Norwood Financial climbs after posting record Q2 profit
23/07/2026 17:31
BUZZ-Norwood Financial climbs after posting record Q2 profit ** Shares of lender Norwood Financial Corp NWFL.O rise 5% to $31.8
** NWFL on Wednesday posted record net income of $9.3 million vs $6.2 million, a year earlier
** Reported record net interest income of $26.8 million vs 19.1 million, a year earlier
** In Q2, co recorded net charge-offs of about $1.4 million, including a $729,000 charge-off related to a previously disclosed borrower relationship that filed for Chapter 11 bankruptcy protection during June 2026
** One of two analysts rate stock at "buy" and one "hold"; their median PT is $34.5 - data compiled by LSEG
** Including session's move, stock up 12% YTD
(Reporting by Pragyan Kalita in Bengaluru)
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