---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-103920"
form_type: "8-K"
ticker: "NWFL"
cik: "0001013272"
company_name: "NORWOOD FINANCIAL CORP"
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T13:22:57.553857+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Norwood Financial Q1 net income falls 23% to $4.4M; EPS $0.55 vs $0.71

## Summary
- Net income of $4.4M, down 23% YoY; diluted EPS $0.55 vs $0.71.
- Net interest income (fte) fell to $14.9M from $16.3M; spread narrowed to 2.07% from 2.83%.
- Total assets grew to $2.260B; loans annualized growth 4.5%, deposits 9.8%.
- Provision for credit losses decreased $924,000 on lower NPLs and charge-offs.
- CEO cites pressure on net interest income from rising deposit costs; capital remains well-capitalized.

## SEC filing metadata
- accession: 0001193125-24-103920
- form_type: 8-K
- ticker: NWFL
- cik: 0001013272
- company_name: NORWOOD FINANCIAL CORP
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013272/000119312524103920/0001193125-24-103920-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013272/000119312524103920/d811572d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-103920
- JSON: https://secwatch.observer/filing/0001193125-24-103920.json
- Plain text: https://secwatch.observer/filing/0001193125-24-103920.txt

## Key facts
- Earnings Releases
  NORWOOD FINANCIAL CORP reported three months ended March 31, 2024 results: net income $4,433,000, EPS $0.55.
  - Period: three months ended March 31, 2024
  - Net income: $4,433,000
  - EPS: $0.55
  - Result: reported results
  source text: Norwood Financial Corp (the “Company”) issued a press release announcing its earnings for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013272/000119312524103920/0001193125-24-103920-index.htm

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