QNB Corp. Reports Earnings for Third Quarter 2024
Q N B CORP (QNBC)
NASDAQ:AMEX Investor Relations:
qnb.com/cs/satellite/qnbqatar/en_qa/eninvestorrelation
Company Research
Source: GlobeNewswire
QUAKERTOWN, Pa., Oct. 22, 2024 (GLOBE NEWSWIRE) -- QNB Corp. (the “Company” or “QNB”) (OTC Bulletin Board: QNBC), the parent company of QNB Bank (the “Bank”), reported net income for the third quarter of 2024 of $3,338,000, or $0.91 per share on a diluted basis. This compares to net income of $2,344,000, or $0.65 per share on a diluted basis, for the same period in 2023. For the nine months ended September 30, 2024, QNB reported net income of $8,397,000, or $2.29 per share on a diluted basis. This compares to net income of $8,349,000, or $2.32 per share on a diluted basis, reported for the same period in 2023. For the third quarter of 2024, the annualized rate of return on average assets and average shareholders’ equity was 0.72% and 8.13%, respectively, compared with 0.52% and 5.88%, respectively, for the third quarter 2023. The operating performance of the Bank, a wholly-owned subsidiary of QNB Corp., improved for the quarter ended September 30, 2024, in comparison with the sam
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Sec Filings
- 11/14/24 - Form SC
- 11/7/24 - Form 10-Q
- 10/22/24 - Form 8-K
- QNBC's page on the SEC website