Your email has been successfully added to our mailing list.

×
0 0 0 0 -0.000283607487237607 -0.00170164492342584 -0.016732841747022 -0.0127623369256947
Stock impact report

QNB to buy smaller Pennsylvania bank for $41M [Yahoo! Finance]

Q N B CORP (QNBC) 
Company Research Source: Yahoo! Finance
Quakertown, Pennsylvania-based QNB Corp. is buying Victory Bancorp, a smaller in-state peer, in a $40.97 million deal, the bank holding company announced Wednesday The acquisition, expected to close as soon as the fourth quarter, will create a company with roughly $2.4 billion in assets with a combined market capitalization of $173 million, QNB said. The deal's value is based on QNB's closing stock price of $25.60 from Monday, putting the price per share for Victory common stock at $19.58. Under the agreement, Victory shareholders would receive half a share of QNB common stock for each Victory share they own. “The combination will result in a strong, well-diversified bank, positioning us to accelerate growth,” QNB CEO Dave Freeman said in a prepared statement. “The close alignment between our leadership teams and boards will help us surpass customer expectations as we support them in reaching their financial goals.” Freeman is expected to remain in his role at the combined co Show less Read more
Impact Snapshot
Event Time:
QNBC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for QNBC alerts
Opt-in for
QNBC alerts

from News Quantified
Opt-in for
QNBC alerts

from News Quantified