earnings
confidence high
sentiment neutral
materiality 0.80
Norwood Financial Q1 net income $3.73M, EPS $0.35; closed Presence Bancshares acquisition
NORWOOD FINANCIAL CORP
2026-Q1 EPS reported
$0.35
revenue$2,276,000
- Record net interest income $24.6M; NIM 3.68% vs 3.30% YoY; net interest spread 3.04%.
- Reported net income $3.73M ($0.35 diluted EPS) down from $5.77M; adjusted net income $7.81M ($0.72).
- Acquisition of Presence Bancshares closed Jan 5, 2026; TBV per share $22.43, diluted $0.52 from $22.90.
- Total assets $2.917B, deposits $2.507B, loans $2.238B; tangible common equity / assets 8.49%.