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Qnb Corp   (QNBC)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

QNBC's Net Income Growth by Quarter and Year

Qnb 's Net Income results by quarter and year




QNBC Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 5.45 4.15 4.15
III Quarter September 2.34 3.42 3.42 3.78
II Quarter June 1.89 3.35 3.87 3.93
I Quarter March 4.12 3.71 5.05 0.22
FY   8.35 15.93 16.49 12.08



QNBC Net Income third quarter 2023 Y/Y Growth Comment
Qnb Corp reported fall in Net Income in the third quarter 2023 by -31.46% to $ 2.34 millions, from the same quarter in 2022.
The drop in the third quarter 2023 Qnb Corp 's Net Income compares unfavorably to the Company's average Net Income jump of 60.61%.

Looking into third quarter 2023 results within Regional Banks industry 147 other companies have achieved higher Net Income growth. While Qnb Corp ' s Net Income drop of -31.46% ranks overall at the positon no. 1494 in the third quarter 2023.




QNBC Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 31.33 % 0 % 50.91 %
III Quarter September -31.46 % 0 % -9.52 % 22.33 %
II Quarter June -43.58 % -13.44 % -1.53 % 25.16 %
I Quarter March 11.05 % -26.53 % 2195.45 % -93.49 %
FY   - -3.4 % 36.51 % -2.27 %

Financial Statements
Qnb 's third quarter 2023 Net Income $ 2.34 millions QNBC's Income Statement
Qnb 's third quarter 2022 Net Income $ 3.42 millions Quarterly QNBC's Income Statement
New: More QNBC's historic Net Income Growth >>


QNBC Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 59.36 % 21.35 % 9.79 %
III Quarter September 24.02 % 2.09 % -11.63 % -3.82 %
II Quarter June -54.13 % -9.7 % -23.37 % 1686.36 %
I Quarter March -24.4 % -10.6 % 21.69 % -92 %
FY (Year on Year)   - -3.4 % 36.51 % -2.27 %




Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #148
Financial Sector #469
Overall #1494

Net Income Y/Y Growth Statistics
High Average Low
2195.45 % 60.61 % -93.49 %
(Mar 31 2021)   (Mar 31 2020)
Net Income third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #148
Financial Sector #469
Overall #1494
Net Income Y/Y Growth Statistics
High Average Low
2195.45 % 60.61 % -93.49 %
(Mar 31 2021)   (Mar 31 2020)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Qnb 's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
1688.18 % 44.34 % -91.99 %
(Jun 30 2020)  


QNBC's III. Quarter Q/Q Net Income Comment
Qnb Corp achieved in the III. Quarter 2023 below company average Net Income jump of 24.02% quarter on quarter, to $ 2.34 millions.

Although the III. Quarter 2023 Qnb 's performance was lower than the average , this was still promising story, as the III. Quarter surge, outshines the 2.09% Net Income rise in the III. Quarter a year ago

Within Regional Banks industry 11 other companies have achieved higher Net Income quarter on quarter growth. While Qnb 's Net Income growth quarter on quarter, overall rank is 304.


Net Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #12
Financial Sector #73
Overall #304
Net Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #12
Financial Sector #73
Overall #304
Net Income Q/Q Growth Statistics
High Average Low
1688.18 % 44.34 % -91.99 %
(Jun 30 2020)  


QNBC's III. Quarter Q/Q Net Income Comment
Qnb Corp achieved in the III. Quarter 2023 below company average Net Income jump of 24.02% quarter on quarter, to $ 2.34 millions.

III. Quarter 2023 Qnb 's results seem to be paradoxical, although below the ordinary growth of 44.34 %, yet it presents real improvement measured to the 2.09% in the III. Quarter 2022

Within Regional Banks industry 11 other companies have achieved higher Net Income quarter on quarter growth. While Qnb 's Net Income growth quarter on quarter, overall rank is 304.


Qnb 's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Net Income 12 Months Ending $ 13.80 $ 14.87 $ 16.33 $ 15.92 $ 14.62
Y / Y Net Income Growth (TTM) -5.66 % 1.61 % 7.77 % -3.46 % -11.34 %
Year on Year Net Income Growth Overall Ranking # 782 # 1249 # 1133 # 467 # 1145
Seqeuential Net Income Change (TTM) -7.2 % -8.95 % 2.56 % 8.88 % -0.06 %
Seq. Net Income Growth (TTM) Overall Ranking # 631 # 1082 # 1093 # 995 # 943




Cumulative Net Income growth Comment
For the 12 months ended Sep 30 2023 Qnb reported a decrease in Net Income by -5.66% year on year, to $14 millions, compare to the 1.61% growth at Jun 30 2023.

In the Financial sector 215 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 782, from total ranking in previous quarter at 1249.

Net Income TTM Q/Q Growth Statistics
High Average Low
83.88 %
7.84 %
-23.9 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 49
Financial Sector # 216
Overall # 782

Net Income TTM Y/Y Growth Statistics
High Average Low
83.88 %
7.84 %
-23.9 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 49
Sector # 169
S&P 500 # 631
Cumulative Net Income growth Comment
For the 12 months ended Sep 30 2023 Qnb reported a decrease in Net Income by -5.66% year on year, to $14 millions, compare to the 1.61% growth at Jun 30 2023.

In the Financial sector 215 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 782, from total ranking in previous quarter at 1249.

Net Income TTM Q/Q Growth Statistics
High Average Low
83.88 %
7.84 %
-23.9 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 49
Financial Sector # 216
Overall # 782

Net Income TTM Y/Y Growth Statistics
High Average Low
83.88 %
7.84 %
-23.9 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 49
Sector # 169
S&P 500 # 631




Other Net Income Growth
Regional Banks Industry Net Income Growth Trends and Statistics
Financial Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
QNBC's Net Income Growth Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for QNBC's Competitors
Net Income Growth for Qnb 's Suppliers
Net Income Growth for QNBC's Customers

You may also want to know
QNBC's Annual Growth Rates QNBC's Profitability Ratios QNBC's Asset Turnover Ratio QNBC's Dividend Growth
QNBC's Roe QNBC's Valuation Ratios QNBC's Financial Strength Ratios QNBC's Dividend Payout Ratio
QNBC's Roa QNBC's Inventory Turnover Ratio QNBC's Growth Rates QNBC's Dividend Comparisons



Companies with similar Net Income decrease for the quarter ending Sep 30 2023 within Financial SectorY/Y Change %Net Income for the quarter ending Sep 30 2023
Essent Group Ltd -0.05%$ -0.052 millions
Sierra Bancorp-0.50%$ -0.503 millions
Southern States Bancshares Inc -1.06%$ -1.060 millions
Apple Hospitality Reit Inc -1.07%$ -1.072 millions
Ally Financial Inc -1.10%$ -1.103 millions
Raymond James Financial Inc -1.14%$ -1.139 millions
Four Corners Property Trust Inc -1.47%$ -1.466 millions
Equifax inc -1.56%$ -1.558 millions
Aflac Incorporated-1.69%$ -1.692 millions
Crossfirst Bankshares inc -1.75%$ -1.750 millions
Blue Ocean Acquisition Corp-1.96%$ -1.963 millions
California Bancorp-2.19%$ -2.191 millions
Bank7 Corp -2.34%$ -2.338 millions
Hennessy Advisors Inc-2.40%$ -2.402 millions
East West Bancorp inc -2.57%$ -2.574 millions
Commerce Bancshares Inc -2.76%$ -2.763 millions
Amalgamated Financial Corp -2.77%$ -2.772 millions
Bar Harbor Bankshares-2.85%$ -2.852 millions
Stonex Group Inc -3.06%$ -3.059 millions
Webster Financial Corporation-3.20%$ -3.203 millions
Lamar Advertising Co-3.88%$ -3.882 millions
Diamondrock Hospitality Co-4.29%$ -4.290 millions
Csb Bancorp Inc-4.63%$ -4.630 millions
Silvercrest Asset Management Group Inc -4.66%$ -4.661 millions
Alerus Financial Corporation-4.76%$ -4.761 millions
New Peoples Bankshares Inc -4.83%$ -4.834 millions
Consumers Bancorp Inc-4.93%$ -4.931 millions
Stock Yards Bancorp Inc -5.07%$ -5.074 millions
Cf Bankshares Inc -5.13%$ -5.131 millions
Five Star Bancorp-5.63%$ -5.631 millions




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