GS
The Goldman Sachs Group, Inc.
GS has the edge over HWBK overall, supported by stronger valuation and stronger fundamentals.
HWBK
Hawthorn Bancshares, Inc.
HWBK trails on the overall score without a compensating advantage in the available component scores.
GS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
GS's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like GS.
HWBK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
HWBK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HWBK.
GS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.6x | $528 | -42% |
| Current | 13x | $914 | — |
| Forward | 13x | $914 | — |
| Fair | 14x | $940 | +2.9% |
| Expensive | 17x | $1,214 | +33% |
Historical ranges are pointers, not guarantees.
GS's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.
HWBK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.5x | $28.38 | -28% |
| Fair | 10x | $37.82 | -4% |
| Current | 10x | $39.40 | — |
| Expensive | 12x | $45.45 | +15% |
Historical ranges are pointers, not guarantees.
HWBK has the edge over GS in the historical PE scenario, which offers more potential upside but is not a forecast.
GS Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for GS, with profitability improving. However, they disagree widely on these estimates.
HWBK Forward outlook
There aren't enough analyst estimates for HWBK to show an outlook.
GS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $72.35 | +4% |
| Q3 2026 | $69.58 | +41% |
| Q2 2026 | $64.82 | +43% |
| Q1 2026 | $54.75 | +27% |
| Q4 2025 | $51.32 | +27% |
| Q3 2025 | $49.22 | +44% |
| Q2 2025 | $45.37 | +45% |
| Q1 2025 | $43.08 | +68% |
| Q4 2024 | $40.54 | +77% |
GS's earnings per share have climbed steadily: $69.58 over the past year, up 41% from the year before, and higher year over year for 10 quarters in a row. Its recent earnings include one-off gains.
HWBK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $3.80 | +19% |
| Q2 2026 | $3.67 | +24% |
| Q1 2026 | $3.49 | +27% |
| Q4 2025 | $3.43 | +31% |
| Q3 2025 | $3.19 | +258% |
| Q2 2025 | $2.97 | +403% |
| Q1 2025 | $2.75 | +848% |
| Q4 2024 | $2.61 | +2075% |
HWBK has the edge over GS on earnings, with stronger typical year-over-year growth.
GS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $18.7B | +23% |
| Q2 2026 | $20.3B | +39% |
| Q1 2026 | $17.2B | +14% |
| Q4 2025 | $13.5B | -3% |
| Q3 2025 | $15.2B | +20% |
| Q2 2025 | $14.6B | +15% |
| Q1 2025 | $15.1B | +6% |
| Q4 2024 | $13.9B | +23% |
GS's revenue is growing: $18.7B last quarter, up 23% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | +2 points |
| Q2 2026 | 42% | +8.1 points |
| Q1 2026 | 38% | +0.2 points |
| Q4 2025 | 44% | +5.6 points |
| Q3 2025 | 36% | +4.1 points |
| Q2 2025 | 34% | +3.2 points |
| Q1 2025 | 37% | +0.6 points |
| Q4 2024 | 38% | +18 points |
GS has the edge over HWBK on profitability, with a higher operating margin.
HWBK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $23M | +12% |
| Q2 2026 | $22.6M | +15% |
| Q1 2026 | $20.2M | +7.7% |
| Q4 2025 | $21.2M | +12% |
| Q3 2025 | $20.6M | +14% |
| Q2 2025 | $19.7M | +8.4% |
| Q1 2025 | $18.8M | +5.6% |
| Q4 2024 | $18.9M | +4.8% |
HWBK's revenue has grown year over year for 11 quarters in a row: $23M last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | -2.7 points |
| Q2 2026 | 39% | +1.6 points |
| Q1 2026 | 36% | +2.3 points |
| Q4 2025 | 37% | +7.4 points |
| Q3 2025 | 38% | +6.7 points |
| Q2 2025 | 38% | +6.5 points |
| Q1 2025 | 33% | +2.8 points |
| Q4 2024 | 30% | +84 points |
HWBK's operating margin was 35% last quarter, down 2.7 points from the same quarter a year ago.
GS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +72% |
| Q2 2026 | $5.6B | +7.8% |
| Q1 2026 | -$32.4B | +$5.3B |
| Q4 2025 | -$16.8B | -136% |
| Q3 2025 | $2.1B | +$40.6B |
| Q2 2025 | $5.2B | -6.8% |
| Q1 2025 | -$37.7B | -$9.2B |
| Q4 2024 | $46.2B | +$75.1B |
GS's free cash flow was −$40B over the past year, against $15.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like GS.
HWBK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$2.1M | -$1.4M |
| Q2 2026 | $9.5M | +87% |
| Q1 2026 | $6.1M | +12% |
| Q4 2025 | $13M | +1196% |
| Q3 2025 | -$734K | -109% |
| Q2 2025 | $5.1M | -39% |
| Q1 2025 | $5.5M | +8% |
| Q4 2024 | $1M | -78% |
HWBK has the edge over GS on cash generation, producing positive trailing cash flow while its opponent burns cash.
GS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.8M shares |
| 1 year | -4.4% | -13.9M shares |
| 3 years | -12% | -42.8M shares |
| 5 years | -15% | -52.8M shares |
| Available history | -20% | -74.4M shares |
GS has the edge over HWBK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3B |
| Q2 2026 | $4B |
| Q1 2026 | $5B |
| Q4 2025 | $3B |
| Q3 2025 | $2B |
| Q2 2025 | $3B |
| Q1 2025 | $4.4B |
| Q4 2024 | $2B |
GS spent $15B buying back its own shares over the past year, up 32% from the year before.
HWBK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.6% | +111K shares |
| 1 year | +1.4% | +95.3K shares |
| 3 years | -0.3% | -22K shares |
| 5 years | -2% | -140K shares |
| Available history | -4.4% | -325K shares |
HWBK has 7M diluted shares, up 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $4,000 |
| Q1 2026 | $400,000 |
| Q4 2025 | $331,000 |
| Q3 2025 | $308,000 |
| Q2 2025 | $1.8M |
| Q1 2025 | $440,000 |
| Q4 2024 | $13,000 |
HWBK spent $735,000 buying back its own shares over the past year, down 71% from the year before.
GS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.4x | Net Cash |
| Q2 2026 | -6.1x | Net Cash |
| Q1 2026 | -6.7x | Net Cash |
| Q4 2025 | -6.4x | Net Cash |
| Q3 2025 | -3.5x | Net Cash |
| Q2 2025 | -3.1x | Net Cash |
| Q1 2025 | -3.9x | Net Cash |
| Q4 2024 | -4.7x | Net Cash |
GS has the edge over HWBK on leverage, with a lower net debt burden relative to earnings.
HWBK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.0x | Net Cash |
| Q2 2026 | -1.0x | Net Cash |
| Q1 2026 | -3.1x | Net Cash |
| Q4 2025 | 1.5x | Healthy |
| Q3 2025 | -3.4x | Net Cash |
| Q2 2025 | -3.7x | Net Cash |
| Q1 2025 | -4.1x | Net Cash |
| Q4 2024 | -2.1x | Net Cash |
HWBK has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like HWBK.
GS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.5 | Neutral |
| Stochastic | 16.3 | Oversold |
GS's weekly RSI is 45 (neutral) and its Stochastic is 16 (oversold).
HWBK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.2 | Neutral |
| Stochastic | 71.1 | Neutral |
HWBK's weekly RSI is 57 (neutral) and its Stochastic is 71 (neutral).
GS PE vs Financial Services Sector
| Metric | GS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.8% above |
| PE % | 46 | 63 | 17 pts below |
GS is trading at 13x earnings, in line with the Financial Services sector's median of 13x, though its earnings don't support one.
HWBK PE vs Financial Services Sector
| Metric | HWBK | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 13x | 20% below |
| PE % | 62 | 63 | 1 pt below |
HWBK has the edge over GS on valuation relative to its sector.
GS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $895.5 | 2% above |
| 20 week MA | $977.4 | 6.5% below |
| 50 week MA | $945.4 | 3.4% below |
| 100 week MA | $804.5 | 14% above |
| 200 week MA | $602.7 | 52% above |
GS's trend is mixed: it's above three of its five weekly moving averages, and 52% above its 200-week average.
HWBK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $38.7 | 1.9% above |
| 20 week MA | $39.0 | 0.9% above |
| 50 week MA | $36.4 | 8.2% above |
| 100 week MA | $33.3 | 18% above |
| 200 week MA | $27.3 | 44% above |
HWBK has the edge over GS on trend strength, trading above more of its moving averages.
GS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $230.7 | $256.2 | +11% |
| 2021 | $256.2 | $385.0 | +50% |
| 2022 | $385.0 | $345.5 | -10% |
| 2023 | $345.5 | $385.8 | +12% |
| 2024 | $385.8 | $576.2 | +49% |
| 2025 | $576.2 | $907.0 | +57% |
| 2026 YTD | $907.0 | $913.6 | +0.7% |
GS has finished higher in five of the last six years, two of them by more than 50%. It's up 0.7% so far in 2026.
HWBK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.3 | $19.6 | -8.1% |
| 2021 | $19.6 | $23.1 | +18% |
| 2022 | $23.1 | $20.4 | -12% |
| 2023 | $20.4 | $25.4 | +25% |
| 2024 | $25.4 | $28.3 | +12% |
| 2025 | $28.3 | $32.2 | +14% |
| 2026 YTD | $32.2 | $39.4 | +22% |
HWBK has the edge over GS on returns for 2026, with the stronger performance.