Norwood Financial Corp. · NASDAQ:NWFL
Norwood Financial — Shareholder Meeting (April 2025)
18 slides from Norwood Financial's shareholder meeting presentation, Apr 22, 2025
Slide 1: Annual Shareholders' Virtual Meeting
April 22, 2025 Annual Shareholders’ Virtual Meeting Exhibit 99.1
Slide 2: Forward-Looking Statements
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,” “pro
Slide 3: Agenda
Agenda 2024 Results Financial Strength and Stability Q1 2025 Results Employee Recognition 2025 Outlook
Slide 4: 2024 Results and Milestones
2024 Results and Milestones Njerwa CORP
Slide 5: 2024 Financial Results
2024 results exclude the one-time $20 million net realized loss incurred in the fourth quarter as a result of the repositioning of our investment portfolio. Please see “Non-GAAP Financial Measures” for a reconciliation of all non-GAAP financial measures. Adjusted net income1 decreased 6.9%, or $0.14
Slide 6: Key Performance Indicators: Performance Ratios / Balance Sheet
See appendix for Non-GAAP Reconciliation Key Performance Indicators: Performance Ratios / Balance Sheet Returns decreased in 2024 before increasing in Q1 2025 as our portfolio repositioning has improved yields and performance Total assets improved 5.3% to $2.3 billion Total Loans increased $110 mill
Slide 7: Net Interest Margin
Net Interest Margin Net interest margin decreased 15 basis points vs. the prior quarter due to higher deposit costs before the Federal Reserve cut interest rates During 2024 the net interest margin began to turn higher during the 2nd half of the year Our Efficiency Ratio increased over 2023 due to o
Slide 8: Dividend Payout
Dividend Payout Increased cash dividend 3.33% in the fourth quarter of 2024 Dividend yield improved to 4.56% 33 consecutive years of annual dividend increases
Slide 9: Capital Strength
Capital Strength We remain a well-capitalized bank after repositioning the portfolio for improved future performance In 2021, program announced to buy back up to 5% of outstanding shares; in 2024, over 16,000 shares of stock were repurchased Our capital base remains above “Well-Capitalized” targets
Slide 10: Q1 2025 Results
2024 results exclude the one-time $20 million net realized loss incurred in the fourth quarter as a result of the repositioning of our investment portfolio. Please see “Non-GAAP Financial Measures” for a reconciliation of all non-GAAP financial measures. Net income increased to $0.63 per share, prim
Slide 11: Employee Leadership: Our People Drive Our Success
Employee Leadership: Our People Drive Our Success Promotions Steven Daniels, Executive Vice President and Director of Consumer Banking Ryan French to Executive Vice President and Director of Human Resources Tracie Young to Executive Vice President and Director of Risk Matthew Murphy, Senior Vice Pre
Slide 12: Employee Leadership: Management and Board Appointments
Employee Leadership: Management and Board Appointments Board of Directors New Board member: Ronald R. Schmalzle; successful businessperson; Pike County Commissioner and President, Co-Owner, and General Manager of Recreation Management Corp,, consultant and former Executive Director for Camping Manag
Slide 13: 2025 Outlook: Building Momentum to a Brighter Future
We are in a great position to build on our 154-year legacy of trust and excellence We made significant progress in 2024, repositioning our portfolio to improve future performance and ensuring we can continue to provide: Strength. Security. Stability. We continue to pursue strategies that help us bet
Slide 14: Thank You
Thank You Njerwa CORP
Slide 15: Appendix
Appendix Njerwa CORP
Slide 16: Non-GAAP Financial Measures
Non-GAAP Financial Measures
Slide 17: Non-GAAP Financial Measures
Non-GAAP Financial Measures
Slide 18: Non-GAAP Financial Measures
Non-GAAP Financial Measures