Earnings summaries and quarterly performance for NORWOOD FINANCIAL.
Executive leadership at NORWOOD FINANCIAL.
James O. Donnelly
Detailed
President and Chief Executive Officer
CEO
John F. Carmody
Detailed
Executive Vice President and Chief Credit Officer
John M. McCaffery
Detailed
Executive Vice President, Chief Financial Officer and Secretary
Vincent G. O’Bell
Detailed
Executive Vice President and Chief Lending Officer
Board of directors at NORWOOD FINANCIAL.
Alexandra K. Nolan
Detailed
Director
Dr. Andrew A. Forte
Detailed
Chairman of the Board
Dr. Kenneth A. Phillips
Detailed
Director
James Shook
Detailed
Director
Jeffrey S. Gifford
Detailed
Director
Kevin M. Lamont
Detailed
Vice Chairman of the Board
Marissa S. Nacinovich
Detailed
Director
Meg L. Hungerford
Detailed
Director
Ralph A. Matergia
Detailed
Director
Ronald R. Schmalzle
Detailed
Director
Research analysts who have asked questions during NORWOOD FINANCIAL earnings calls.
Recent press releases and 8-K filings for NWFL.
Norwood Financial Corp Announces Strong Q3 2025 Results and Acquisition Update
NWFL
Earnings
M&A
- Norwood Financial Corp reported diluted earnings per share of $0.89 for the third quarter of 2025, marking an 85% increase over the same period in 2024.
- The company's net interest margin (fte) rose 64 basis points year-over-year to 3.63%, and return on assets increased 72 basis points to 1.40% in Q3 2025.
- As of September 30, 2025, total assets reached $2.412 billion, an increase of 5.80% from September 30, 2024, while total deposits grew 11.8% to $2.074 billion.
- Loans grew at an annualized rate of 5.4% during the third quarter of 2025 and 7.3% year-to-date.
- The acquisition of Presence Bank was announced on July 7, 2025, with an expected closing in Q4 2025 or Q1 2026.
Oct 22, 2025, 1:10 PM
Norwood Financial Corp. Reports Strong Q3 2025 Results and Provides Merger Updates
NWFL
Earnings
M&A
Board Change
- Norwood Financial Corp. (NWFL) reported strong financial results for Q3 2025, with Net Interest Income increasing 28% to $20.5 million and Adjusted Net Income rising 56% to $8.8 million. Adjusted Diluted EPS also saw a significant increase of 96% to $0.94.
- The company is progressing with its proposed merger with PB Bankshares, Inc. (PBBK), having filed all required applications with regulatory authorities, which are currently pending approval. The Registration Statement on Form S-4 for the merger has been filed but not yet declared effective by the SEC.
- NWFL also announced the acquisition of Presence Bank on July 7, 2025, which is expected to close in Q4 2025 or Q1 2026.
- During Q3 2025, NWFL completed the leadership transition of its Board of Directors and added two new Directors to strengthen governance.
Oct 22, 2025, 1:00 PM
Norwood Financial Reports Strong Q3 2025 Results and Provides Merger Update
NWFL
Earnings
M&A
Board Change
- Norwood Financial delivered strong Q3 2025 results, with Net Interest Margin (NIM) increasing by 20 basis points on a linked quarter basis, contributing to a $1.4 million increase in net interest income. This performance benefited from a bond portfolio repositioning completed in December 2024.
- The company's unadjusted pre-provision net revenue (PPNR) grew 15% linked quarter, and noninterest income for the nine months ended September 30, 2025, increased 9% year-over-year. Credit metrics also continued to improve.
- All regulatory applications for the merger with Presence Bank have been filed and are pending, though the company does not anticipate a Q4 2025 closing.
- Management maintains a positive NIM outlook, aiming towards 4%, and expects to further reduce deposit costs with an estimated down-cycle beta of approximately 50%.
Oct 22, 2025, 1:00 PM
Norwood Financial Corp. Reports Strong Q3 2025 Results and Provides M&A Update
NWFL
Earnings
M&A
Board Change
- Norwood Financial Corp. delivered strong Q3 2025 results, including asset growth, margin expansion, and growth in loans and deposits, benefiting from a bond portfolio repositioning completed in December 2024.
- The company's net interest margin increased by 20 basis points on a linked-quarter basis, resulting in a $1.4 million increase in net interest income, and the NIM outlook is positive, with a goal to reach 4% from the current 3.63%.
- Non-interest income for the nine months ended September 30, 2025, increased 9% over the same period last year, driven by wealth management, trust services, and increased gains on loan sales.
- The merger with Presence Bank is pending regulatory approval, with an expected closing after Q4 2025 due to operational and accounting considerations.
- A leadership transition occurred on the board of directors, with Dr. Andrew Forte becoming Chairman and Kevin Lamont replacing him as Vice Chairman, and two new directors were added.
Oct 22, 2025, 1:00 PM
Norwood Financial Corp Announces Strong Third Quarter and Year-to-Date 2025 Results
NWFL
Earnings
Revenue Acceleration/Inflection
- Norwood Financial Corp reported fully diluted EPS of $0.89 for the third quarter of 2025, an 85% increase over the same period in 2024.
- Net income for the three months ended September 30, 2025, was $8.3 million, marking an increase of $4.5 million compared to the third quarter of 2024.
- The net interest margin for the third quarter of 2025 reached 3.63%, an increase of 64 basis points over the prior year and 20 basis points over the prior quarter.
- As of September 30, 2025, total assets grew 5.80% year-over-year to $2.412 billion, and total deposits increased 11.8% year-over-year to $2.074 billion.
- Loans grew at a 5.4% annualized rate during the third quarter and 7.3% annualized rate year-to-date.
Oct 22, 2025, 12:15 PM
Norwood Financial Corp Announces Board Leadership Changes, New Director Appointments, and Cash Dividend
NWFL
Board Change
Dividends
- Lewis J. Critelli retired as Chairman of the Board and Director of Norwood Financial Corp and its subsidiary Wayne Bank, effective September 16, 2025, and was appointed Chairman Emeritus.
- Dr. Andrew A. Forte was appointed Chairman of the Board, and Kevin Lamont was named Vice Chairman of the Board, effective September 16, 2025.
- James Shook and Marissa S. Nacinovich were appointed to the Boards of Directors of Norwood Financial Corp and Wayne Bank on September 16, 2025.
- The Board of Directors declared a $0.31 per share cash dividend, payable on November 3, 2025, to stockholders of record as of October 15, 2025. This represents a $0.01 increase over the per share dividend declared in the third quarter of 2024.
Sep 17, 2025, 7:04 PM
Quarterly earnings call transcripts for NORWOOD FINANCIAL.
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