QNB (OTCMKTS:QNBC) Issues Quarterly Earnings Results

QNB (OTCMKTS:QNBC) released its quarterly earnings results on Tuesday. The financial services provider reported $1.22 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $15.92 million during the quarter. QNB had a return on equity of 12.16% and a net margin of 13.46%.

QNB Stock Up 3.0%

Shares of OTCMKTS:QNBC opened at $36.25 on Wednesday. The business’s 50 day moving average is $35.14 and its 200 day moving average is $35.13. QNB has a 12-month low of $32.16 and a 12-month high of $36.25. The stock has a market cap of $135.58 million, a price-to-earnings ratio of 10.24 and a beta of 0.45. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.32.

QNB Company Profile

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.