QNB (OTCMKTS:QNBC) Trading 0.2% Higher – Still a Buy?

QNB Corp. (OTCMKTS:QNBC) was up 0.2% on Tuesday . The stock traded as high as $33.07 and last traded at $33.05. Approximately 3,323 shares changed hands during mid-day 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 market capitalization of $121.82 million, a P/E ratio of 12.71 and a beta of 0.51. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.66. The business has a 50 day simple moving average of $31.46 and a 200-day simple moving average of $28.51.

QNB (OTCMKTS:QNBC) last announced its quarterly earnings results on Tuesday, October 22nd. The financial services provider reported $0.91 earnings per share (EPS) for the quarter. The company 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 Announces Dividend

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

QNB Company Profile

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.