Norwood Financial NWFL Professional services
Professional services at other companies
Other financials
Where this comes from
Reported directly by Norwood Financial in its filing.
Tagged under the XBRL concept us-gaap:ProfessionalFees.
The official record: Norwood Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Norwood Financial's professional services?
- Norwood Financial (NWFL) reported professional services of $826K in Q1 2026.
- How has Norwood Financial's professional services changed year-over-year?
- Norwood Financial's professional services increased by 25.3% year-over-year, from $659K to $826K.
- What is the long-term trend for Norwood Financial's professional services?
- Over 3 years (2021 to 2024), Norwood Financial's professional services has grown at a 11.2% compound annual growth rate (CAGR), from $1.58M to $2.17M.
- What does professional services mean?
- Fees paid to third-party consultants, legal counsel, auditors, and other external service providers for specialized expertise. This expense category captures the cost of outsourced professional support required for regulatory compliance, strategic projects, or operational maintenance. Monitoring these costs helps assess the efficiency of administrative overhead.