Key Points
- Director Randy Bimes purchased 221 QNB Corp. shares at an average price of $45.30, investing $10,011.30 and increasing his direct holdings to 268,684 shares.
- QNB shares opened at $45.69, near their 52-week high of $46.00, with a $278.71 million market capitalization and a P/E ratio of 13.56.
- The company paid a quarterly dividend of $0.39 per share, equivalent to a 3.4% annualized yield, while analyst coverage remains at a consensus “Hold” rating.
QNB Corp. (Uplisting) (NASDAQ:QNBC - Get Free Report) Director Randy Bimes bought 221 shares of QNB Corp. (Uplisting) stock in a transaction that occurred on Friday, September 25th. The shares were acquired at an average cost of $45.30 per share, for a total transaction of $10,011.30. Following the completion of the transaction, the director directly owned 268,684 shares in the company, valued at $12,171,385.20. This represents a 0.08% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
QNB Corp. (Uplisting) Stock Performance
Shares of QNB Corp. (Uplisting) stock opened at $45.69 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.29. QNB Corp. has a 52 week low of $34.00 and a 52 week high of $46.00. The firm has a market capitalization of $278.71 million, a P/E ratio of 13.56 and a beta of 0.43. The company has a 50 day moving average price of $44.46 and a 200 day moving average price of $41.67.
QNB Corp. (Uplisting) 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 given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Friday, September 11th. QNB Corp. (Uplisting)'s dividend payout ratio is presently 46.29%.
Analyst Ratings Changes
Separately, Weiss Ratings assumed coverage on shares of QNB Corp. (Uplisting) in a report on Friday, August 28th. They set a "hold (c)" rating for the company. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of "Hold".
Get Our Latest Research Report on QNBC
QNB Corp. (Uplisting) Company Profile
(
Get Free Report)
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.
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