QNB Corp. Reports Earnings For Fourth Quarter 2023 [Yahoo! Finance]
Q N B CORP (QNBC)
NASDAQ:AMEX Investor Relations:
qnb.com/cs/satellite/qnbqatar/en_qa/eninvestorrelation
Company Research
Source: Yahoo! Finance
Bank (the “Bank”), reported net income for the fourth quarter of 2023 of $1,134,000, or $0.31 per share on a diluted basis. This compares to net income of $5,447,000, or $1.52 per share on a diluted basis, for the same period in 2022. For the twelve months ended December 31, 2023, QNB reported net income of $9,483,000, or $2.63 per share on a diluted basis. This compares to net income of $15,921,000, or $4.47 per share on a diluted basis, reported for the same period in 2022. For the quarter ended December 31, 2023, the annualized rate of return on average assets and average shareholders' equity was 0.26% and 2.83%, respectively, compared with 1.24% and 14.38%, respectively, for the fourth quarter 2022. The operating performance of the Bank, a wholly-owned subsidiary of QNB Corp., declined for the quarter ended December 31, 2023, in comparison with the same period in 2022 due to interest margin compression causing a $1,150,000 decline in net interest income, additional provision f
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News
- QNB Corp. Reports Earnings For First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- QNB Corp. Reports Earnings For First Quarter 2024GlobeNewswire
- QNB Corp. Declares Q1 2024 DividendGlobeNewswire
- Director Randy Bimes Acquires 48,978 Shares of QNB Corp [Yahoo! Finance]Yahoo! Finance
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Sec Filings
- 4/23/24 - Form 8-K
- 4/9/24 - Form DEF
- 4/2/24 - Form 4
- QNBC's page on the SEC website