QNB
Quakertown, Pennsylvania, United States · Banking, Commercial Banking, Finance
QNB Corp. is a financial institution based in Quakertown, specializing in community banking services. The company operates multiple branches across Pennsylvania. Its growth strategy focuses on expanding its market presence and enhancing service offerings. QNB aims to provide a comprehensive suite of financial products to its customers.
Key facts
- Headquarters
- Quakertown, Pennsylvania, United States
- Employees
- 10,001
- Industries
- Banking, Commercial Banking, Finance
- Status
- Public (QNBC)
- Website
- qnbbank.com
- Company page
Recent activity at QNB
- : SEC 8-K (7.01):
- : SEC 8-K (8.01): On September 8, 2026, QNB Corp. announced the execution of a strategic repositioning of its securities available-for-sale portfolio, involving the sale of securities with an amortized cost of $254.4 million and a weighted average yield of 1.59%. The net proceeds will be used to acquire high-yielding, low-risk available-for-sale securities and support loan growth, expected to yield a blended average of 5.45%. The repositioning will result in an estimated net pre-tax loss of $26.2 million, impacting the Company’s financial results for Q3 2026. This strategic move aims to enhance the portfolio's yield and overall performance, reflecting a proactive adjustment to market conditions.
- : SEC 8-K (1.01): On August 19, 2026, QNB Corp. and its wholly-owned subsidiary QNB Bank entered into a material definitive underwriting agreement with Brean Capital, LLC and Performance Trust Capital Partners, LLC for the issuance of 1,071,428 shares of the Company's common stock at a public offering price of $42.00 per share. This agreement marks a significant capital raising effort through an underwritten public offering. Additionally, the Company provided the Underwriters a 30-day option to purchase up to 160,714 additional shares. The strategic implication of this offering is aimed at enhancing the Company's capital resources to support growth initiatives.
- : QNB Corp. Raises $45 Million in Underwritten Public Offering
- : SEC 8-K (8.01):
- : SEC 8-K (7.01): On June 2, 2026, QNB Corp. disclosed a slide presentation to existing and prospective investors outlining its operating and growth strategies along with its financial performance. This slide presentation, referred to as Exhibit 99.1, emphasizes key initiatives and performance metrics crucial for investor decisions. The presentation is part of the Corporation's broader effort to communicate transparently with stakeholders about its strategic direction and financial health. The filing itself is made under Item 7.01, indicating the importance of this investor communication in the context of Regulation FD compliance.
- : SEC 8-K (5.02): On May 13, 2026, QNB Corp. announced a succession plan involving its President and Chief Executive Officer. Effective November 1, 2026, Christopher T. Cattie, currently the Executive Vice President and Chief Operating Officer of QNB Bank, will become President of the Bank and will also join the Boards of Directors for both QNB Corp. and QNB Bank. David W. Freeman, the current President and CEO, will remain in his role until his retirement on December 31, 2028. This succession plan indicates a strategic transition in leadership, with Mr. Cattie expected to eventually take over as Chief Executive Officer of both entities following Mr. Freeman's retirement.
- : QNB and CMU-Q Establish Partnership for Business Innovation Centre
- : SEC 8-K (5.02):
- : SEC 8-K (7.01): On March 26, 2026, QNB Corp. distributed a slide presentation to analysts and prospective investors that outlines the Corporation's operating and growth strategies along with its financial performance. The presentation is provided as Exhibit 99.1 of this 8-K filing. This disclosure aims to inform stakeholders about recent developments in the company's strategic direction and financial condition. The information presented is intended to enhance transparency and engagement with investors regarding the company's future objectives and growth outlook.
QNB funding history
| Date | Round | Amount |
|---|---|---|
| Aug 2026 | Post-IPO Equity | $45.0M |
| Sep 2024 | Venture | $40.0M |
Leadership
- Gaurav Gupta, CEO, Qatar National Bank- India (QNB). Chairman - Finance Standing Committee
- Jeffrey Lehocky, Executive Vice President, Chief Financial Officer
- Geovany Elias, Vice President, Commercial Loan Officer
- Sharif Ali, Vice President - Head of Loan Syndication & Distribution - Global Structured Finance
- Christopher Cattie, Executive Officer
- Kenneth Brown, Jr., Director
- Randy Bimes, Director
- Laurie Bergman, Director
- Autumn Bayles, Director
Verified email and direct lines for QNB’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
QNB files 1 employee benefit plan with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
QNB in the news
- QNB Corp’s Banking Division, QNB Bank, Announces Successful Victory Bank Systems Integration - Yahoo Finance (Jun 29, 2026)
- QNB Bank in Bucks County chooses its next CEO - The Business Journals (May 14, 2026)
- QNB Corp. Announces the Execution of a Strategic Repositioning - GlobeNewswire (Sep 08, 2026)
- QNB (Nasdaq:QNBC) - Stock Analysis - Simply Wall Street (Aug 21, 2026)
- QNB Corp. Announces Launch of Common Stock Offering - GlobeNewswire (Aug 19, 2026)
- QNB Corp. Announces Pricing of Common Stock Offering - GlobeNewswire (Aug 19, 2026)
- Hours-long QNB bank card outage due to ‘network issues’ - Doha News (Dec 04, 2016)
- QNB's Bank Kesawan acquisition concluded - Asian Banking & Finance (Jan 28, 2011)
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About QNB: questions and answers
What does QNB do?
QNB Corp. is a financial institution based in Quakertown, specializing in community banking services. The company operates multiple branches across Pennsylvania. Its growth strategy focuses on expanding its market presence and enhancing service offerings. QNB aims to provide a comprehensive suite of financial products to its customers.
Where is QNB headquartered?
QNB is headquartered in Quakertown, Pennsylvania, United States.
How many employees does QNB have?
QNB has about 10,001 employees.
Has QNB raised funding?
Yes. Fundz has recorded 2 funding events for QNB. The most recent, Post-IPO Equity of $45.0M, was in Aug 2026.
Who leads QNB?
Gaurav Gupta is a CEO, Qatar National Bank- India (QNB). Chairman - Finance Standing Committee at QNB.
What is the latest news on QNB?
On Sep 30, 2026, SEC 8-K (7.01):
Is QNB a public company?
Yes. QNB is publicly traded under the ticker QNBC.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy