QNB Corp. Files 2024 Annual Report
Ticker: QNBC · Form: 10-K · Filed: Mar 18, 2025 · CIK: 750558
| Field | Detail |
|---|---|
| Company | Qnb CORP (QNBC) |
| Form Type | 10-K |
| Filed Date | Mar 18, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, banking, financials
TL;DR
QNB Corp. 2024 10-K is in. Check out their commercial & retail portfolios and hedging strategies.
AI Summary
QNB Corp. filed its 10-K for the fiscal year ending December 31, 2024, on March 18, 2025. The company, headquartered in Quakertown, PA, operates within the commercial banking sector. The filing details various financial aspects, including its commercial and retail portfolios, and references its use of hedging instruments like interest rate swaps.
Why It Matters
This 10-K filing provides investors and analysts with a comprehensive overview of QNB Corp.'s financial performance and strategic positioning for the fiscal year 2024.
Risk Assessment
Risk Level: low — The filing is a standard annual report for a publicly traded company and does not indicate any immediate or unusual risks.
Key Numbers
- 2024-12-31 — Fiscal Year End (The reporting period covered by the 10-K.)
- 2025-03-18 — Filing Date (The date QNB Corp. submitted its annual report.)
Key Players & Entities
- QNB CORP (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-03-18 (date) — Filing date
- Quakertown, PA (location) — Company headquarters
- 0000750558 (company) — Central Index Key for QNB Corp.
- 6022 (industry_code) — Standard Industrial Classification for Commercial Banks
FAQ
What is QNB Corp.'s primary business activity?
QNB Corp. is classified under Standard Industrial Classification code 6022, indicating its primary business activity is in State Commercial Banks.
When did QNB Corp. file its 10-K report?
QNB Corp. filed its 10-K report on March 18, 2025.
What fiscal year does this 10-K filing cover?
This 10-K filing covers the fiscal year ending December 31, 2024.
Where is QNB Corp. headquartered?
QNB Corp. is headquartered at 15 North Third Street, Quakertown, PA 18951.
Does the filing mention any specific financial instruments or portfolios?
Yes, the filing references the use of hedging instruments such as interest rate swaps and mentions its commercial and retail portfolios, including specific segments like construction and land development, and real estate secured by 1st lien on 1-4 family properties.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 18, 2025 regarding QNB CORP (QNBC).