secwatch.observer — SEC 8-K summary
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Issuer:     NORWOOD FINANCIAL CORP (NWFL)
CIK:        0001013272
Form:       8-K/A
Filed at:   2026-03-12T23:59:59+00:00
Accession:  0001193125-26-103217
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013272/000119312526103217/0001193125-26-103217-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013272/000119312526103217/d36615d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-103217

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