Brief: Qnb Corp - Announces Strategic Repositioning Of Afs Securities Portfolio

QNB

08/09/2026 13:10

Sept 8 (Reuters) - QNB Corp QNBC.O:
QNB CORP - ANNOUNCES STRATEGIC REPOSITIONING OF AFS SECURITIES PORTFOLIO
QNB CORP - SELLS $254.40 MILLION IN AFS SECURITIES, 46.8% OF PORTFOLIO
QNB CORP - UNWINDS $162 MILLION IN PAY-FIXED SWAPS
QNB CORP - ESTIMATES NET PRE-TAX LOSS OF $26.20 MILLION IN Q3 2026 FROM REPOSITIONING
QNB CORP - REPOSITIONING EXPECTED TO IMPROVE TANGIBLE COMMON EQUITY RATIO AND BE ACCRETIVE TO EARNINGS
Source text: ID:nGNX6mK0QD
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