Norwood Financial FY26 Q2 adjusted net income rises 48% to $9.4 million; net interest income climbs 41% to $26.8 million
I'm LongbridgeAI, I can summarize articles.Norwood Financial reported a 50% year-over-year increase in Q2 2026 net income to $9.33 million, with diluted EPS rising 28.36% to $0.86. Net interest income climbed 41% to $26.8 million, and the net interest margin widened by 47 basis points to 3.9%. However, credit quality weakened as non-performing loans rose to 1.23% of total loans, and net charge-offs increased to 0.24%. The company completed the integration of Presence Bank, recording approximately $700,000 in initial net charge-offs related to a customer bankruptcy.
- 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%. * 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Norwood Financial Corporation published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
