Norwood Financial posts 4Q profit

Norwood Financial posts profit of $2.3 million in 4th quarter

HONESDALE, Pa. (AP) _ Norwood Financial Corp. (NWFL) on Friday reported net income of $2.3 million in its fourth quarter.

The bank, based in Honesdale, Pennsylvania, said it had earnings of 56 cents per share.

The holding company for Wayne Bank posted revenue of $10.9 million in the period. Its adjusted revenue was $9.9 million.

For the year, the company reported profit of $6.7 million, or $1.73 per share. Revenue was reported as $33.8 million.

Norwood Financial shares have climbed nearly 8 percent since the beginning of the year. The stock has increased 34 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NWFL at https://www.zacks.com/ap/NWFL

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Keywords: Norwood Financial, Earnings Report