Overview
Norwood Financial fiscal Q2 EPS rises 29% yr/yr to $0.67
Net interest margin improves to 3.43% from 2.80% yr/yr
Loans grew at a 4.4% and 8.2% annualized rate during Q2 and year-to-date, respectively
Outlook
Norwood Financial sees "solid" momentum entering the second half of 2025
Result Drivers
NET INTEREST INCOME - Driven by higher asset yields and lower liability yields, boosting net interest margin to 3.43%
DEPOSIT GROWTH - Deposits rose at a 15% annualized rate year-to-date, with reduced deposit costs enhancing margins
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.67
Q2 Net Interest Income
$19.06 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for Norwood Financial Corp is $26.25, about 6.6% above its July 21 closing price of $24.52
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release: ID:nGNX7vk8m7
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)