Welcome to our dedicated page for QNB news (Ticker: QNBC), a resource for investors and traders seeking the latest updates and insights on QNB stock.
QNB Corp. (QNBC) is a Pennsylvania bank holding company and the parent of QNB Bank, a Pennsylvania-chartered state bank headquartered in Quakertown. The company’s news flow reflects its role in commercial and retail banking, its regional branch network, and its capital markets presence on the OTCQX Best Market.
News about QNB Corp. frequently covers quarterly earnings results, where the company reports net income, net interest income, net interest margin, asset quality metrics, non-interest income, and non-interest expense. These releases often discuss trends in commercial real estate lending, deposit growth, and the performance of fee-based services such as customer service fees, ATM and debit card activity, and retail brokerage and advisory income.
Investors can also follow dividend announcements, as QNB Corp.’s Board of Directors has declared regular quarterly cash dividends, and corporate developments such as its March 2025 move to the OTCQX Best Market. Governance and leadership updates, including board appointments like the addition of Randall E. Stauffer as a Class II Director, are disclosed through both press releases and Form 8-K filings.
A significant theme in recent QNB news is its strategic combination with The Victory Bancorp, Inc.. Press releases and SEC filings from September 2025 describe an Agreement and Plan of Merger under which Victory will merge with and into QNB, and The Victory Bank will merge with and into QNB Bank, subject to regulatory and shareholder approvals. These items provide insight into QNB’s growth plans and expected changes to its franchise.
This news page aggregates such disclosures so readers can review QNB Corp.’s earnings updates, dividend decisions, merger-related communications, investor presentations, and other material events in one place.
QNB Corp. (OTCQX: QNBC) has declared a quarterly cash dividend of $0.38 per share for Q2 2025. The dividend will be payable on June 27, 2025, to shareholders of record as of June 13, 2025. QNB Corp. operates through its subsidiary QNB Bank, which provides commercial and retail banking services through twelve banking offices. The company's stock trades over-the-counter under the symbol "QNBC".
QNB Corp. (OTCQX: QNBC) reported Q1 2025 net income of $2,578,000, or $0.69 per diluted share, compared to $2,594,000, or $0.71 per share in Q1 2024. The company's return on average assets and equity were 0.54% and 6.24% respectively.
Key financial highlights:
- Total assets reached $1.89 billion, up from $1.87 billion in December 2024
- Net interest income increased by $2,629,000 to $22,198,000
- Net interest margin improved to 2.51% from 2.39% year-over-year
- Total deposits grew by $36,014,000 (2.2%) to $1.66 billion
- Loans receivable slightly decreased by 0.3% to $1.21 billion
The bank recorded a provision for credit losses of $551,000 in Q1 2025, with non-performing loans increasing to $8,407,000 (0.69% of loans receivable), primarily due to one commercial customer relationship.
QNB Corp. (OTCQX: QNBC) has announced its upgrade from the Pink® market to the OTCQX® Best Market, marking a significant milestone in U.S. public markets. The company, parent of QNB Bank, began trading on the OTCQX under the symbol 'QNBC' on March 20, 2025.
The upgrade to OTCQX Market aims to maximize QNB's value as a public company by providing transparent trading and improved access to company information for shareholders. To achieve this qualification, QNB met stringent financial standards, implemented best-practice corporate governance, and demonstrated securities law compliance.
The announcement comes as QNB approaches its 150-year anniversary of providing community banking services in Pennsylvania, with management expressing confidence that this move will generate broader investor interest and enhance shareholder value.
QNB Corp. (OTC: QNBC) has announced its quarterly dividend declaration for Q1 2025. The company's Board of Directors has declared a cash dividend of $0.38 per share, which will be payable on March 28, 2025, to shareholders of record as of March 14, 2025.
QNB Corp., operating through its subsidiary QNB Bank, provides commercial and retail banking services across twelve banking offices. The company's stock trades in the over-the-counter market under the symbol 'QNBC'.
QNB Corp. (QNBC) reported strong financial results for Q4 2024, with net income of $3,051,000 ($0.83 per diluted share), compared to $1,134,000 ($0.31 per share) in Q4 2023. Full-year 2024 net income reached $11,488,000 ($3.12 per share), up from $9,483,000 ($2.63 per share) in 2023.
Total assets grew 9.6% to $1.87 billion, with loans increasing 11.2% to $1.22 billion and deposits rising 9.4% to $1.63 billion. Net interest margin improved to 2.38% in Q4 2024 from 2.36% in Q4 2023. The Bank's asset quality remained strong with non-performing loans at 0.16% of total loans.
The company issued $40 million in subordinated debt in Q3 2024 and increased available-for-sale debt securities by 11.5% to $546.6 million. The allowance for credit losses decreased to 0.72% of loans receivable, down from 0.81% at the end of 2023.
QNB Corp (OTC: QNBC) has announced its quarterly cash dividend for the fourth quarter of 2024. The Board of Directors declared a dividend of $0.37 per share, which will be paid on December 27, 2024, to shareholders of record as of December 13, 2024. The company operates through its subsidiary QNB Bank, which provides commercial and retail banking services across twelve banking offices.
QNB Corp. (QNBC) reported net income of $3,338,000, or $0.91 per diluted share, for the third quarter of 2024, compared to $2,344,000, or $0.65 per diluted share, for the same period in 2023. The company's performance improved due to:
1. A $1,182,000 increase in net interest income
2. A $300,000 decrease in provision for credit losses
3. A $37,000 decrease in non-interest expense
These gains were partially offset by a $96,000 decrease in non-interest income. The net interest margin increased to 2.48% from 2.38% year-over-year. Total assets grew to $1,841,563,000, with loans receivable increasing by 7.1% and deposits by 9.2%. The company also issued $40,000,000 of subordinated debt, strengthening its capital position.
QNB Corp. (OTC: QNBC), parent company of QNB Bank, has successfully completed a private placement of $40 million in fixed-to-floating rate subordinated notes. The notes, qualifying as Tier 2 capital, were oversubscribed by nearly two times, demonstrating strong investor demand. Initially bearing an interest rate of 8.875% per annum until September 1, 2029, the notes will then reset quarterly based on the three-month SOFR plus a spread. The offering provides QNB with cost-effective capital to support growth and potential strategic opportunities without diluting current shareholders. Maturing on September 1, 2034, the notes offer redemption options after the fifth anniversary. This marks QNB's first institutionally led capital raise, highlighting the strength of its franchise.
QNB Corp. (OTC: QNBC), the parent company of QNB Bank, has announced its Q3 2024 dividend. The Board of Directors declared a quarterly cash dividend of $0.37 per share, payable on September 27, 2024, to shareholders of record as of September 13, 2024. QNB Corp. operates through its subsidiary, QNB Bank, offering commercial and retail banking services via twelve banking offices. The company's stock is traded over-the-counter under the symbol 'QNBC'.
QNB Corp. (QNBC) reported net income of $2,465,000, or $0.67 per diluted share, for Q2 2024, compared to $1,887,000, or $0.52 per diluted share, in Q2 2023. The bank's performance improved due to a $1,246,000 increase in net interest income, decreased provision for credit losses, and a $172,000 increase in non-interest income. Total assets reached $1,761,487,000 as of June 30, 2024. Loans receivable increased by 6.3% to $1,162,310,000, while total deposits grew by 5.7% to $1,572,839,000. The net interest margin improved to 2.46% in Q2 2024, up from 2.27% in Q2 2023. The company also strategically sold lower-yielding securities and reinvested in higher-yielding assets.