Norwood Financial Corp Announces Cash Dividend

Rhea-AI Summary

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.

Positive

• Increased quarterly dividend by $0.01 compared to Q2 2024
• Strong financial metrics with $2.376 billion in total assets
• Solid loan portfolio of $1.750 billion and deposits of $2.004 billion
• Robust capital position of $221 million

Negative

• None.

HONESDALE, Pa., June 18, 2025 (GLOBE NEWSWIRE) -- James O. Donnelly, President and Chief Executive Officer of Norwood Financial Corp (NASDAQ Global Market - NWFL) and its subsidiary Wayne Bank, announced that the Board of Directors has declared a $0.31 per share cash dividend, which is payable on August 1, 2025, to stockholders of record as of July 15, 2025. The $0.31 per share is a $0.01 increase over the per share dividend declared in the second quarter of 2024.

Mr. Donnelly commented, “The Board is extremely pleased to provide our shareholders with this quarterly dividend. It reflects the Company’s financial strength and strong capital position which has contributed to our solid performance.”

Norwood Financial Corp, through its subsidiary, Wayne Bank operates fifteen offices in Northeastern Pennsylvania and fourteen offices in Delaware, Sullivan, Ontario, Otsego and Yates Counties, New York. As of March 31, 2025, Norwood had total assets of $2.376 billion, loans outstanding of $1.750 billion, total deposits of $2.004 billion and total capital of $221 million. The Company’s stock is traded on the Nasdaq Global Market under the symbol “NWFL”.

Forward-Looking Statements.
Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time. The Company does not undertake and specifically disclaims any obligation to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.

CONTACT:	John M. McCaffery
	Executive Vice President and Chief Financial Officer
	NORWOOD FINANCIAL CORP
	(272) 304-3003
	www.waynebank.com

FAQ

What is NWFL's new dividend amount and when is it payable?

Norwood Financial Corp's new dividend is $0.31 per share, payable on August 1, 2025, to stockholders of record as of July 15, 2025.

How much did NWFL increase its dividend compared to Q2 2024?

NWFL increased its dividend by $0.01 per share compared to the dividend declared in the second quarter of 2024.

What are Norwood Financial's (NWFL) key financial metrics as of March 2025?

As of March 31, 2025, Norwood had total assets of $2.376 billion, loans of $1.750 billion, deposits of $2.004 billion, and total capital of $221 million.

How many branches does Norwood Financial Corp operate?

Norwood Financial Corp operates 29 offices total, with 15 in Northeastern Pennsylvania and 14 offices across Delaware, Sullivan, Ontario, Otsego and Yates Counties in New York.

What is the record date for NWFL's Q2 2025 dividend?

The record date for NWFL's dividend is July 15, 2025.