Norwood Financial Q2 EPS rises 29%

Overview

• Norwood Financial fiscal Q2 EPS rises 29% yr/yr to $0.67

• Net interest margin improves to 3.43% from 2.80% yr/yr

• Loans grew at a 4.4% and 8.2% annualized rate during Q2 and year-to-date, respectively

Outlook

• Norwood Financial sees "solid" momentum entering the second half of 2025

Result Drivers

• NET INTEREST INCOME - Driven by higher asset yields and lower liability yields, boosting net interest margin to 3.43%

• DEPOSIT GROWTH - Deposits rose at a 15% annualized rate year-to-date, with reduced deposit costs enhancing margins

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for Norwood Financial Corp is $26.25, about 6.6% above its July 21 closing price of $24.52

• The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX7vk8m7