Norwood Financial Corp Extends its Pennsylvania Presence with Strategic Acquisition of PB Bankshares, Inc.
HONESDALE, Pa. and COATESVILLE, Pa., July 07, 2025 (GLOBE NEWSWIRE) -- Norwood Financial Corp ("Norwood Financial") (NASDAQ:NWFL), headquartered in Honesdale, Pennsylvania, and PB Bankshares, Inc. ("Presence") (NASDAQ:PBBK), headquartered in Coatesville, Pennsylvania, jointly announced today that both companies' boards of directors have unanimously approved an agreement and plan of merger (the "Agreement") pursuant to which Presence will merge with and into Norwood. Norwood Financial is the bank holding company for Wayne Bank, which operates 30 banking offices in Pennsylvania and New York. As of March 31, 2025, Norwood Financial had consolidated assets of $2.4 billion. Presence is the b
