Norwood Financial Corp (NASDAQ:NWFL), a Pennsylvania-based bank holding company headquartered in Honesdale, filed its quarterly report on Form 10-Q for the period ended September 30, 2026, with the SEC on November 6, 2026.

Key Highlights

  • Net income of $24,821 thousand for the nine months ended September 30, 2026, compared to $20,313 thousand in the same period of 2025, according to the filing.
  • Total assets reached $2,951,557 thousand as of September 30, 2026, up from $2,424,842 thousand at December 31, 2025.
  • Net interest income of $79,402 thousand for the nine-month period, compared to $57,380 thousand in the prior-year period.
  • PB Bankshares, Inc. acquisition added 1,662,935 common shares during the nine months ended September 30, 2026, contributing $44,266 thousand to stockholders' equity.
  • Merger-related expenses of $4,994 thousand were recorded for the nine months ended September 30, 2026, versus $718 thousand in the comparable 2025 period.
  • Cash dividends declared at $0.96 per share for the nine months ended September 30, 2026, compared to $0.93 per share in the same period of 2025.
  • Shares outstanding totaled 10,915,280 as of November 1, 2026, per the filing cover page.

Norwood Financial's Third-Quarter 2026 Results Reflect Acquisition and Lending Growth

According to the filing, Norwood Financial Corp reported net income of $11,763 thousand for the three months ended September 30, 2026, compared to $8,334 thousand for the same quarter in 2025. Basic and diluted earnings per share were each $1.08 for the quarter, up from $0.89 in the prior-year quarter. The company operates through its banking subsidiary, Wayne Bank, providing community banking services across northeastern Pennsylvania and the Hudson Valley region of New York.

The filing disclosed that total interest income for the nine months ended September 30, 2026, was $120,301 thousand, compared to $93,482 thousand in the same period of 2025. Loans receivable, net of an allowance for credit losses of $25,146 thousand, stood at $2,269,321 thousand as of September 30, 2026, up from $1,833,540 thousand at December 31, 2025. The filing attributed a portion of this growth to the PB Bankshares, Inc. acquisition completed during the period. Total deposits rose to $2,508,980 thousand from $2,078,645 thousand at year-end 2025.

Other expenses increased to $52,335 thousand for the nine-month period from $37,529 thousand in the same period of 2025, with salaries and employee benefits accounting for $25,497 thousand of that total. The filing also noted an accumulated other comprehensive loss of $39,973 thousand as of September 30, 2026, driven in part by unrealized holding losses on investment securities available for sale of $23,582 thousand for the nine months ended September 30, 2026, partially offset by a tax effect of $4,952 thousand. Total stockholders' equity was reported at $283,361 thousand at September 30, 2026, compared to $242,157 thousand at December 31, 2025.

What Was Disclosed

Norwood Financial Corp disclosed its unaudited consolidated financial results for the quarter and nine months ended September 30, 2026, including income statements, balance sheet data, and changes in stockholders' equity. The filing also reported the completion of the PB Bankshares, Inc. acquisition and related financial impacts during the period.