Norwood Financial Corp
NASDAQ:NWFL
Norwood Financial Corp
Norwood Financial Corp. is a bank holding company, which offers financial services and traditional banking to individual, business and government customers. The company is headquartered in Honesdale, Pennsylvania and currently employs 263 full-time employees. The Bank is a registered bank and trust company. The Bank is an independent community bank with over 14 offices in Northeastern Pennsylvania and approximately 16 offices in Delaware, Sullivan, Ontario, Otsego and Yates Counties, New York. The Bank offers a range of personal and business credit services, trust and investment products, and real estate settlement services to the consumers, businesses, nonprofit organizations and municipalities in each of the communities that the Bank serves. The Bank primarily serves the northeastern Pennsylvania counties of Wayne, Pike, Monroe, Lackawanna and Luzerne, as well as the Susquehanna County. In addition, the Bank operates approximately 31 automated teller machines. The Bank operates a Wealth Management/Trust Department, which provides estate planning, investment management and financial planning to customers.
Norwood Financial Corp. is a bank holding company, which offers financial services and traditional banking to individual, business and government customers. The company is headquartered in Honesdale, Pennsylvania and currently employs 263 full-time employees. The Bank is a registered bank and trust company. The Bank is an independent community bank with over 14 offices in Northeastern Pennsylvania and approximately 16 offices in Delaware, Sullivan, Ontario, Otsego and Yates Counties, New York. The Bank offers a range of personal and business credit services, trust and investment products, and real estate settlement services to the consumers, businesses, nonprofit organizations and municipalities in each of the communities that the Bank serves. The Bank primarily serves the northeastern Pennsylvania counties of Wayne, Pike, Monroe, Lackawanna and Luzerne, as well as the Susquehanna County. In addition, the Bank operates approximately 31 automated teller machines. The Bank operates a Wealth Management/Trust Department, which provides estate planning, investment management and financial planning to customers.
Strong Growth: Net interest income rose 62% year-over-year in Q4 2025, and net income and earnings per share more than doubled on an adjusted basis.
Margin Expansion: The company expanded its net interest spread by 62 basis points, although the margin fell by 3 basis points quarter-over-quarter due to loan growth and seasonal deposit outflows.
Major Acquisition: Closed the Presence Bank acquisition in early 2026, adding 20% to the asset base and expanding presence in key Pennsylvania markets.
Operational Efficiency: Integration includes adopting advanced AI tools from Presence Bank to boost underwriting speed and customer experience.
Improved Asset Quality: Credit metrics strengthened, with a decline in nonperforming loans as a percentage of total loans and higher reserves.
Expense Management: Quarterly expenses rose 5% sequentially due to factors like lower loan volume deferrals and increased incentive accruals, but were only up 1.5% year-over-year.
