QNB (QNBC) Net Margin % : 10.83% (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

QNB Net Margin % Definition

Net margin is calculated as Net Income divided by its Revenue. QNB's Net Income for the three months ended in Dec. 2023 was $1.13 Mil. QNB's Revenue for the three months ended in Dec. 2023 was $10.48 Mil. Therefore, QNB's net margin for the quarter that ended in Dec. 2023 was 10.83%.

The historical rank and industry rank for QNB's Net Margin % or its related term are showing as below:

QNBC' s Net Margin % Range Over the Past 10 Years
Min: 21.08 Med: 27.24 Max: 31.77
Current: 21.08

QNBC's Net Margin % is ranked worse than
64.4% of 1458 companies
in the Banks industry
Industry Median: 25.49 vs QNBC: 21.08

QNB Net Margin % Historical Data

The historical data trend for QNB's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

QNB Net Margin % Chart

QNB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

27.70

26.94

31.77

31.70

21.08

QNB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															38.15	35.39	17.29	19.59	10.83

Competitive Comparison of QNB's Net Margin %

For the Banks - Regional subindustry, QNB's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

QNB Net Margin % Distribution

For the Banks industry and Financial Services sector, QNB's Net Margin % distribution charts can be found below:

* The bar in red indicates where QNB's Net Margin % falls into.

QNB Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

QNB's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	9.483	/	44.992
	=	21.08 %

QNB's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1.134	/	10.475
	=	10.83 %

QNB (OTCPK:QNBC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

QNB Net Margin % Related Terms

Thank you for viewing the detailed overview of QNB's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

QNB (QNBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » QNB Corp (OTCPK:QNBC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 North Third Street, P.O. Box 9005, Quakertown, PA, USA, 18951-9005

Website

https://www.qnbbank.com

QNB Corp is a bank holding company based in the United States. It operates through its wholly-owned subsidiary, QNB Bank which engages in the general commercial banking business and offering a full range of banking services to its customers. Its business activities involve attracting deposits and using funds in making commercial loans, residential mortgage loans, consumer loans, and purchasing investment securities. The loan portfolio includes commercial loans, such as commercial and industrial, construction, and loans secured by commercial real estate and residential real estate, and retail loans, including home equity loans and lines, and consumer loans. It generates revenue from net interest income.

Executives

Jennifer L Mann	director	P. O. BOX 9005, QUAKERTOWN PA 18951
Randy S. Bimes	director	P.O. BOX 9005, QUAKERTOWN PA 18951-9005
Laurie Bergman	director	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Ranajoy Ray-chaudhuri	director	PO BOX 9005, QUAKERTOWN PA 18951-9005
Brown Kenneth F Jr	director	P.O. BOX 9005, QUAKERTOWN PA 18951
Dennis Helf	director	P.O. BOX 9005, QUAKERTOWN PA 18951
Thomas J Bisko	director, officer: President/CEO	P.O. BOX 9005, QUAKERTOWN PA 18951
Autumn R Bayles	director	QNB CORP, P.O. BOX 9005, QUAKERTOWN PA 18951
W Randall Stauffer	director	P.O. BOX 9005, QUAKERTOWN PA 18951
Scott R Stevenson	director	P.O. BOX 9005, QUAKERTOWN PA 18951
Covelens Courtney Lee	officer: EVP, Chief Retail Officer	PO BOX 9005, QUAKERTOWN PA 18951-9005
Christina S Mcdonald	officer: EVP, Marketing	523 KINGSTON ROAD, ORELAND PA 19075
Jeffrey Lehocky	officer: EVP, Chief Financial Officer	15 NORTH THIRD STREET, P.O. BOX 9005, QUAKERTOWN PA 18951-9005
Mary Elizabeth Liddle	officer: SVP Chief Acc Off, acting CFO	P.O. BOX 9005, QUAKERTOWN PA 18951-8005
David W. Freeman	officer: President/COO	P.O. BOX 9005, QUAKERTOWN PA 18951