In a significant move for the Pennsylvania-based financial institution, QNB Corp. has upgraded its trading status to the OTCQX® Best Market. The parent company of QNB Bank, which has been serving communities for nearly 150 years, made its debut on the OTCQX platform on March 20, 2025, under the symbol QNBC.
This transition from the Pink® market to OTCQX represents a strategic step for QNB Corp., potentially enhancing its visibility and accessibility to investors. The OTCQX Market is known for its stringent financial standards, corporate governance requirements, and compliance with securities laws, all of which QNB Corp. has successfully met.
David W. Freeman, QNB Corp. Officer and QNB Bank President and CEO, expressed enthusiasm about the move, stating, “As we approach our 150-year anniversary of providing exceptional Community Banking services in Pennsylvania, QNB Corp. is pleased to bring our incredible story to the national OTCQX trading stage.” Freeman also indicated confidence that this transition would help generate broader investor interest and enhance shareholder value.
The upgrade to OTCQX comes at a time when QNB Corp. is actively engaging with investors. The company is scheduled to participate in the upcoming Banking Virtual Investor Conference on March 6, 2025, where Freeman and Chief Financial Officer Jeff Lehocky will present to individual and institutional investors, as well as advisors and analysts.
QNB Corp.’s core business, QNB Bank, operates twelve branches across Bucks, Lehigh, and Montgomery Counties in Pennsylvania. The bank offers a range of commercial and retail banking services to local communities. Additionally, the company provides securities and advisory services through QNB Financial Services, a registered Broker/Dealer and Registered Investment Advisor, and offers title insurance as a member of Laurel Abstract Company LLC.
The financial sector has been experiencing increased activity in virtual investor conferences, with several banks participating in such events. These platforms provide an opportunity for companies like QNB Corp. to directly engage with investors and showcase their strategies and industry perspectives.
QNB Corp. recently declared its Q1 2025 dividend, payable on March 28, 2025, to shareholders of record as of March 14, 2025, demonstrating its commitment to delivering value to shareholders.
As QNB Corp. takes this step onto the OTCQX Market, it joins a tier of companies that have demonstrated their commitment to providing a transparent and efficient trading and information experience for investors. This move may potentially open new doors for the company in terms of investor relations and market visibility as it continues its long-standing tradition of community banking in Pennsylvania.
