---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-103217"
form_type: "8-K/A"
ticker: "NWFL"
cik: "0001013272"
company_name: "NORWOOD FINANCIAL CORP"
filed_at: "2026-03-12T23:59:59+00:00"
generated_at: "2026-05-15T12:50:20.292669+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Norwood Financial closes PB Bankshares acquisition for $58.3M; pro forma EPS $2.08 for 9M 2025

## Summary
- Acquisition closed Jan 5, 2026; 80% stock (0.7850x NWFL shares) and 20% cash ($19.75/sh) consideration.
- Total purchase price ~$58.3M; goodwill of $13.0M recorded; pro forma total assets $2.87B.
- Pro forma net income for 9M ended Sep 30, 2025: $22.6M ($2.08 diluted EPS), vs Norwood standalone $20.3M ($2.20 EPS).
- Pro forma net loss for FY 2024: $(3.3M) ($0.34 loss per share), reflecting $6.8M Norwood merger charges.
- Pro forma book value per share $25.26 as of Sep 30, 2025, vs Norwood standalone $25.37.

## SEC filing metadata
- accession: 0001193125-26-103217
- form_type: 8-K/A
- ticker: NWFL
- cik: 0001013272
- company_name: NORWOOD FINANCIAL CORP
- filed_at: 2026-03-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013272/000119312526103217/0001193125-26-103217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013272/000119312526103217/d36615d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-103217
- JSON: https://secwatch.observer/filing/0001193125-26-103217.json
- Plain text: https://secwatch.observer/filing/0001193125-26-103217.txt

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