Norwood Financial reports record Q2 net income of $9.3M, completes Presence integration

Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read

Key Changes

• high

  Net income reached record $9.3M (up 50% YoY), diluted EPS $0.86 (up 28%), driven by net interest income of $26.8M (up 41%) and margin expansion to 3.90% (up 22 bps).

  Exhibit 99.1 view on EDGAR →
• high

  Completed Presence Bancshares integration including core system conversion and brand convergence; tangible book value per share recovered to $22.96, exceeding pre-acquisition level of $22.90.

  Exhibit 99.1 view on EDGAR →
• medium

  Recorded $1.4M net charge-offs including $729K related to borrower Chapter 11 bankruptcy; nonperforming loans rose to 1.23% of total loans from 0.45% YoY, nonperforming assets to 0.98% from 0.34%.

  Exhibit 99.1 view on EDGAR →