QNB (NASDAQ:QNBC) Raised to Strong-Buy at Brean Capital

QNB (NASDAQ:QNBC – Get Free Report) was upgraded by research analysts at Brean Capital to a “strong-buy” rating in a note issued to investors on Wednesday, Zacks reports.

QNBC has been the subject of several other reports. Wall Street Zen upgraded shares of QNB to a “hold” rating in a research note on Saturday, October 3rd. Weiss Ratings began coverage on shares of QNB in a research report on Friday, August 28th. They set a “hold (c)” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Check Out Our Latest Report on QNBC

QNB Trading Down 0.1%

QNB stock opened at $45.75 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. QNB has a 12 month low of $34.00 and a 12 month high of $46.60. The stock’s 50 day simple moving average is $45.03 and its two-hundred day simple moving average is $42.24. The firm has a market cap of $279.07 million, a PE ratio of 11.93 and a beta of 0.43.

QNB (NASDAQ:QNBC – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.60 EPS for the quarter. The business had revenue of $20.49 million for the quarter. QNB had a net margin of 12.40% and a return on equity of 13.96%.

QNB Company Profile

(Get Free Report)

QNB Corp. is a bank holding company headquartered in Quakertown, Pennsylvania. Through its principal subsidiary, QNB Bank, the company provides community banking services to individuals, families, businesses and organizations in eastern Pennsylvania.

QNB Bank offers deposit products, residential and commercial real estate lending, consumer loans and business financing. Its services also include digital banking, cash management and other financial solutions designed to support personal and commercial banking needs.

Founded in 1877, QNB has developed a branch network serving communities primarily in Bucks, Lehigh, Montgomery and Northampton counties.

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