Norwood Financial reports Q1 2026 net income up 35%, margin expansion of 38 bps

Filed April 28, 2026 · Period ending April 28, 2026 · ~1 min read

Key Changes

• high

  Q1 2026 adjusted net income rose 35% to $7.8M ($0.72/share), with net interest margin expanding 38 bps to 3.68% and net interest income up 38% to $24.6M. Adjusted return on tangible equity improved 25 bps to 12.65%.

  Exhibit 99.1 verify on EDGAR →
• high

  Presence Bank acquisition integration progressing as planned, expanding geographic presence and consolidating Wayne Bank, Bank of Cooperstown, Bank of the Finger Lakes, and Presence Bank under a single Wayne Bank brand.

  Exhibit 99.1 verify on EDGAR →
• high

  Full-year 2025 adjusted net income increased 85% to $29.2M ($3.58/share), with return on average tangible common equity improving 456 bps to 14.53%, aided by December 2024 capital raise used to reposition investment portfolio.

  Exhibit 99.1 verify on EDGAR →