Norwood Financial (US:NWFL) Globenewswire·2026-01-22 13:15Core Insights - Norwood Financial Corp and its subsidiary, Wayne Bank, reported positive financial results for the year ended December 31, 2025, highlighting solid growth and improved profitability [2][5]. Financial Performance - For the full year 2025, net interest income increased to $78.324 million from $62.191 million in 2024, reflecting a year-over-year increase of $16.133 million [3][11]. - The net interest margin improved by 58 basis points, reaching 3.49% compared to 2.91% in the previous year [5][11]. - The company achieved a loan growth of 8.2% and deposit growth of 11.8% year-over-year [5][11]. - Non-interest income rose by $806 thousand or 9.2%, excluding the 2024 loss on the sale of securities [11]. Earnings and Returns - The diluted earnings per share for the full year were $3.01, a slight decrease from $3.03 in 2024 [5][11]. - The return on average assets was 1.17%, an increase of 118 basis points from the previous year [3][11]. - The return on average tangible equity was 14.03%, reflecting a significant increase compared to the prior year [3][11]. Asset and Equity Growth - Total assets grew to $2.425 billion, up 4.63% from $2.317 billion in 2024 [11]. - Tangible book value per share increased by 15.4%, rising from $19.85 to $22.90 [5][11]. - The tangible common equity ratio improved to 8.88% from 8.05% [11]. Strategic Developments - The acquisition of Presence Bank on January 5, 2026, is expected to enhance the company's geographic presence and asset base [3].