Norwood Financial
Market Cap
US$190.2m
Last Updated
2019/10/14 01:16 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.
Snowflake
Fundamentals
Flawless balance sheet with proven track record and pays a dividend.
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
Market Performance
7 Day Return
-0.8%
NWFL
1.4%
US Banks
1.0%
US Market
1 Year Return
-14.2%
NWFL
0.2%
US Banks
6.7%
US Market
Return vs Industry: NWFL underperformed the US Banks industry which returned 0.2% over the past year.
Return vs Market: NWFL underperformed the US Market which returned 6.7% over the past year.
Share holder returns
| NWFL | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.8% | 1.4% | 1.0% |
| 30 Day | -7.6% | -2.6% | -1.8% |
| 90 Day | -12.5% | 0.8% | -1.8% |
| 1 Year | -11.6%-14.2% | 3.1%0.2% | 9.1%6.7% |
| 3 Year | 74.6%59.7% | 52.0%41.5% | 46.1%36.6% |
| 5 Year | 90.9%60.3% | 69.7%51.2% | 66.9%48.6% |
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
Norwood Financial Corp. (NASDAQ:NWFL) Looks Like A Good Stock, And It's Going Ex-Dividend Soon2 weeks ago | Simply Wall St
Could The Norwood Financial Corp. (NASDAQ:NWFL) Ownership Structure Tell Us Something Useful?1 month ago | Simply Wall St
I Ran A Stock Scan For Earnings Growth And Norwood Financial (NASDAQ:NWFL) Passed With EaseValuation
Is Norwood Financial undervalued based on future cash flows and its price relative to the stock market?
13.84x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Undervalued: NWFL ($30.4) is trading above our estimate of fair value ($17.73)
Significantly Undervalued: NWFL is trading above our estimate of fair value.
Price Based on Earnings
PE vs Industry: NWFL is poor value based on its PE Ratio (13.8x) compared to the Banks industry average (12.5x).
PE vs Market: NWFL is good value based on its PE Ratio (13.8x) compared to the US market (17.5x).
Price Based on Expected Growth
Low PEG Ratio: Insufficient data to calculate NWFL's PEG Ratio to determine if it is good value.
Price Based on Value of Assets
PB vs Industry: NWFL is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is Norwood Financial expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
2.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Earnings vs Savings Rate: NWFL's forecast earnings growth (2.5% per year) is below the savings rate (2.7%).
Earnings vs Market: NWFL's earnings (2.5% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: NWFL's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if NWFL's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if NWFL's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Estimates
Future Return on Equity
High Future ROE: Insufficient data to determine if NWFL's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Norwood Financial performed over the past 5 years?
13.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: NWFL's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: NWFL's earnings growth over the past year (40.9%) exceeds its 5-year average (13.4% per year).
Earnings vs Industry: NWFL earnings growth over the past year (40.9%) exceeded the Banks industry 31.8%.
Return on Equity
High ROE: NWFL's Return on Equity (10.4%) is considered low.
Return on Assets
ROA vs Industry: NWFL has a higher Return on Assets than the Banks industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate NWFL's Return on Capital Employed to determine if it has improved over the past 3 years.
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
Inventory Level: NWFL has a low level of unsold assets or inventory.
Debt Coverage by Assets: NWFL's debt is not covered by short term assets (assets are 0.3x debt).
Financial Institutions Analysis
Asset Level: NWFL's level of assets compared to its equity is low.
Allowance for Bad Loans: NWFL has a sufficient allowance for bad loans.
Low Risk Liabilities: NWFL's liabilities are made up of primarily low risk sources of funding.
Loan Level: NWFL has an acceptable proportion of non-loan assets held.
Low Risk Deposits: NWFL's loans are broadly funded by customer deposits.
Level of Bad Loans: NWFL has an appropriate level of bad loans (0.15%)
Next Steps
Dividend
What is Norwood Financial's current dividend yield, its reliability and sustainability?
3.16%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Dividend Yield and Payments Analysis
Notable Dividend: NWFL's dividend (3.16%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: NWFL's dividend (3.16%) is low compared to the top 25% of dividend payers in the US market (3.77%).
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 reasonably low payout ratio (42.8%), NWFL's dividend payments are well 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
What is the CEO of Norwood Financial's salary, the management and board of directors tenure and is there insider trading?
7.8yrs
Average management tenure
CEO
Lew Critelli (59yo)
9.8yrs
Tenure
US$581,879
Compensation
Mr. Lewis J. Critelli, also known as Lew, has been the Chief Executive Officer and President of Norwood Financial Corp. since January 1, 2010. Mr. Critelli has been the Chief Executive Officer and Presiden ...
CEO Compensation Analysis
Compensation vs. Market: Lew's total compensation ($USD581.88K) is below average for companies of similar size in the US market ($USD1.17M).
Compensation vs Earnings: Lew's compensation has been consistent with company performance over the past year.
Management Age and Tenure
7.8yrs
Average Tenure
59yo
Average Age
Experienced Management: NWFL's management team is seasoned and experienced (7.8 years average tenure).
Board Age and Tenure
8.4yrs
Average Tenure
61.5yo
Average Age
Experienced Board: NWFL's board of directors are considered experienced (8.4 years average tenure).
Insider Trading
Insider Buying: NWFL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 500 |
| Max Price | US$32.36 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 175 |
| Max Price | US$32.24 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 1,340 |
| Max Price | US$31.83 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 300 |
| Max Price | US$29.87 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman of the Board |
| Shares | 400 |
| Max Price | US$29.48 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 250 |
| Max Price | US$29.30 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 1,030 |
| Max Price | US$29.34 |
| Entity | Individual |
| Role | Chief Operating Officer Executive VP & COO |
| Shares | 1,000 |
| Max Price | US$37.00 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman of the Board |
| Shares | 69 |
| Max Price | US$37.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 4,150 |
| Max Price | US$36.18 |
Ownership Breakdown
Management Team
Lew Critelli (59yo)
President
- Tenure: 9.8yrs
- Compensation: US$581.88k
John Sanders (62yo)
Senior Vice President
- Tenure: 0yrs
- Compensation: US$109.12k
Bill Lance (59yo)
Executive VP
- Tenure: 9.6yrs
- Compensation: US$319.03k
John Carmody (49yo)
Executive VP & Chief Credit Officer
- Tenure: 6yrs
- Compensation: US$236.47k
Bob Mancuso (62yo)
Executive VP & COO
- Tenure: 2.8yrs
- Compensation: US$276.13k
Jim Burke (50yo)
Executive VP & Chief Lending Officer
- Tenure: 0yrs
- Compensation: US$310.34k
Board Members
Russell Ridd (90yo)
Director Emeritus
- Tenure: 0yrs
- Compensation: US$27.91k
Bill Davis (75yo)
Chairman of the Board
- Tenure: 2.8yrs
- Compensation: US$71.35k
Lew Critelli (59yo)
President
- Tenure: 9.8yrs
- Compensation: US$581.88k
Kenneth Phillips (69yo)
Director
- Tenure: 31.8yrs
- Compensation: US$67.37k
Ralph Matergia (70yo)
Director
- Tenure: 14.9yrs
- Compensation: US$69.87k
Kevin Lamont (60yo)
Director
- Tenure: 8.4yrs
- Compensation: US$71.40k
Susan Campfield (62yo)
Director
- Tenure: 13.4yrs
- Compensation: US$68.40k
Andy Forte (61yo)
Vice Chairman of the Board
- Tenure: 2.8yrs
- Compensation: US$69.90k
Joe Adams (56yo)
Director
- Tenure: 3.9yrs
- Compensation: US$69.90k
Meg Hungerford (42yo)
Director
- Tenure: 2.3yrs
- Compensation: US$68.93k
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: 1871
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$190.228m
- Shares outstanding: 6.26m
- 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 | 2019/10/14 01:16 |
| End of Day Share Price | 2019/10/11 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.