Norwood Financial Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 9.40
Dividend & Yield1.12$ (3.56%)
Beta 0.44
Market capitalization 259.07M
Operating cash flow 30.58M
ESG Scores unknown

Company description

Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing and non-interest bearing transaction accounts, and statement savings and money market accounts, as well as certificate of deposits. It also provides various loans, such as commercial loans comprising 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; land loans; 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; trust and investment products; and cash management, direct deposit, remote deposit capture, mobile deposit capture, mobile payment, automated clearing house activity, real estate settlement, and Internet and mobile banking services. Further, it engages in the annuity and mutual fund sale, and discount brokerage activities, as well as insurance agency business. The company serves consumers, businesses, nonprofit organizations, and municipalities. It operates fourteen offices in Northeastern Pennsylvania; and sixteen offices in Delaware, Sullivan, Ontario, Otsego, and Yates Counties, New York, as well as thirty-one automated teller machines. Norwood Financial Corp. was founded in 1870 and is headquartered in Honesdale, Pennsylvania.

Sector: Financial Services - Industry: Banks—Regional

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
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Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -54.84M -39.78M -61.36M -130.96M
Net Borrowings 26.86M 13.36M -12.93M -14.94M
Total Cash From Financing Activities 39.19M 18.41M 143.84M 196.75M
Change To Operating Activities 372k 626k -1.01M -398k
Issuance Of Stock 643k 765k 398k 524k
Net Income 13.65M 14.21M 15.08M 24.91M
Change In Cash 1.65M -2.93M 96.28M 94.99M
Effect Of Exchange Rate
Total Cash From Operating Activities 17.3M 18.44M 13.8M 29.2M
Depreciation 1.02M 1.11M 1.44M 1.6M
Change To Account Receivables
Other Cashflows From Financing Activities 17.4M 10.75M 163.74M 221.15M
Change To Netincome 2.31M 2.43M -626k 2.73M
Capital Expenditures -873k -1.62M -749k -1.26M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 16.2M 16.82M 18.37M 30.86M
Net Income 13.65M 14.21M 15.08M 24.91M
Selling General Administrative 21.1M 22.46M 26.16M 30.89M
Gross Profit 42.18M 44.13M 52.81M 69.44M
Ebit
Operating Income 16.85M 17.12M 20.98M 31.78M
Interest Expense
Income Tax Expense 2.55M 2.61M 3.29M 5.95M
Total Revenue 42.18M 44.13M 52.81M 69.44M
Cost Of Revenue
Total Other Income ExpenseNet -645k -299k -2.62M -919k
Net Income From Continuing Ops 13.65M 14.21M 15.08M 24.91M
Net Income Applicable To Common Shares 13.65M 14.21M 15.08M 24.91M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.06B 1.09B 1.66B 1.86B
Total Stockholder Equity 122.28M 137.43M 194.78M 205.26M
Other Current Liabilities
Total Assets 1.18B 1.23B 1.85B 2.07B
Common Stock 630k 634k 824k 827k
Other Current Assets 4.79M 3.72M 6.23M 5.89M
Retained Earnings 78.43M 86.54M 93.8M 110.02M
Treasury Stock -5.1M 787k 4.78M -2.02M
Cash 17.33M 15.41M 111.69M 206.68M
Total Current Liabilities 1.01B 1.03B 1.6B 1.82B
Other Stockholder Equity -5.02M 1.19M 5.12M -256k
Property, Plant, and Equipment 13.85M 19.52M 22.75M 21.8M
Total Current Assets 23.24M 20.69M 119.17M 214.55M
Net Tangible Assets 110.62M 125.86M 164.97M 175.59M
Net Receivables
Accounts Payable 946.78M 957.53M 1.54B 1.76B


Insider Transactions

Here are the insider transactions of stock shares related to Norwood Financial Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
CRITELLI LEWIS JSale at price 26.54 per share.D2022-09-29Chairman of the Board4.5k
CRITELLI LEWIS JConversion of Exercise of derivative security at price 17.93 per share.D2022-09-29Chairman of the Board4.5k
CRITELLI LEWIS JSale at price 26.00 per share.D2022-09-06Chairman of the Board2.33k
CRITELLI LEWIS JConversion of Exercise of derivative security at price 18.03 per share.D2022-09-06Chairman of the Board2.33k
LANCE WILLIAM SSale at price 26.00 - 26.17 per share.D2022-08-29Chief Financial Officer1.55k
LANCE WILLIAM SConversion of Exercise of derivative security at price 18.03 per share.D2022-08-29Chief Financial Officer1.55k
CRITELLI LEWIS JSale at price 26.00 - 26.17 per share.D2022-08-29Chairman of the Board2.51k
CRITELLI LEWIS JConversion of Exercise of derivative security at price 18.03 per share.D2022-08-29Chairman of the Board2.51k
LANCE WILLIAM SSale at price 26.00 per share.D2022-08-25Chief Financial Officer929
LANCE WILLIAM SConversion of Exercise of derivative security at price 18.03 per share.D2022-08-25Chief Financial Officer929
CRITELLI LEWIS JSale at price 26.00 per share.D2022-08-25Chairman of the Board929
CRITELLI LEWIS JConversion of Exercise of derivative security at price 18.03 per share.D2022-08-25Chairman of the Board929
MANCUSO ROBERT JPurchase at price 25.17 per share.D2022-08-09Chief Operating Officer1.5k
DONNELLY JAMES O.Purchase at price 24.96 per share.D2022-08-09Chief Executive Officer400
FORTE ANDREW APurchase at price 24.28 - 24.41 per share.I2022-06-23Director960
GIFFORD JEFFREY SPurchase at price 23.88 per share.D2022-06-21Director2k
DONNELLY JAMES O.Purchase at price 24.99 per share.D2022-05-12Chief Executive Officer350
CRITELLI LEWIS JStock Award(Grant) at price 25.71 per share.I2022-05-10Chairman of the Board4.5k
DONNELLY JAMES O.Stock Award(Grant) at price 25.71 per share.I2022-05-10Chief Executive Officer3k
MANCUSO ROBERT JConversion of Exercise of derivative security at price 18.36 per share.D2022-01-12Chief Operating Officer1.65k
PHILLIPS KENNETH AStock Gift at price 0.00 per share.D2021-12-17Director150
LANCE WILLIAM SStock Award(Grant) at price 25.80 per share.I2021-12-14Chief Financial Officer1.5k
MANCUSO ROBERT JStock Award(Grant) at price 25.80 per share.I2021-12-14Chief Operating Officer1.5k
PHILLIPS KENNETH AStock Award(Grant) at price 25.80 per share.I2021-12-14Director200
MATERGIA RALPH AStock Award(Grant) at price 25.80 per share.D2021-12-14Director200
DAVIS WILLIAM W JRStock Award(Grant) at price 25.80 per share.D2021-12-14Chairman of the Board200
LAMONT KEVIN MStock Award(Grant) at price 25.80 per share.I2021-12-14Director200
CAMPFIELD SUSANStock Award(Grant) at price 25.80 per share.I2021-12-14Director200
FORTE ANDREW AStock Award(Grant) at price 25.80 per share.I2021-12-14Director200
CARMODY JOHN FStock Award(Grant) at price 25.80 per share.I2021-12-14Officer1.5k
ADAMS JOSEPH WStock Award(Grant) at price 25.80 per share.I2021-12-14Director200
HUNGERFORD MEG LStock Award(Grant) at price 25.80 per share.D2021-12-14Director200
NOLAN ALEXANDRA KStock Award(Grant) at price 25.80 per share.I2021-12-14Director200
GIFFORD JEFFREY SStock Award(Grant) at price 25.80 per share.I2021-12-14Director200
O'BELL VINCENTStock Award(Grant) at price 25.80 per share.D2021-12-14Officer1.5k
O'BELL VINCENTStock Award(Grant) at price 25.80 per share.I2021-12-14Officer1.5k
FORTE ANDREW ASale at price 26.01 per share.D2021-12-09Director825
FORTE ANDREW AConversion of Exercise of derivative security at price 16.65 per share.D2021-12-09Director825
PHILLIPS KENNETH AConversion of Exercise of derivative security at price 16.65 per share.D2021-11-17Director425
CRITELLI LEWIS JSale at price 27.50 per share.D2021-11-15Chief Executive Officer5.78k
CRITELLI LEWIS JConversion of Exercise of derivative security at price 16.65 per share.D2021-11-15Chief Executive Officer5.78k
CARMODY JOHN FSale at price 27.00 per share.D2021-11-08Officer629
CARMODY JOHN FConversion of Exercise of derivative security at price 16.65 per share.D2021-11-08Officer629
CARMODY JOHN FSale at price 27.00 per share.D2021-11-04Officer1.02k
CARMODY JOHN FConversion of Exercise of derivative security at price 16.65 per share.D2021-11-04Officer1.02k
NOLAN ALEXANDRA KPurchase at price 25.25 per share.I2021-09-09Director10k
MANCUSO ROBERT JPurchase at price 25.20 per share.D2021-08-19Chief Operating Officer3k
GIFFORD JEFFREY SPurchase at price 25.00 per share.D/I2021-08-19Director2.1k
ADAMS JOSEPH WPurchase at price 25.35 per share.D/I2021-08-02Director600
NOLAN ALEXANDRA KPurchase at price 25.38 - 25.96 per share.I2021-06-30Director20.73k
NOLAN ALEXANDRA KPurchase at price 25.17 per share.I2021-06-25Director50k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Norwood Financial Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Norwood Financial Corp

Here is the result of two systematic investment strategies applied to Norwood Financial Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Norwood Financial Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Norwood Financial Corp:

Norwood Financial Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -12.15% on the backtest period.

Performance at glance

Performance

-12.15 %

Latent gain

-270.27 $

Invested capital

2224.53 $

Annualized return

-2.93 %
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Momentum strategy results on Norwood Financial Corp

This is the result of two momentum investment strategies applied to Norwood Financial Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Norwood Financial Corp

The following chart shows all the entries opened by the momentum investment system on Norwood Financial Corp:

Norwood Financial Corp momentum entries
  • The first momentum investment strategy would give -5.9% of return on Norwood Financial Corp. That represents -342.41$ of latent gain with 5799.11$ of employed capital.
  • The second momentum investment strategy would give -5.66% of return on Norwood Financial Corp. That represents -243.49$ of latent gain with 4304.29$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-5.9 %

Latent gain

-342.41 $

Invested capital

5799.11 $

Annualized return

-7.46 %
Performance at glance (2Q Momentum)

Performance

-5.66 %

Latent gain

-243.49 $

Invested capital

4304.29 $

Annualized return

-1.55 %

Momentum equity curve on Norwood Financial Corp

The following chart shows the equity curve of the two momentum strategies applied to Norwood Financial Corp:

Norwood Financial Corp momentum equity

Note: the dividends potentially given by Norwood Financial Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Norwood Financial Corp

The following chart shows the employed capital evolution of the two momentum strategies on Norwood Financial Corp since the beginning:

Norwood Financial Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Norwood Financial Corp

Buy the dip entry openings on Norwood Financial Corp

Norwood Financial Corp

The performance achieved by the robo-advisor on Norwood Financial Corp is -15.97%. That represents -159.23$ of latent gain with 996.77$ of employed capital. The following chart shows Norwood Financial Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Norwood Financial Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-15.97 %

Latent gain

-159.23 $

Invested capital

996.77 $

Annualized return

-7.46 %

Equity curve of the strategy applied to Norwood Financial Corp

The following chart shows the result of the investment strategy applied to Norwood Financial Corp:

Norwood Financial Corp

Note: the dividends potentially given by Norwood Financial Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Norwood Financial Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Norwood Financial Corp:

Norwood Financial Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Norwood Financial Corp

In this section, I will compare the three previous investment strategies applied to Norwood Financial Corp.

Equity curve comparison on Norwood Financial Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Norwood Financial Corp investment strategy comparison

Employed capital comparison on Norwood Financial Corp

Norwood Financial Corp investment comparison

Performance comparison on Norwood Financial Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -12.15% -270.27$ 2224.53$ -2.93%
Momentum 1 quarter -5.9% -342.41$ 5799.11$ -1.51%
Momentum 2 quarters -5.66% -243.49$ 4304.29$ -1.55%
Non-directional -15.97% -159.23$ 996.77$ -7.46%
Annualized return comparison

Automatic investment

-2.93 %

Momentum 1Q

-1.55 %

Momentum 2Q

-1.55 %

Non-directional

-7.46 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Norwood Financial Corp:

Positive correlations

Most correlated stocks this year

  • Norwood Financial Corp

  • Most correlated stocks last 3 months

  • Norwood Financial Corp
  • EHang Holdings Ltd

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Norwood Financial Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Norwood Financial Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Norwood Financial Corp
    Country United States
    City Honesdale
    Address 717 Main Street
    Phone 570 253 1455
    Website wayne.bank
    FullTime employees 263
    Industry Banks—Regional
    Sector Financial Services
    Exchange XNAS
    Ticker NWFL
    Market www.nasdaq.com

    Norwood Financial Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown