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Norwood Financial (NWFL) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

Norwood Financial Revenue Highlights

Latest Revenue (Y)

$112.58M

Latest Revenue (Q)

$30.77M

Main Segment (Y)

Debit Card

Norwood Financial Revenue by Period

Norwood Financial Revenue by Year

DateRevenueChange
2024-12-31$112.58M74.16%
2023-12-31$64.64M-17.47%
2022-12-31$78.33M6.37%
2021-12-31$73.64M26.40%
2020-12-31$58.26M28.36%
2019-12-31$45.38M3.37%
2018-12-31$43.90M4.99%
2017-12-31$41.82M23.84%
2016-12-31$33.77M15.57%
2015-12-31$29.22M-1.52%
2014-12-31$29.67M-2.00%
2013-12-31$30.28M1.02%
2012-12-31$29.97M9.69%
2011-12-31$27.32M15.15%
2010-12-31$23.73M-3.15%
2009-12-31$24.50M8.95%
2008-12-31$22.49M8.14%
2007-12-31$20.80M5.21%
2006-12-31$19.77M5.08%
2005-12-31$18.81M7.14%
2004-12-31$17.56M4.42%
2003-12-31$16.82M-0.83%
2002-12-31$16.95M3.66%
2001-12-31$16.36M5.14%
2000-12-31$15.56M11.11%
1999-12-31$14.00M5.26%
1998-12-31$13.30M2.31%
1997-12-31$13.00M265.96%
1996-12-31$3.55M115.76%
1995-12-31$1.65M-

Norwood Financial generated $112.58M in revenue during NA 2024, up 74.16% compared to the previous quarter, and up 248.06% compared to the same period a year ago.

Norwood Financial Revenue by Quarter

DateRevenueChange
2024-09-30$30.77M3.05%
2024-06-30$29.86M3.18%
2024-03-31$28.94M2.67%
2023-12-31$28.19M62.53%
2023-09-30$17.34M-0.46%
2023-06-30$17.43M-3.22%
2023-03-31$18.00M-6.02%
2022-12-31$19.16M-5.84%
2022-09-30$20.35M4.98%
2022-06-30$19.38M-0.29%
2022-03-31$19.44M4.98%
2021-12-31$18.52M-3.14%
2021-09-30$19.12M4.81%
2021-06-30$18.24M2.67%
2021-03-31$17.77M-2.79%
2020-12-31$18.27M5.02%
2020-09-30$17.40M54.56%
2020-06-30$11.26M-0.53%
2020-03-31$11.32M-1.82%
2019-12-31$11.53M-2.07%
2019-09-30$11.77M4.62%
2019-06-30$11.25M3.90%
2019-03-31$10.83M-1.80%
2018-12-31$11.03M-3.13%
2018-09-30$11.38M3.60%
2018-06-30$10.99M4.65%
2018-03-31$10.50M-1.29%
2017-12-31$10.64M-0.84%
2017-09-30$10.73M4.03%
2017-06-30$10.31M1.70%
2017-03-31$10.14M2.00%
2016-12-31$9.94M10.84%
2016-09-30$8.97M17.75%
2016-06-30$7.62M5.18%
2016-03-31$7.24M-1.17%
2015-12-31$7.33M2.86%
2015-09-30$7.12M-0.81%
2015-06-30$7.18M-5.33%
2015-03-31$7.59M2.06%
2014-12-31$7.43M0.23%
2014-09-30$7.42M-2.72%
2014-06-30$7.62M5.90%
2014-03-31$7.20M-3.45%
2013-12-31$7.46M-0.41%
2013-09-30$7.49M1.77%
2013-06-30$7.36M-7.80%
2013-03-31$7.98M10.87%
2012-12-31$7.20M-8.25%
2012-09-30$7.84M5.23%
2012-06-30$7.45M-0.33%
2012-03-31$7.48M3.09%
2011-12-31$7.25M-6.63%
2011-09-30$7.77M23.10%
2011-06-30$6.31M5.38%
2011-03-31$5.99M1.05%
2010-12-31$5.93M-0.45%
2010-09-30$5.95M1.81%
2010-06-30$5.85M-2.52%
2010-03-31$6.00M-11.15%
2009-12-31$6.75M16.74%
2009-09-30$5.78M-3.65%
2009-06-30$6.00M0.69%
2009-03-31$5.96M6.14%
2008-12-31$5.62M-2.30%
2008-09-30$5.75M3.85%
2008-06-30$5.54M-0.90%
2008-03-31$5.59M6.14%
2007-12-31$5.26M-

Norwood Financial generated $30.77M in revenue during Q3 2024, up 3.05% compared to the previous quarter, and up 176.60% compared to the same period a year ago.

Norwood Financial Revenue Breakdown

Norwood Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Financial Service Other$626.00K$667.00K$1.91M$674.00K$540.00K
Gains On Sales Of Other Real Estate Owned$32.00K$80.00K$427.00K--
Loan Related Service Fees$690.00K$584.00K$849.00K$1.24M$1.29M
Overdraft Fees$1.42M$1.34M$1.16M$1.03M$985.00K
Safe Deposit Box Rental$88.00K$92.00K$93.00K$100.00K$102.00K
Deposit Account$453.00K$428.00K$419.00K$398.00K$377.00K
Fiduciary Activities$943.00K$898.00K$845.00K$748.00K$682.00K
Debit Card$2.31M$2.30M$2.50M$2.23M$1.66M
Commissions On Mutual Funds And Annuities$407.00K$296.00K$119.00K$127.00K$122.00K
Atm Fees$424.00K$446.00K$452.00K$443.00K$457.00K

Norwood Financial's latest annual revenue breakdown by segment (product or service), as of Dec 24: Debit Card (31.27%), Overdraft Fees (19.22%), Fiduciary Activities (12.74%), Loan Related Service Fees (9.33%), Financial Service Other (8.46%), Deposit Account (6.12%), Atm Fees (5.73%), Commissions On Mutual Funds And Annuities (5.50%), Safe Deposit Box Rental (1.19%), and Gains On Sales Of Other Real Estate Owned (0.43%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Atm Fees$206.00K$112.00K$106.00K$114.00K$120.00K$106.00K$106.00K$112.00K$127.00K$108.00K$105.00K$110.00K$125.00K$107.00K$101.00K$103.00K$155.00K$104.00K$95.00K$97.00K
Loan Related Service Fees$431.00K$128.00K$131.00K$154.00K$146.00K$131.00K$153.00K$223.00K$104.00K$252.00K$269.00K$275.00K$314.00K$404.00K$245.00K$824.00K$282.00K$82.00K$100.00K$163.00K
Safe Deposit Box Rental$41.00K$23.00K$24.00K$21.00K$23.00K$22.00K$26.00K$23.00K$24.00K$23.00K$22.00K$23.00K$24.00K$25.00K$27.00K$23.00K$26.00K$24.00K$29.00K$23.00K
Gains On Sales Of Other Real Estate Owned-$32.00K$67.00K$13.00K---$427.00K------------
Commissions On Mutual Funds And Annuities$208.00K$131.00K$68.00K$67.00K$167.00K$36.00K$26.00K$21.00K$31.00K$26.00K$41.00K$29.00K$34.00K$29.00K$36.00K$33.00K$26.00K$26.00K$38.00K$30.00K
Debit Card$1.20M$590.00K$526.00K$575.00K$591.00K$576.00K$559.00K$617.00K$624.00K$627.00K$628.00K$567.00K$584.00K$586.00K$492.00K$502.00K$443.00K$366.00K$344.00K$357.00K
Deposit Account$228.00K$113.00K$112.00K$107.00K$108.00K$110.00K$103.00K$107.00K$107.00K$106.00K$99.00K$104.00K$99.00K$98.00K$97.00K$99.00K$93.00K$89.00K$96.00K$96.00K
Fiduciary Activities$449.00K$256.00K$238.00K$211.00K$246.00K$229.00K$212.00K$211.00K$219.00K$214.00K$202.00K$198.00K$209.00K$181.00K$160.00K$149.00K$205.00K$175.00K$153.00K$156.00K
Financial Service Other$317.00K$158.00K$151.00K$147.00K$174.00K$174.00K$172.00K$146.00K$345.00K$351.00K$1.06M$188.00K$160.00K$171.00K$154.00K$149.00K$152.00K$106.00K$132.00K$121.00K
Overdraft Fees$704.00K$363.00K$355.00K$348.00K$334.00K$342.00K$320.00K$246.00K$305.00K$316.00K$288.00K$296.00K$275.00K$230.00K$228.00K$270.00K$224.00K$148.00K$344.00K$363.00K

Norwood Financial's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Debit Card (31.68%), Overdraft Fees (18.61%), Fiduciary Activities (11.87%), Loan Related Service Fees (11.40%), Financial Service Other (8.38%), Deposit Account (6.03%), Commissions On Mutual Funds And Annuities (5.50%), Atm Fees (5.45%), and Safe Deposit Box Rental (1.08%).

Norwood Financial Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FSBWFS Bancorp$184.84M$47.04M
HBCPHome Bancorp$184.77M$51.02M
NWFLNorwood Financial$112.58M$30.77M
FNWBFirst Northwest Bancorp$112.34M$28.21M
ESSAESSA Bancorp$111.57M$26.37M
OVLYOak Valley Bancorp$78.21M$19.50M
FFNWFirst Financial Northwest$77.37M$20.09M
FNWDFinward Bancorp$71.60M$22.47M
CWBCCommunity West Bancshares$61.39M$27.26M
OPOFOld Point Financial$60.91M$21.99M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$7.66M
RBKBRhinebeck Bancorp$25.91M$6.01M
FCCOFirst Community$14.00M$26.72M
CHMGChemung Financial-$21.28M

NWFL Revenue FAQ

What is Norwood Financial’s yearly revenue?

Norwood Financial's yearly revenue for 2024 was $112.58M, representing an increase of 74.16% compared to 2023. The company's yearly revenue for 2023 was $64.64M, representing a decrease of -17.47% compared to 2022. NWFL's yearly revenue for 2022 was $78.33M, representing an increase of 6.37% compared to 2021.

What is Norwood Financial’s quarterly revenue?

Norwood Financial's quarterly revenue for Q3 2024 was $30.77M, a 3.05% increase from the previous quarter (Q2 2024), and a 77.42% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $29.86M, a 3.18% increase from the previous quarter (Q1 2024), and a 71.38% increase year-over-year (Q2 2023). NWFL's quarterly revenue for Q1 2024 was $28.94M, a 2.67% increase from the previous quarter (Q4 2023), and a 60.76% increase year-over-year (Q1 2023).

What is Norwood Financial’s revenue growth rate?

Norwood Financial's revenue growth rate for the last 3 years (2022-2024) was 43.73%, and for the last 5 years (2020-2024) was 93.25%.

What are Norwood Financial’s revenue streams?

Norwood Financial's revenue streams in c 24 are Financial Service Other, Gains On Sales Of Other Real Estate Owned, Loan Related Service Fees, Overdraft Fees, Safe Deposit Box Rental, Deposit Account, Fiduciary Activities, Debit Card, Commissions On Mutual Funds And Annuities, and Atm Fees. Financial Service Other generated $626K in revenue, accounting 8.46% of the company's total revenue, down -6.15% year-over-year. Gains On Sales Of Other Real Estate Owned generated $32K in revenue, accounting 0.43% of the company's total revenue, down -60.00% year-over-year. Loan Related Service Fees generated $690K in revenue, accounting 9.33% of the company's total revenue, up 18.15% year-over-year. Overdraft Fees generated $1.42M in revenue, accounting 19.22% of the company's total revenue, up 5.80% year-over-year. Safe Deposit Box Rental generated $88K in revenue, accounting 1.19% of the company's total revenue, down -4.35% year-over-year. Deposit Account generated $453K in revenue, accounting 6.12% of the company's total revenue, up 5.84% year-over-year. Fiduciary Activities generated $943K in revenue, accounting 12.74% of the company's total revenue, up 5.01% year-over-year. Debit Card generated $2.31M in revenue, accounting 31.27% of the company's total revenue, up 0.56% year-over-year. Commissions On Mutual Funds And Annuities generated $407K in revenue, accounting 5.50% of the company's total revenue, up 37.50% year-over-year. Atm Fees generated $424K in revenue, accounting 5.73% of the company's total revenue, down -4.93% year-over-year.

What is Norwood Financial’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Norwood Financial was Debit Card. This segment made a revenue of $2.31M, representing 31.27% of the company's total revenue.