Norwood Financial Corporation reported results for the three and nine months ended September 30, 2025. The company's return on assets increased by 72 basis points to 1.40% compared to the third quarter of 2024. Net interest margin rose by 20 basis points from the previous quarter and by 64 basis points over the prior year. Loans grew at a 5.4% annualized rate during the third quarter and a 7.3% annualized rate year-to-date. Total deposits reached $2.074 billion as of September 30, 2025, up from $1.855 billion at September 30, 2024, an 11.8% increase. Deposit costs fell by 19 basis points since the fourth quarter of 2024. Tangible common equity was 8.63% at September 30, 2025, compared with 7.57% a year earlier. Tangible book value per share rose from $19.85 at December 31, 2024, to $22.19 at September 30, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Norwood Financial Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9549663-en) on October 22, 2025, and is solely responsible for the information contained therein.
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