Norwood Financial net income rises 41.1% to $11.8M on PB Bankshares acquisition

Filed November 6, 2026 · Period ending September 30, 2026 · Compared to 10-Q Nov 7, 2025 · ~1 min read

Key Changes

• high

  Net income rose 41.1% to $11.8M, but diluted EPS grew only 21.3% to $1.08 due to a higher share count from the acquisition.

  MD&A: Net income verify on EDGAR →
• high

  PB Bankshares acquisition closed Jan 5, 2026, adding $7.1M goodwill and expanding loans to $2.295B and deposits to $2.509B.

  Notes: Acquisition verify on EDGAR →
• high

  Non-performing loans more than doubled to $16.8M (0.73% of loans) driven by a large commercial real estate bankruptcy.

  MD&A: Asset quality verify on EDGAR →