QNB (OTCMKTS:QNBC) Announces Earnings Results

QNB (OTCMKTS:QNBC - Get Free Report) issued its earnings results on Tuesday. The financial services provider reported $1.04 earnings per share for the quarter, Zacks reports. The business had revenue of $14.30 million for the quarter. QNB had a return on equity of 12.16% and a net margin of 13.34%.

QNB Stock Down 0.7%

Shares of QNBC stock traded down $0.25 on Friday, reaching $34.48. 100 shares of the stock were exchanged, compared to its average volume of 2,085. The company has a market capitalization of $128.27 million, a price-to-earnings ratio of 9.94 and a beta of 0.47. The business's 50 day moving average price is $34.08 and its 200 day moving average price is $34.51. QNB has a twelve month low of $27.56 and a twelve month high of $35.98. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.64.

QNB Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 13th were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 4.41%. QNB's dividend payout ratio (DPR) is 49.03%.

About QNB

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. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts.