Regional lender QNB's Q3 net income rises on higher interest margin

Overview

• QNB Corp. Q3 net income rises to $3.65 mln, impacted by merger-related costs

• Company announces merger with Victory Bancorp, expected to close by early 2026

• Net interest income for Q3 2025 increases by $1.87 mln year-over-year

Outlook

• QNB expects merger with Victory Bancorp to close in Q4 2025 or Q1 2026

Result Drivers

• INTEREST MARGIN IMPROVEMENT - QNB attributes increased net interest income to improved interest margins and higher yields on corporate debt securities

• LOAN AND DEPOSIT GROWTH - Increase in commercial real estate loans and deposit balances contributed to higher net interest income

• CREDIT LOSS PROVISION REDUCTION - Reduction in provision for credit losses positively impacted QNB's Q3 results

Key Details

Press Release:

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