Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
Randy S. Bimes, a director at QNB Corp (OTC:QNBC), recently purchased shares in the company. According to a recent SEC filing, Bimes acquired 286.2049 shares of QNB Corp common stock on March 28, 2025, at a price of $34.94 per share. The total value of the transaction was approximately $9,999. The purchase comes as QNBC trades near its 52-week high of $35.98, with the stock delivering an impressive 54.81% return over the past year. InvestingPro analysis indicates the stock is trading slightly above its Fair Value. Following this purchase, Bimes holds a total of 248,999.346 shares, which includes shares acquired through the company’s Dividend Reinvestment Plan. The company, currently valued at $130.53 million, has maintained dividend payments for 29 consecutive years, offering a notable 4.31% dividend yield. Discover more key metrics and insights about QNBC with InvestingPro, which offers additional exclusive tips and detailed financial analysis.
In other recent news, QNB Corp. has commenced trading on the OTCQX Best Market after upgrading from the Pink market. This development is expected to increase the company’s visibility and accessibility to investors. The OTCQX Best Market is known for its high financial standards and adherence to best practice corporate governance, making this a notable milestone for QNB Corp. David W. Freeman, President and CEO of QNB Corp., expressed optimism about the transition, highlighting its potential to attract broader investor interest and enhance shareholder value. This move coincides with the company’s approach to its 150-year anniversary of providing banking services in Pennsylvania. The shift to the OTCQX platform is anticipated to offer increased exposure and liquidity, benefiting shareholders with more transparent trading and easier access to company information. These recent developments are based on a press release from QNB Corp.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.