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QNB Corp. launches common stock offering, plans Nasdaq listing

August 19, 2026 4:37 PM

QNB Corp. (OTCQX: QNBC), the parent company of QNB Bank, announced the launch of an underwritten public offering of shares of its common stock, according to a press release dated Aug. 19, 2026.



The Quakertown, Pennsylvania-based company also announced that its common stock has been approved for listing on the Nasdaq Capital Market under the ticker symbol "QNBC."



The company intends to grant underwriters a 30-day option to purchase additional shares. Net proceeds from the offering are intended for general corporate purposes, which may include restructuring its balance sheet by repositioning a portion of its available-for-sale fixed income securities portfolio, redeeming a portion of its subordinated notes, funding new loans, and supporting its capital ratios.



Brean Capital, LLC is serving as lead book-running manager for the offering, with Performance Trust Capital Partners, LLC acting as joint book-running manager.



The offering is being made pursuant to a registration statement on Form S-3 that was declared effective by the Securities and Exchange Commission on Aug. 14, 2026.



QNB Bank currently operates fourteen branches in Bucks, Lehigh, and Montgomery Counties in Pennsylvania, along with two loan production offices in Montgomery and Berks Counties.

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Equity Offerings