QNB (OTCMKTS:QNBC) Issues Earnings Results

QNB (OTCMKTS:QNBC) announced its quarterly earnings results on Tuesday. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, Zacks reports. QNB had a return on equity of 11.61% and a net margin of 12.58%.

QNB Stock Performance

QNB stock opened at $34.00 on Thursday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.66. The stock has a market cap of $125.80 million, a PE ratio of 10.90 and a beta of 0.50. QNB has a 12-month low of $21.39 and a 12-month high of $34.99. The business’s 50-day moving average price is $33.50 and its two-hundred day moving average price is $30.73.

QNB Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.35%. QNB’s dividend payout ratio (DPR) is currently 47.44%.

QNB Company Profile

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.