QNB Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $58.2M | $49.8M | $45.0M | $50.2M | $51.9M | $44.9M | $44.6M | $39.9M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $17.9M | $14.4M | $40.7M | $27.5M | $25.1M | $21.1M | $25.3M | $21.1M |
| Operating Margin | 30.8% | 28.8% | 90.4% | 54.8% | 48.3% | 47.0% | 56.8% | 52.8% |
| Interest Expense | — | — | $28.9M | $7.9M | $4.6M | $6.4M | $10.1M | $8.2M |
| Pretax Income | $17.9M | $14.4M | $11.7M | $19.6M | $20.5M | $14.6M | $15.2M | $12.9M |
| Income Tax Expense | $3.8M | $2.9M | $2.2M | $3.7M | $4.0M | $2.6M | $2.9M | $1.6M |
| Net Income | $14.1M | $11.4M | $9.5M | $15.9M | $16.5M | $12.1M | $12.4M | $11.3M |
| Net Margin | 24.2% | 23.0% | 21.1% | 31.7% | 31.8% | 26.9% | 27.7% | 28.4% |
| EPS (Basic) | $3.79 | $3.12 | $2.63 | $4.47 | $4.64 | $3.42 | $3.53 | $3.27 |
| EPS (Diluted) | $3.78 | $3.12 | $2.63 | $4.47 | $4.64 | $3.42 | $3.53 | $3.25 |
| Shares Outstanding (Basic) | 3.7M | 3.7M | 3.6M | 3.6M | 3.6M | 3.5M | 3.5M | 3.5M |
| Shares Outstanding (Diluted) | 3.7M | 3.7M | 3.6M | 3.6M | 3.6M | 3.5M | 3.5M | 3.5M |
| Dividends Per Share | $1.52 | $1.48 | $1.48 | $1.44 | $1.40 | $1.36 | $1.32 | $1.28 |