Norwood Financial (NWFL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Norwood Financial

NasdaqGM•Financial Services•Banks - Regional

$34.40-0.31(-0.01%)After hours

Market Cap

$376.59M

P/E

13.1x

P/S

3.7x

P/B

1.3x

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services in the United States. The company offers deposit products, including interest-bearing and non-interest-bearing transaction, statement savings, and money market accounts, as well as certificate of deposits. Its commercial loans include lines of credit, revolving credit, term loans, mortgages, secured lending products, and letter of credit facilities; municipal finance lending; construction loans for commercial construction projects and single-family residences; construction financing; land and consumer loans; mortgage lending to finance principal residences and second home dwellings; and indirect dealer financing of new and used automobiles, boats, and recreational vehicles. In addition, the company offers investment securities services; personal and business credit services; trust and investment products; and cash management, direct deposit, remote deposit capture, mobile deposit capture, automated clearing house activity, real estate settlement, and internet and mobile banking services. Further, it offers annuity and insurance products; and engages in mutual fund sale, advisory services, and discount brokerage activities, as well as insurance agency business. The company serves consumers, businesses, nonprofit organizations, and municipalities. It operates automated teller machines and branches in Northeastern Pennsylvania; and in New York counties of Delaware, Sullivan, Ontario, Otsego, and Yates. The company was founded in 1870 and is based in Honesdale, Pennsylvania.

How this company scores

WeakMetricSide Score: 84/100

Grade capped at D — Interest coverage below 1× (0.9x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (17/25).

Profitability21/25

Growth21/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality25/25

Strengths

Growing revenueRising free cash flowStrong marginsRising earnings

Grade capped at D

Interest coverage below 1× (0.9x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 13.1x5y range 7.2x – 188.8x

Currently above its 19-quarter median.

P/S · 3.7x5y range 2.6x – 4.3x

Currently near its 20-quarter median.

P/B · 1.3x5y range 1.0x – 1.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 91.3% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Share Dilution

Red Flag

Shares outstanding increased 34.7% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $376.59M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $103.05M
Q. Revenue: $29.36M
TTM EBITDA: $38.04M
TTM Op. Income: $36.35M
Q. Op. Income: $11.63M
TTM Net Income: $28.84M
Q. Net Income: $9.33M
EPS: $0.86
Shares Out.: $10.83M

$103.05M in TTM revenue grew 75.5% YoY, reaching $29.36M last quarter. TTM EBITDA of $38.04M and TTM operating income of $36.35M show growth is flowing through to the bottom line. TTM net income of $28.84M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 53.6%
EBITDA Margin: 40.2%
Op. Margin: 39.6%
Net Margin: 31.8%

Op. margin of 39.6% is up 2.9% YoY — cost efficiency is improving. Net margin at 31.8% and gross margin of 53.6% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 8% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 13.1x
P/S Ratio: 3.7x
P/B Ratio: 1.3x

At 13.1x P/E, the stock trades below typical market levels. P/S of 3.7x and P/B of 1.3x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 7 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.91B
Cash: $60.29M
Long-Term Debt: $65.51M
Book Value: $289.64M
D/E Ratio: 0.2
Debt/EBITDA: 5.6

With $2.91B in assets and $65.51M in long-term debt, D/E is 0.2and book value is $289.64M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 40% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $8.91M
TTM Free Cash Flow: $29.95M
FCF Margin: 29.1%
FCF / Net Income: 1.0

TTM FCF of $29.95M on $8.91M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 45% — an improving trend.