NORWOOD FINANCIAL CORP (NWFL) Form 8-K — Oct 27, 2026
Norwood Financial Corp (NWFL) reported record third quarter 2026 net income of $11.8 million, with diluted EPS of $1.08 versus $0.89 a year ago, up roughly 21% year-over-year. Net interest income hit a record $28.0 million (up 37% YoY) and net interest margin expanded 38 bps to 4.01%, aided by the Presence Bank acquisition and one-time benefit from resolving a borrower bankruptcy. Management resolved the previously disclosed Chapter 11 borrower situation with a favorable outcome — a loan was purchased by a new entity with all past due interest paid — though $7.1 million of related exposure remains.
Key figures
- Eps
- 1.08
- Revenue
- $28.0 million net interest income (Q3 2026)
- Net Income
- 11763000
- Total Debt
- $118.9 million borrowings
- Total Assets
- 2951557000
- Cash Position
- 72524000
- Shares Outstanding
- 11,184,631 shares issued
- Ppnr
- $15.4 million
- Acl to loans
- 1.10%
- Total deposits
- $2.509 billion (+17.3% YoY)
- Loans receivable
- $2.294 billion (+20.9% YoY)
- Net interest margin
- 4.01%
- Yoy net income change
- +$3.4 million from $8.3 million
- Yoy diluted eps change
- +$0.19 from $0.89
- Return on average assets
- 1.60%
- Nonperforming loans ratio
- 0.73%
- Return on tangible equity
- 18.51%
- Remaining bankruptcy exposure
- $7.1 million
- Tangible book value per share
- $22.35
- Net interest margin prior year
- 3.63%
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.