Norwood Financial earnings reached a record $11.8 million in the third quarter of 2026, with diluted earnings per share of $1.08 exceeding an analyst estimate of $0.95. The parent of Wayne Bank announced the results on October 27 for the quarter ended September 30.

Key Takeaways

  • Net interest income rose to $28 million from $20.5 million a year earlier.
  • The resolution of bankruptcy-related issues with a borrower supported the bank’s net interest margin.
  • Two existing loans connected to the borrower’s bankruptcy had approximately $7.1 million in total exposure.

Norwood Financial earnings and interest income rise

The third quarter marked Norwood’s second consecutive quarter of record net income. Diluted earnings per share increased from $0.89 in the third quarter of 2025 to $1.08.

Net interest income, which reflects interest earned after interest paid, rose to $28 million from $20.5 million a year earlier. It is distinct from total revenue. The bank’s net interest margin reached 4.01%.

Borrower resolution and remaining loan exposure

The resolution of bankruptcy-related issues with a borrower had a positive effect on net interest margin. Two existing loans related to the borrower’s bankruptcy remained, with total exposure of approximately $7.1 million.

Norwood is based in Honesdale, Pennsylvania. Through Wayne Bank, it provides banking and lending services across northeastern Pennsylvania and parts of New York.

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