Earnings ·
QNB Corp. reported second-quarter 2026 net income of $3,015,000, or $0.60 per diluted share, impacted by $2,227,000 in…
QNBCQnb Corp.
QNB Corp. reported second-quarter 2026 net income of $3,015,000, or $0.60 per diluted share, impacted by $2,227,000 in after-tax merger-related costs from the Victory Bancorp acquisition closed on April 1, 2026. Excluding these costs, adjusted net income was $5,242,000, or $1.05 per diluted share, compared to $3,883,000, or $1.04 per share, in the prior year period. The acquisition expanded the company's asset base to nearly $2.4 billion, with total assets reaching $2.399 billion as of June 30, 2026. Net interest income increased to $18,351,000, driven by a 47 basis point expansion in the tax-equivalent net interest margin to 3.16%. QNB Corp. operates as a bank holding company providing commercial, small business, and personal banking services through its subsidiary, QNB Bank, in Pennsylvania.