QNB Corp. - Common Stock (QNBC)

Quakertown, PA, Sept. 08, 2026 (GLOBE NEWSWIRE) -- QNB Corp. (NASDAQ: QNBC) (the “Company”), parent company of QNB Bank (the “Bank”), today announced the execution of a strategic repositioning of a portion of its available for sale (“AFS”) securities portfolio.  The Company sold $254.4 million in book value of AFS securities with a weighted-average yield of 1.59%, representing approximately 46.8% of the total securities portfolio.  The Company also unwound $162.0 million in notional amount of pay-fixed swaps. The Company estimates the AFS sales and swaps unwind will result in a net pre-tax loss of approximately $26.2 million, which will be included in the Company’s financial results for the third quarter of 2026.

QUAKERTOWN, Pa., Aug. 20, 2026 (GLOBE NEWSWIRE) -- QNB Corp. (Nasdaq: QNBC) (the “Company”), parent company of QNB Bank, today announced that the underwriters for its recently announced public offering of common stock have exercised their overallotment option in full to purchase an additional 160,714 shares of common stock at the public offering price of $42.00 per share, less underwriting discounts and commissions. The expected proceeds to the Company in connection with the exercise of the option and the issuance of the additional shares, after deducting the underwriting discount and commissions but before deducting operating expenses payable by the Company, are approximately $6.3 million with expected proceeds totaling $48.3 million for the combined public offering. The full exercise of the overallotment option brought the total number of shares of common stock sold by the Company in the public offering to 1,232,142 shares. The Company’s common stock trades on the Nasdaq Capital Market under the ticker symbol “QNBC.”