QNB Q2 FY26 net income drops 22.36% to $3.02 million - QNBC News | RalliesQNB Q2 FY26 net income drops 22.36% to $3.02 million
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QNBC• Q2 FY26 results
- QNB Corp. posted GAAP Q2 net income of $3.02 million, down 22.36%, with diluted EPS of $0.60.
- Adjusted Q2 net income excluding merger-related costs rose to $5.24 million, lifting adjusted diluted EPS to $1.05.
Net interest income and margin
- Tax-equivalent net interest income climbed 45.04% to $18.35 million, widening net interest margin by 47 basis points to 3.16%.
Balance sheet and acquisition update
- Total assets rose to $2.4 billion at June 30, 2026, with loans at $1.72 billion and deposits at $2.07 billion.
- The Victory Bancorp acquisition closed April 1, 2026, expanding the franchise deeper into Montgomery County and pushing assets to nearly $2.4 billion.
