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QNB Corp. (OTC:QNBC), a $131.69 million market cap regional bank currently trading near its 52-week high, announced that its board of directors has appointed Randall E. Stauffer to the boards of QNB Bank and QNB Corp., with the appointment effective January 1, 2026. The decision was made by the board on September 23, 2025, according to a press release statement included in a recent SEC filing.
Mr. Stauffer will serve as a Class II Director. This class of directors holds its term until the annual meeting of shareholders scheduled for May 2026. At this time, Mr. Stauffer has not been assigned to any board committees.
Mr. Stauffer is currently the Co-Owner, Assistant Secretary, and Treasurer of Stauffer Manufacturing Co., based in Red Hill, Pennsylvania.
QNB Corp. is a state commercial bank headquartered in Quakertown, Pennsylvania. Its common stock trades under the symbol QNBC on the OTC market.
All information is based on the company’s statement in the SEC filing.
In other recent news, QNB Corp. has announced a definitive agreement to acquire The Victory Bancorp, Inc. in an all-stock transaction valued at approximately $40.97 million. The deal specifies that Victory shareholders will receive 0.5500 shares of QNB common stock for each Victory share. This represents an implied value of $19.58 per Victory share, based on QNB’s closing price of $35.60 as of September 22. This acquisition marks a significant development for both companies involved. The transaction is structured entirely in stock, reflecting a strategic move by QNB Corp. to expand its operations. The terms of the agreement have been publicly disclosed in a press release. These recent developments are part of QNB Corp.’s ongoing efforts to enhance its market position.
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