Norwood Financial (NWFL)

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Norwood Financial Corp Announces Appointment of John M. McCaffery as Executive Vice President and Chief Financial Officer
GlobeNewswire News Room· 2024-06-21 20:15
Core Viewpoint - Norwood Financial Corp has appointed John M. McCaffery as Executive Vice President and Chief Financial Officer, effective June 24, 2024, to enhance its leadership team and support growth initiatives [1][2][6]. Company Overview - Norwood Financial Corp is the parent company of Wayne Bank, operating 14 offices in Northeastern Pennsylvania and 16 offices in New York [3]. - The company's stock is traded on the Nasdaq Global Market under the symbol "NWFL" [3]. Leadership Changes - John M. McCaffery brings over 30 years of leadership and finance experience, including previous roles as CFO at two banks, which positions him well to contribute to the company's growth [2][4][6]. - William S. Lance, the current CFO, will transition to the role of Executive Vice President and Chief Strategic Officer on June 24, 2024, and will assist with the transition until his retirement on August 2, 2024 [7]. Experience and Expertise - McCaffery has extensive experience in capital raising, M&A transactions, regulatory compliance, and team development, holding a Bachelor of Business Administration in Banking & Finance from Hofstra University [4][6].
Norwood Financial Corp Announces Appointment of John M. McCaffery as Executive Vice President and Chief Financial Officer
Newsfilter· 2024-06-21 20:15
Core Viewpoint - Norwood Financial Corp has appointed John M. McCaffery as the new Executive Vice President and Chief Financial Officer, effective June 24, 2024, to enhance its leadership team and support future growth initiatives [4][8]. Company Overview - Norwood Financial Corp is the parent company of Wayne Bank, operating 14 offices in Northeastern Pennsylvania and 16 offices in New York [1]. Leadership Transition - William S. Lance, the current Executive Vice President and Chief Financial Officer, will transition to the role of Executive Vice President and Chief Strategic Officer on June 24, 2024, before retiring on August 2, 2024 [3]. New CFO Profile - John M. McCaffery brings over 30 years of leadership and finance experience, including previous roles as CFO at Metropolitan Commercial Bank and Newtek Bank, N.A. [2][6]. - McCaffery has expertise in capital raising, M&A transactions, regulatory compliance, and team development, holding a Bachelor of Business Administration in Banking & Finance from Hofstra University [6]. Strategic Importance - The appointment of McCaffery is seen as a strategic move to leverage his experience in managing financial institutions of various sizes, which aligns with the company's growth objectives [8].
Norwood Financial (NWFL) - 2024 Q1 - Quarterly Report
2024-05-09 13:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 0-28364 Norwood Financial Corp (Exact name of registrant as specified in its charter) Pennsylvania 23-2828306 ...
Norwood Financial Corp Holds Annual Meeting of Shareholders
Newsfilter· 2024-04-26 12:15
HONESDALE, Pa., April 26, 2024 (GLOBE NEWSWIRE) -- The 153rd Annual Meeting of Shareholders of Norwood Financial Corp (Nasdaq-NWFL), parent company of Wayne Bank, was held in person on Tuesday, April 23, 2024, at 6th & River, Honesdale, Pennsylvania. Matters presented to, and approved by, stockholders were the re-election of company directors Lewis J. Critelli, James O. Donnelly, and Meg L. Hungerford, the ratification of S.R. Snodgrass, P.C., as the Company's independent auditors for the fiscal year endin ...
Norwood Financial (NWFL) - 2024 Q1 - Quarterly Results
2024-04-22 13:02
FOR IMMEDIATE RELEASE Exhibit 99.1 NORWOOD FINANCIAL CORP ANNOUNCES FIRST QUARTER 2024 EARNINGS Net interest income on a fully taxable equivalent basis (fte), was $14,905,000 during the three months ended March 31, 2024, compared to $16,275,000 in the comparable three-month period of 2023. During the three-months ended March 31, 2024, the fte yield on interest-earning assets increased 71 basis points compared to the three months ended March 31, 2023, while the cost of funds increased 147 basis points. As a ...
Norwood Financial (NWFL) - 2023 Q4 - Annual Report
2024-03-14 20:54
FORM 10-K ____________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File No. 0-28364 _____________________ NORWOOD FINANCIAL CORP (Exact Name of Registrant as Specified in its Charter) _____________________ Pennsylvania 23-2828306 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. ...
Norwood Financial (NWFL) - 2023 Q3 - Quarterly Report
2023-11-14 21:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 717 Main Street, Honesdale, Pennsylvania 18431 (Address of principal executive offices) (Zip Code) (I.R.S. employer identification no.) Registrant's telephone number, including area code (570) 253-1455 N/A OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...
Norwood Financial (NWFL) - 2023 Q2 - Quarterly Report
2023-08-10 22:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 0-28364 Norwood Financial Corp (Exact name of registrant as specified in its charter) Pennsylvania 23-2828306 ( ...
Norwood Financial (NWFL) - 2023 Q1 - Quarterly Report
2023-05-12 13:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 0-28364 Norwood Financial Corp (Exact name of registrant as specified in its charter) Pennsylvania 23-2828306 ...
Norwood Financial (NWFL) - 2022 Q4 - Annual Report
2023-03-17 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 10-K ____________________ (Mark One): ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File No. 0-28364 _____________________ NORWOOD FINANCIAL CORP (Exact Name of Registrant ...