QNB Corp (QNBC) CEO David W. Freeman Acquires 495 Shares

QNB Corp (OTCMKTS:QNBC) CEO David W. Freeman bought 495 shares of the stock in a transaction dated Friday, November 30th. The stock was purchased at an average price of $41.31 per share, with a total value of $20,448.45. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

OTCMKTS:QNBC traded down $0.30 during trading hours on Friday, reaching $43.55. 360 shares of the company traded hands, compared to its average volume of 694. The stock has a market capitalization of $152.25 million, a price-to-earnings ratio of 13.21 and a beta of 0.56. QNB Corp has a 1 year low of $43.55 and a 1 year high of $50.00.

QNB (OTCMKTS:QNBC) last announced its quarterly earnings data on Tuesday, October 23rd. The financial services provider reported $0.92 earnings per share (EPS) for the quarter. The business had revenue of $10.93 million during the quarter. QNB had a return on equity of 11.80% and a net margin of 19.58%.

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QNB Company Profile

QNB Corp. operates as the holding company for QNB Bank that provides commercial and retail banking services for the residents and businesses in southeastern Pennsylvania. 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.

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