Earnings summaries and quarterly performance for QNB.
Executive leadership at QNB.
David W. Freeman
Detailed
Chief Executive Officer and President
CEO
Christina S. McDonald
Detailed
Executive Vice President, Chief Marketing Officer and Chief Retail Lending Officer
Christopher T. Cattie
Detailed
Executive Vice President and Chief Operating Officer
Courtney L. Covelens
Detailed
Executive Vice President, Chief Retail Officer and Chief Business Banking Officer
Jeffrey Lehocky
Detailed
Executive Vice President and Chief Financial Officer
Scott G. Orzehoski
Detailed
Executive Vice President and Chief Lending Officer
Board of directors at QNB.
Autumn R. Bayles
Detailed
Director
Gerald E. Gorski
Detailed
Director
Jennifer L. Mann
Detailed
Director
Kenneth F. Brown, Jr.
Detailed
Director
Laurie A. Bergman
Detailed
Director
Ranajoy Ray-Chauduri
Detailed
Director
Randall E. Stauffer
Detailed
Director
Randy S. Bimes
Detailed
Chairman of the Board
Scott R. Stevenson
Detailed
Director
W. Randall Stauffer
Detailed
Director
Research analysts covering QNB.
Recent press releases and 8-K filings for QNBC.
QNB Corp. Declares Quarterly Cash Dividend
QNBC
Dividends
- QNB Corp.'s Board of Directors declared a quarterly cash dividend of $0.38 per share on November 25, 2025.
- The cash dividend is payable on December 26, 2025, to shareholders of record on December 12, 2025.
Nov 25, 2025, 6:30 PM
Victory Bancorp Announces Third Quarter 2025 Financial Results
QNBC
Earnings
M&A
- The Victory Bancorp, Inc. reported net income of $358 thousand for the third quarter ended September 30, 2025, with basic earnings per common share at $0.18. These results were significantly impacted by $374 thousand in merger expenses related to the anticipated merger with QNB; excluding these costs, basic earnings per common share would have been $0.33.
- Total deposits grew to $436.74 million as of September 30, 2025, an increase of $38.57 million from September 30, 2024.
- Book value per common share rose to an all-time high of $15.85 as of September 30, 2025.
- Credit quality remained strong, with no nonperforming assets reported and net charge-offs at -(0.01)% for the quarter.
Nov 3, 2025, 7:04 PM
QNB Corp. Reports Q3 2025 Earnings and Announces Acquisition of Victory Bancorp
QNBC
Earnings
M&A
- QNB Corp. reported net income of $3,648,000, or $0.98 per diluted share, for the third quarter of 2025, and $10,109,000, or $2.72 per diluted share, for the nine months ended September 30, 2025. Excluding $519,000 in merger-related costs, diluted EPS was $1.09 for Q3 2025 and $2.83 for the nine-month period.
- The company announced a definitive agreement to acquire The Victory Bancorp, Inc. in an all-stock transaction, which is expected to create a bank holding company with nearly $2.4 billion in assets and close in Q4 2025 or Q1 2026.
- As of September 30, 2025, total assets were $1,903,244,000, with loans receivable at $1,246,529,000 and total deposits at $1,681,540,000.
- Net interest income for the third quarter of 2025 totaled $12,998,000, with a net interest margin of 2.72%. Non-performing loans increased to $8,947,000, or 0.72% of loans receivable, at September 30, 2025, primarily due to one commercial customer relationship.
Oct 28, 2025, 6:29 PM
QNB Group's Hong Kong Branch Secures HKD30 Billion Green Loan for MTR Corporation
QNBC
Debt Issuance
New Projects/Investments
- QNB Group's Hong Kong branch acted as a Mandated Lead Arranger, Bookrunner, Underwriter, and Green Loan Coordinator for a HKD30 billion syndicated green term loan facility for MTR Corporation.
- Finalized in September 2025, this facility is the largest unsecured international syndicated green term loan (excluding project finance) in Asia, the Middle East, and North Africa by a Hong Kong corporation with a tenor of 7 years or longer.
- The loan, which attracted HKD120 billion in demand before closing at HKD30 billion, will finance and refinance eligible green projects as outlined in MTR's Sustainable Finance Framework.
- This transaction follows an MoU signed in May 2025 between QNB Group and MTR, aligning with QNB's strategy to expand its presence in Hong Kong and the Greater China region.
Oct 9, 2025, 2:10 PM
QNB Corp. to Acquire The Victory Bancorp, Inc. in All-Stock Transaction
QNBC
M&A
Guidance Update
Board Change
- QNB Corp. announced a definitive agreement on September 23, 2025, to acquire The Victory Bancorp, Inc. in an all-stock transaction valued at approximately $40.97 million.
- Under the terms of the agreement, Victory shareholders will receive 0.5500 shares of QNB common stock for each share of Victory common stock they own.
- The merger is projected to create a bank holding company with nearly $2.4 billion in assets and is expected to be approximately 16% accretive to QNB’s 2026 estimated EPS and over 35% accretive to Victory’s 2026 projected EPS.
- The transaction is anticipated to close in the fourth quarter of 2025 or the first quarter of 2026, pending satisfaction of shareholder and regulatory approvals.
Sep 23, 2025, 8:12 PM
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