Qnb Corp. · NASDAQ:QNBC
Qnb — IPO Roadshow (August 2026)
35 slides from Qnb's IPO roadshow presentation, Aug 19, 2026
Slide 1: Investor Presentation: Common Stock Offering August 2026
Investor Presentation Common Stock Offering August 2026 Filed Pursuant to Rule 433 Issuer Free Writing Prospectus dated August 19, 2026 Relating to Preliminary Prospectus Supplement dated August 19, 2026 and Prospectus dated August 14, 2026 Registration No. 333-298129
Slide 2: Notice to Recipients: Industry and Market Data
Executive Summary Notice to Recipients Industry and Market Data This presentation includes statistical and other industry and market data that we obtained from governmental reports and other third-party sources. Our internal data, estimates and forecasts are based on information obtained from govern
Slide 3: Notice to Recipients: Forward-Looking Statements
Executive Summary Notice to Recipients This presentation contains projections, predictions, expectations, and other statements with respect to the Company and its subsidiaries as to beliefs, future events, and/or results that are based on current expectations, estimates, and projections about, among
Slide 4: Terms of Proposed Offering
Executive Summary Terms of Proposed Offering 1 Application for NASDAQ uplisting has been approved, and the company intends to list shares upon the closing of the offering Issuer QNB Corp. Exchange / Symbol OTCQX (NASDAQ Post-Offering1) / QNBC Offering Type Follow-On (100% Primary) Security Type Comm
Slide 5: Today's Presenters
Executive Summary Today’s Presenters Source: Company documents David W. Freeman President, Chief Executive Officer, and Director Years in Banking: 50 At QNB: 15 Mr. Freeman has been the Chief Executive Officer of QNB Corp. and the Bank from January 2013 to the present and the President of QNB Corp.
Slide 6: Introducing QNB Corp.
Company Overview Introducing QNB Corp. 1 Non-GAAP financial measure; see Appendix for non-GAAP reconciliations 2 Market Data as of August 13, 2026 Source: S&P Capital IQ Pro and Company documents 3.16% MRQ NIM1 $2.4B Assets Financial Highlights as of June 30, 2026 $1.7B Loans $2.1B Deposits 7.0% TCE
Slide 7: Investment Highlights
NASDAQ Uplisting and Eligibility for Russell 2000 Inclusion are Expected to Enhance Shareholder Liquidity and Potential for Value Creation Company Overview Investment Highlights Largest Publicly Traded Bank Headquartered in Bucks County, One of the Region’s Most Attractive Markets High-Quality, Gran
Slide 8: QNB Bank Growth and Strategy
Company Overview QNB Bank Growth and Strategy 1 Non-GAAP financial measure; see Appendix for non-GAAP reconciliations 2 On November 1, 2026, Christopher T. Cattie will become President of QNB Bank and a member of the QNB board of directors upon promotion to President Source: S&P Capital IQ Pro and C
Slide 9: Strategic Growth via Victory Bancorp, Inc. Transaction
Company Overview Strategic Growth via Victory Bancorp, Inc. Transaction Note: In addition to the 2 Montgomery County branches, Victory had 2 LPOs Note: Victory Bancorp, Inc. Profile data is as of March 31, 2026 Source: S&P Capital IQ Pro and Company documents $457MM Assets $409MM Deposits $409MM Loa
Slide 10: Financial Overview
Company Overview Financial Overview 1 Non-GAAP financial measure; see Appendix for non-GAAP reconciliations Source: S&P Capital IQ Pro, Company documents and Q2’26 Company earnings release 2nd Quarter Overview & Commentary The second quarter was another instance of a strong earnings performance by Q
Slide 11: QNB Market Demographic Detail
Company Overview QNB Market Demographic Detail Note: Community Bank defined includes Banks with assets < $50B as of June 30, 2026 Source: S&P Capital IQ Pro, Company documents and PA.Gov Bucks County Montgomery County Lehigh County ~2,000 Employees ~1,100 Employees ~1,200 Employees Largest Employers
Slide 12: QNB Deposit Market Share Detail
Company Overview QNB Deposit Market Share Detail 1 Expressed as a percentage of total deposits as of June 30, 2025 (Pro forma for Victory Bancorp transaction) Source: S&P Capital IQ Pro, Company documents and Zillow.com Market Demographics County-Level Deposit Market Share 1
Slide 13: Loan Portfolio
Gross Loans Relative Yields 1 Bank-level regulatory data shown Source: S&P Capital IQ Pro and Company documents as of June 30, 2026 Total Loans: $1.7B Loan Portfolio Composition1 Conservative loan / deposit ratio provides room for the bank to continue to grow in desirable markets Steady loan yields
Slide 14: High-Quality Commercial Loan Portfolio
1 Backdated principal advance Source: S&P Capital IQ Pro and Company documents as of June 30, 2026 Company Overview High-Quality Commercial Loan Portfolio QNB has demonstrated growth in its Commercial Loan portfolio without compromising underwriting standards Over 47% of Multifamily, Owner-occupied,
Slide 15: History of Pristine Asset Quality and Strong Reserve Coverage
Company Overview History of Pristine Asset Quality and Strong Reserve Coverage 1 Call report data Note: Peers include Pennsylvania headquartered banks with assets < $10B Source: S&P Capital IQ Pro and Company documents as of June 30, 2026 Asset Quality Commentary Q2 2026 SNAPSHOT Asset Quality at a
Slide 16: Consistent Financial Profile
Balance Sheet Growth Earnings Growth Company Overview Consistent Financial Profile 1 Non-GAAP financial measure; see Appendix for non-GAAP reconciliations 2 Annualized figure, assuming 2Q’26 run-rate Source: S&P Capital IQ Pro and Company documents 15% 20% 14% 32% 2.5 - Year Growth (%) 20,968 12,060
Slide 17: Balance Sheet Highlights
Company Overview Balance Sheet Highlights Source: S&P Capital IQ Pro and Company documents Avg. Loans ($MMs) Avg. Investment Securities ($MMs) Avg. Deposits ($MMs) Avg. Borrowings ($MMs) 5.19% 5.69% 5.98% 6.26% 2.18% 2.75% 2.81% 2.44% 2.01% 2.71% 2.40% 2.30% 3.15% 4.16% 6.00% 6.12% Avg. Yield On Loa
Slide 18: Performance Trends
Company Overview Performance Trends 1 Non-GAAP financial measure; see Appendix for non-GAAP reconciliations Source: S&P Capital IQ Pro and Company documents Core ROAA (%)1 Core ROATCE (%)1 Net Interest Margin (FTE) (%)1 Core EPS ($)1 Core Efficiency Ratio (%)1 Core Net Operating Expense / Average As
Slide 19: Deposit Growth and Funding Mix
Total Deposits: $2.1B Company Overview Deposit Growth and Funding Mix 1 Bank-level regulatory data shown 2 Core deposits includes total deposits, less time deposits > $100k Source: S&P Capital IQ Pro and Company documents as of June 30, 2026 Core Deposits2 Funding Cost Deposit Composition1 Consisten
Slide 20: Contemplated Investment Portfolio Repositioning
Overview & Commentary Repositioning Analysis Contemplated Investment Portfolio Repositioning Note: Consolidated data Note: There can be no assurance that QNBC will complete the repositioning as planned, that the underlying assumptions / projections will be realized or that actual results will not di
Slide 21: Performance Impact of the Offering and Repositioning
+ 57bps Core ROAA1 Repositioning Analysis Performance Impact of the Offering and Repositioning 1 Non-GAAP financial measure; see Appendix for non-GAAP reconciliations & offering / repositioning adjustments Note: Assumes common equity raise of $45.0 Million at $41.00/share and securities repositioned
Slide 22: Consolidated Capital Impact of the Offering and Repositioning
TCE / TA1 & TBVPS1 Repositioning Analysis Consolidated Capital Impact of the Offering and Repositioning 1 Non-GAAP financial measure; see Appendix for non-GAAP reconciliations & offering / repositioning adjustments 2 Assumes 20% risk-weighting on new assets on day-1, organic loan growth is assumed t
Slide 23: Investment Proposition
Concluding Thoughts Investment Proposition 1 Banks with assets < $50B as of June 30, 2026 2 Core deposits includes total deposits, less time deposits > $100k Source: S&P Capital IQ Pro and Company documents as of June 30, 2026 Largest Publicly Traded Bank Headquartered in Bucks County, One of the Re
Slide 24: Appendix
Appendix #ONB
Slide 25: Core Earnings Per Share
Appendix Core Earnings Per Share 1 Assumes common equity raise of $45.0 Million at $41.00/share, proceeds are net of underwriting, legal & audit fees 2 Excludes one-time after-tax loss of ~$18 Million on the sale of securities Note: There can be no assurance that QNBC will complete the repositioning
Slide 26: Return on Average Assets
Appendix Return on Average Assets 1 Assumes common equity raise of $45.0 Million at $41.00/share, proceeds are net of underwriting, legal & audit fees 2 Assumes the company will redeem $13.0 Million of subordinated debt Note: There can be no assurance that QNBC will complete the repositioning as pla
Slide 27: Net Interest Income & Net Interest Margin
Appendix Net Interest Income & Net Interest Margin 1 Assumes common equity raise of $45.0 Million at $41.00/share, proceeds are net of underwriting, legal & audit fees Note: There can be no assurance that QNBC will complete the repositioning as planned, that the underlying assumptions will be realiz
Slide 28: Non-GAAP Reconciliations - Quarterly
Appendix Non-GAAP Reconciliations - Quarterly Note: There can be no assurance that QNBC will complete the repositioning as planned, that the underlying assumptions will be realized or that actual results will not differ materially from these illustrations Source: S&P Capital IQ Pro and Company docum
Slide 29: Non-GAAP Reconciliations – Annual & YTD
Appendix Non-GAAP Reconciliations – Annual & YTD Source: S&P Capital IQ Pro and Company documents Non-GAAP Reconciliation
Slide 30: Non-GAAP Reconciliations – Tangible Book Value Ex. AOCI & Cumulative Dividends
Appendix Non-GAAP Reconciliations – Tangible Book Value Ex. AOCI & Cumulative Dividends Source: S&P Capital IQ Pro and Company documents Non-GAAP Reconciliation
Slide 31: Asset-Liability Management Profile
Appendix Asset-Liability Management Profile First Year Net Interest Income Second Year Net Interest Income Note: Data is as of June 30, 2026, and is not adjusted for the proposed balance sheet repositioning Source: Company documents Economic Value Sensitivity Profile
Slide 32: Historical Consolidated Financials: Balance Sheet
Appendix Historical Consolidated Financials: Balance Sheet Source: S&P Capital IQ Pro and Company documents
Slide 33: Historical Consolidated Financials: Income Statement
Appendix Historical Consolidated Financials: Income Statement Source: S&P Capital IQ Pro and Company documents
Slide 34: Executive Leadership & Board Members
Appendix Executive Leadership & Board Members * On November 1, 2026, Christopher T. Cattie will become President of QNB Bank and a member of the QNB board of directors upon promotion to President Source: S&P Capital IQ Pro & Company documents Seasoned Management Team Experienced and Balanced Board A
Slide 35: Thank you!
Thank you! #ONB