QNB (QNBC) Set to Post Earnings on Tuesday

QNB (NASDAQ:QNBC) is projected to announce its resultson Tuesday, October 27th. Analysts expect QNB to post earnings of $1.11 per share and revenue of $20.80 million for the quarter.

QNB (NASDAQ:QNBC) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.60 earnings per share (EPS) for the quarter. QNB had a return on equity of 13.96% and a net margin of 12.40%. The company had revenue of $20.49 million for the quarter. On average, analysts expect QNB to post $4.36 EPS for the current fiscal year and $4.75 EPS for the next fiscal year.

QNB Stock Up 0.0%

QNBC opened at $45.71 on Tuesday. QNB has a one year low of $34.00 and a one year high of $46.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 0.84. The stock’s fifty day moving average is $45.11 and its 200-day moving average is $42.33. The company has a market capitalization of $278.83 million, a PE ratio of 11.90 and a beta of 0.43.

QNB Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $1.56 annualized dividend and a yield of 3.4%. QNB’s dividend payout ratio (DPR) is currently 46.29%.

Wall Street Analyst Weigh In

QNBC has been the topic of a number of research analyst reports. Weiss Ratings started coverage on QNB in a report on Friday, August 28th. They set a “hold (c)” rating on the stock. Brean Capital upgraded shares of QNB to a “strong-buy” rating in a research report on Wednesday, October 14th. Zacks Research raised shares of QNB to a “hold” rating in a report on Thursday, October 15th. Finally, Wall Street Zen raised shares of QNB from a “hold” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

QNB Company Profile

QNB Corp. is a bank holding company headquartered in Quakertown, Pennsylvania. Through its principal subsidiary, QNB Bank, the company provides community banking services to individuals, families, businesses and organizations in eastern Pennsylvania.

QNB Bank offers deposit products, residential and commercial real estate lending, consumer loans and business financing. Its services also include digital banking, cash management and other financial solutions designed to support personal and commercial banking needs.

Founded in 1877, QNB has developed a branch network serving communities primarily in Bucks, Lehigh, Montgomery and Northampton counties.