NWFLNasdaqState Commercial BanksFiscal year ends December 31
NORWOOD FINANCIAL CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$33.53−0.07 (-0.21%)
Close on Oct 19, 2026
- Market cap
- $363.77M
- P/E (TTM)
- 11.6
- Dividend yield
- 3.73%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
40.6%
4M of 11M shares
Institutional holders
111
14 new, 8 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
25 buys · 4 sales
Net bought $481.26K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Wellington Group Holdings LLP | 888,812 | 9.60% | 13G (passive) amendment | Dec 31, 2025 |
| Wellington Management Group LLP | 750,791 | 6.90% | 13G (passive) amendment | Mar 31, 2026 |
| Wellington Management Company LLP | 567,505 | 5.20% | 13G (passive) amendment | Jun 30, 2026 |
| BlackRock, Inc. | 562,276 | 7.00% | 13G (passive) | Dec 31, 2023 |
| Bay Pond Partners, L.P. | 460,306 | 5.00% | 13G (passive) amendment | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NWFL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 776,358 | 7.12% | $24.96M | +115,675 | 0.00% |
| Wellington Management Group Llp | 567,505 | 5.21% | $18.25M | −183,286 | 0.00% |
| Vanguard Capital Management LLC | 441,759 | 4.05% | $14.20M | +13,701 | 0.00% |
| Geode Capital Management, LLC | 258,159 | 2.37% | $8.30M | +20,744 | 0.00% |
| Manufacturers Life Insurance Company, The | 174,278 | 1.60% | $5.60M | −783 | 0.00% |
| Bulldog Investors, LLP | 170,000 | 1.56% | $5.47M | – | 1.20% |
| Cornerstone Wealth Group, LLC | 166,585 | 1.53% | $5.36M | – | 0.32% |
| Dimensional Fund Advisors LP | 166,006 | 1.52% | $5.34M | +10,098 | 0.00% |
| State Street Corp | 155,948 | 1.43% | $5.01M | +14,280 | 0.00% |
| Raymond James Financial Inc | 97,899 | 0.90% | $3.15M | −447 | 0.00% |
| Cetera Investment Advisers | 95,308 | 0.87% | $3.06M | +33,380 | 0.00% |
| Northern Trust Corp | 81,233 | 0.75% | $2.61M | +1,856 | 0.00% |
| Vanguard Portfolio Management LLC | 69,055 | 0.63% | $2.22M | +11,832 | 0.00% |
| Marshall Wace, Llp | 65,738 | 0.60% | $2.11M | +24,579 | 0.00% |
| Renaissance Technologies LLC | 65,557 | 0.60% | $2.11M | +31 | 0.00% |
| Vanguard Fiduciary Trust Co | 64,876 | 0.60% | $2.09M | −1,900 | 0.00% |
| Segall Bryant & Hamill, LLC | 59,624 | 0.55% | $1.92M | +3,869 | 0.02% |
| Stonebridge Financial Group, LLC | 57,261 | 0.53% | $1.84M | +33 | 0.14% |
| Commonwealth Equity Services, LLC | 46,734 | 0.43% | $1.50M | −2,173 | 0.00% |
| Bank of New York Mellon Corp | 40,076 | 0.37% | $1.29M | +1,948 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 111 | 4M | 40.6% | 14 / 50 | 21 / 8 | 0M | 0M |
| Q1 2026 | 107 | 4M | 40.7% | 20 / 45 | 19 / 8 | 1M | 0M |
| Q4 2025 | 96 | 4M | 35.2% | 14 / 37 | 23 / 4 | 1M | 0M |
| Q3 2025 | 86 | 3M | 31.0% | 15 / 28 | 22 / 5 | 0M | 0M |
| Q2 2025 | 76 | 3M | 28.0% | 8 / 29 | 20 / 7 | 0M | 0M |
| Q1 2025 | 75 | 3M | 28.6% | 10 / 24 | 23 / 2 | 0M | 0M |
| Q4 2024 | 68 | 3M | 28.4% | 14 / 20 | 19 / 4 | 1M | 0M |
| Q3 2024 | 59 | 2M | 18.3% | 9 / 24 | 13 / 2 | 1M | 0M |
| Q2 2024 | 53 | 2M | 17.3% | 5 / 18 | 15 / 6 | 0M | 0M |
| Q1 2024 | 55 | 2M | 21.3% | 5 / 18 | 19 / 5 | 0M | 0M |
| Q4 2023 | 55 | 2M | 21.2% | 6 / 24 | 12 / 5 | 0M | 0M |
| Q3 2023 | 54 | 2M | 19.6% | 5 / 18 | 16 / 2 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of NWFL | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 318,320 | 2.92% | $10.23M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 276,212 | 2.53% | $8.88M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 114,758 | 1.05% | $3.90M | 0.01% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 113,005 | 1.04% | $3.63M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 111,331 | 1.02% | $3.58M | 0.02% | Jun 30, 2026 |
| Regional Bank Fund | 82,109 | 0.75% | $2.79M | 0.29% | Jul 31, 2026 |
| Vanguard Russell 2000 Index Fund | 50,965 | 0.47% | $1.54M | 0.01% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 49,587 | 0.45% | $1.50M | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 35,731 | 0.33% | $1.15M | 0.08% | Jun 30, 2026 |
| Dimensional U.S. Small Cap ETF | 30,379 | 0.28% | $1.03M | 0.01% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 29,285 | 0.27% | $995.40K | 0.01% | Jul 31, 2026 |
| U.S. Micro Cap Portfolio | 26,526 | 0.24% | $901.62K | 0.01% | Jul 31, 2026 |
| iShares Core S&P Total U.S. Stock Market ETF | 26,441 | 0.24% | $850.08K | 0.00% | Jun 30, 2026 |
| Schwab Small-Cap Index Fund | 25,002 | 0.23% | $849.82K | 0.01% | Jul 31, 2026 |
| Emerald Growth Fund | 25,000 | 0.23% | $731.75K | 0.05% | Apr 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| James O. Donnelly | President & CEO, Director | 23,389 | 0.21% | Apr 30, 2026 |
| Vincent O'Bell | EVP & Chief Lending Officer | 5,742 | 0.05% | Sep 4, 2026 |
| John Martin McCaffery JR | EVP & CFO | 8,304 | 0.08% | Apr 30, 2026 |
| Janak M. Amin | EVP & COO | 73,778 | 0.68% | Jan 15, 2026 |
| John F. Carmody | EVP & Chief Credit Officer | 21,221 | 0.19% | Dec 22, 2025 |
| Andrew Forte | Director | 28,026 | 0.26% | Sep 11, 2026 |
| Alexandra K. Nolan | Director | 286,181 | 2.63% | Sep 11, 2026 |
| Joseph W. Carroll | Director | 51,353 | 0.47% | Sep 11, 2026 |
| Ralph A. Matergia | Director | 26,725 | 0.25% | Sep 11, 2026 |
| James Shook | Director | 13,490 | 0.12% | Sep 11, 2026 |
| Kenneth A. Phillips | Director | 16,522 | 0.15% | Sep 11, 2026 |
| Ronald R. Schmalzle | Director | 37,275 | 0.34% | Sep 11, 2026 |
| Marissa S. Nacinovich | Director | 1,476 | 0.01% | Sep 11, 2026 |
| Kevin M. Lamont | Director | 136,630 | 1.25% | Sep 11, 2026 |
| Meg L. Hungerford | Director | 8,225 | 0.08% | Sep 11, 2026 |
| Jeffrey S. Gifford | Director | 151,396 | 1.39% | Sep 11, 2026 |
| Spencer J. Andress | Director | 15,739 | 0.14% | Sep 11, 2026 |
| Lewis J. Critelli | Director | 68,515 | 0.63% | Jan 22, 2025 |
| Susan Campfield | – | 5,647 | 0.05% | Feb 20, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jeffrey S. Gifford Director | Sep 10, 2026 | Award | +39 | $34.47 | $1.34K | 26,849 |
| James Shook Director | Sep 10, 2026 | Award | +39 | $34.47 | $1.34K | 12,665 |
| Marissa S. Nacinovich Director | Sep 10, 2026 | Award | +39 | $34.47 | $1.34K | 651 |
| Joseph W. Carroll Director | Sep 10, 2026 | Award | +39 | $34.47 | $1.34K | 41,906 |
| Ronald R. Schmalzle Director | Sep 10, 2026 | Award | +39 | $34.47 | $1.34K | 8,957 |
| Andrew Forte Director | Sep 10, 2026 | Award | +48 | $34.47 | $1.65K | 12,376 |
| Ralph A. Matergia Director | Sep 10, 2026 | Award | +39 | $34.47 | $1.34K | 26,685 |
| Kenneth A. Phillips Director | Sep 10, 2026 | Award | +39 | $34.47 | $1.34K | 15,972 |
| Spencer J. Andress Director | Sep 10, 2026 | Award | +39 | $34.47 | $1.34K | 8,492 |
| Kevin M. Lamont Director | Sep 10, 2026 | Award | +39 | $34.47 | $1.34K | 136,127 |
| Meg L. Hungerford Director | Sep 10, 2026 | Award | +39 | $34.47 | $1.34K | 6,410 |
| Alexandra K. Nolan Director | Sep 10, 2026 | Award | +39 | $34.47 | $1.34K | 2,973 |
| Vincent O'Bell EVP & Chief Lending Officer | Sep 4, 2026 | Option exercise | +750 | $22.37 | $16.78K | 5,142 |
| Vincent O'Bell EVP & Chief Lending Officer | Sep 4, 2026 | Option exercise | +1,500 | $26.93 | $40.40K | 6,642 |
| Vincent O'Bell EVP & Chief Lending Officer | Sep 2, 2026 | Sale | −300 | $34.68 | $10.40K | 4,392 |
| Vincent O'Bell EVP & Chief Lending Officer | Sep 2, 2026 | Sale | −100 | $34.61 | $3.46K | 4,692 |
| Vincent O'Bell EVP & Chief Lending Officer | Sep 2, 2026 | Option exercise | +1,500 | $32.34 | $48.51K | 5,892 |
| Vincent O'Bell EVP & Chief Lending Officer | Sep 2, 2026 | Sale | −1,500 | $34.50 | $51.75K | 4,392 |
| Vincent O'Bell EVP & Chief Lending Officer | Sep 2, 2026 | Option exercise | +1,500 | $32.81 | $49.22K | 5,892 |
| Vincent O'Bell EVP & Chief Lending Officer | Sep 2, 2026 | Sale | −1,100 | $34.50 | $37.95K | 4,792 |
| Spencer J. Andress Director | Aug 10, 2026 | Award | +40 | $34.02 | $1.36K | 8,453 |
| Meg L. Hungerford Director | Aug 10, 2026 | Award | +40 | $34.02 | $1.36K | 6,371 |
| Kevin M. Lamont Director | Aug 10, 2026 | Award | +40 | $34.02 | $1.36K | 136,088 |
| Marissa S. Nacinovich Director | Aug 10, 2026 | Award | +40 | $34.02 | $1.36K | 612 |
| Alexandra K. Nolan Director | Aug 10, 2026 | Award | +40 | $34.02 | $1.36K | 2,934 |
| James Shook Director | Aug 10, 2026 | Award | +40 | $34.02 | $1.36K | 12,626 |
| Kenneth A. Phillips Director | Aug 10, 2026 | Award | +40 | $34.02 | $1.36K | 15,933 |
| Jeffrey S. Gifford Director | Aug 10, 2026 | Award | +40 | $34.02 | $1.36K | 26,810 |
| Ralph A. Matergia Director | Aug 10, 2026 | Award | +40 | $34.02 | $1.36K | 26,646 |
| Joseph W. Carroll Director | Aug 10, 2026 | Award | +40 | $34.02 | $1.36K | 41,867 |
| Andrew Forte Director | Aug 10, 2026 | Award | +49 | $34.02 | $1.67K | 12,328 |
| Ronald R. Schmalzle Director | Aug 10, 2026 | Award | +40 | $34.02 | $1.36K | 8,918 |
| James Shook Director | Jul 28, 2026 | Buy | +3,100 | $34.55 | $107.10K | 12,586 |
| Ronald R. Schmalzle Director | Jul 10, 2026 | Award | +43 | $31.88 | $1.37K | 8,878 |
| Kenneth A. Phillips Director | Jul 10, 2026 | Award | +43 | $31.88 | $1.37K | 15,893 |
| Marissa S. Nacinovich Director | Jul 10, 2026 | Award | +43 | $31.88 | $1.37K | 572 |
| Ralph A. Matergia Director | Jul 10, 2026 | Award | +43 | $31.88 | $1.37K | 26,606 |
| Joseph W. Carroll Director | Jul 10, 2026 | Award | +43 | $31.88 | $1.37K | 41,827 |
| Alexandra K. Nolan Director | Jul 10, 2026 | Award | +43 | $31.88 | $1.37K | 2,894 |
| Andrew Forte Director | Jul 10, 2026 | Award | +52 | $31.88 | $1.66K | 12,279 |
| Spencer J. Andress Director | Jul 10, 2026 | Award | +43 | $31.88 | $1.37K | 8,413 |
| Jeffrey S. Gifford Director | Jul 10, 2026 | Award | +43 | $31.88 | $1.37K | 26,770 |
| Meg L. Hungerford Director | Jul 10, 2026 | Award | +43 | $31.88 | $1.37K | 6,331 |
| James Shook Director | Jul 10, 2026 | Award | +43 | $31.88 | $1.37K | 9,486 |
| Kevin M. Lamont Director | Jul 10, 2026 | Award | +43 | $31.88 | $1.37K | 136,048 |
| Kevin M. Lamont Director | Jun 10, 2026 | Award | +45 | $30.19 | $1.36K | 136,005 |
| Ronald R. Schmalzle Director | Jun 10, 2026 | Award | +45 | $30.19 | $1.36K | 8,835 |
| Alexandra K. Nolan Director | Jun 10, 2026 | Award | +45 | $30.19 | $1.36K | 2,851 |
| Joseph W. Carroll Director | Jun 10, 2026 | Award | +45 | $30.19 | $1.36K | 41,784 |
| Kenneth A. Phillips Director | Jun 10, 2026 | Award | +45 | $30.19 | $1.36K | 15,850 |
| James Shook Director | Jun 10, 2026 | Award | +45 | $30.19 | $1.36K | 9,443 |
| Ralph A. Matergia Director | Jun 10, 2026 | Award | +45 | $30.19 | $1.36K | 26,563 |
| Spencer J. Andress Director | Jun 10, 2026 | Award | +45 | $30.19 | $1.36K | 8,370 |
| Jeffrey S. Gifford Director | Jun 10, 2026 | Award | +45 | $30.19 | $1.36K | 26,727 |
| Marissa S. Nacinovich Director | Jun 10, 2026 | Award | +45 | $30.19 | $1.36K | 529 |
| Meg L. Hungerford Director | Jun 10, 2026 | Award | +45 | $30.19 | $1.36K | 6,288 |
| Andrew Forte Director | Jun 10, 2026 | Award | +55 | $30.19 | $1.66K | 12,227 |
| Ronald R. Schmalzle Director | May 26, 2026 | Buy | +700 | $30.19 | $21.13K | 27,168 |
| Ronald R. Schmalzle Director | May 26, 2026 | Award | +700 | $30.19 | $21.13K | 27,168 |
| Andrew Forte Director | May 12, 2026 | Buy | +270 | $29.58 | $7.99K | 7,624 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Vincent (NWFL) O'Bell Officer | Aug 25, 2026 | 3,000 | $102.30K | Aug 27, 2026 | Options Granted |