---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-016954"
form_type: "8-K"
ticker: "NWFL"
cik: "0001013272"
company_name: "NORWOOD FINANCIAL CORP"
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:00:03.703344+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Norwood Financial posts FY 2022 net income $29.2M, EPS $3.58; dividend up 3.6%

## Summary
- Full-year net income $29,233K vs $24,915K in 2021 (17% increase); diluted EPS $3.58 vs $3.05.
- Q4 net income $7,140K vs $6,638K; diluted EPS $0.88 vs $0.81.
- Total assets $2.047B; loans grew 8.8% to $1.474B; deposits $1.728B.
- Return on average assets 1.43%, return on average equity 16.11% for 2022.
- Quarterly cash dividend raised to $0.29/share, up 3.6% from prior year.

## SEC filing metadata
- accession: 0001193125-23-016954
- form_type: 8-K
- ticker: NWFL
- cik: 0001013272
- company_name: NORWOOD FINANCIAL CORP
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013272/000119312523016954/0001193125-23-016954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013272/000119312523016954/d437859d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-016954
- JSON: https://secwatch.observer/filing/0001193125-23-016954.json
- Plain text: https://secwatch.observer/filing/0001193125-23-016954.txt

## Key facts
- Earnings Releases
  NORWOOD FINANCIAL CORP reported three months ended December 31, 2022 results: net income $7,140,000, EPS $0.88.
  - Period: three months ended December 31, 2022
  - Net income: $7,140,000
  - EPS: $0.88
  - Result: reported results
  source text: announced net income for the three months ended December 31, 2022 of $7,140,000 compared to the net income of $6,638,000 earned in the three months ended December 31, 2021. The increase in net income was due primarily to a $736,000 increase in net interest income. For the year ended December 31, 2022, net income totaled $29,233,000, an increase of $4,318,000 from net income of $24,915,000 earned in year ended December 31, 2021. The increase includes a $3,084,000 increase in net interest income and a $3,300,000 reduction in the provision for loan losses. Earnings per share (fully diluted) were $0.88 and $0.81 for the three-month periods ended December 31, 2022 and 2021, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013272/000119312523016954/0001193125-23-016954-index.htm
- Earnings Releases
  NORWOOD FINANCIAL CORP reported year ended December 31, 2022 results: net income $29,233,000, EPS $3.58.
  - Period: year ended December 31, 2022
  - Net income: $29,233,000
  - EPS: $3.58
  - Result: reported results
  source text: For the year ended December 31, 2022, net income totaled $29,233,000, an increase of $4,318,000 from net income of $24,915,000 earned in year ended December 31, 2021. The increase includes a $3,084,000 increase in net interest income and a $3,300,000 reduction in the provision for loan losses. Earnings per share (fully diluted) were $0.88 and $0.81 for the three-month periods ended December 31, 2022 and 2021, respectively. For the year ended December 31, 2022, earnings per share on a fully diluted basis were $3.58, compared to $3.05 for the year ended December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013272/000119312523016954/0001193125-23-016954-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.