QNB net income falls 22.36% to $3.02 million in Q2 FY26; adjusted diluted EPS rises to $1.05 excluding merger costs

Reuters2026/08/10 19:48

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QNB posted Q2 net income of USD 3.02 million, down 22.36%, with diluted EPS of USD 0.60 versus USD 1.04 a year earlier.
Adjusted (non-GAAP) Q2 net income excluding merger-related costs was USD 5.24 million; adjusted diluted EPS was USD 1.05.
Net interest income rose USD 5.7 million to USD 18.35 million; tax-equivalent net interest margin widened 47 basis points to 3.16%.
Non-interest expense climbed USD 6.87 million to USD 16.44 million, including USD 3.08 million of merger-related expenses tied to Victory acquisition.
Total assets were USD 2.4 billion at June 30, 2026, reflecting the April 1 acquisition of Victory Bancorp, expanding the franchise deeper into Montgomery County.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-342264), on August 10, 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 net income falls 22.36% to $3.02 million in Q2 FY26; adjusted diluted EPS rises to $1.05 excluding merger costs

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