QNB Corp. (OTCQX: QNBC), the parent company of QNB Bank, has priced an underwritten public offering of 1,071,428 shares of common stock at $42.00 per share, according to a press release statement.

The company expects net proceeds of approximately $42.3 million after underwriting discounts and commissions, but before other expenses. The shares are expected to begin trading on the Nasdaq Capital Market under the ticker symbol "QNBC" on Aug. 20, 2026, with the offering expected to close on or about Aug. 21, 2026.

QNB Corp. has also granted underwriters a 30-day option to purchase up to an additional 160,714 shares at the public offering price, less underwriting discounts and commissions.

The company stated it intends to use the net proceeds 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 declared effective by the Securities and Exchange Commission on Aug. 14, 2026. QNB Bank operates 14 branches across Bucks, Lehigh, and Montgomery Counties in Pennsylvania.