.
- Cybersecurity risks and data breaches.
- Limited geographic presence compared to larger banks.
What Are the Growth Opportunities for BHWB?
- Expansion of Digital Banking Services: Blackhawk Bancorp can capitalize on the growing demand for digital banking solutions by enhancing its online and mobile platforms. This includes offering a wider range of digital services, improving user experience, and leveraging data analytics to personalize customer interactions. The digital banking market is projected to reach $9 trillion by 2028, presenting a significant opportunity for Blackhawk to attract and retain customers while reducing operational costs. Timeline: Ongoing.
- Increased Commercial Lending: Blackhawk Bancorp can focus on expanding its commercial lending portfolio by targeting small and medium-sized businesses in its existing geographic footprint. This involves developing tailored loan products, streamlining the application process, and building strong relationships with local businesses. The commercial lending market is expected to grow as businesses seek financing for expansion and investment. Timeline: Ongoing.
- Strategic Acquisitions: Blackhawk Bancorp can pursue strategic acquisitions of smaller banks or financial institutions in adjacent markets to expand its geographic reach and customer base. This can provide access to new markets, diversify revenue streams, and achieve economies of scale. The consolidation trend in the banking industry presents opportunities for Blackhawk to grow through acquisitions. Timeline: 2027-2028.
- Wealth Management Services: Blackhawk Bancorp can further develop its wealth management services to cater to the growing demand for financial planning and investment advice. This includes expanding its team of financial advisors, offering a wider range of investment products, and leveraging technology to provide personalized wealth management solutions. The wealth management market is expected to grow as individuals seek to manage their assets and plan for retirement. Timeline: Ongoing.
- Enhanced Customer Experience: Blackhawk Bancorp can differentiate itself by providing exceptional customer service and building strong relationships with its customers. This involves empowering its employees to resolve customer issues, investing in training and development, and leveraging technology to personalize customer interactions. A positive customer experience can lead to increased customer loyalty and referrals. Timeline: Ongoing.
What Opportunities Does BHWB Have?
- Expansion of digital banking services to attract and retain customers.
- Increased commercial lending to support local businesses.
- Strategic acquisitions to expand geographic reach.
- Development of wealth management services to cater to growing demand.
What Threats Does BHWB Face?
- Increased competition from larger national banks and credit unions.
- Fluctuations in interest rates and economic conditions.
- Changing regulatory requirements and compliance costs.
- Cybersecurity risks and data breaches.
What Are BHWB's Competitive Advantages?
- Established regional presence with a strong understanding of local markets.
- Long-standing customer relationships built over decades.
- Diversified range of financial products and services.
- Experienced management team with deep industry knowledge.
What Does BHWB Do?
Founded in 1881 and headquartered in Beloit, Wisconsin, Blackhawk Bancorp, Inc. has evolved into a comprehensive financial services provider. The company operates as a financial holding company, offering a wide array of banking products and services to individual, corporate, institutional, and governmental customers. Its personal banking services include checking, savings, health savings, and money market accounts, alongside certificates of deposit, personal, auto, student, and home improvement loans, lines of credit, and credit cards. For businesses, Blackhawk Bancorp provides business checking, interest checking, sweep, and NOW accounts, as well as commercial, development, term, equipment, and SBA loans, plus lines and letters of credit, receivables financing, and corporate credit cards. Beyond traditional banking, Blackhawk Bancorp offers payments and transfer services, mortgage lending, financial planning, wealth management, security brokerage, and investment management. The company also provides online and mobile banking services, catering to the evolving needs of its customer base. With 11 full-service banking centers strategically located in northern Illinois and southern Wisconsin, Blackhawk Bancorp maintains a strong regional presence, focusing on building long-term relationships and providing tailored financial solutions.
What Products and Services Does BHWB Offer?
- Provides personal banking services, including checking and savings accounts.
- Offers business banking solutions, such as commercial loans and treasury management.
- Provides mortgage lending services for home purchases and refinancing.
- Offers wealth management and financial planning services.
- Provides online and mobile banking platforms for convenient access to accounts.
- Offers installment loans for various financial needs.
- Provides security brokerage services.
How Does BHWB Make Money?
- Generates revenue through interest income from loans.
- Earns fees from services such as wealth management and transaction processing.
- Manages risk by diversifying its loan portfolio and adhering to regulatory requirements.
- Expands its customer base through marketing and community engagement.
What Industry Does BHWB Operate In?
Blackhawk Bancorp, Inc. operates within the regional banking sector, which is characterized by intense competition and evolving customer expectations. The industry is undergoing digital transformation, with customers increasingly demanding online and mobile banking solutions. Blackhawk Bancorp competes with other regional banks like CBOBA, CFGW, CNUN, DOVXF, and FDLB, as well as larger national banks and credit unions. The company's success depends on its ability to differentiate itself through personalized service, innovative products, and efficient operations in a market driven by both technological advancements and regulatory changes.
Who Are BHWB's Key Customers?
- Individuals seeking personal banking services.
- Small and medium-sized businesses requiring commercial loans and banking solutions.
- Institutional clients needing wealth management and investment services.
- Governmental entities utilizing banking services.
How Blackhawk Bancorp, Inc. Is Valued
Blackhawk Bancorp, Inc. carries a market capitalization of $96.57M, placing it in the micro-cap category. Relative to its peer group, BHWB's quantitative score of 49/100 is roughly in line with the peer average of 49/100.
Company Profile
Blackhawk Bancorp, Inc. operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Beloit, US. The company is led by CEO Todd J. James. BHWB has traded publicly since 1995.
ROE 15%Key Financial Metrics
Return on equity for Blackhawk Bancorp, Inc. stands at 15.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.0%, showing how much profit it generates from its asset base. BHWB trades at a trailing price-to-earnings ratio of 7.02, below the Financial Services sector average of ~18x. Its free cash flow yield is 12.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 14.2%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 5/9Financial Health
Blackhawk Bancorp, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.57 places it in the grey zone, a middle ground that warrants monitoring.
BHWB Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Long-standing history and established reputation in the region.
- Diversified range of financial products and services.
- Strong relationships with local customers and businesses.
- Experienced management team.
Bear Case
- Limited geographic presence compared to larger banks.
- Reliance on traditional banking services in a rapidly evolving digital landscape.
- Lack of dividend yield may deter some investors.
- Smaller market capitalization compared to competitors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
BHWB Latest News
No recent news available for BHWB.
BHWB Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BHWB.
Price Targets
Wall Street price target analysis for BHWB.
BHWB MoonshotScore
What does this score mean?
The MoonshotScore rates BHWB's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Todd J. James
CEO
Todd J. James serves as the CEO of Blackhawk Bancorp, Inc. His career spans several decades in the financial services industry, with a focus on community banking and regional development. Prior to joining Blackhawk Bancorp, James held leadership positions at various financial institutions, where he oversaw strategic planning, risk management, and business development initiatives. He has a strong background in commercial lending and a deep understanding of the banking sector. James is actively involved in community organizations and serves on several boards.
Track Record: Under Todd J. James' leadership, Blackhawk Bancorp, Inc. has focused on expanding its digital banking capabilities and increasing its commercial lending portfolio. He has overseen the implementation of new technologies to improve customer experience and streamline operations. James has also emphasized building strong relationships with local businesses and supporting community development initiatives. His tenure has been marked by a commitment to sustainable growth and responsible risk management.
BHWB OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Blackhawk Bancorp, Inc. may not meet the minimum financial standards or disclosure requirements for higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may not be subject to the same level of regulatory oversight as exchange-listed companies. Investing in OTC Other stocks carries higher risks due to the potential for limited information, price volatility, and illiquidity. This contrasts with NYSE/NASDAQ listings, which demand stringent financial reporting and governance standards.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure and transparency.
- Higher price volatility due to lower trading volume.
- Potential for illiquidity, making it difficult to buy or sell shares.
- Increased risk of fraud or manipulation.
- Lack of regulatory oversight compared to exchange-listed companies.
- Verify the company's financial statements and audit reports.
- Research the background and experience of the management team.
- Assess the company's business model and competitive landscape.
- Evaluate the company's regulatory compliance and risk management practices.
- Monitor trading volume and price volatility.
- Consult with a financial advisor before investing.
- Confirm the legitimacy of the company's operations and assets.
- Long-standing history and established presence in the region.
- Operation of multiple full-service banking centers.
- Provision of a wide range of financial products and services.
- Experienced management team with deep industry knowledge.
What Investors Ask About Blackhawk Bancorp, Inc. (BHWB) — Financial Services
What does Blackhawk Bancorp, Inc. do?
Blackhawk Bancorp, Inc. operates as a financial holding company, providing a comprehensive suite of banking products and services to individuals, businesses, and institutions. Its offerings include personal banking services like checking and savings accounts, loans, and credit cards, as well as business banking solutions such as commercial loans and treasury management. The company also provides wealth management, financial planning, and online banking services. Blackhawk Bancorp serves customers through its 11 full-service banking centers located in northern Illinois and southern Wisconsin.
What are the main risks for BHWB?
Blackhawk Bancorp, Inc. faces several risks inherent to the banking industry, including credit risk, interest rate risk, and regulatory risk. Credit risk arises from the potential for borrowers to default on their loans, which could lead to losses for the company. Interest rate risk stems from the impact of changing interest rates on the company's net interest margin. Regulatory risk involves the costs and challenges of complying with evolving banking regulations. Additionally, Blackhawk Bancorp faces competition from larger national banks and credit unions, as well as cybersecurity risks and the potential for economic downturns in its operating region.
What is Blackhawk Bancorp, Inc.'s credit quality and risk management approach?
Assessing Blackhawk Bancorp, Inc.'s credit quality involves analyzing its loan portfolio composition, non-performing loan ratios, and allowance for loan losses. A strong credit quality indicates a lower risk of loan defaults and potential losses. The company's risk management approach should encompass policies and procedures for identifying, measuring, monitoring, and controlling various risks, including credit risk, interest rate risk, and operational risk. Investors should review Blackhawk Bancorp's financial reports and regulatory filings to gain insights into its credit quality and risk management practices.
What regulatory challenges does Blackhawk Bancorp, Inc. face?
Blackhawk Bancorp, Inc., like all banks, operates under a complex regulatory environment governed by federal and state banking authorities. Key regulatory challenges include maintaining adequate capital levels to meet regulatory requirements, complying with consumer protection laws, and adhering to anti-money laundering regulations. Increased regulatory scrutiny and compliance costs can impact the company's profitability and operational efficiency. Investors should monitor regulatory developments and assess their potential impact on Blackhawk Bancorp's business and financial performance.
What are the key factors to evaluate for BHWB?
Blackhawk Bancorp, Inc. (BHWB) holds an AI score of 49/100 (low). P/E: 7.0x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does BHWB data refresh on this page?
BHWB prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BHWB's recent stock price performance?
Blackhawk Bancorp, Inc. (BHWB) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Long-standing history and established reputation in the region. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BHWB overvalued or undervalued right now?
Blackhawk Bancorp, Inc. (BHWB) trades at 7.0x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC market data may be less reliable than exchange-listed data.
- AI analysis is pending and may provide additional insights.