Norwood Financial Management

Management criteria checks 4/4

Norwood Financial's CEO is Jim Donnelly, appointed in May 2022, has a tenure of 1.92 years. total yearly compensation is $816.44K, comprised of 58.6% salary and 41.4% bonuses, including company stock and options. directly owns 0.051% of the company’s shares, worth $98.45K. The average tenure of the management team and the board of directors is 2.5 years and 12.9 years respectively.

Key information

Jim Donnelly

Chief executive officer

US$816.4k

Total compensation

CEO salary percentage	58.6%
CEO tenure	1.9yrs
CEO ownership	0.05%
Management average tenure	2.5yrs
Board average tenure	12.9yrs

Recent management updates

Recent updates

Norwood Financial's (NASDAQ:NWFL) Upcoming Dividend Will Be Larger Than Last Year's

Apr 05

Norwood Financial declares $0.28 dividend

Sep 16

Norwood Financial GAAP EPS of $0.84, revenue of $19.38M

Jul 22

Norwood Financial: The Book Value Gets Hit Despite Good Results

Jul 10

Norwood Financial: A 4% Yield With A Sub-40% Payout Ratio

Apr 06

Norwood Financial (NASDAQ:NWFL) Has Announced That It Will Be Increasing Its Dividend To US$0.28

Mar 17

Norwood Financial (NASDAQ:NWFL) Is Increasing Its Dividend To US$0.28

Dec 21

Norwood Financial Corp.: There Is No Reason To Dislike This One

Nov 05

Norwood Financial Is A Compelling Buy

Sep 01

Shareholders Will Probably Hold Off On Increasing Norwood Financial Corp.'s (NASDAQ:NWFL) CEO Compensation For The Time Being

Apr 21

Norwood Financial (NASDAQ:NWFL) Has Compensated Shareholders With A Respectable 76% Return On Their Investment

Mar 03

Norwood Financial: A Strong Focus On Real Estate Loans And A 4% Dividend Yield

Jan 13

Should Income Investors Look At Norwood Financial Corp. (NASDAQ:NWFL) Before Its Ex-Dividend?

Jan 09

Could Norwood Financial Corp. (NASDAQ:NWFL) Have The Makings Of Another Dividend Aristocrat?

Dec 18

CEO Compensation Analysis

How has Jim Donnelly's remuneration changed compared to Norwood Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$15m
Dec 31 2023	US$816k	US$478k	US$17m
Sep 30 2023	n/a	n/a	US$24m
Jun 30 2023	n/a	n/a	US$28m
Mar 31 2023	n/a	n/a	US$28m
Dec 31 2022	US$706k	US$262k	US$29m

Compensation vs Market: Jim's total compensation ($USD816.44K) is below average for companies of similar size in the US market ($USD1.60M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.

CEO

Jim Donnelly (55 yo)

1.9yrs

Tenure

US$816,435

Compensation

Mr. James O. Donnelly, also known as Jim, serves as Member of Community Depository Institutions Advisory Council at Federal Reserve Bank of Philadelphia since 2024. He serves as is President and Chief Exec...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Donnelly	President	1.9yrs	US$816.44k	0.051% $ 98.4k
William Lance	Executive VP & CFO	14.1yrs	US$467.89k	0.13% $ 247.5k
Vincent O'Bell	Executive VP & Chief Lending Officer	3yrs	US$354.80k	0.013% $ 25.2k
Nancy Hart	Senior VP	no data	no data	no data
Ryan French	Senior VP & Director of Human Resources	no data	no data	no data
John Carmody	Executive VP & Chief Credit Officer	no data	US$236.47k	0.23% $ 446.6k
Tracie Young	Senior VP & Director of Risk	less than a year	no data	no data
Joseph Mahon	Senior VP & Finger Lakes Commercial Loan Team Leader	no data	no data	no data
Steven Daniels	Senior VP & Director of Consumer Banking	no data	no data	no data
Scott White	President of Bank of Cooperstown	no data	no data	no data
Diane Wylam	Senior VP & Senior Trust Officer	no data	no data	no data

2.5yrs

Average Tenure

55yo

Average Age

Experienced Management: NWFL's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Donnelly	President	1.9yrs	US$816.44k	0.051% $ 98.4k
William Davis	Director Emeritus	2yrs	US$32.05k	no data
Lewis Critelli	Chairman of the Board	15yrs	US$1.15m	0.81% $ 1.6m
Kenneth Phillips	Independent Director	36.3yrs	US$95.07k	0.17% $ 326.4k
Ralph Matergia	Independent Director	19.4yrs	US$101.07k	0.25% $ 491.5k
Kevin Lamont	Independent Director	12.9yrs	US$99.62k	1.65% $ 3.2m
Susan Campfield	Independent Director	17.9yrs	US$95.84k	0.048% $ 93.3k
Andrew Forte	Independent Vice Chairman of the Board	16.8yrs	US$96.60k	0.27% $ 524.9k
Jeffrey Gifford	Independent Director	3.8yrs	US$98.09k	1.7% $ 3.3m
Alexandra Nolan	Independent Director	3.8yrs	US$98.09k	3.36% $ 6.5m
Meg Hungerford	Independent Director	6.8yrs	US$98.52k	0.050% $ 97.7k

12.9yrs

Average Tenure

65yo

Average Age

Experienced Board: NWFL's board of directors are seasoned and experienced ( 12.9 years average tenure).

Norwood Financial Management

Management criteria checks 4/4

Key information

Recent management updates

Norwood Financial Corp., Annual General Meeting, Apr 23, 2024

William S. Lance, Chief Financial Officer of Norwood Financial Corp. and its Subsidiary, Wayne Bank, to Retire Effective as of August 2, 2024

William S. Lance, Chief Financial Officer of Norwood Financial Corp. and its Subsidiary, Wayne Bank, to Retire Effective as of August 2, 2024

Norwood Financial Corp. and Wayne Bank Announce the Retirement of Robert J. Mancuso as Executive Vice President and Chief Operating Officer, Effective as of December 31, 2023

Insufficient new directors

Norwood Financial Corp. and Wayne Bank Announces Retirement of Lewis J. Critelli as Chief Executive Officer, Effective May 9, 2022

Recent updates

First quarter 2024 earnings released: EPS: US$0.55 (vs US$0.71 in 1Q 2023)

Upcoming dividend of US$0.30 per share

Fourth quarter dividend of US$0.30 announced

Norwood Financial Corp. Declares Quarterly Cash Dividend, Payable May 1, 2024

Full year 2023 earnings released: EPS: US$2.08 (vs US$3.59 in FY 2022)

Norwood Financial Corp., Annual General Meeting, Apr 23, 2024

William S. Lance, Chief Financial Officer of Norwood Financial Corp. and its Subsidiary, Wayne Bank, to Retire Effective as of August 2, 2024

William S. Lance, Chief Financial Officer of Norwood Financial Corp. and its Subsidiary, Wayne Bank, to Retire Effective as of August 2, 2024

Full year 2023 earnings released: EPS: US$2.08 (vs US$3.59 in FY 2022)

Norwood Financial Corp Increases Quarterly Cash Dividend, Payable on February 1, 2024

Norwood Financial Corp. and Wayne Bank Announce the Retirement of Robert J. Mancuso as Executive Vice President and Chief Operating Officer, Effective as of December 31, 2023

Investor sentiment improves as stock rises 16%

Third quarter 2023 earnings released: EPS: US$0.51 (vs US$1.00 in 3Q 2022)

Upcoming dividend of US$0.29 per share at 4.5% yield

Norwood Financial (NASDAQ:NWFL) Will Pay A Dividend Of $0.29

Norwood Financial Corp Declares Quarterly Cash Dividend, Payable on November 1, 2023

Insufficient new directors

Second quarter 2023 earnings released: EPS: US$0.81 (vs US$0.84 in 2Q 2022)

Upcoming dividend of US$0.29 per share at 3.9% yield

Norwood Financial's (NASDAQ:NWFL) Dividend Will Be $0.29

Norwood Financial (NASDAQ:NWFL) Is Due To Pay A Dividend Of $0.29

Norwood Financial Corp Declares Quarterly Cash Dividend, Payable August 1, 2023

Do Norwood Financial's (NASDAQ:NWFL) Earnings Warrant Your Attention?

Investor sentiment improves as stock rises 15%

Upcoming dividend of US$0.29 per share at 4.1% yield

Norwood Financial's (NASDAQ:NWFL) Upcoming Dividend Will Be Larger Than Last Year's

Full year 2022 earnings released: EPS: US$3.59 (vs US$3.05 in FY 2021)

Norwood Financial Corp. Reports Net Charge-Off for the Fourth Quarter Ended December 31, 2022

Full year 2022 earnings released: EPS: US$3.59 (vs US$3.05 in FY 2021)

Upcoming dividend of US$0.29 per share

Norwood Financial Corp Declares Increased Cash Dividend, Payable on February 1, 2023

Third quarter 2022 earnings released: EPS: US$1.00 (vs US$0.85 in 3Q 2021)

Upcoming dividend of US$0.28 per share

Norwood Financial Corp Declares Cash Dividend, Payable November 1, 2022

Norwood Financial declares $0.28 dividend

Second quarter 2022 earnings released: EPS: US$0.84 (vs US$0.70 in 2Q 2021)

Norwood Financial GAAP EPS of $0.84, revenue of $19.38M

Norwood Financial: The Book Value Gets Hit Despite Good Results

Upcoming dividend of US$0.28 per share

Norwood Financial Corp Announces Cash Dividend, Payable on August 1, 2022

First quarter 2022 earnings released: EPS: US$0.87 (vs US$0.68 in 1Q 2021)

Norwood Financial Corp. and Wayne Bank Announces Retirement of Lewis J. Critelli as Chief Executive Officer, Effective May 9, 2022

Now 21% undervalued

William W. Davis, Jr. to Retire as Board Chairman of Norwood Financial Corp and Wayne Bank

Norwood Financial: A 4% Yield With A Sub-40% Payout Ratio

Upcoming dividend of US$0.28 per share

Norwood Financial Corp. and Wayne Bank Announces Management Changes

Norwood Financial (NASDAQ:NWFL) Has Announced That It Will Be Increasing Its Dividend To US$0.28

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Norwood Financial Corp. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2021

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.28 per share

Norwood Financial (NASDAQ:NWFL) Is Increasing Its Dividend To US$0.28

President exercised options and sold US$63k worth of stock

Norwood Financial Corp.: There Is No Reason To Dislike This One

Third quarter 2021 earnings released: EPS US$0.85 (vs US$0.62 in 3Q 2020)

Upcoming dividend of US$0.26 per share

Independent Director recently bought US$253k worth of stock

Norwood Financial Is A Compelling Buy

Executive VP & COO recently bought US$76k worth of stock

Second quarter 2021 earnings released: EPS US$0.70 (vs US$0.24 in 2Q 2020)

Upcoming dividend of US$0.26 per share

Independent Director recently bought US$1.3m worth of stock

Norwood Financial Corp.(NasdaqGM:NWFL) dropped from Russell 3000E Value Index

Independent Director recently bought US$256k worth of stock

First quarter 2021 earnings released: EPS US$0.68 (vs US$0.49 in 1Q 2020)

Shareholders Will Probably Hold Off On Increasing Norwood Financial Corp.'s (NASDAQ:NWFL) CEO Compensation For The Time Being

Upcoming dividend of US$0.26 per share

Norwood Financial Corp. Declares Quarterly Dividend, Payable on May 3, 2021