Recent Updates — NWFL
Norwood Financial Corp announced that its Board of Directors declared a quarterly cash dividend of $0.32 per share. The dividend is payable on November 2, 2026, to stockholders of record as of October 15, 2026. This amount remains consistent with the dividend declared in the second quarter of 2026. Norwood Financial Corp operates through its subsidiary Wayne Bank, which runs 33 community offices across Pennsylvania and New York counties, managing $2.9 billion in total assets.
Norwood Financial Corp released its Q2 2026 investor presentation on July 27, 2026, highlighting record net interest income of $26.8 million and record net income. The company reported adjusted diluted earnings per share of $0.86, a 25% increase year-over-year. Key financial metrics include a net interest margin of 3.90% and an adjusted return on average assets of 1.29%. The presentation also detailed the successful integration of Presence Bank, which closed in January 2026, and outlined a strategic goal to achieve 6% asset growth through organic expansion and M&A. Norwood Financial Corp is a regional bank providing community banking services.
Norwood Financial Corp reported record second quarter 2026 net income of $9.3 million and net interest income of $26.8 million, with diluted earnings per share of $0.86. The company successfully completed the integration of Presence Bancshares, including core system conversion and brand convergence. Total assets grew to $2.908 billion, while tangible book value per share increased to $22.97. The company recorded approximately $1.4 million in net charge-offs, including $729 thousand related to a Chapter 11 bankruptcy filing by a borrower. Norwood Financial Corp is a financial holding company that operates Wayne Bank, providing community banking services.
Norwood Financial Corp announced on June 18, 2026, that its Board of Directors declared a quarterly cash dividend of $0.32 per share, which is payable on August 3, 2026, to stockholders of record as of July 15, 2026. Norwood Financial Corp is a financial services company providing banking services.
Norwood Financial Corp's bank subsidiary, Wayne Bank, is facing potential credit loss exposure from two customers filing for Chapter 11 bankruptcy in June 2026. The Bank holds five loans to four corporate entities controlled by these Borrowers totaling $22.0 million, which is the Bank's participation interest in a total credit of $29.0 million. The Company anticipates providing further details regarding the lending relationship and loss exposure analysis in its second quarter earnings release on or about July 22, 2026. Norwood Financial Corp is a financial services company providing banking services through its subsidiary.