Norwood Financial Corp. · NASDAQ:NWFL
Norwood Financial — Merger or Acquisition (July 2025)
21 slides from Norwood Financial's merger presentation, Jul 7, 2025
Slide 1: Norwood Financial Corp Extends its Pennsylvania Presence with Strategic Acquisition of PB Bankshares, Inc.
Exhibit 99.1 Norwood Financial Corp Extends its Pennsylvania Presence with Strategic Acquisition of PB Bankshares, Inc. J u l y 7 , 2 0 2 5
Slide 2: Forward-looking Statements and Additional Information
Forward-looking Statements and Additional Information 2
Slide 3: Forward-looking Statements and Additional Information
Forward-looking Statements and Additional Information 3
Slide 4: The Combination of Two Highly Complementary Franchises
The Combination of Two Highly Complementary Franchises ▪▪ ▪ ▪ ▪ ▪ 4
Slide 5: Transaction Impacts: Financially Compelling
Transaction Impacts: Financially Compelling Expected Financial Impact Benefits of the Transaction • Expanding NWFL’s footprint into Central & Southeastern Pennsylvania 106.6% 10.3% 10.9% Price / Tangible Book 2026 EPS • Increasing the product offerings across both platforms CET1 Ratio 1 Value Accret
Slide 6: Overview of PB Bankshares, Inc.
Overview of PB Bankshares, Inc. ▪ ▪ ▪ ▪ ▪ ▪ ▪ 6
Slide 7: Transformative Geographical Expansion
Transformative Geographical Expansion The acquisition of PBBK provides Norwood with a strategic foothold in desirable Central and Southeastern Pennsylvania markets. In addition to PBBK’s brick and mortar footprint, the company will provide Norwood with a talented lending team with key commercial rel
Slide 8: Expansion in Desirable Markets
Expansion in Desirable Markets 8
Slide 9: MRQ & Combined Balance Sheet Composition
MRQ & Combined Balance Sheet Composition 9
Slide 10: MRQ & Combined Balance Sheet Composition
MRQ & Combined Balance Sheet Composition 10
Slide 11: Transaction Structure
Transaction Structure • • • • • • • • • • • • • • • 11
Slide 12: Financial Assumptions
Financial Assumptions • • • • • • ➢ ➢ • • • • • • 12
Slide 13: Disciplined Yet Opportunistic Growth Strategy
Disciplined Yet Opportunistic Growth Strategy 13
Slide 14: Thorough Due Diligence Process
Thorough Due Diligence Process • • • • • • • 14
Slide 15: Every toy Belfer
se Every toy Belfer
Slide 16: Tangible Book Value Dilution Reconciliation
Tangible Book Value Dilution Reconciliation 1 1 16
Slide 17: Illustrative PF Net Income & EPS Accretion Reconciliations
Illustrative PF Net Income & EPS Accretion Reconciliations 17
Slide 18: PBBK: Non-GAAP Reconciliations
PBBK: Non-GAAP Reconciliations 18
Slide 19: PBBK: Non-GAAP Reconciliations (Continued)
PBBK: Non-GAAP Reconciliations (Continued) 19
Slide 20: PBBK: Non-GAAP Reconciliations (Continued)
PBBK: Non-GAAP Reconciliations (Continued) 20
Slide 21: Thank You
Thank You Exhibit 99.2
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