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Norwood Financial (NWFL) Company Profile

Updated Jul 7, 2020
Norwood Financial has the following business profile:
Company's Full Name:Norwood Financial Corp.
Short Name:Norwood Financial
Trading Ticker Symbol:NWFL
Primary Exchange:NASDAQ
Headquarter City/Country:Pennsylvania, PA
Primary Industry Sector:Finance
Seconday Sub-sector:Major Banks
Main Business Areas: Finance, Major Banks, Financial Services, Regional US Banks, Bank
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Norwood Financial stock

Market and Trading Information for Norwood Financial

The following details were available for trading and market data about the stock of Norwood Financial as of writing:
Current Share Price:$24.13
Previous Year's Closing Price:$38.9
Percentage Price Change (YTD):-37.97%
Market Cap:$152.71 million
52-week Price Range:$21.2 - $39.69
Dividend Per Share:$0.97
EPS (TTM):2.23
Price-Earnings (Trailing):10.82
Price-Earnings (Forward):0

Company Profile and Business Description for Norwood Financial

Norwood Financial Corp., incorporated on November 15, 1995, is a bank holding company. The Company operates through its subsidiary, Wayne Bank (the Bank). The Bank is a chartered bank and trust company. The Bank is an independent community bank that operates over five offices in the Wayne County, approximately three offices in Pike County, four offices in Monroe County and over three offices in Lackawanna County. The Bank offers various personal and business credit services, trust and investment products, and real estate settlement services to the consumers, businesses, nonprofit organizations and municipalities in each of the communities that the Bank serves. The Bank primarily serves the Pennsylvania counties of Wayne, Pike, Monroe and Lackawanna, as well as the Susquehanna County. In addition, the Bank operates approximately 20 automated teller machines (ATMs), each one located at a branch facility. The Bank operates a Wealth Management/Trust Department, which provides estate planning, investment management and financial planning to customers.

Lending Activities

The Bank's loan products include loans for personal and business use. Personal lending includes mortgage lending to finance principal residences and second home dwellings. The Bank's loan products include fixed-rate mortgage products with terms up to approximately 30 years, which may be sold, in the secondary market through the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Bank (FHLB) or held in the Bank's portfolio. Fixed-rate home equity loans are originated on terms till approximately 180 months. It also offers home equity lines of credit tied to the prime rate. The Bank also offers indirect dealer financing of automobiles (new and used), boats, and recreational vehicles through a limited network of dealers in Northeast Pennsylvania.

The Company has approximately $23.5 million of indirect loans in the portfolio. Commercial loans and commercial mortgages are provided to local small and mid-sized businesses at a range of terms and rate structures. The Bank has approximately $52.6 million in loans to the hospitality lodging industry, as well as over $27.5 million of loans outstanding to automobile dealers. Commercial lending activities include lines of credit, revolving credit, term loans, mortgages, various forms of secured lending and a limited amount of letter of credit facilities. The Bank's construction lending has primarily involved lending for commercial construction projects and for single-family residences. For commercial projects, the Bank typically also provides the permanent financing after the construction period, as a commercial mortgage. The Bank also originates loans secured by undeveloped land. Its total loans amount to approximately $560.2 million.

Investment Activities

The Company maintains a portfolio of investment securities consisting of obligations of the Unites States Government and its agencies, including mortgage-backed securities and obligations of states, counties and municipalities, including school districts. The Company also has corporate debt obligations in the portfolio, as well as a portfolio of equity instruments of other financial services companies. The Company considers its investment portfolio a source of earnings and liquidity. Investment securities may also be pledged to secure public deposits and customer repurchase agreements. The Company's total securities amount to approximately $138.9 million.

Sources of Funds

The Bank provides a range of deposit products to its retail and business customers. These include interest-bearing and noninterest bearing transaction accounts, statement savings and money market accounts. Other services the Bank offers its customers on a limited basis include cash management, direct deposit, remote deposit capture and automated clearing house (ACH) activity. The Bank's total deposits are approximately $550.9 million.

Subsidiary Activities

Norwood Investment Corp. (NIC), an insurance agency, is a subsidiary of the Bank. NIC's business is annuity and mutual fund sales, and discount brokerage activities primarily to customers of the Bank. Other subsidiaries of the Bank include WCB Realty Corp., a real estate company; WTRO Properties Inc., a real estate company, and Norwood Settlement Services, LLC, a provider of title and settlement services.

717 Main St

ETFs Holding Norwood Financial Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Norwood Financial stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Norwood Financial stock holding. There are a total of 13 ETFs in Fknol.com records which are holding Norwood Financial stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
ITOTiShares Core S&P Total US Stock Market ETFThe iShares Core S&P Total U.S. Stock Market ETF tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ...Full Details0.03%3090
Full List
Quarterly
IWViShares Russell 3000 ETFThe iShares Russell 3000 ETF tracks a cap-weighted index that measures the investable US equities market, covering the entire market-cap spectrum, including micro-caps. ...Full Details0.2%3002
Full List
Quarterly
VTHRVanguard Russell 3000 ETFThe Vanguard Russell 3000 ETF tracks a cap-weighted index that measures the investable US equities market, covering the entire market-cap spectrum including micro-caps. ...Full Details0.15%1581
Full List
Quarterly
VTIVanguard Total Stock Market ETFThe Vanguard Total Stock Market ETF tracks a cap-weighted index that measures the investable US equities market, encompassing the entire market-cap spectrum. ...Full Details ...Candlestick Patterns.0.04%1515
Full List
Quarterly
IWCiShares Microcap ETFThe iShares Microcap ETF tracks a market-cap-weighted index of U.S. micro-cap stocks. The index selects the smallest 1000 stocks in the Russell 2000 Index. ...Full Details0.6%1452
Full List
Quarterly
GSSCGoldman Sachs ActiveBeta US Small Cap Equity ETFThe Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF tracks an index of US small-cap stocks. The index equally weights four factor-based subindexes: value, momentum, quality, and low volatility. ...Full Details0.2%1543
Full List
Quarterly
VXFVanguard Extended Market VIPERs ETFThe Vanguard Extended Market ETF tracks a market-cap-weighted version of the S&P Total Market Index, excluding all S&P 500 stocks. ...Full Details0.08%1901
Full List
Quarterly
DESWisdomTree US SmallCap Dividend ETFThe WisdomTree U.S. SmallCap Dividend Fund tracks an index of dividend-paying US stocks. The dividend-weighted index is a small-cap subset of the WisdomTree Dividend Index. ...Full Details0.38%709
Full List
Monthly
FLQSFranklin LibertyQ US Small Cap Equity ETFThe Franklin LibertyQ U.S. Small-Cap Equity ETF tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. ...Full Details0.35%492
Full List
Annually
IWMiShares Russell 2000 ETFThe iShares Russell 2000 ETF tracks a market-cap-weighted index of US small-cap stocks. The index selects stocks ranked 1,001-3,000 by market cap. ...Full Details ...Candlestick Patterns.0.19%2030
Full List
Quarterly

See Full List of ETFs holding Norwood Financial stock in their respective portfolios.

Peer / Competitor Companies of Major Banks Sector

Along with Norwood Financial Corp., the following other peer (competitor) companies also exist within the same Major Banks - Finance sector whose company profile and dividend history is as follows:

▶ 1st Source (SRCE): 1st Source Corporation operates as the holding company for 1st Source Bank that provides commercial and consumer banking services, trust and investment management services, and insurance to individual....See Detailed Company Profile,  Dividend History

▶ ACNB (ACNB): ACNB Corporation, incorporated on November 9, 1982, is a financial holding company. The Companys banking operations are conducted through its operating subsidiary, ACNB Bank (the Bank), and offers a range ....See Detailed Company Profile,  Dividend History

▶ Allegiance Bancshares (ABTX): Allegiance Bancshares, Inc., incorporated on April 30, 2008, is a bank holding company. Through its subsidiary, Allegiance Bank (the Bank), the Company provides a range of commercial banking services primarily ....See Detailed Company Profile,  Dividend History

▶ American National Bankshares (AMNB): American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services. The company operates through two segm....See Detailed Company Profile,  Dividend History

▶ American River Bankshares (AMRB): American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals in Calif....See Detailed Company Profile,  Dividend History

▶ Ameris Bancorp (ABCB): Ameris Bancorp operates as the holding company for Ameris Bank that provides banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, and South Carolina. The company....See Detailed Company Profile,  Dividend History

▶ AmeriServ Financial (ASRV): AmeriServ Financial Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking service....See Detailed Company Profile,  Dividend History

▶ Ames National (ATLO): Ames National Corporation, incorporated on January 15, 1975, is a bank holding company. The Company operates through banking segment. The Company owns five banking subsidiaries consisting of two national banks ....See Detailed Company Profile,  Dividend History

▶ ANZ Bank ADR (ANZBY): Australia and New Zealand Banking Group Limited provides various banking and financial products and services. The company's Australia division offers retail products and services to consumers through the branch....See Detailed Company Profile,  Dividend History

▶ Arrow Financial (AROW): Arrow Financial Corporation (Arrow), incorporated on March 21, 1983, is a bank holding company. The Companys banking subsidiaries are Glens Falls National Bank and Trust Company (Glens Falls National) and ....See Detailed Company Profile,  Dividend History

▶ Associated Banc-Corp (ASB): Associated Banc-Corp, incorporated on October 20, 1964, is a bank holding company. The Company, through its banking subsidiary Associated Bank, National Association (the Bank) and various nonbanking subsidiaries, provides a ....See Detailed Company Profile,  Dividend History

▶ Atlantic Capital Bancshares (ACBI): Atlantic Capital Bancshares, Inc. operates as the holding company for Atlantic Capital Bank, N.A. that provides commercial banking products and services in the United States. The company offers NOW, m....See Detailed Company Profile,  Dividend History

▶ Auburn National Bancorporation (AUBN): Auburn National Bancorporation, Inc., incorporated on April 12, 1990, is a bank holding company. The Company operates through its subsidiary AuburnBank (the Bank), which is a commercial bank located in ....See Detailed Company Profile,  Dividend History

▶ Banc of California (BANC): Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. The company's deposits cons....See Detailed Company Profile,  Dividend History

▶ BancFirst (BANF): BancFirst Corporation, incorporated on July 12, 1984, is a financial holding company. The Company conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. The Company ....See Detailed Company Profile,  Dividend History

▶ Banco Bradesco Sa (BBD): Banco Bradesco S.A. provides banking and financial products and services to individuals, enterprises, and corporations and institutions. It operates through two segments, Banking; and Insurance, Pensi....See Detailed Company Profile,  Dividend History

▶ Banco Bradesco Sa (BBDO): Banco Bradesco S.A. provides banking and financial products and services to individuals, enterprises, and corporations and institutions. It operates through two segments, Banking; and Insurance, Pension Plans a....See Detailed Company Profile,  Dividend History

▶ Bancorp of New Jersey (BKJ): Bancorp of New Jersey, Inc. operates as a bank holding company of Bank of New Jersey that provides banking services to individuals, businesses, non-profit organizations, and governmental units. The co....See Detailed Company Profile,  Dividend History

▶ BancorpSouth (BXS): BancorpSouth, Inc., incorporated on February 17, 1982, is a financial holding company. The Company, through its principal bank subsidiary, BancorpSouth Bank (the Bank), conducts commercial banking and financial services operations ....See Detailed Company Profile,  Dividend History

▶ Bank of America (BAC): Bank of America Corporation, incorporated on July 31, 1998, is a bank holding company (BHC) and a financial holding company. The Company is a financial institution, serving individual consumers, small- ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

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