QNB Corp. executes $254.4 million securities repositioning
QNB Corp. said it repositioned $254.4 million of available-for-sale securities, taking an estimated $26.2 million pre-tax loss and targeting a blended yield of 5.45%.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
2 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
QNB Corp. executes strategic repositioning of AFS securities portfolio
QNB Corp., parent of QNB Bank, announced it executed a strategic repositioning of part of its available-for-sale (AFS) securities portfolio, selling $254.4 million in book value.