Norwood Financial Corp. · NASDAQ:NWFL
Norwood Financial — Investor Presentation (August 2024)
16 slides from Norwood Financial's investor presentation, Aug 8, 2024
Slide 1: Norwood Financial Corp Investor Presentation June 30, 2024
Norwood Financial Corp Investor Presentation June 30, 2024 Exhibit 99.1
Slide 2: Forward Looking Statements & Disclaimers
The information disclosed in this document includes various forward-looking statements that are made by Norwood Financial Corp (the “Company”) in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words “anticipates,” “projects,” “intends,” “estimat
Slide 3: Financial Highlights, June 30, 2024: Balance Sheet
Financial Highlights, June 30, 2024 Total Assets of $2.3 billion Increase of $35 million, or 3.18% annualized, in 2024 Increase of $94 million, or 4.39%, over the last twelve months Total Loans of $1.6 billion Increase of $37 million, or 4.6% annualized, in 2024 Increase of $63 million, or 4.0%, ove
Slide 4: Financial Highlights, June 30, 2024: Loan Portfolio
Financial Highlights, June 30, 2024 Commercial Loans Increase of 27 million, or 15.8% annualized, in 2024 Consumer Loans Increase of $7 million, or 1.4% annualized, in 2024 Residential Mortgages Increase of $3 million, or 2.4% annualized, in 2024 Loan Portfolio
Slide 5: Financial Highlights, June 30, 2024: Deposits
Financial Highlights, June 30, 2024 Non-Interest Bearing Demand Deposits Decrease of $21 million in 2024 Non-Maturity, Interest-Bearing Deposits Increase of $11 million, or 3.3% annualized, in 2024 Time Deposits Increase of $41 million, or 11.7% annualized, in 2024 Deposits
Slide 6: Financial Highlights, June 30, 2024: Net Income
Financial Highlights, June 30, 2024 $29,233 $16,759 $17,292 Net Income As of June 30, 2024, our Allowance for Credit Losses represented 1.08% of total loans outstanding and was 233% of total nonperforming loans. *6 months Annualized
Slide 7: A Well Diversified Loan Portfolio: Loan Portfolio Categories
A Well Diversified Loan Portfolio Loan Portfolio Categories *7 individual Office Loans for $5MM representing .3% of total loans
Slide 8: A Well Diversified Loan Portfolio: CRE Concentration vs Office CRE Exposure
A Well Diversified Loan Portfolio CRE Concentration vs Office CRE Exposure
Slide 9: A Well Diversified Loan Portfolio: Loan Portfolio By Industry
A Well Diversified Loan Portfolio Loan Portfolio By Industry This chart shows the breakdown of Wayne Bank’s concentration of credit for those industries that make up over 10% of its capital. The “All Others” category includes 37.92% Retail Loans and 21.60% other Commercial Loan industries. The 37.92
Slide 10: Credit Performance
Credit Performance Total Loans Vs. Percentage of Past Dues (> 30 days)
Slide 11: Deposit Mix: Deposit Growth
Deposit Mix Deposit Growth Total deposits in the banking industry increased by 1.53% in the past twelve months Wayne Bank grew deposits by 5.20% in the past twelve months Banking Industry Source: Board of Governors of the federal Reserve System (US) via fred.stlouisfed.org
Slide 12: Deposit Mix: Deposit Growth Comparison
Deposit Mix Deposit Growth Comparison Business and Public Funds Deposits were maintained while Consumer Deposits grew 4.28% in the past twelve months.
Slide 13: A Legacy of Creating Shareholder Value: The Facts
A Legacy of Creating Shareholder Value 32 consecutive years of increases in cash dividends per share Most recent quarterly dividend of $.30/share paid on May 1, 2024 Market valuation metrics: Price/LTM EPS: 14.4X Price/book: 123% Price/tangible book: 147% Average daily trading volume of nearly 11,00
Slide 14: A Legacy of Creating Shareholder Value: In the Russell 2000 Index
A Legacy of Creating Shareholder Value NWFL reentered the Russell 2000® Index in 2023. NWFL is expected to remain in the Russell 2000® Index in 2024. The Russell 2000® Index encompasses and tracks the performance of the 2,000 largest traded U.S. stocks, based on market capitalization. In the Russell
Slide 15: A Legacy of Creating Shareholder Value: FHLB Pillars of the Community
A Legacy of Creating Shareholder Value Pillar of the Community Awards are the Federal Home Loan Banks highest honor. They are presented to member FI’s who have demonstrated an outstanding commitment to community development as well as effective use of FHLBank’s community products. By utilizing the F
Slide 16: A Legacy of Creating Shareholder Value: Featured in Forbes and Fortune
A Legacy of Creating Shareholder Value Featured in Forbes and Fortune
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