QNB

QNB Corp. Declares Q2 2024 Dividend

Retrieved on: 
Mardi, mai 21, 2024

Quakertown, PA, May 21, 2024 (GLOBE NEWSWIRE) -- QUAKERTOWN, PA (21 May 2024): At a regular meeting on May 21, The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, declared a quarterly cash dividend of $0.37 per share.

Key Points: 
  • Quakertown, PA, May 21, 2024 (GLOBE NEWSWIRE) -- QUAKERTOWN, PA (21 May 2024): At a regular meeting on May 21, The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, declared a quarterly cash dividend of $0.37 per share.
  • The dividend is payable on June 28, 2024, to shareholders of record on June 14, 2024.
  • QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank.
  • QNB Corp.’s stock is traded in the over-the-counter market under the symbol “QNBC.” For more information, visit QNB’s website at QNBbank.com .

QNB Group appoints prominent actor Ahmed Helmy as Brand Ambassador

Retrieved on: 
Samedi, mai 4, 2024

DOHA, Qatar, May 4, 2024 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa, is proud to announce the signing of renowned actor Ahmed Helmy as its new brand ambassador.

Key Points: 
  • DOHA, Qatar, May 4, 2024 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa, is proud to announce the signing of renowned actor Ahmed Helmy as its new brand ambassador.
  • Commenting on the announcement, Ms. Heba Ali Al Tamimi,  Senior Executive Vice President, QNB Group Communications, said: "We are delighted to welcome Ahmed Helmy as our brand ambassador.
  • This partnership reflects the shared values of Ahmed Helmy with QNB, a banking icon committed to the highest standards of innovation, excellence and success.
  • QNB Group currently ranks as the most valuable bank brand in the Middle East and Africa.

QNB Group appoints prominent actor Ahmed Helmy as Brand Ambassador

Retrieved on: 
Samedi, mai 4, 2024

DOHA, Qatar, May 4, 2024 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa, is proud to announce the signing of renowned actor Ahmed Helmy as its new brand ambassador.

Key Points: 
  • DOHA, Qatar, May 4, 2024 /PRNewswire/ -- QNB Group, the largest financial institution in the Middle East and Africa, is proud to announce the signing of renowned actor Ahmed Helmy as its new brand ambassador.
  • Commenting on the announcement, Ms. Heba Ali Al Tamimi,  Senior Executive Vice President, QNB Group Communications, said: "We are delighted to welcome Ahmed Helmy as our brand ambassador.
  • This partnership reflects the shared values of Ahmed Helmy with QNB, a banking icon committed to the highest standards of innovation, excellence and success.
  • QNB Group currently ranks as the most valuable bank brand in the Middle East and Africa.

QNB Corp. Reports Earnings For First Quarter 2024

Retrieved on: 
Mardi, avril 23, 2024

Net interest margin was 2.39% for the first quarter of 2024 and 2.55% for the same period in 2023.

Key Points: 
  • Net interest margin was 2.39% for the first quarter of 2024 and 2.55% for the same period in 2023.
  • The yield on earning assets was 4.57% for the first quarter 2024, compared with 3.77% in the first quarter of 2023; an increase of 80 basis points.
  • QNB reversed $93,000 in provision for credit losses on loans in the first quarter of 2024 compared to a reversal in provision of $1,783,000 in the first quarter of 2023.
  • The effective tax rates for the quarter ended March 31, 2024 was 20.4% compared with 21.4% for the same period in 2022.

QNB Group and Coupa Partner to Digitize Spend Management

Retrieved on: 
Mardi, mars 12, 2024

DOHA, Qatar, March 12, 2024 /PRNewswire/ -- Coupa, the leading AI-driven platform that helps you operate smarter and grow faster, today announced that QNB Group, the largest financial institution in the Middle East and Africa, has selected Coupa to completely digitize the company's procurement and finance operations.

Key Points: 
  • "We're honored to welcome QNB to our global community as our first customer in Qatar," said Mark Riggs, Coupa Chief Customer Officer.
  • The bank selected Coupa to unify the entire procurement lifecycle and automate processes for sourcing, procurement, contract and supplier management, risk, invoicing, and payments.
  • With Coupa's unified AI-driven platform, QNB benefits from complete visibility and control over all spend in a single system.
  • Coupa delivered on every expectation," said Cory Thwaites, Senior Executive Vice President, Group Procurement at QNB.

QNB Corp. Declares Q1 2024 Dividend

Retrieved on: 
Mardi, février 27, 2024

Quakertown, PA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Quakertown, PA (27 February 2024) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on February 27, declared a quarterly cash dividend of $0.37 per share.

Key Points: 
  • Quakertown, PA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Quakertown, PA (27 February 2024) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on February 27, declared a quarterly cash dividend of $0.37 per share.
  • The cash dividend is payable on March 28, 2024, to shareholders of record March 15, 2024.
  • QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank.
  • QNB Corp.’s stock is traded in the over-the-counter market under the symbol “QNBC.” For more information, visit QNB’s website at QNBbank.com .

QNB Corp. Reports Earnings For Fourth Quarter 2023

Retrieved on: 
Mardi, janvier 23, 2024

Freeman continued, “This quarter, our significant move was restructuring our investment portfolio, selling off underperforming securities, resulting in a pre-tax loss of $1.8 million impacting the fourth quarter earnings.

Key Points: 
  • Freeman continued, “This quarter, our significant move was restructuring our investment portfolio, selling off underperforming securities, resulting in a pre-tax loss of $1.8 million impacting the fourth quarter earnings.
  • Net interest margin was 2.36% for the fourth quarter of 2023 and 2.72% for the same period in 2022.
  • The yield on earning assets was 4.44% for the fourth quarter 2023, compared with 3.49% in the fourth quarter of 2022.
  • Total non-interest income was $283,000 for the fourth quarter of 2023 compared with $2,997,000 for the same period in 2022.

QNB Corp. Declares Q4 2023 Dividend

Retrieved on: 
Mardi, novembre 28, 2023

Quakertown, PA, Nov. 28, 2023 (GLOBE NEWSWIRE) -- QUAKERTOWN, PA (November 28, 2023) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), the parent company of QNB Bank, at a regular meeting on November 28, declared a quarterly cash dividend of $0.37 per share.

Key Points: 
  • Quakertown, PA, Nov. 28, 2023 (GLOBE NEWSWIRE) -- QUAKERTOWN, PA (November 28, 2023) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), the parent company of QNB Bank, at a regular meeting on November 28, declared a quarterly cash dividend of $0.37 per share.
  • The cash dividend is payable on December 29, 2023, to shareholders of record on December 15, 2023.
  • QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank.
  • QNB Corp.’s stock is traded in the over-the-counter market under the symbol “QNBC.” For more information, visit QNB’s website at QNBbank.com .

Third Edition of Smart City Expo Doha Opens Tomorrow

Retrieved on: 
Mardi, novembre 28, 2023

BARCELONA, Spain, Nov. 28, 2023 (GLOBE NEWSWIRE) -- From Wednesday to Thursday, the capital of Qatar will once again become the nerve centre of urban innovation with the opening of a new edition of Smart City Expo Doha, the region's leading smart city event to be held at Al Bidda Park. Now in its third year, SCE Doha will bring together 70 local and international speakers and more than 80 countries with the aim of fostering innovation and harnessing disruptive technologies to shape the urban future. Although SCE Doha is being held in person at Al-Bidda Park, the event will also be streamed live on the Tomorrow.city platform.

Key Points: 
  • BARCELONA, Spain, Nov. 28, 2023 (GLOBE NEWSWIRE) -- From Wednesday to Thursday, the capital of Qatar will once again become the nerve centre of urban innovation with the opening of a new edition of Smart City Expo Doha, the region's leading smart city event to be held at Al Bidda Park.
  • Although SCE Doha is being held in person at Al-Bidda Park, the event will also be streamed live on the Tomorrow.city platform.
  • Organized by the Qatar Ministry of Communications and Information Technology (MCIT), SCE Doha is an event of Smart City Expo World Congress and Fira Barcelona International, that will be held within the International Horticulture Exhibition of Qatar from 29th to 30th of November.
  • Smart City Expo Doha is part of the internationalisation strategy of Smart City Expo World Congress, the world's leading exhibition on smart cities and urban solutions organised annually by Fira de Barcelona, which held its 13th edition last November.

Insider Announces 110+ New Customers, Unveils World's Most Advanced Generative AI Solution for CX, Sirius AI™, and Launches Industry-Leading Capabilities in Q3'23

Retrieved on: 
Jeudi, novembre 9, 2023

Insider continues to pave the way in revolutionizing CX and making marketing teams more efficient and productive.

Key Points: 
  • Insider continues to pave the way in revolutionizing CX and making marketing teams more efficient and productive.
  • In Gartner's Magic Quadrant for Personalization Engines 2023 , Insider became the fastest-moving player, making the biggest leaps for three consecutive years.
  • Insider also achieved the highest scores in all three personalization use cases – Marketing (3.99/5.0), Digital Commerce (4.11/5.0), and Services and Support (3.94/5.0).
  • Earlier this quarter, Insider unveiled Sirius AI™ , the world's leading Generative AI solution designed to transform customer experience creation at every level.