Norwood Financial (NASDAQ:NWFL) First Quarter 2024 Results
Key Financial Results
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Revenue: US$17.3m (down 2.1% from 1Q 2023).
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Net income: US$4.43m (down 23% from 1Q 2023).
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Profit margin: 26% (down from 33% in 1Q 2023). The decrease in margin was primarily driven by higher expenses.
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EPS: US$0.55 (down from US$0.71 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Norwood Financial’s share price is broadly unchanged from a week ago.
Risk Analysis
It’s still necessary to consider the ever-present specter of investment risk. We’ve identified 1 warning sign with Norwood Financial, and understanding this should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take into account your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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