| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | 2 | — | — | 4 | — | — | 3 | 4 | — | 1 | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | 1 |
| total | individual payouts | |
|---|---|---|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 1.29 |
—
—
—
|
| 2025 | 1.24 |
—
—
—
—
|
| 2024 | 1.20 |
—
—
—
—
|
| 2023 | 1.16 |
—
—
—
—
|
| 2022 | 1.12 |
—
—
—
—
|
| 2021 | 1.04 |
—
—
—
—
|
| 2020 | 1.00 |
—
—
—
—
|
| 2019 | 0.96 |
—
—
—
—
|
| 2018 | 0.88 |
—
—
—
—
|
| 2017 | 0.86 |
—
—
—
—
|
| 2016 | 0.83 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 66.12 | 72.34 | 44.44 | 60.29 |
| Receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 1,658.89 | 1,774.60 | 1,887.23 | 2,308.04 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 1,795.16 | 1,859.16 | 2,078.65 | 2,514.30 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 1,879.75 | 1,984.85 | 2,105.50 | 2,523.27 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 41.10 | 42.98 | — | — |
—
|
| ’25 | 32.44 | 33.45 | 34.70 | 35.56 |
136.15
|
| ’24 | 28.94 | 29.88 | 30.78 | 11.83 |
101.43
|
| ’23 | 23.62 | 25.02 | 26.81 | 28.21 |
103.66
|
| ’22 | 20.69 | 20.58 | 22.01 | 22.32 |
85.60
|
| ’21 | 19.29 | 19.70 | 20.56 | 19.88 |
79.43
|
| ’20 | 13.52 | 13.24 | 19.38 | 20.09 |
66.24
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 6.00 | 8.91 | — | — |
—
|
| ’25 | 9.10 | 6.76 | 9.34 | 8.78 |
33.97
|
| ’24 | 4.25 | 9.11 | 4.65 | 4.81 |
22.81
|
| ’23 | 10.11 | 6.12 | 6.88 | 6.72 |
29.82
|
| ’22 | 9.39 | 6.08 | 8.92 | 6.35 |
30.73
|
| ’21 | 7.54 | 7.29 | 8.17 | 6.20 |
29.20
|
| ’20 | 4.54 | (3.99) | 8.47 | 4.78 |
13.80
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 5.54 | 8.41 | — | — |
—
|
| ’25 | 8.17 | 5.08 | 8.30 | 7.70 |
29.25
|
| ’24 | 3.70 | 8.68 | 4.07 | 3.34 |
19.79
|
| ’23 | 10.01 | 4.14 | 8.77 | 6.16 |
29.08
|
| ’22 | 10.86 | 5.89 | 8.16 | 5.49 |
30.40
|
| ’21 | 7.46 | 7.29 | 7.77 | 5.88 |
28.39
|
| ’20 | 4.90 | (4.11) | 8.32 | 4.57 |
13.67
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.35 | 0.86 | — | — |
—
|
| ’25 | 0.63 | 0.67 | 0.89 | 0.80 |
3.01
|
| ’24 | 0.55 | 0.52 | 0.48 | (1.54) |
(0.02)
|
| ’23 | 0.71 | 0.81 | 0.51 | 0.04 |
2.07
|
| ’22 | 0.87 | 0.84 | 1.00 | 0.88 |
3.58
|
| ’21 | 0.67 | 0.70 | 0.85 | 0.81 |
3.04
|
| ’20 | 0.49 | 0.24 | 0.62 | 0.67 |
2.09
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 23.00 | 23.00 | 23.50 | 21.25 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 34.75 | 34.72 | 34.50 | 30.59 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 276 | 265 | 271 | 281 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.31 | 0.39 | 0.37 | 0.48 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 85.60 | 103.66 | 101.43 | 136.15 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 91.51% | 67.71% | 50.32% | 64.59% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 36.39 | 21.15 | (0.26) | 35.02 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 42.51% | 20.40% | (0.25%) | 25.72% | ‡‡‡ | ‡‡‡ | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 29.23 | 16.76 | (0.16) | 27.76 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.66 | 2.90 | 2.62 | 1.60 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.52 | 12.86 | 12.53 | 14.75 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 3.59 | 2.08 | (0.02) | 3.01 | ‡‡‡‡‡ | ‡‡‡‡ | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.78 | 3.70 | 2.82 | 3.68 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.04) | (0.09) | (0.37) | (0.51) | ‡‡‡ | ‡‡‡ | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.74 | 3.61 | 2.45 | 3.17 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 20.53 | 22.46 | 26.38 | 26.23 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.14 | 8.06 | 8.09 | 9.23 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.25 | 15.30 | 2,721.00 | 9.38 | ‡‡‡‡ | ‡‡‡‡ | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.16 | 2.46 | 2.17 | 1.90 | ‡‡‡ | ‡‡‡ | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.62 | 1.41 | 1.03 | 1.07 | ‡‡‡ | ‡‡‡ | — |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.82 | 4.03 | 3.49 | 2.78 | ‡‡‡‡ | ‡‡‡‡ | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 13.56 | 14.36 | 17.87 | 12.92 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 30.73 | 29.82 | 22.81 | 33.97 | ‡‡‡ | ‡‡‡ | — |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.33) | (0.75) | (3.02) | (4.72) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 30.40 | 29.08 | 19.79 | 29.25 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (327.87) | (220.85) | (210.25) | (218.27) | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 174.00 | 124.24 | 101.79 | 59.42 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 142.13 | 58.12 | 29.45 | 14.98 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 167.09 | 181.07 | 213.51 | 242.16 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.42% | 0.79% | (0.01%) | 1.17% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.35% | 5.53% | (0.07%) | 8.81% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.70% | 9.63% | (0.08%) | 12.18% | — | — | — |
ROE
|
Norwood Financial Corp. (NWFL), a regional bank in northern Pennsylvania and southern New York, delivered impressive growth from 2016-2023, with revenue surging 13.6% annually to $103.7 million and ROE peaking at 15.7%, driven by loan expansion and rising rates. But 2024 exposed cracks: revenue fell 2.2% to $101.4 million, net income flipped to a $160,000 loss, gross margins cratered to 50.3% from 90.2%, and ROE turned negative amid deposit competition and Fed tightening—echoing 2023’s banking crises.
Insider buying signals conviction, with over $450,000 in purchases through early 2026 and zero sells, while valuation looks attractive at 2.2x PS and 1.0x PB, backed by resilient free cash flow and debt reduction. Analysts forecast a sharp rebound—revenue dipping to $88 million in 2025 before climbing 29% in 2026, and net income exploding to $28.2 million—hinging on rate cuts.
Yet historical cycles in community banking warrant skepticism: margin recovery often lags, and sustained EPS above $3 with margins over 70% is needed before betting big. NWFL merits a watchlist for patient investors eyeing undervaluation amid macro risks.
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