NWFL
Norwood Financial Corp.
NWFL's fundamentals are strong: revenue grew 67% and its operating margin rose 23 points to 37%. At 12x earnings, it's trading right at its usual valuation. Analysts expect earnings growth.
NWFL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
NWFL's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like NWFL.
NWFL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.8x | $27.39 | -24% |
| Forward | 9.3x | $35.99 | — |
| Fair | 11x | $35.46 | -1.5% |
| Current | 12x | $35.99 | — |
| Expensive | 17x | $54.03 | +50% |
Historical ranges are pointers, not guarantees.
NWFL's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 9.3x next year's earnings, in its cheap range.
NWFL Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for NWFL, with profitability holding steady.
NWFL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.87 | +24% |
| Q3 2026 | $3.11 | +402% |
| Q2 2026 | $2.92 | +1290% |
| Q1 2026 | $2.73 | +4450% |
| Q4 2025 | $3.01 | +$3.03 |
| Q3 2025 | $0.62 | -61% |
| Q2 2025 | $0.21 | -87% |
| Q1 2025 | $0.06 | -97% |
| Q4 2024 | -$0.02 | -101% |
NWFL earned $3.11 per share over the past year, about five times what it earned the year before.
NWFL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $30.9M | +35% |
| Q2 2026 | $29.4M | +38% |
| Q1 2026 | $27.3M | +35% |
| Q4 2025 | $23.5M | +1113% |
| Q3 2025 | $23M | +26% |
| Q2 2025 | $21.3M | +24% |
| Q1 2025 | $20.2M | +21% |
| Q4 2024 | $1.9M | -89% |
NWFL's revenue has grown year over year for seven quarters in a row: $31M last quarter, up 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 49% | +3.5 points |
| Q2 2026 | 40% | +2.9 points |
| Q1 2026 | 18% | -18 points |
| Q4 2025 | 40% | +871 points |
| Q3 2025 | 46% | +19 points |
| Q2 2025 | 37% | +5.6 points |
| Q1 2025 | 36% | +2.5 points |
| Q4 2024 | -831% | -833 points |
NWFL's operating margin was 49% last quarter, up 3.5 points from the same quarter a year ago, near the top of its range since 2019.
NWFL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.2M | +119% |
| Q2 2026 | $8.4M | +66% |
| Q1 2026 | $5.5M | -32% |
| Q4 2025 | $7.7M | +131% |
| Q3 2025 | $8.3M | +104% |
| Q2 2025 | $5.1M | -41% |
| Q1 2025 | $8.2M | +121% |
| Q4 2024 | $3.3M | -42% |
NWFL's free cash flow was $40M over the past year, up 60% from the year before. Free cash flow isn't a meaningful measure for financial services companies like NWFL.
NWFL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +66.3K shares |
| 1 year | +17% | +1.6M shares |
| 3 years | +36% | +2.9M shares |
| 5 years | +33% | +2.7M shares |
| Available history | +72% | +4.6M shares |
NWFL has 11M diluted shares, up 17% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2025 | $12,000 |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $349,000 |
| Q4 2024 | $27,000 |
| Q3 2024 | $96,000 |
| Q4 2023 | $23,000 |
NWFL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.8x | Very low |
| Q4 2025 | -0.5x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q4 2024 | 76.4x | High |
| Q3 2024 | 0.3x | Very low |
| Q2 2024 | 1.8x | Healthy |
| Q1 2024 | 1.9x | Healthy |
| Q4 2023 | 2.0x | Moderate |
NWFL's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like NWFL.
NWFL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 67.8 | Neutral |
| Stochastic | 65.5 | Neutral |
NWFL's weekly RSI is 68 (neutral) and its Stochastic is 65 (neutral).
NWFL PE vs Financial Services Sector
| Metric | NWFL | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 11% below |
| PE % | 52 | 63 | 11 pts below |
NWFL is trading at 12x earnings, a 11% discount to the Financial Services sector's median of 13x.
NWFL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.6 | 4.1% above |
| 20 week MA | $33.9 | 6.2% above |
| 50 week MA | $31.5 | 14% above |
| 100 week MA | $28.6 | 26% above |
| 200 week MA | $28.4 | 27% above |
NWFL is in an uptrend: it's above all five of its weekly moving averages, and 27% above its 200-week average.
NWFL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.3 | $26.4 | -33% |
| 2021 | $26.4 | $26.0 | -1.4% |
| 2022 | $26.0 | $33.1 | +27% |
| 2023 | $33.1 | $32.9 | -0.6% |
| 2024 | $32.9 | $26.8 | -19% |
| 2025 | $26.8 | $28.4 | +6.1% |
| 2026 YTD | $28.4 | $36.0 | +27% |
NWFL has finished lower in four of the last six years. It's up 27% so far in 2026.