QNB Corp. files preliminary prospectus supplement for common stock offering; terms not yet set

Filed August 19, 2026 · ~2 min read

Key Changes

• high

  Offering terms, including price, share count, and proceeds, are left blank in the preliminary prospectus supplement.

  The Offering verify on EDGAR →
• high

  Net proceeds will fund a balance sheet restructuring: selling $236M of low-yield securities, buying $125M of higher-yield securities, funding $76M of new loans, and redeeming $13M of subordinated notes.

  Use of Proceeds verify on EDGAR →
• high

  The restructuring is expected to result in a pre-tax loss of approximately $22 million, likely in Q3 2026.

  Use of Proceeds verify on EDGAR →