QNB (OTCMKTS:QNBC) Releases Earnings Results

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

QNB Price Performance

Shares of OTCMKTS:QNBC opened at $34.00 on Thursday. The company has a 50-day moving average price of $33.50 and a two-hundred day moving average price of $30.73. QNB has a twelve month low of $21.39 and a twelve month high of $34.99. 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 firm has a market capitalization of $125.80 million, a PE ratio of 10.90 and a beta of 0.50.

QNB Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders 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 yield of 4.35%. QNB’s dividend payout ratio (DPR) is presently 47.44%.

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.