Highest-materiality recent filing
QNB Corp. raises $48.3M in common stock offering; moves to Nasdaq Capital Market
Offered 1,071,428 shares at $42.00; overallotment exercised for 160,714 more; total 1,232,142 shares.
QNB Corp. Q2 2026 net income $3.0M ($0.60 EPS); adjusted EPS $1.05 vs $1.04 YoY
GAAP net income $3.015M, diluted EPS $0.60, includes $2.227M after-tax merger costs.
QNB Corp. Q1 net income rises to $0.73/sh from $0.69/sh; adj. EPS $0.93
Net income $2.765M, diluted EPS $0.73 vs $0.69 in Q1 2025.
QNB Corp. completes acquisition of Victory Bancorp; Victory Bank to integrate in June
Each Victory share exchanged for 0.55 QNB share; deal closed April 1, 2026.
Shareholders approve QNB-Victory Bancorp merger; deal expected to close in Q2 2026
QNB Corp. shareholders voted 2,211,803 for, 60,631 against to approve merger with Victory Bancorp.
Net income for Q4 2025 was $3,981,000 ($1.06 diluted) vs $3,051,000 ($0.83) in Q4 2024.
QNB Corp Q3 net income $3.65M ($0.98 EPS); adjusted EPS $1.09; Victory merger progressing
Q3 2025 net income $3.65M ($0.98 diluted EPS) vs $3.34M ($0.91) YoY; adjusted EPS $1.09 excluding merger costs.
QNB Corp. to acquire The Victory Bancorp in all-stock merger
Each Victory share converts to 0.5500 shares of QNB common stock; no cash component.
QNB Corp. Q2 net income $3.9M ($1.04 EPS) vs $2.5M prior; NPLs spike to $8.9M
Net income $3,883,000 ($1.04 diluted EPS) vs $2,465,000 ($0.67) in Q2 2024; ROAA 0.83%.
Q1 net income nearly flat at $2.58M ($0.69 EPS); NPLs surge to $8.4M
Net income $2.578M ($0.69 diluted EPS) vs $2.594M ($0.71) in Q1 2024; ROAA 0.54%, ROAE 6.24%.
QNB Corp. reports Q4 2024 net income of $3.1M (EPS $0.83) versus $1.1M (EPS $0.31) in Q4 2023
Net interest income rose $783,000 to $10,975,000 for Q4 2024, driven by higher yields on earning assets (4.78% vs 4.44%).
QNB Corp. Q3 net income rises 42% to $3.34M, EPS $0.91 from $0.65 YoY
Q3 net income $3.34M ($0.91 diluted EPS), up from $2.34M ($0.65) in Q3 2023.
QNB Corp. closes $40M subordinated note offering at 8.875%, oversubscribed 2x
Issued $40M in 8.875% Fixed-to-Floating Rate Subordinated Notes due 2034; qualifies as Tier 2 capital.
QNB Corp Q1 2024 net income $2.59M, down 37% from Q1 2023; EPS $0.71 vs $1.15
Net income $2,594,000 ($0.71 diluted EPS) vs $4,118,000 ($1.15) year ago; ROA 0.59% vs 0.96%.
QNB Corp Q4 2023 EPS $0.31 vs $1.52; sells $26M securities, takes $1.8M loss
Net income Q4 2023: $1.134M ($0.31 diluted EPS) vs $5.447M ($1.52) in Q4 2022, a 79% decline.
QNB Corp. Q3 net income falls 31% to $2.34M; EPS $0.65 vs $0.96 YoY
Net interest income decreased $1.17M to $10.21M; net interest margin compressed to 2.38% from 2.72%.
QNB Corp Q2 net income falls 44% YoY to $1.9M ($0.52 EPS) on margin compression
Diluted EPS $0.52 vs $0.94 in Q2 2022; 6-month EPS $1.67 vs $1.98.
QNB Corp Q1 net income $4.12M ($1.15 EPS) up 11% YoY; provision reversal boosts earnings
Net income $4.12M, diluted EPS $1.15; YoY net income increased from $3.71M ($1.04 EPS).
QNB Corp. Q4 2022 net income $5.4M, EPS $1.52, up from $1.17 YoY; loan growth drives results
Q4 2022 diluted EPS $1.52 vs $1.17 in Q4 2021; net income $5.447M vs $4.149M.
QNB Corp. appoints Jeffrey Lehocky as EVP and CFO, enters change-in-control agreement
Jeffrey Lehocky named Executive Vice President and CFO effective November 1, 2022.
QNB Corp. reports Q3 net income flat at $0.96/share; bank net interest income rises
Net income $3.415M ($0.96 diluted EPS) vs $3.424M ($0.96) in Q3 2021.
QNB Corp. Q2 earnings fall to $0.94/share; holdco equity portfolio drags results
Diluted EPS $0.94 vs $1.09 in Q2 2021; net income $3.35M down 13.4%.
QNB Corp. Q1 2022 net income falls 27% to $3.71M; EPS $1.04 vs $1.42 YoY
Net income $3.71M, down from $5.05M in Q1 2021; diluted EPS $1.04 vs $1.42.
QNB Corp reports record full-year 2021 net income of $16.5M, diluted EPS $4.64
Q4 2021 net income $4.15M ($1.17 diluted EPS) flat YoY; full-year net income $16.5M ($4.64 EPS), up 36% from 2020.
QNB Corp Q3 EPS $0.96 vs $1.07 YoY; nine-month net income rises to record $12.34M
Q3 2021 net income $3.42M ($0.96 diluted EPS) vs $3.78M ($1.07) in Q3 2020.
QNB Corp. reports record H1 net income of $8.9M; Q2 diluted EPS $1.09 vs $1.11 YoY
Six-month net income $8.9M ($2.51 diluted EPS) vs $4.2M ($1.18) in H1 2020, a record performance.
Effective November 1, 2026, Christopher T. Cattie, currently Executive Vice President, Chief Operating Officer of the Bank, will assume the role of President of the Bank and will be appointed to the Boards of Directors of both the Bank and the Company as of that date.
David W. Freeman, currently President and Chief Executive Officer of the Company and the Bank, will continue to serve as Chief Executive Officer of the Bank and President and Chief Executive Officer of the Company until his planned retirement on December 31, 2028.
On September 26, 2023, the Board of Directors appointed Gerald E. Gorski to the Board of QNB Bank and QNB Corp, effective January 1, 2024.
On December 31, 2022, Dale A. Westwood, Executive Vice President, Chief Retail Officer of QNB Bank, the registrant’s wholly owned subsidiary (the “Bank”), retired.
On November 1, 2022, Jeffrey Lehocky, CPA. CIA. was named Executive Vice President and Chief Financial Officer of QNB Corp. (the “Company”).
On July 21, 2022, Janice McCracken Erkes, Executive Vice President and Chief Financial Officer of QNB Corp. (the “Company”) since 2014, passed away.
The Company’s board of directors has designated Mary E. Liddle, who currently serves as a Senior Vice President, Controller and Chief Accounting Officer of QNB Bank, as the Company’s interim Chief Financial Officer.
On April 1, 2022, Dale A. Westwood, Executive Vice President, Chief Retail Officer of QNB Bank, the registrant’s wholly owned subsidiary (the “Bank”), notified the Bank that she plans to retire December 30, 2022.
the Board of Directors appointed Ranajoy Ray Chaudhuri to the Board of QNB Bank and QNB Corp, effective January 1, 2022.
On October 26, 2021, the Board of Directors appointed Ranajoy Ray Chaudhuri to the Board of QNB Bank and QNB Corp, effective January 1, 2022.
Max materiality 0.90 · Median 0.60 · Most common event earnings