QNB Corp. (QNBC)

QNB Corp. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	72.33	65.37	53.88	40.92	38.33	36.5
Interest Income on Investments	18.7	18.7	15.2	11.5	8.44	7.19
Total Interest Income	91.04	84.07	69.08	52.42	46.77	43.69
Interest Paid on Deposits	39.14	37.48	25	6.9	4.23	6.06
Interest Paid on Borrowings	3.73	3.73	3.93	1.02	0.42	0.38
Total Interest Expense	42.87	41.21	28.93	7.92	4.64	6.45
Net Interest Income	48.16	42.86	40.16	44.5	42.13	37.25
Net Interest Income Growth (YoY)	14.46%	6.74%	-9.76%	5.63%	13.10%	0.26%
Gain (Loss) on Sale of Investments	0.07	0.7	-1.83	-0.76	2.73	0.56
Other Non-Interest Income	6.6	6.18	6.65	6.49	6.45	5.32
Total Non-Interest Income	6.73	6.91	4.84	5.73	9.78	7.6
Non-Interest Income Growth (YoY)	21.20%	42.92%	-15.60%	-41.41%	28.66%	-8.60%
Revenues Before Loan Losses	54.89	49.78	44.99	50.23	51.91	44.85
Provision for Loan Losses	0.24	-0.07	-0.84	-0.85	0.46	1.25
Revenue	54.65	49.84	45.84	51.08	51.45	43.6
Revenue Growth (YoY)	15.90%	8.74%	-10.26%	-0.72%	18.00%	-1.29%
Salaries and Employee Benefits	20.41	19.54	18.84	17.22	17.35	16.43
Occupancy Expenses	2.05	1.47	1.5	1.48	1.48	1.36
Federal Deposit Insurance	1.16	1.16	1.06	0.77	0.79	0.57
Selling, General & Administrative	9.05	9.05	8.47	7.81	7.44	7.21
Other Non-Interest Expense	5.53	4.26	4.24	4.21	3.94	3.4
Total Non-Interest Expense	38.19	35.48	34.11	31.49	31	28.96
EBT Excluding Unusual Items	16.45	14.36	11.73	19.59	20.45	14.65
Pretax Income	16.45	14.36	11.73	19.59	20.45	14.65
Income Tax Expense	3.29	2.91	2.24	3.67	3.96	2.56
Net Income	13.16	11.45	9.48	15.92	16.49	12.08
Net Income to Common	13.16	11.45	9.48	15.92	16.49	12.08
Net Income Growth	38.08%	20.72%	-40.44%	-3.46%	36.49%	-2.22%
Basic Shares Outstanding	4	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4	4
Shares Change (YoY)	1.50%	1.74%	1.30%	0.29%	0.47%	0.95%
EPS (Basic)	3.55	3.12	2.63	4.47	4.64	3.42
EPS (Diluted)	3.55	3.12	2.63	4.47	4.64	3.42
EPS Growth	36.36%	18.70%	-41.20%	-3.74%	35.84%	-3.23%
Dividend Per Share	1.510	1.480	1.480	1.440	1.400	1.360
Dividend Growth	2.03%	-	2.78%	2.86%	2.94%	3.03%
Effective Tax Rate	20.02%	20.27%	19.13%	18.71%	19.37%	17.49%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.