Norwood Financial Corp. · NASDAQ:NWFL
Norwood Financial — Investor Presentation (November 2023)
16 slides from Norwood Financial's investor presentation, Nov 13, 2023
Slide 1: Norwood Financial Corp Investor Presentation September 30, 2023
Norwood Financial Corp Investor Presentation September 30, 2023 Exhibit 99.1
Slide 2: Forward-looking statements
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: Balance Sheet
Financial Highlights, September 30, 2023 Total Assets of $2.2 billion Increase of $161 million over last twelve months Increase of $133 million in 2023 Total Loans of $1.6 billion Increase of $179 million over last twelve months Increase of $137 million in 2023 Total Deposits of $1.7 billion Decreas
Slide 4: Financial Highlights: Loan Portfolio
Financial Highlights, September 30, 2023 Commercial Loans Increase of $59 million over last twelve months Increase of $50 million in 2023 Consumer Loans Increase of $99 million over last twelve months Increase of $70 million in 2023 Residential Mortgages Increase of $21 million over last twelve mont
Slide 5: Financial Highlights: Deposits
Financial Highlights, September 30, 2023 Demand Deposits Decrease of $23 million over last twelve months Decrease of $4 million in 2023 NOW, Money Market, Savings Decrease of $156 million over last twelve months Decrease of $98 million in 2023 CD’s Increase of $158 million over last twelve months In
Slide 6: Financial Highlights: Net Income
Financial Highlights, September 30, 2023 $24,915 $29,233 $21,873 Net Income *9 months Annualized
Slide 7: Financial Highlights: Peer Comparison
Financial Highlights, September 30, 2023 WAYNE BANK NATIONAL PEER Return on Assets 1.03% 1.11% Return on Equity 13.30% 12.88% Dividend Payout Ratio 41.85% 28.93% Net Interest Margin 3.09% 3.40% Loans to Deposits 91.27% 82.03% Efficiency Ratio 60.62% 62.14% Overhead Expense Ratio 1.97% 2.40% Average
Slide 8: 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 9: A Well Diversified Loan Portfolio: Loan Portfolio By Industry
A Well Diversified Loan Portfolio Loan Portfolio By Industry
Slide 10: Credit Performance
Credit Performance Total Loans Vs. Percentage of Past Dues (> 30 days)
Slide 11: Deposit Mix
Deposit Mix FINANCIAL CORP Deposit G $17,800.00 $17,700.00 > i - ; eae L eine sramnmoe Nw L _ \ TF ay, $1,760,000,000.00 —— $17,300.00 $1,740,000,000.00 $17,200.00 1,720,000 0. $17,100.00 $17,000.00 $1,700,000,000.00 1/2023 2/2023, 3/2023 4/2023 5/2023 6/2023, 7/2023, 8/2023 9/2023 Wayne Bank ~=—— B
Slide 12: Deposit Mix: Deposit Growth Comparison
Deposit Mix Deposit Growth Comparison
Slide 13: A Legacy of Creating Shareholder Value: The Facts
A Legacy of Creating Shareholder Value 31 consecutive years of increases in cash dividends per share Most recent quarterly dividend of $.29/share payable on November 1, 2023 Market valuation metrics: Price/LTM EPS: 8.8X Price/book: 121% Price/tangible book: 146% Average daily trading volume of nearl
Slide 14: A Legacy of Creating Shareholder Value: In the Russell 3000 Index
A Legacy of Creating Shareholder Value NWFL entered the Russell 3000® Index on 6/23/2023. On 6/23/2023, NWFL had the highest level of stock trades in a single day in its history. The Russell 3000® Index encompasses and tracks the performance of the 3,000 largest traded U.S. stocks, based on market c
Slide 15: A Top 25 Best U.S. Bank
A Legacy of Creating Shareholder Value Ranked #20 in the Top 25 Banks in the U.S. by Bank Director Magazine. Also ranked #10 out of 122 banks in the $2 billion to $5 billion asset size category, which is up from #71 rank in 2022 Evaluated on profitability, capital adequacy, asset quality, and total
Slide 16: A Top 100 Performing U.S. Bank
A Legacy of Creating Shareholder Value Ranked #84 out of 200 banks in the $2 billion to $10 billion asset size category by American Banker. Evaluated on profitability, efficiency, capital adequacy, and asset quality based on a 3-year average return. A Top 100 Performing U.S. Bank
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