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NWFL

Norwood Financial Corp.

NWFL

Norwood Financial Corp. • NASDAQ
$28.66 ▲ 0.74% (+0.21)
Market Cap $265.51 M
52w High $31.04
52w Low $21.25
Dividend Yield 1.24%
P/E 44.09
Volume 14.68K
Outstanding Shares 9.26M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $34.697M ▲ $12.934M ▲ $8.334M ▲ 24.019% ▲ $0.89 ▲ $10.905M ▲
Q2-2025 $33.454M ▲ $12.531M ▲ $6.205M ▲ 18.548% ▲ $0.67 ▲ $8.189M ▲
Q1-2025 $32.435M ▲ $12.064M ▼ $5.773M ▲ 17.799% ▲ $0.63 ▲ $7.618M ▲
Q4-2024 $11.826M ▼ $13.419M ▲ $-12.651M ▼ -106.976% ▼ $-1.54 ▼ $-15.729M ▼
Q3-2024 $30.782M $12.031M $3.844M 12.488% $0.48 $5.201M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $215.917M ▼ $2.412B ▲ $2.177B ▲ $234.905M ▲
Q2-2025 $350.62M ▼ $2.365B ▼ $2.14B ▼ $225.425M ▲
Q1-2025 $378.942M ▼ $2.376B ▲ $2.155B ▲ $220.707M ▲
Q4-2024 $470.185M ▼ $2.317B ▲ $2.104B ▲ $213.508M ▲
Q3-2024 $479.771M $2.28B $2.084B $195.654M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $8.335M ▲ $9.339M ▲ $-21.151M ▼ $33.497M ▲ $21.685M ▲ $11.948M ▲
Q2-2025 $6.205M ▲ $6.755M ▼ $-12.892M ▲ $-16.225M ▼ $-22.362M ▼ $5.078M ▼
Q1-2025 $5.773M ▲ $9.098M ▲ $-51.819M ▲ $45.789M ▼ $3.068M ▲ $8.166M ▲
Q4-2024 $-12.651M ▼ $4.806M ▲ $-62.547M ▼ $47.2M ▲ $-10.541M ▼ $3.339M ▼
Q3-2024 $3.845M $4.645M $-19.9M $28.74M $13.485M $4.072M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Atm Fees
Atm Fees
 $0 ▲$0 ▲$0 ▲$0 ▲
Commissions On Mutual Funds And Annuities
Commissions On Mutual Funds And Annuities
 $0 ▲$0 ▲$0 ▲$0 ▲
Debit Card
Debit Card
 $0 ▲$0 ▲$0 ▲$0 ▲
Deposit Account
Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Fiduciary Activities
Fiduciary Activities
 $0 ▲$0 ▲$0 ▲$0 ▲
Financial Service Other
Financial Service Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Loan Related Service Fees
Loan Related Service Fees
 $0 ▲$0 ▲$0 ▲$0 ▲
Overdraft Fees
Overdraft Fees
 $0 ▲$0 ▲$0 ▲$0 ▲
Safe Deposit Box Rental
Safe Deposit Box Rental
 $0 ▲$0 ▲$0 ▲$0 ▲
Gains On Sales Of Other Real Estate Owned
Gains On Sales Of Other Real Estate Owned
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has generally trended upward over the past five years, which is a positive sign for the core banking franchise. Profitability, however, has been much less stable. Earnings improved meaningfully through 2022, then compressed and slipped to roughly break-even or a small loss in the most recent year. That shift suggests rising funding costs, credit costs, or one-time items are putting pressure on margins. Overall, the bank appears to be growing its business but currently earning much less on each dollar of revenue than it did a few years ago.

Balance Sheet

Balance Sheet The balance sheet shows steady growth in total assets, indicating gradual expansion of the loan book and customer relationships. Cash levels have moved around but remain reasonable for a community bank, while borrowings have increased compared with earlier years, pointing to somewhat higher leverage. Shareholders’ equity has grown over time, which supports lending capacity and provides a cushion against shocks. The picture is of a modestly growing bank with a stronger capital base than in the past, but relying more on debt funding than before.

Cash Flow

Cash Flow Cash generation from the core business has been consistently positive, even as reported earnings weakened recently. Operating and free cash flow have moved in a fairly narrow range, which signals that the underlying banking activities still produce dependable cash. Capital spending has been modest, so most cash generated is not being absorbed by heavy investment in physical assets. The main watchpoint is whether the gap between solid cash flow and softer accounting profits is temporary or becomes a longer-term pattern.

Competitive Edge

Competitive Edge Norwood operates as a classic community bank, leaning heavily on deep local relationships, personalized service, and long-standing trust in its core markets. It offers a wide menu of services more typical of a larger bank—such as wealth management and treasury services—while keeping decision-making local. This combination provides a real edge with relationship-focused customers. On the other hand, it competes against much larger regional and national banks with stronger brands and more advanced technology, as well as digital-only players. Its expanding footprint via acquisition opens new opportunities, but also puts it up against tougher competition in faster-growing markets.

Innovation and R&D

Innovation and R&D Innovation here is mostly about improving digital banking and modernizing the customer experience rather than classic R&D. The bank has rolled out standard online and mobile tools, business cash management features, and digital wallet compatibility, which bring it in line with what customers expect today. The new “Every Day Better” branding and the planned integration of the PB Bankshares acquisition signal a push to combine technology upgrades with a refreshed, service-driven identity. Norwood is not a technology leader, but it is clearly investing enough to stay relevant and support its relationship model. The key uncertainty is how quickly and smoothly it can enhance these digital offerings while merging new operations.

Summary

Norwood Financial looks like a traditional community bank that has grown steadily in size and relationships, with a clear emphasis on local service and an expanding product set. Revenues have improved over time, but profitability has recently softened to about break-even, raising questions about margin pressure and one-off costs. The balance sheet appears sound, with rising assets and equity, offset by somewhat higher use of debt. Cash flows from operations remain solid and stable, which is a reassuring underpinning. Strategically, the bank’s community focus, broader service lineup, and recent acquisition give it room to grow, especially in new markets, but also introduce execution and integration risks. Overall, the story is of a relationship-driven bank trying to modernize and scale carefully while managing near-term profitability headwinds.

NEWS

October 14, 2025 · 1:17 PM UTC

PB Bankshares Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PB Bankshares, Inc. - PBBK

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October 10, 2025 · 4:15 PM UTC

Norwood Financial Corp Announces Timing of Third Quarter 2025 Earnings Release and Conference Call

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September 17, 2025 · 8:15 AM UTC

Norwood Financial Corp Announces Cash Dividend

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