QNB Corp. (Uplisting) (NASDAQ:QNBC) Director Acquires $10,011.30 in Stock

QNB Corp. (Uplisting) (NASDAQ:QNBC) Director Randy Bimes purchased 221 shares of the business’s stock in a transaction on Friday, September 25th. The shares were purchased at an average cost of $45.30 per share, for a total transaction of $10,011.30. Following the transaction, the director owned 268,684 shares of the company’s stock, valued at $12,171,385.20. This trade represents a 0.08% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

QNB Corp. (Uplisting) Price Performance

Shares of NASDAQ QNBC opened at $45.44 on Friday. The stock has a market cap of $277.18 million, a P/E ratio of 13.48 and a beta of 0.43. QNB Corp. has a twelve month low of $34.00 and a twelve month high of $46.00. The stock has a 50 day moving average of $44.55 and a two-hundred day moving average of $41.75. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

QNB Corp. (Uplisting) Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Friday, September 11th. QNB Corp. (Uplisting)’s payout ratio is presently 46.29%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on shares of QNB Corp. (Uplisting) in a research report on Friday, August 28th. They set a “hold (c)” rating on the stock. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, QNB Corp. (Uplisting) presently has an average rating of “Hold”.

About QNB Corp. (Uplisting)

QNB Corp. is the bank holding company for QNB Bank, a community banking institution headquartered in Quakertown, Pennsylvania. Through its banking subsidiary, the company provides financial services to individuals, families, small businesses and commercial customers.

QNB Bank offers a range of deposit products, including checking, savings and time deposit accounts, as well as consumer, residential mortgage and commercial loans. Its services also include online and mobile banking, cash management and other related banking solutions designed to support personal and business financial needs.

Founded in 1877, QNB Bank serves customers through its branch network and digital banking channels in southeastern Pennsylvania and surrounding communities.