QNB Corp. posts $14.8 million Q3 loss on securities restructuring; adjusted EPS $1.30
QNB Corp. reported a third-quarter 2026 net loss of $14,774,000, or $2.67 per diluted share, compared with net income of $3,648,000 in the same quarter of 2025. The loss reflects a $27,713,000 net loss from a balance sheet restructuring and $251,000 of merger-related costs tied to the Victory Bancorp acquisition. Excluding these items, adjusted net income was $7,207,000, or $1.30 per diluted share, up from $1.09 a year earlier.
Key points
- Q3 2026 GAAP net loss of $14,774,000 ($2.67 per diluted share) versus net income of $3,648,000 in Q3 2025
- Restructuring included sale of $250,712,000 in available-for-sale securities at a loss of $29,049,000
- Adjusted diluted EPS of $1.30 for Q3 2026 versus $1.09 for Q3 2025; nine-month GAAP net loss of $8,994,000
- Victory Bancorp acquisition closed April 1, 2026; the offering added $48,284,000 in net proceeds to equity
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.