Norwood Financial Corp Announces Receipt of Regulatory Approvals for Acquisition of PB Bankshares, Inc.

Core Viewpoint - Norwood Financial Corp has received final regulatory approvals for the acquisition of PB Bankshares, with the transaction expected to close around January 5, 2026 [1][2]. Group 1: Company Overview - Norwood Financial Corp is the parent company of Wayne Bank, operating 15 offices in Northeastern Pennsylvania and 12 in the Southern Tier of New York, with its stock traded on the Nasdaq Global Market under the symbol "NWFL" [3]. - PB Bankshares is the parent company of Presence Bank, which operates four offices and two loan production offices in Chester, Lancaster, and Dauphin Counties, Pennsylvania, with its common stock traded on the NASDAQ Capital Market under the symbol "PBBK" [4]. Group 2: Merger Details - The merger was approved by PB Bankshares' shareholders on December 11, 2025, and is subject to customary closing conditions [1]. - The merger aims to expand products and services offered to the communities served by both banks, enhancing value for customers and shareholders [2].