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Norwood Financial Corp. - NWFL STOCK NEWS

Welcome to our dedicated news page for Norwood Financial (Ticker: NWFL), a resource for investors and traders seeking the latest updates and insights on Norwood Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Norwood Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Norwood Financial's position in the market.

News
Norwood Financial Corp Announces First Quarter 2024 Earnings
Rhea-AI Summary
Norwood Financial Corp announced net income of $4,433,000 for the first quarter of 2024, a decrease from the previous year due to lower net interest income and increased expenses. Earnings per share were $0.55, with a return on average assets of 0.80% and a return on average equity of 9.79%. Total assets increased to $2.260 billion. Loans receivable were $1.621 billion, total deposits were $1.839 billion, and total stockholders’ equity was $181.2 million as of March 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
earnings
-
News
Norwood Financial Corp Announces Cash Dividend
Rhea-AI Summary
Norwood Financial Corp (NWFL) announces a $0.30 per share quarterly cash dividend, marking a 3.5% increase from the previous year. The company, with total assets of $2.201 billion, operates multiple offices in Pennsylvania and New York, showcasing strong financial performance and capital position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.37%
Tags
dividends
-
News
Joseph W. Adams Joins Wayne Bank as Senior Vice President
Rhea-AI Summary
Wayne Bank appoints Joseph W. Adams as Senior VP and Director of Wealth Management and Investment Services, bringing 39 years of financial management experience. Adams to lead Wealth Management and Trust Services department, continuing his tenure from Norwood Financial Corp. Adams holds various leadership roles and community involvement, contributing to local organizations. Wayne Bank, a subsidiary of Norwood Financial Corp, operates in multiple counties in Pennsylvania and New York.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.59%
Tags
none
News
Norwood Financial Corp Announces Earnings for the Fourth Quarter and 2023 Fiscal Year
Rhea-AI Summary
Norwood Financial Corp (NWFL) announced a decrease in net income for the three months and year ended December 31, 2023, compared to the same periods in 2022. The decrease was primarily due to a decrease in net interest income and an increase in the provision for credit losses. Earnings per share (fully diluted) were $0.04 and $0.88 for the three-month periods ended December 31, 2023 and 2022, respectively. For the year ended December 31, 2023, earnings per share on a fully diluted basis were $2.07, compared to $3.58 for the year ended December 31, 2022. The return on average assets was 0.79%, and the return on average equity was 9.67% for the year ended December 31, 2023, compared to 1.43% and 16.11%, respectively, for the year ended December 31, 2022. Total assets were $2.201 billion as of December 31, 2023. Loans receivable were $1.604 billion, total deposits were $1.795 billion, and stockholders’ equity was $181.1 million as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.01%
Tags
earnings
-
News
Norwood Financial Corp Increases Cash Dividend
Rhea-AI Summary
Norwood Financial Corp (NWFL) declared a $0.30 per share quarterly dividend, representing a 3.5% increase over the previous quarter. The company's total cash dividends declared in 2023 were $1.17 per share, compared to $1.13 per share in 2022. The Board of Directors is pleased with the increase, reflecting the company's financial strength and solid performance. Norwood Financial Corp operates offices in Northeastern Pennsylvania and New York, with total assets of $2.180 billion as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.54%
Tags
dividends
-
News
Norwood Financial Corp Announces Third Quarter Earnings
Rhea-AI Summary
Norwood Financial Corp (Nasdaq Global Market-NWFL) reported earnings for the three months ended September 30, 2023 of $4,119,000, a decrease of $3,990,000 compared to the same period in 2022. Earnings per share (fully diluted) were $0.51, a decrease from $1.00 in the previous year. Net income for the nine months ended September 30, 2023, totaled $16,405,000, $5,688,000 lower than the same period in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.89%
Tags
earnings
News
Norwood Financial Corp Announces Cash Dividend
Rhea-AI Summary
Norwood Financial Corp declares $.29 per share cash dividend, a 3.6% increase over last year. Company's stock traded on Nasdaq Global Market under symbol 'NWFL'. Total assets of $2.142 billion, loans outstanding of $1.578 billion, total deposits of $1.732 billion, and total capital of $173.4 million as of June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
dividends
-
News
Wayne Bank Ranks Amongst Top Banks in Country
Rhea-AI Summary
Wayne Bank ranked as one of the top 25 best banks in the country by Bank Director magazine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.06%
Tags
none
-
News
Norwood Financial Corp Announces Second Quarter Earnings
Rhea-AI Summary
Norwood Financial Corp announces earnings for Q2 2023, with a decrease in net interest income and total other income. Earnings per share were $0.81, compared to $0.84 in the same period last year. The annualized return on average assets was 1.23%, and the annualized return on average tangible equity was 17.66%. Net income for the six months ended June 30, 2023, was $12,285,000, $1,698,000 lower than the same period in 2022. Total assets were $2.142 billion, compared to $2.066 billion in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
earnings
News
Norwood Financial Corp Rejoins Russell 3000® Index
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
none
Stock NWFL logo
Norwood Financial Corp.

Nasdaq:NWFL

NWFL Rankings

#3767 Ranked by Market Cap
#2819 Ranked by Stock Gains
#640 Ranked by Dividends

NWFL Stock Data

192.62M
7.22M
9.53%
28.6%
0.84%
Commercial Banking
Finance and Insurance
Link
United States
Honesdale

About NWFL

founded in 1871 in honesdale, pa, wayne bank now has 26 community offices serving wayne, pike, monroe, and lackawanna counties in pennsylvania, along with delaware and sullivan counties in new york state. wayne bank is a subsidiary of norwood financial corp., member fdic. the stock trades on the nasdaq global market under the symbol— nwfl.