QNB Q2 FY26 net income drops 22.36% to $3.02 million

Reuters2026/07/28 19:59

By:Reuters

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QNB Corp. posted GAAP Q2 net income of $3.02 million, down 22.36%, with diluted EPS of $0.60.
Adjusted Q2 net income excluding merger-related costs rose to $5.24 million, lifting adjusted diluted EPS to $1.05.
Tax-equivalent net interest income climbed 45.04% to $18.35 million, widening net interest margin by 47 basis points to 3.16%.
Total assets rose to $2.4 billion at June 30, 2026, with loans at $1.72 billion and deposits at $2.07 billion.
The Victory Bancorp acquisition closed April 1, 2026, expanding the franchise deeper into Montgomery County and pushing assets to nearly $2.4 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QNB Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607281559PRIMZONEFULLFEED9799619) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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QNB Q2 FY26 net income drops 22.36% to $3.02 million

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