QNB Corp. and The Victory Bancorp, Inc. Announce Growth-Focused Strategic Combination
QNB Corp. (“QNB”) (OTCQX: QNBC) and The Victory Bancorp, Inc. (“Victory”) (OTCQX: VTYB), Limerick, Pa, today announced they have entered into a definitive agreement under which QNB will acquire Victory in an all-stock transaction valued at approximately $40.97 million in the aggregate based on QNB’s closing stock price of $35.60 as of September 22, 2025, resulting in an implied price per share to holders of Victory Common Stock of approximately $19.58 per share.