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Norwood Financial (NWFL) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

Norwood Financial Revenue Highlights

Latest Revenue (Y)

$103.53M

Latest Revenue (Q)

$30.77M

Main Segment (Y)

Debit Card

Norwood Financial Revenue by Period

Norwood Financial Revenue by Year

DateRevenueChange
2023-12-31$103.53M32.18%
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 $103.53M in revenue during NA 2023, up 32.18% compared to the previous quarter, and up 235.82% 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 23Dec 22Dec 21Dec 20Dec 19
Commissions On Mutual Funds And Annuities$296.00K$119.00K$127.00K$122.00K$141.00K
Debit Card$2.30M$2.50M$2.23M$1.66M$1.42M
Deposit Account$428.00K$419.00K$398.00K$377.00K$301.00K
Fiduciary Activities$898.00K$845.00K$748.00K$682.00K$610.00K
Financial Service Other$667.00K$1.91M$674.00K$540.00K$500.00K
Gains On Sales Of Other Real Estate Owned$80.00K$427.00K---
Safe Deposit Box Rental$92.00K$93.00K$100.00K$102.00K$94.00K
Overdraft Fees$1.34M$1.16M$1.03M$985.00K$1.38M
Loan Related Service Fees$584.00K$849.00K$1.24M$1.29M$614.00K
Atm Fees$446.00K$452.00K$443.00K$457.00K$384.00K

Norwood Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Debit Card (32.24%), Overdraft Fees (18.83%), Fiduciary Activities (12.58%), Financial Service Other (9.35%), Loan Related Service Fees (8.18%), Atm Fees (6.25%), Deposit Account (6.00%), Commissions On Mutual Funds And Annuities (4.15%), Safe Deposit Box Rental (1.29%), and Gains On Sales Of Other Real Estate Owned (1.12%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Atm Fees$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$106.00K
Commissions On Mutual Funds And Annuities$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$30.00K
Debit Card$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$370.00K
Deposit Account$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$72.00K
Fiduciary Activities$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$167.00K
Financial Service Other$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$143.00K
Gains On Sales Of Other Real Estate Owned$32.00K$67.00K$13.00K---$427.00K-------------
Loan Related Service Fees$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$228.00K
Overdraft Fees$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$323.00K
Safe Deposit Box Rental$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$22.00K

Norwood Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Debit Card (30.95%), Overdraft Fees (19.05%), Fiduciary Activities (13.43%), Financial Service Other (8.29%), Commissions On Mutual Funds And Annuities (6.87%), Loan Related Service Fees (6.72%), Deposit Account (5.93%), Atm Fees (5.88%), Gains On Sales Of Other Real Estate Owned (1.68%), and Safe Deposit Box Rental (1.21%).

Norwood Financial Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FSBWFS Bancorp$187.78M$47.04M
HBCPHome Bancorp$178.87M$51.02M
CHMGChemung Financial$137.52M$21.28M
ESSAESSA Bancorp$111.57M$27.78M
FNWBFirst Northwest Bancorp$104.92M$28.21M
NWFLNorwood Financial$103.53M$30.77M
FNWDFinward Bancorp$96.53M$22.47M
OVLYOak Valley Bancorp$87.34M$19.50M
FFNWFirst Financial Northwest$80.93M$20.09M
OPOFOld Point Financial$80.28M$21.99M
RBKBRhinebeck Bancorp$66.39M$6.01M
CWBCCommunity West Bancshares$61.39M$27.26M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$8.04M
FCCOFirst Community$10.42M$26.72M

NWFL Revenue FAQ

What is Norwood Financial’s yearly revenue?

Norwood Financial's yearly revenue for 2023 was $103.54M, representing an increase of 32.18% compared to 2022. The company's yearly revenue for 2022 was $78.33M, representing an increase of 6.37% compared to 2021. NWFL's yearly revenue for 2021 was $73.64M, representing an increase of 26.40% compared to 2020.

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 (2021-2023) was 40.60%, and for the last 5 years (2019-2023) was 128.13%.

What are Norwood Financial’s revenue streams?

Norwood Financial's revenue streams in c 23 are Commissions On Mutual Funds And Annuities, Debit Card, Deposit Account, Fiduciary Activities, Financial Service Other, Gains On Sales Of Other Real Estate Owned, Safe Deposit Box Rental, Overdraft Fees, Loan Related Service Fees, and Atm Fees. Commissions On Mutual Funds And Annuities generated $296K in revenue, accounting 4.15% of the company's total revenue, up 148.74% year-over-year. Debit Card generated $2.3M in revenue, accounting 32.24% of the company's total revenue, down -7.81% year-over-year. Deposit Account generated $428K in revenue, accounting 6.00% of the company's total revenue, up 2.15% year-over-year. Fiduciary Activities generated $898K in revenue, accounting 12.58% of the company's total revenue, up 6.27% year-over-year. Financial Service Other generated $667K in revenue, accounting 9.35% of the company's total revenue, down -65.01% year-over-year. Gains On Sales Of Other Real Estate Owned generated $80K in revenue, accounting 1.12% of the company's total revenue, down -81.26% year-over-year. Safe Deposit Box Rental generated $92K in revenue, accounting 1.29% of the company's total revenue, down -1.08% year-over-year. Overdraft Fees generated $1.34M in revenue, accounting 18.83% of the company's total revenue, up 16.36% year-over-year. Loan Related Service Fees generated $584K in revenue, accounting 8.18% of the company's total revenue, down -31.21% year-over-year. Atm Fees generated $446K in revenue, accounting 6.25% of the company's total revenue, down -1.33% year-over-year.

What is Norwood Financial’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Norwood Financial was Debit Card. This segment made a revenue of $2.3M, representing 32.24% of the company's total revenue.