QNB CORP. QNBC overview

QUAKERTOWN, Pa., Oct. 22, 2024 (GLOBE NEWSWIRE) -- QNB Corp. (the “Company” or “QNB”) (OTC Bulletin Board: QNBC), the parent company of QNB Bank (the “Bank”), reported net income for the third quarter of 2024 of $3,338,000, or $0.91 per share on a diluted basis. This compares to net income of $2,344,000, or $0.65 per share on a diluted basis, for the same period in 2023. For the nine months ended September 30, 2024, QNB reported net income of $8,397,000, or $2.29 per share on a...

Quakertown, PA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- QNB Corp. (the “Company” or “QNB”) (OTC Bulletin Board: QNBC), the parent company of QNB Bank (the “Bank”), announced today that the Company has completed a private placement (the “Offering”) of $40 million in aggregate principal amount of fixed-to-floating rate subordinated notes (the “Notes”). The Notes have been structured to qualify as Tier 2 capital under regulatory capital guidelines. The proceeds from the sale of the...

Quakertown, PA, Aug. 27, 2024 (GLOBE NEWSWIRE) -- At a regular meeting on August 27, The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, declared a quarterly cash dividend of $0.37 per share. The dividend is payable on September 27, 2024, to shareholders of record on September 13, 2024. QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank. QNB Corp.’s stock is traded in the...

QUAKERTOWN, Pa., July 23, 2024 (GLOBE NEWSWIRE) -- QNB Corp. (the “Company” or “QNB”) (OTC Bulletin Board: QNBC), the parent company of QNB Bank (the “Bank”), reported net income for the second quarter of 2024 of $2,465,000, or $0.67 per share on a diluted basis. This compares to net income of $1,887,000, or $0.52 per share on a diluted basis, for the same period in 2023. For the six months ended June 30, 2024, QNB reported net income of $5,059,000, or $1.38 per share on a diluted...

Quakertown, PA, May 21, 2024 (GLOBE NEWSWIRE) -- QUAKERTOWN, PA (21 May 2024): At a regular meeting on May 21, The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, declared a quarterly cash dividend of $0.37 per share. The dividend is payable on June 28, 2024, to shareholders of record on June 14, 2024. QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank. QNB Corp.’s stock is traded in the...

QUAKERTOWN, Pa., April 23, 2024 (GLOBE NEWSWIRE) -- QNB Corp. (the “Company” or “QNB”) (OTC Bulletin Board: QNBC), the parent company of QNB Bank (the “Bank”), reported net income for the first quarter of 2024 of $2,594,000, or $0.71 per share on a diluted basis. This compares to net income of $4,118,000, or $1.15 per share on a diluted basis, for the same period in 2023. For the quarter ended March 31, 2024, the annualized rate of return on average assets and average shareholders’...

Quakertown, PA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Quakertown, PA (27 February 2024) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on February 27, declared a quarterly cash dividend of $0.37 per share. The cash dividend is payable on March 28, 2024, to shareholders of record March 15, 2024. QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank. QNB Corp.’s stock is...

QUAKERTOWN, Pa., Jan. 23, 2024 (GLOBE NEWSWIRE) -- QNB Corp. (the “Company” or “QNB”) (OTC Bulletin Board: QNBC), the parent company of QNB Bank (the “Bank”), reported net income for the fourth quarter of 2023 of $1,134,000, or $0.31 per share on a diluted basis. This compares to net income of $5,447,000, or $1.52 per share on a diluted basis, for the same period in 2022. For the twelve months ended December 31, 2023, QNB reported net income of $9,483,000, or $2.63 per share on a...