Key Highlights

  • Norwood's $0.32 quarterly dividend has an October 15, 2026 ex-dividend date and is payable November 2 to shareholders of record.
  • The company states it is the same $0.32 declared in the second quarter of 2026.
  • Second-quarter net income was a record $9.3 million, or $0.86 per diluted share, versus $6.2 million, or $0.67.
  • Net interest income was a record $26.8 million, and the fully taxable-equivalent net interest margin was 3.90%.

Norwood Financial Corp's (NASDAQ:NWFL) $0.32 quarterly dividend yields 3.78% and sits beside second-quarter record diluted EPS of $0.86. The board declared it on September 16, 2026. The company states the $0.32 remains the same as the dividend declared in the second quarter of 2026.

Dividend Program and Shareholder Returns

Norwood's board declared a $0.32 per share cash dividend on September 16, 2026, payable November 2 to shareholders of record as of October 15.

About the Company

Norwood Financial Corp is the holding company of Wayne Bank. The bank operates 33 community offices serving counties in Pennsylvania and New York, and the company has total assets of $2.9 billion. Its stock trades on the Nasdaq Global Market under the symbol NWFL.

Financial Performance Behind the Payout

Norwood reported second-quarter record net income of $9.3 million, or $0.86 per diluted share, versus $6.2 million, or $0.67, and $3.7 million, or $0.35, in the first quarter. Net interest income was $26.8 million versus $19.1 million a year earlier and $24.6 million in the first quarter.

The fully taxable-equivalent net interest margin was 3.90%, up 47 basis points from a year earlier and 22 basis points from the first quarter. Pre-provision net revenue was $13.6 million versus $8.8 million a year earlier and $6.3 million in the first quarter. Return on average assets was 1.28%, and return on average tangible equity was 15.04%.

First-half net income was $13.058 million, or $1.21 per diluted share, versus $11.978 million, or $1.30. Tangible book value per share was $22.96, above the pre-acquisition value of $22.90.

Presence Bancshares Integration and a Credit Item

The company completed the Presence Bancshares integration, including core system conversion and brand convergence. Merger-related expenses were $53,000 in the second quarter versus $4.9 million in the first. Total assets were $2.908 billion, up from $2.365 billion a year earlier, loans were $2.263 billion and deposits were $2.514 billion.

Net charge-offs were approximately $1.4 million, including a $729 thousand charge-off related to a borrower relationship that filed for Chapter 11 protection in June. The relationship consists of five loans to four borrower entities with aggregate exposure of approximately $22 million, primarily secured by commercial real estate. The company states it continues to monitor the proceedings and assess collateral values.

Outlook

Norwood did not provide numerical guidance in its second-quarter release. The company reports an allowance for credit losses of 1.13% of total loans at June 30, 2026.