QNB (OTCMKTS:QNBC) Trading Up 0.2% – Here’s Why

QNB Corp. (OTCMKTS:QNBC)’s stock price was up 0.2% on Tuesday . The company traded as high as $33.07 and last traded at $33.05. Approximately 3,323 shares were traded during trading, an increase of 35% from the average daily volume of 2,462 shares. The stock had previously closed at $33.00.

QNB Price Performance

The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.66. The company has a market cap of $121.82 million, a price-to-earnings ratio of 12.71 and a beta of 0.51. The business has a 50-day moving average price of $31.46 and a 200 day moving average price of $28.51.

QNB (OTCMKTS:QNBC) last released its quarterly earnings results on Tuesday, October 22nd. The financial services provider reported $0.91 earnings per share for the quarter. The business had revenue of $13.09 million during the quarter. QNB had a return on equity of 9.86% and a net margin of 11.00%.

QNB Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 4.48%. The ex-dividend date is Friday, December 13th. QNB’s dividend payout ratio (DPR) is currently 56.92%.

About QNB

QNB Corp. operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services. It offers various deposit products, which include demand and savings accounts, such as money market, interest-bearing demand, club, traditional statement savings, and online savings accounts; and time deposits comprising certificates of deposit and individual retirement accounts.