QNB (OTCMKTS:QNBC) Posts Earnings Results

by · The Cerbat Gem

QNB (OTCMKTS:QNBC – Get Free Report) released its quarterly earnings results on Tuesday. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, Zacks reports. QNB had a return on equity of 17.60% and a net margin of 14.26%.

QNB Price Performance

OTCMKTS:QNBC traded up $0.05 during mid-day trading on Tuesday, hitting $43.40. 3,068 shares of the company’s stock traded hands, compared to its average volume of 3,068. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.77 and a current ratio of 0.76. The firm’s 50 day simple moving average is $43.66 and its 200 day simple moving average is $40.92. QNB has a 1 year low of $34.00 and a 1 year high of $46.00. The company has a market cap of $216.13 million, a PE ratio of 11.39 and a beta of 0.43.

About QNB

(Get Free Report)

QNB Corp. is a regional financial holding company headquartered in Quakertown, Pennsylvania, operating through its principal subsidiary, QNB Bank. The bank delivers a comprehensive range of banking and financial services to individuals, small and medium-sized businesses, and institutional clients. Its core offerings include deposit products, treasury management, consumer and commercial lending, and specialized credit solutions tailored to local market needs.

Founded in 1877 as Quakertown National Bank, QNB has grown organically and through selective acquisitions to establish a branch network across southeastern Pennsylvania, northern Delaware and parts of New Jersey.

Further Reading