Norwood Financial FY26 Q2 adjusted net income rises 48% to $9.4 million; net interest income climbs 41% to $26.8 million
NWFL•Credit quality and integration update
- Credit quality weakened, with non-performing loans rising to 1.23% of loans; net charge-offs increased to 0.24%.
- Completed Presence Bank integration, including core system conversion and brand convergence, and recorded about USD 700,000 initial net charge-offs tied to a customer bankruptcy.
Quarterly earnings and margin improvement
- Norwood Financial Q2 2026 net income rose 50% to USD 9.33 million, with diluted EPS up 28.36% to USD 0.86.
- Net interest income climbed 40.77% to USD 26.84 million, while net interest margin widened 47 bps to 3.9%.
