QNB (OTCMKTS:QNBC) Issues Quarterly Earnings Results

by · The Markets Daily

QNB (OTCMKTS:QNBC – Get Free Report) released its quarterly earnings results on Tuesday. The financial services provider reported $0.83 EPS for the quarter, Zacks reports. QNB had a net margin of 11.00% and a return on equity of 9.86%.

QNB Stock Performance

QNBC remained flat at $34.00 during midday trading on Tuesday. The company’s stock had a trading volume of 163 shares, compared to its average volume of 920. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.77 and a current ratio of 0.77. The firm has a fifty day simple moving average of $33.44 and a two-hundred day simple moving average of $30.63. The stock has a market capitalization of $125.80 million, a PE ratio of 13.08 and a beta of 0.50. QNB has a 12-month low of $21.39 and a 12-month high of $34.99.

QNB Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a $0.37 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.35%. QNB’s payout ratio is presently 56.92%.

QNB Company Profile

(Get Free Report)

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.

Read More