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Qnb Corp   (QNBC)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $23.0000 $-0.25 -1.075%
Day's High: $23 Week Perf: -5.15 %
Day's Low: $ 22.50 30 Day Perf: -12.91 %
Volume (M): 1 52 Wk High: $ 27.64
Volume (M$): $ 30 52 Wk Avg: $24.12
Open: $22.50 52 Wk Low: $21.39



 Market Capitalization (Millions $) 83
 Shares Outstanding (Millions) 4
 Employees 172
 Revenues (TTM) (Millions $) 51
 Net Income (TTM) (Millions $) 14
 Cash Flow (TTM) (Millions $) 38
 Capital Exp. (TTM) (Millions $) 1

Qnb Corp

QNB was incorporated under the laws of the Commonwealth of Pennsylvania on June 4, 1984. QNB is registered with the Board of Governors of the Federal Reserve System as a bank holding company under the Bank Holding Company Act of 1956 and conducts its business through its wholly-owned subsidiary, QNB Bank (the “Bank”).

Prior to December 28, 2007, the Bank was a national banking association organized in 1877 as The Quakertown National Bank, was chartered under the National Banking Act and was subject to Federal and state laws applicable to national banks. Effective December 28, 2007, the Bank became a Pennsylvania chartered commercial bank and changed its name to QNB Bank. The Bank, whose principal office is located in Quakertown, Bucks County, Pennsylvania, operated eleven full-service community banking offices in Bucks, Montgomery and Lehigh counties in southeastern Pennsylvania as of December 31, 2017.

The Bank is engaged in the general commercial banking business and provides a full range of banking services to its customers. These banking services consist of, among other things, attracting deposits and using these funds in making commercial loans, residential mortgage loans, consumer loans, and purchasing investment securities. These deposits are in the form of time, demand and savings accounts. Time deposits include certificates of deposit and individual retirement accounts. The Bank’s demand and savings accounts include money market accounts, interest-bearing demand accounts (including a higher yielding checking account), club accounts, traditional statement savings accounts, and a higher yielding online savings account.



   Company Address: 15 North Third Street Quakertown 18951 PA
   Company Phone Number: 538-5600   Stock Exchange / Ticker: NONE QNBC
   


Customers Net Income fell by QNBC's Customers Net Profit Margin fell to

-6.33 %

17.2 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK   -0.33%    
CFG   -1%    
FCNCA        0.04% 
FITB   -2.51%    
MTB   -1.61%    
NTRS        1.27% 
• View Complete Report
   



Qnb Corp

Qnb Corp Reports Double-Digit Decline in Revenue and Earnings, Bucking Regional Banks' Positive Trend

Financial news report:
Qnb Corp Reports Contraction in Earnings Per Share and Revenue in Q3 2023
Qnb Corp, a regional bank, recently released its financial results for the July to September 30, 2023 time-frame. The company disclosed a contraction in earnings per share by -32.29% to $0.65 and a revenue decrease by -2.984% to $11.51 million compared to the same period last year.
The fall in Qnb Corp's top-line is not comparable to the overall performance of the Regional Banks sector, which recorded a revenue gain during the same time-frame. This indicates that Qnb Corp's revenue decline may be specific to the company rather than a sector-wide trend.
On a positive note, when comparing the results to the prior reporting period, Qnb Corp's bottom-line grew from $0.52 per share, and revenue advanced by 7.521% from $10.70 million. However, bottom-line figures of $2.344 million in the July to September 30, 2023 time-frame fell by -31.36% from $3.415 million in the corresponding period a year before.
The company's profitability in the mentioned time-frame has also been affected. Qnb Corp's operating margin mitigated to 24.66%, and net margin shrank to 20.37%. Operating earnings fell -29.91% to $2.838 million, which has led to a decline in Qnb Corp's operating margin from 34.13% in the third quarter of 2022. This indicates that the company's operational efficiency has been under pressure.

Qnb Corp

Strong Performance at Qnb Corp Boosts First Quarter 2023 Earnings Season

The recent financial results of Qnb Corp are a mixed bag for investors. While the company has reported an 8.86% increase in revenue in the first quarter of 2023, year on year to cumulative value of $52 million, with revenue per employee growing on a trailing twelve months basis to $303,326, their overall ranking has deteriorated compared to the fourth quarter of 2022 from 271.
Furthermore, among their peers within the financial sector, employees of 271 other companies have achieved higher revenue per employee. This indicates that Qnb needs to do more to improve employee productivity to remain competitive.






 

Qnb's Segments
 
 
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