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QNB to acquire smaller rival in southeastern Pennsylvania
American Banker·2025-09-24 05:48

Key Insight: A bank in Pennsylvania has agreed to buy an in-state rival.  Supporting Data: The combined entity would exceed 2billionofassets.ForwardLook:Thebankssaythedealcouldclosewithinthenextcoupleofmonths.QNBCorp.inQuakertown,Pennsylvania,planstoacquireaneighboringbankinanall−stockdealthatcouldcloseassoonasthefourthquarter,thecompaniessaidTuesdayafternoon.QNBwillpayroughly2 billion of assets.Forward Look: The banks say the deal could close within the next couple of months.QNB Corp. in Quakertown, Pennsylvania, plans to acquire a neighboring bank in an all-stock deal that could close as soon as the fourth quarter, the companies said Tuesday afternoon.QNB will pay roughly 41 million to purchase The Victory Bancorp in Limerick, Pennsylvania, located appr ...