In the Q2, Norwood Financial Corp's corporate clients experienced a decline by -13.76 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 1.72 %. During the corresponding time, Norwood Financial Corp recorded a revenue increase by 34.66 % year on year, sequentially revenue grew by 6.24 %. While revenue at the Norwood Financial Corp's corporate clients recorded rose by 1.73 % year on year, sequentially revenue grew by 19.99 %.
Customers of Norwood Financial Corp saw their costs of revenue decline by -13.76 % in Q2 compare to a year ago, sequentially costs of revenue grew by 1.72 %, for the same period Norwood Financial Corp recorded revenue increase by 34.66 % year on year, sequentially revenue grew by 6.24 %.
Norwood Financial's Comment on Sales, Marketing and Customers
The Bank manages assets totaling $213.9 million as of December 31, 2025. Its wholly owned subsidiary, Norwood Investment Corp. (NIC), provides brokerage services including stocks, bonds, mutual funds, exchange-traded funds, advisory services, annuities, and insurance products primarily to the Bank's customers. NIC's investment products are not insured by the FDIC or any government agency. Until February 16, 2018, securities were offered through Invest Financial, a registered broker/dealer; thereafter, the broker/dealer relationship transitioned to LPL Financial LLC (LPL).
Norwood Financial’s Comment on Sales, Marketing and Customers
The Bank manages assets totaling $213.9 million as of December 31, 2025. Its wholly owned subsidiary, Norwood Investment Corp. (NIC), provides brokerage services including stocks, bonds, mutual funds, exchange-traded funds, advisory services, annuities, and insurance products primarily to the Bank's customers. NIC's investment products are not insured by the FDIC or any government agency. Until February 16, 2018, securities were offered through Invest Financial, a registered broker/dealer; thereafter, the broker/dealer relationship transitioned to LPL Financial LLC (LPL).
Sources:
Norwood Financial Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Norwood Financial Corp’s corporate clients.
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