Norwood Finl Stock Price, News & Analysis

Norwood Financial Corp (NASDAQ:NWFL) announced significant leadership changes in its Board of Directors. Lewis J. Critelli has retired as Chairman of the Board effective September 16, 2025, following a distinguished 40-year banking career. Dr. Andrew A. Forte, current Vice Chairman, has been appointed as the new Chairman, while Kevin Lamont becomes Vice Chairman.

The company also welcomed two new board members: Dr. Marissa Nacinovich, a respected dentist and community leader, and James Shook, an accomplished entrepreneur and Wayne County Commissioner. Critelli, who retired as President and CEO in 2022, led the company through three successful acquisitions and market expansions in Pennsylvania and Upstate New York.

Norwood Financial Corp (NASDAQ:NWFL) reported strong Q2 2025 financial results, with net income of $6.2 million, up $2.0 million from Q2 2024. The company achieved a fully diluted EPS of $0.67, representing a 29% increase year-over-year.

Key performance metrics showed significant improvement, with return on assets rising to 1.06% and net interest margin increasing to 3.43%. Total assets reached $2.365 billion, up 5.82% year-over-year, while loans grew 9.1% to $1.791 billion and deposits increased 10.3% to $1.997 billion.

The bank's efficiency ratio improved to 58.7% from 66.7% in Q2 2024, and tangible book value per share increased from $19.85 to $21.17 during the first half of 2025.

Norwood Financial Corp (NASDAQ: NWFL) has announced a strategic merger with PB Bankshares, Inc. (NASDAQ: PBBK) in a transaction valued at approximately $54.9 million. The merger will combine Norwood's Wayne Bank with Presence Bank, creating a $3.0 billion-asset premier Pennsylvania community bank with expanded operations in Northeastern, Central, and Southeastern Pennsylvania.

Under the agreement, 80% of Presence shares will be converted to Norwood stock at a ratio of 0.7850 shares, while 20% will be exchanged for $19.75 in cash per share. The merger is expected to be 10% accretive to earnings per share in 2026, with a tangible book value earn-back period of 2.5 years. The transaction is anticipated to close in late Q4 2025 or early Q1 2026, subject to regulatory and shareholder approvals.

Norwood Financial Corp (NWFL) has declared a quarterly cash dividend of $0.31 per share, payable on August 1, 2025, to stockholders of record as of July 15, 2025. This represents a $0.01 increase from the dividend declared in Q2 2024. The company, operating through Wayne Bank, maintains 29 offices across Northeastern Pennsylvania and New York. As of March 31, 2025, Norwood reported total assets of $2.376 billion, loans of $1.750 billion, deposits of $2.004 billion, and total capital of $221 million. President and CEO James O. Donnelly attributed the dividend increase to the company's strong financial position and solid performance.

Norwood Financial Corp (NWFL) reported strong Q1 2025 results with fully diluted EPS of $0.63, marking a 14.5% increase from Q1 2024. The company achieved notable improvements in key metrics, including:

- Net income of $5.8 million, up $1.3 million year-over-year
- Net interest margin increased to 3.30% from 2.80% in Q1 2024
- Return on assets exceeded 1.00%
- Loans grew at a 13.5% annualized rate in Q1
- Total assets reached $2.376 billion, up 5.07% year-over-year
- Total deposits increased 9.00% to $2.004 billion

The company's portfolio repositioning in December 2024 has improved capital position and earnings performance, while efficiency ratio improved to 59.7% from 70.6% in Q1 2024. Tangible Book Value per share increased from $19.85 to $20.66 during the quarter.

Norwood Financial Corp (NASDAQ: NWFL) has declared a quarterly cash dividend of $0.31 per share, payable on May 1, 2025, to stockholders of record as of April 15, 2025. This represents a $0.01 increase from the first quarter of 2024 dividend.

The company, operating through its subsidiary Wayne Bank, maintains 15 offices in Northeastern Pennsylvania and 14 offices across Delaware, Sullivan, Ontario, Otsego, and Yates Counties, New York. As of December 31, 2024, Norwood reported:

• Total assets: $2.317 billion
• Outstanding loans: $1.693 billion
• Total deposits: $1.859 billion
• Total capital: $214 million

Norwood Financial Corp (Nasdaq: NWFL) announced that Susan Campfield will retire from the Board of Directors of both Norwood Financial Corp and Wayne Bank, effective February 18, 2025. Campfield has served on the board for 19 years since 2006, bringing valuable expertise from her 33-year tenure as President and CEO of Gumble Brothers, Inc., a Pennsylvania-based building material supplier.

During her directorship, Campfield contributed significant knowledge of the local construction market and business opportunities. Wayne Bank, a subsidiary of Norwood Financial Corp, operates thirty offices throughout Northeastern Pennsylvania and Upstate New York, including locations under the Bank of Cooperstown and Bank of the Finger Lakes brands.

Norwood Financial Corp (NWFL) reported Q4 and full-year 2024 results, highlighting a strategic capital raise and investment portfolio repositioning. The company incurred a one-time $20 million loss from securities sales, resulting in a Q4 net loss of $12.7 million and full-year net loss of $160,000 (-$0.02 per diluted share), compared to net income of $16.8 million ($2.07 per diluted share) in 2023.

Key metrics include: net interest margin increased to 3.04% in Q4 2024 (vs 2.93% in Q4 2023), loans grew at 9% annualized rate in Q4, and total assets reached $2.317 billion. The company's adjusted Q4 net income (excluding the one-time loss) was $3.119 million, with adjusted EPS of $0.38. Tangible Common Equity improved to 8.05% from 6.98% year-over-year.

Norwood Financial Corp (NASDAQ: NWFL) has issued a correction regarding its fourth quarter cash dividend payment date. The payment will occur on February 3, 2025, instead of February 1, 2025, as previously announced. The record date remains January 15, 2025.

The company operates through Wayne Bank with 15 offices in Northeastern Pennsylvania and 14 offices across Delaware, Sullivan, Ontario, Otsego, and Yates Counties, New York. As of September 30, 2024, Norwood reported $2.3 billion in total assets, $1.7 billion in loans, $1.9 billion in deposits, and $196 million in total capital.