Qnb Corp - Understand $qnbc stock

$QNBC Market Cap: $121.7 Million

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Financial Snapshot

Revenue

$81.12M

TTM

Gross Margin

Net Earnings

$9.531M

TTM

Current Assets

Current Liabilities

$27.66M

Q3 2024

Current Ratio

Total Assets

$1.842B

Q3 2024

Total Liabilities

$1.736B

Q3 2024

Book Value

$105.3M

Q3 2024

Cash

$104.2M

Q3 2024

P/E

12.76

Nov 29, 2024 EST

Free Cash Flow

$12.81M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$69.08M	$52.42M	$46.77M	$43.69M	$46.42M	$43.20M	$38.10M	$33.24M	$31.88M
YoY Change	31.78%	12.08%	7.04%	-5.87%	7.45%	13.38%	14.64%	4.27%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$69.08M	$52.42M	$46.77M	$43.69M	$46.42M	$43.20M	$38.10M	$33.24M	$31.88M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.714M	$1.724M	$1.828M	$2.035M	$1.832M	$990.0K	$821.0K	$891.0K	$1.024M	$1.167M	$1.150M	$1.010M	$860.0K	$850.0K	$890.0K	$900.0K	$760.0K	$740.0K
YoY Change	-0.58%	-5.69%	-10.17%	11.08%	85.05%	20.58%	-7.86%	-12.99%	-12.25%	1.48%	13.86%	17.44%	1.18%	-4.49%	-1.11%	18.42%	2.7%	-16.85%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	$28.93M	$7.924M	$4.643M	$6.445M	$10.12M	$8.185M	$5.680M	$4.733M	$4.506M
YoY Change	265.06%	70.67%	-27.96%	-36.34%	23.69%	44.1%	20.01%	5.04%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	$11.73M	$19.59M	$20.45M	$14.65M	$15.21M	$12.89M	$14.19M	$11.98M	$10.80M	$11.64M	$10.74M	$11.78M	$11.36M	$9.050M	$4.850M	$7.310M	$3.330M	$6.450M
YoY Change	-40.13%	-4.24%	39.66%	-3.7%	17.96%	-9.14%	18.46%	10.88%	-7.21%	8.4%	-8.83%	3.7%	25.52%	86.6%	-33.65%	119.52%	-48.37%	0.16%
Income Tax	$2.244M	$3.665M	$3.961M	$2.562M	$2.850M	$1.557M	$5.900M	$3.054M	$2.570M	$2.644M	$2.350M	$2.610M	$2.480M	$1.830M	$620.0K	$1.560M	$290.0K	$1.030M
% Of Pretax Income	19.14%	18.71%	19.37%	17.49%	18.74%	12.08%	41.58%	25.5%	23.79%	22.71%	21.88%	22.16%	21.83%	20.22%	12.78%	21.34%	8.71%	15.97%
Net Earnings	$9.483M	$15.92M	$16.49M	$12.08M	$12.36M	$11.34M	$8.289M	$8.924M	$8.233M	$8.998M	$8.390M	$9.180M	$8.880M	$7.220M	$4.230M	$5.750M	$3.050M	$5.420M
YoY Change	-40.44%	-3.46%	36.49%	-2.22%	9.02%	36.75%	-7.12%	8.39%	-8.5%	7.25%	-8.61%	3.38%	22.99%	70.69%	-26.43%	88.52%	-43.73%	7.33%
Net Earnings / Revenue	13.73%	30.37%	35.26%	27.65%	26.62%	26.24%	21.75%	26.85%	25.83%
Basic Earnings Per Share	$2.63	$4.47	$4.64	$3.42	$3.53	$3.27	$2.42	$2.64	$2.47	$2.73
Diluted Earnings Per Share	$2.63	$4.47	$4.64	$3.42	$3.53	$3.25	$2.41	$2.63	$2.46	$2.72	$2.574M	$2.860M	$2.810M	$2.322M	$1.365M	$1.820M	$962.1K	$1.704M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$14.95M	$15.46M	$16.50M	$15.40M	$15.60M	$9.900M	$8.500M	$8.700M	$9.300M	$9.700M	$9.900M	$9.000M	$7.600M	$6.600M	$6.200M	$6.700M	$6.700M	$6.400M
YoY Change	-3.3%	-6.28%	7.14%	-1.28%	57.58%	16.47%	-2.3%	-6.45%	-4.12%	-2.02%	10.0%	18.42%	15.15%	6.45%	-7.46%	0.0%	4.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$19.29M	$23.08M	$2.400M	$100.0K	$1.400M	$3.700M	$3.300M	$5.500M	$3.700M	$2.900M	$5.500M
YoY Change	-16.41%	861.54%	2300.0%	-92.86%	-62.16%	12.12%	-40.0%	48.65%	27.59%	-47.27%
Total Long-Term Assets
YoY Change
Total Assets	$1.706B	$1.668B	$1.673B	$1.440B	$1.225B	$1.176B	$1.152B	$1.063B	$1.021B	$977.1M	$932.9M	$919.9M	$868.8M	$809.3M	$762.4M	$664.4M	$609.8M	$614.5M
YoY Change
Accounts Payable	$5.294M	$467.0K	$200.0K	$400.0K	$900.0K	$400.0K	$400.0K	$300.0K	$300.0K	$300.0K	$400.0K	$500.0K	$800.0K	$1.100M	$1.600M	$2.300M	$2.300M	$2.200M
YoY Change	1033.62%	133.5%	-50.0%	-55.56%	125.0%	0.0%	33.33%	0.0%	0.0%	-25.0%	-20.0%	-37.5%	-27.27%	-31.25%	-30.43%	0.0%	4.55%
Accrued Expenses	$369.0K	$43.00K	$700.0K	$1.100M	$4.100M
YoY Change	758.14%	-93.86%	-36.36%	-73.17%
Deferred Revenue
YoY Change
Short-Term Debt	$94.09M	$161.3M	$68.50M	$58.80M	$44.10M	$47.00M	$41.80M	$52.70M	$37.20M	$35.20M	$35.20M	$32.50M	$24.00M	$29.80M	$28.40M	$21.70M	$34.00M	$30.10M
YoY Change	-41.67%	135.51%	16.5%	33.33%	-6.17%	12.44%	-20.68%	41.67%	5.68%	0.0%	8.31%	35.42%	-19.46%	4.93%	30.88%	-36.18%	12.96%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$99.76M	$510.0K	$900.0K	$1.500M	$5.000M	$400.0K	$400.0K	$300.0K	$300.0K	$300.0K	$400.0K	$500.0K	$800.0K	$1.100M	$1.600M	$2.300M	$2.300M	$2.200M
YoY Change	19460.2%	-43.33%	-40.0%	-70.0%	1150.0%	0.0%	33.33%	0.0%	0.0%	-25.0%	-20.0%	-37.5%	-27.27%	-31.25%	-30.43%	0.0%	4.55%
Long-Term Debt	$20.00M	$10.00M	$10.00M	$10.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$5.000M	$300.0K	$300.0K	$300.0K	$35.00M	$35.00M	$25.00M	$52.00M
YoY Change	100.0%	0.0%	0.0%							-100.0%	1566.67%	0.0%	0.0%	-99.14%	0.0%	40.0%	-51.92%
Other Long-Term Liabilities	$7.024M	$7.333M	$7.700M	$7.400M	$5.500M	$4.200M	$3.700M	$3.200M	$3.200M	$3.700M	$2.200M	$2.400M	$2.100M	$2.000M	$6.900M	$1.800M	$1.100M	$900.0K
YoY Change	-4.21%	-4.77%	4.05%	34.55%	30.95%	13.51%	15.63%	0.0%	-13.51%	68.18%	-8.33%	14.29%	5.0%	-71.01%	283.33%	63.64%	22.22%
Total Long-Term Liabilities	$27.02M	$17.33M	$17.70M	$17.40M	$5.500M	$4.200M	$3.700M	$3.200M	$3.200M	$3.700M	$7.200M	$2.700M	$2.400M	$2.300M	$41.90M	$36.80M	$26.10M	$52.90M
YoY Change	55.91%	-2.07%	1.72%	216.36%	30.95%	13.51%	15.63%	0.0%	-13.51%	-48.61%	166.67%	12.5%	4.35%	-94.51%	13.86%	41.0%	-50.66%
Total Liabilities	$1.615B	$1.598B	$1.537B	$1.306B	$1.104B	$1.071B	$1.054B	$969.6M	$930.5M	$890.8M	$857.3M	$842.3M	$798.0M	$748.2M	$706.0M	$610.5M	$556.6M	$564.1M
YoY Change	1.12%	3.95%	17.69%	18.25%	3.1%	1.64%	8.68%	4.2%	4.46%	3.91%	1.78%	5.55%	6.66%	5.98%	15.64%	9.68%	-1.33%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	3.611M	3.564M	3.554M	3.537M	3.498M	3.463M	3.429M	3.387M	3.338M	3.292M
Diluted Shares Outstanding	3.611M	3.564M	3.554M	3.537M	3.504M	3.483M	3.446M	3.396M	3.351M	3.303M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $121.65 Million

About QNB CORP

QNB Corp. is a bank holding company, which engages in the provision of commercial, retail banking, and retail brokerage services. The company is headquartered in Quakertown, Pennsylvania and currently employs 189 full-time employees. The Bank is engaged in the general commercial banking business and provides a full range of banking services to its customers. These banking services consist of attracting deposits and using these funds in making commercial loans, residential mortgage loans, consumer loans, purchasing investment securities and others. These deposits are in the form of time, demand and savings accounts. Time deposits include certificates of deposit and individual retirement accounts. The Bank's demand and savings accounts include money market accounts, interest-bearing demand accounts (including a higher yielding checking account), club accounts, traditional statement savings accounts, and a higher yielding online savings account. The company provides securities and advisory services under the name of QNB Financial Services through a registered Broker/Dealer and Registered Investment Advisor, and title insurance as a member of Laurel Abstract Company LLC.

Industry: State Commercial Banks Peers: Affinity Bancshares, Inc. COMMUNITY BANCORP /VT PNC FINANCIAL SERVICES GROUP, INC. SOUTHERN MICHIGAN BANCORP INC UNION BANKSHARES INC UNITED BANCORP INC /OH/