Market cap data unavailable. We couldn't positively verify this ticker's market cap is under $500M. Verify independently before trading.
QNB Corp.
- Market Cap
- Unavailable
- Price
- $44.07
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.46%
- Volume
- 30.7K
About
QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services in the United States. The company offers demand and savings accounts, such as money market accounts, interest-bearing demand accounts, club accounts, traditional statement savings accounts, and online savings account, as well as time deposits, including certificates of deposit and individual retirement accounts. It also provides commercial real estate loans comprising construction and land development loans; industrial loans; commercial and industrial loans; residential real estate loans; residential mortgage loans; consumer loans; fixed-rate home equity loans and variable-rate home equity lines of credit; and purchases investment securities. In addition, the company offers retail brokerage and advisory services; insurance products; merchant services; ATM, and debit and credit card services; and internet and mobile-banking, electronic bill pay, and remote deposit capture services. QNB Corp. was founded in 1877 and is based in Quakertown, Pennsylvania.
Quick stats
Shares outstanding—
Computed float2.8M
Float / sharesUnknown
Key info
SectorFinancial Services
IndustryBanks - Regional
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000750558
Websitehttps://www.qnbbank.com
AI Summary
AI-generated1/12
minorneutraloffering
QNB Corp. Announces Exercise of Overallotment Option of 160,714 Shares of Common Stock
QNB Corp. announced that underwriters have fully exercised their overallotment option, purchasing an additional 160,714 shares of common stock at the public offering price of $42.00 per share.
This exercise generates approximately $6.3 million in gross proceeds, bringing the total size of the public offering to about $48.3 million and the total shares sold to 1,232,142.
The company plans to use the net proceeds for general corporate purposes, including balance sheet restructuring, redeeming subordinated notes, and funding new loans to support capital ratios and growth.