QNB Corp. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	92.64	65.37	53.88	40.92	38.33
Interest Income on Investments	-	18.7	15.2	11.5	8.44
Total Interest Income	92.64	84.07	69.08	52.42	46.77
Interest Paid on Deposits	41.41	37.48	25	6.9	4.23
Interest Paid on Borrowings	-	3.73	3.93	1.02	0.42
Total Interest Expense	41.41	41.21	28.93	7.92	4.64
Net Interest Income	51.23	42.86	40.16	44.5	42.13
Net Interest Income Growth (YoY)	19.52%	6.74%	-9.76%	5.63%	13.10%
Gain (Loss) on Sale of Investments	-	0.7	-1.83	-0.76	2.73
Other Non-Interest Income	6.89	6.18	6.65	6.49	6.45
Total Non-Interest Income	6.96	6.91	4.84	5.73	9.78
Non-Interest Income Growth (YoY)	0.64%	42.92%	-15.60%	-41.41%	28.66%
Revenues Before Loan Losses	58.19	49.78	44.99	50.23	51.91
Provision for Loan Losses	0.45	-0.07	-0.84	-0.85	0.46
Revenue	57.74	49.84	45.84	51.08	51.45
Revenue Growth (YoY)	15.84%	8.74%	-10.26%	-0.72%	18.00%
Salaries and Employee Benefits	21.26	19.54	18.84	17.22	17.35
Occupancy Expenses	6.75	1.47	1.5	1.48	1.48
Federal Deposit Insurance	-	1.16	1.06	0.77	0.79
Selling, General & Administrative	-	9.05	8.47	7.81	7.44
Other Non-Interest Expense	10.65	4.26	4.24	4.21	3.94
Total Non-Interest Expense	38.67	35.48	34.11	31.49	31
EBT Excluding Unusual Items	19.07	14.36	11.73	19.59	20.45
Pretax Income	17.93	14.36	11.73	19.59	20.45
Income Tax Expense	3.84	2.91	2.24	3.67	3.96
Net Income	14.09	11.45	9.48	15.92	16.49
Net Income to Common	14.09	11.45	9.48	15.92	16.49
Net Income Growth	23.08%	20.72%	-40.44%	-3.46%	36.49%
Basic Shares Outstanding	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4
Shares Change (YoY)	1.51%	1.74%	1.30%	0.29%	0.47%
EPS (Basic)	3.79	3.12	2.63	4.47	4.64
EPS (Diluted)	3.78	3.12	2.63	4.47	4.64
EPS Growth	21.25%	18.70%	-41.20%	-3.74%	35.84%
Dividend Per Share	1.520	1.480	1.480	1.440	1.400
Dividend Growth	2.70%	-	2.78%	2.86%	2.94%
Effective Tax Rate	21.42%	20.27%	19.13%	18.71%	19.37%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.