Norwood Financial
Market Cap
US$202.2m
Last Updated
2021/01/22 00:07 UTC
Data Sources
Company Financials
Executive Summary
Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Norwood Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NWFL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: NWFL's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-10.9%
NWFL
-5.3%
US Banks
1.4%
US Market
1 Year Return
-30.8%
NWFL
-8.4%
US Banks
22.6%
US Market
Return vs Industry: NWFL underperformed the US Banks industry which returned -7.2% over the past year.
Return vs Market: NWFL underperformed the US Market which returned 22.8% over the past year.
Shareholder returns
| NWFL | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.9% | -5.3% | 1.4% |
| 30 Day | -4.7% | 9.9% | 4.9% |
| 90 Day | -0.8% | 29.9% | 14.6% |
| 1 Year | -28.1%-30.8% | -5.0%-8.4% | 25.4%22.6% |
| 3 Year | -16.9%-24.4% | -2.1%-10.5% | 46.8%37.0% |
| 5 Year | 58.0%33.7% | 82.1%59.0% | 132.0%106.1% |
Long-Term Price Volatility Vs. Market
How volatile is Norwood Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Should Income Investors Look At Norwood Financial Corp. (NASDAQ:NWFL) Before Its Ex-Dividend?1 month ago | Simply Wall St
Could Norwood Financial Corp. (NASDAQ:NWFL) Have The Makings Of Another Dividend Aristocrat?2 months ago | Simply Wall St
Here's What We Learned About The CEO Pay At Norwood Financial Corp. (NASDAQ:NWFL)Valuation
Is Norwood Financial undervalued compared to its fair value and its price relative to the market?
25.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NWFL ($24.77) is trading below our estimate of fair value ($33.04)
Significantly Below Fair Value: NWFL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NWFL is poor value based on its PE Ratio (12.7x) compared to the US Banks industry average (12.3x).
PE vs Market: NWFL is good value based on its PE Ratio (12.7x) compared to the US market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NWFL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NWFL's PB Ratio (1.1x) is in line with the US Banks industry average.
Next Steps
Future Growth
How is Norwood Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.8%
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Norwood Financial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Norwood Financial is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Banks industry.
Past Performance
How has Norwood Financial performed over the past 5 years?
19.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWFL has high quality earnings.
Growing Profit Margin: NWFL's current net profit margins (27.7%) are lower than last year (32%).
Past Earnings Growth Analysis
Earnings Trend: NWFL's earnings have grown by 19.8% per year over the past 5 years.
Accelerating Growth: NWFL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NWFL had negative earnings growth (-5.4%) over the past year, making it difficult to compare to the Banks industry average (-4.3%).
Return on Equity
High ROE: NWFL's Return on Equity (6.9%) is considered low.
Next Steps
Financial Health
How is Norwood Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: NWFL's Assets to Equity ratio (9.7x) is low.
Allowance for Bad Loans: NWFL has a sufficient allowance for bad loans (289%).
Low Risk Liabilities: 92% of NWFL's liabilities are made up of primarily low risk sources of funding.
Loan Level: NWFL has an appropriate level of Loans to Assets ratio (76%).
Low Risk Deposits: NWFL's Loans to Deposits ratio (93%) is appropriate.
Level of Bad Loans: NWFL has an appropriate level of bad loans (0.3%).
Next Steps
Dividend
What is Norwood Financial current dividend yield, its reliability and sustainability?
4.20%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NWFL's dividend (4.2%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: NWFL's dividend (4.2%) is in the top 25% of dividend payers in the US market (3.86%)
Stability and Growth of Payments
Stable Dividend: NWFL's dividends per share have been stable in the past 10 years.
Growing Dividend: NWFL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (51.1%), NWFL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.0yrs
Average management tenure
CEO
Lew Critelli (60 yo)
11yrs
Tenure
US$640,266
Compensation
Mr. Lewis J. Critelli, also known as Lew, has been the Chief Executive Officer and President of Norwood Financial Corp. since January 1, 2010. Mr. Critelli has been the Chief Executive Officer and Presiden...
CEO Compensation Analysis
Compensation vs Market: Lew's total compensation ($USD640.27K) is below average for companies of similar size in the US market ($USD989.90K).
Compensation vs Earnings: Lew's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11yrs | US$640.27k | 0.77% $ 1.5m | |
| Executive VP | 10.83yrs | US$343.18k | 0.12% $ 251.2k | |
| Executive VP & Chief Lending Officer | no data | US$334.56k | 0.16% $ 313.9k | |
| Executive VP & COO | 3yrs | US$276.13k | 0.15% $ 306.7k | |
| Senior VP & Retail Lending Manager | no data | US$169.62k | 0.13% $ 254.9k | |
| Executive VP & Chief Credit Officer | 7.25yrs | US$236.47k | 0.22% $ 446.9k |
9.0yrs
Average Tenure
60yo
Average Age
Experienced Management: NWFL's management team is seasoned and experienced (9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11yrs | US$640.27k | 0.77% $ 1.5m | |
| Director Emeritus | no data | US$27.91k | no data | |
| Independent Chairman of the Board | 4yrs | US$77.72k | 0.61% $ 1.2m | |
| Independent Director | 33yrs | US$74.99k | 0.16% $ 321.9k | |
| Independent Director | 16.17yrs | US$76.07k | 0.24% $ 487.2k | |
| Independent Director | 9.67yrs | US$77.22k | 1.63% $ 3.3m | |
| Independent Director | 14.67yrs | US$75.57k | 0.050% $ 100.4k | |
| Independent Vice Chairman of the Board | 4yrs | US$75.57k | 0.21% $ 434.3k | |
| Director | 0.50yr | no data | 1.44% $ 2.9m | |
| Director | 0.50yr | no data | 2.05% $ 4.1m | |
| Independent Director | 5.17yrs | US$76.67k | 0.62% $ 1.3m | |
| Independent Director | 3.58yrs | US$76.12k | 0.051% $ 103.6k |
5.2yrs
Average Tenure
62.5yo
Average Age
Experienced Board: NWFL's board of directors are considered experienced (5.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NWFL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.3%.
Top Shareholders
Company Information
Norwood Financial Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Norwood Financial Corp.
- Ticker: NWFL
- Exchange: NasdaqGM
- Founded: 1870
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$202.245m
- Shares outstanding: 8.16m
- Website: https://www.waynebank.com
Number of Employees
Location
- Norwood Financial Corp.
- 717 Main Street
- Honesdale
- Pennsylvania
- 18431
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NWFL | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Oct 1990 |
Biography
Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services. The company accepts a range of deposit products, including interest-bearing ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 00:07 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.