Welcome to our dedicated page for Norwood Finl news (Ticker: NWFL), a resource for investors and traders seeking the latest updates and insights on Norwood Finl stock.
Norwood Financial Corp (NASDAQ: NWFL) generates a steady flow of news through its role as a regional bank holding company and parent of Wayne Bank. Company press releases and SEC filings show that Norwood regularly announces quarterly and year-to-date financial results, dividend declarations, merger developments and changes in board leadership, making its news feed a key resource for tracking developments at this community banking organization.
Investors following NWFL news can expect detailed earnings announcements covering net interest income, net interest margin, loan and deposit growth, efficiency ratio, and capital measures for periods such as the three and six months ended June 30, 2025 and the three and nine months ended September 30, 2025. Norwood typically pairs these releases with webcasts and conference calls, and it furnishes the related materials in current reports on Form 8-K.
Norwood’s news also highlights dividend actions, with press releases and Form 8-K filings describing quarterly cash dividends on its common stock, including the per-share amount, record date and payment date. These items provide insight into the company’s capital management and cash returns to shareholders. In addition, the company issues governance-related news, such as the retirement of its Chairman of the Board, the appointment of a new Chairman and Vice Chairman, and the addition of new directors to the boards of Norwood and Wayne Bank.
A significant stream of recent news concerns Norwood’s acquisition of PB Bankshares, Inc. and Presence Bank. The company and PB Bankshares jointly announced the merger agreement, described the transaction structure and expected ownership mix, reported receipt of final regulatory approvals, and later confirmed completion of the acquisition and the merger of Presence Bank into Wayne Bank. These updates explain how the transaction extends Norwood’s footprint into additional Pennsylvania counties and integrates PB Bankshares’ leadership into Norwood’s management and boards.
By reviewing NWFL news, readers can follow Norwood Financial’s financial performance, dividend history, strategic expansion through mergers, and board-level changes, all based on information the company has publicly released through press announcements and SEC-referenced communications.
Norwood Financial Corp (Nasdaq: NWFL) reported net income of $5.78 million for Q1 2023, a decrease of $1.35 million from Q1 2022. This decline is primarily attributed to a $1.43 million decrease in other income. Earnings per share were $0.71, down from $0.87 a year earlier. The annualized return on average assets was 1.13% and on average equity was 13.61%, both lower compared to 1.39% and 14.22% in the previous year. Total assets grew to $2.104 billion, with loans of $1.536 billion and deposits of $1.756 billion. The net interest income slightly decreased to $16.28 million, with a narrower annualized net interest spread of 2.83%. Operating expenses rose 2.7% to $10.44 million, influenced by the new CECL accounting standard, which increased the allowance for credit losses by $2.22 million.
Norwood Financial Corp (NASDAQ - NWFL) announced a quarterly cash dividend of $0.29 per share, payable on May 1, 2023, to shareholders of record as of April 14, 2023. This dividend marks a 3.6% increase from the same period last year. CEO James O. Donnelly emphasized the dividend reflects the company’s financial strength and solid performance. As of December 31, 2022, Norwood reported total assets of $2.047 billion, loans of $1.474 billion, and total deposits of $1.728 billion, maintaining strong capital position.
Norwood Financial Corp (NWFL) reported net income of $7.14 million for Q4 2022, up from $6.64 million in Q4 2021, driven by a $736,000 rise in net interest income. For the full year 2022, net income reached $29.23 million, an increase of $4.32 million compared to $24.92 million in 2021, with earnings per share (EPS) rising to $3.58 from $3.05. Total assets were $2.047 billion, and loans receivable rose by $119 million. A decrease in stockholders' equity by $38.2 million is attributed to lower securities value due to rising interest rates. Other expenses increased 6.3% year-over-year.
Norwood Financial Corp (NASDAQ: NWFL) announced a quarterly dividend of $0.29 per share, marking a 3.6% increase from the previous quarter's dividend. This dividend, payable on February 1, 2023, will benefit shareholders of record as of January 13, 2023. In 2022, total cash dividends declared reached $1.13 per share, higher than $1.06 in 2021, reflecting the company's strong financial performance. Notably, 2022 celebrates the thirty-first consecutive year of dividend increases for Norwood.
Norwood Financial Corp. (NWFL) reported third-quarter earnings of $8,109,000, a 16.2% increase from $6,981,000 in 2021, driven by a $1.2 million rise in net interest income and a $750,000 drop in loan loss provisions. Earnings per share rose to $1.00 from $0.85. For the first nine months, net income reached $22,093,000, up 20.9%, with a 3.74% net interest margin for Q3. Total assets were $2.019 billion.
Mr. Donnelly highlighted improved credit metrics and strong performance indicators, supporting future growth prospects.
Norwood Financial Corp (NASDAQ - NWFL) announced a quarterly cash dividend of $0.28 per share, payable on November 1, 2022 to shareholders of record by October 14, 2022. This dividend remains consistent with the previous quarter, marking a 7.7% increase from the same quarter in 2021. President James O. Donnelly emphasized that the dividend reflects the company’s financial strength and strong capital position, supported by total assets of $2.066 billion and total capital of $173.8 million as of June 30, 2022.
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Norwood Financial Corp (NWFL) reported a 19.1% increase in earnings for Q2 2022, totaling $6,855,000, boosted by a $841,000 increase in net interest income and a $1,200,000 decrease in loan loss provisions. Earnings per share rose to $0.84, up from $0.70 year-over-year. For H1 2022, net income reached $13,983,000, a $2,687,000 increase from 2021. Total assets were $2.066 billion, with an annualized return on average assets at 1.37%.
Norwood Financial Corp (NWFL) announced a cash dividend of $.28 per share, payable on August 1, 2022, to shareholders of record by July 15, 2022. This dividend remains consistent with the previous quarter's payout but marks a 7.7% increase from the same period in 2021. CEO James O. Donnelly expressed confidence in the company's financial strength and capital position as contributing factors to this decision. As of March 31, 2022, Norwood's total assets were $2.078 billion, with loans of $1.372 billion and deposits totaling $1.782 billion.
Norwood Financial Corp (NASDAQ: NWFL) announced the appointment of Lewis J. Critelli as Chairman of the Board, effective May 9, 2022. Critelli, who will retire as President and CEO after over 40 years in banking, has led the company since 2010, overseeing three acquisitions and significant asset growth from $529 million to over $2.1 billion.
Critelli's community involvement includes various leadership roles with local organizations. The company operates 14 offices in Pennsylvania and 16 in New York.