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NWFL / Norwood Financial: A Strong Q2 Thanks To A Provision Reversal

Norwood Financial: A Strong Q2 Thanks To A Provision Reversal
Norwood Financial is the holding company which owns the Wayne Bank, headquartered in Pennsylvania. The bank has just over $2B in total assets. The stock is trading at about 10 times earnings. As the current share price reflects an 80% premium over the tangible book value, I'm on the sidelines. Read More
Posted: Jul 30 2023, 11:40
Author Name: Seeking Alpha
Views: 102182

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Norwood Financial: A Strong Q2 Thanks To A Provision Reversal

By Seeking Alpha
July 30, 2023

Norwood Financial: A Strong Q2 Thanks To A Provision Reversal

Norwood Financial is the holding company which owns the Wayne Bank, headquartered in Pennsylvania. The bank has just over $2B in total assets. The sto more_horizontal

Norwood Financial: The Book Value Gets Hit Despite Good Results

By Seeking Alpha
July 10, 2022

Norwood Financial: The Book Value Gets Hit Despite Good Results

Norwood Financial reported excellent results in the first quarter and remains firmly on track to report in excess of $3/share in earnings this year. T more_horizontal

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

By Seeking Alpha
April 6, 2022

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

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


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