QNB Corp. (Uplisting) (NASDAQ:QNBC) Director Randy Bimes Purchases 221 Shares of Stock

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

QNB Corp. (Uplisting) Trading Up 0.3%

NASDAQ QNBC traded up $0.14 during mid-day trading on Tuesday, hitting $45.78. The company’s stock had a trading volume of 11,687 shares, compared to its average volume of 5,455. The firm has a market capitalization of $279.26 million, a P/E ratio of 13.58 and a beta of 0.43. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.84 and a quick ratio of 0.84. QNB Corp. has a 52-week low of $34.00 and a 52-week high of $46.00. The stock’s fifty day simple moving average is $44.41 and its two-hundred day simple moving average is $41.60.

QNB Corp. (Uplisting) Dividend Announcement

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

Analyst Upgrades and Downgrades

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

QNB Corp. (Uplisting) Company Profile

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.