QNB Revenue Chart (OTCMKTS:QNBC)
$40.4 $0.2 (0.49%) QNBC stock closing price Aug 21, 2017 (Closing)
The latest 2017-Q2 QNB revenue is 10.81M. Compare QNB revenue chart with Sussex Bancorp revenue, Franklin Financials revenue.
QNB Revenue Chart
You can do annual as well as quarterly comparisons of QNB Corp net sales with its competitor companies like Sussex Bancorp, Franklin Financials. Over the 5 year period QNB revenue in 2016 was highest at 38.9M. In the latest quarter, QNBC revenue 2017-Q2 has changed from 11.13M to 10.81M implying a decrease of 2.88%.
QNB Quarterly Revenue
* Past 5 years Range
|Max QNBC Revenue||$11.13M||Mar, 2017|
|Min QNBC Revenue||$8.86M||Jun, 2013|
QNB Annual Revenue
* Past 5 years Range
|Max QNBC Revenue||$38.9M||Dec, 2016|
|Min QNBC Revenue||$36.39M||Dec, 2013|
QNB Annual Revenue VS Peers
|Sussex Bancorp Revenue||$36.98M||$30.09M||$27.26M||$25.73M||$27M|
|Franklin Financials Revenue||$48.58M||$47.26M||$45.65M||$45.91M||$48.59M|
|Customers Bancorp Revenue||$345.7M||$277.56M||$215.55M||$150.85M||$124.77M|
|FNB Corp Revenue||$880.72M||$709.2M||$667.25M||$576.16M||$563.36M|
|Fulton Financial Revenue||$793.27M||$765.62M||$763.45M||$797.35M||$864.12M|
QNB Stock Articles
Revenue, Sales, Turnover or net sales basically describes the Dollar value of transactions that result in incomes to a business as a result of business or operating activities during a specific period of time. Most often, this number is reported on a quarterly or annual basis. Since this features right at the top of an income statement, or profit and loss statement, also known as the statement of operations, the line item is also known as the ‘top line’ for a company. Other commonly used phrases include gross income and income from operations under IFRS. When you deduct expenses, costs and overheads, you arrive at the profit figure. For instance, when you net off QNB revenue with QNB expenses, the figure that you arrive at will be QNB profit. This profit is also known as the bottom line due to its proximity to the bottom on the income statement. Growing top line numbers are a sign of financial health. That said, sales cannot be viewed on a standalone basis without considering profits, because ultimately, businesses are run with the aim of making profits after covering costs. Revenue can be calculated in two ways based on the type of accounting followed: accrual accounting or cashflow accounting. It’s a good exercise to to compare QNB revenue with that of its peers. For instance, you can compare Malvern Bancorp topline, with Parke Bancorp topline, Customers Bancorp topline, etc to assess how the company is doing with respect to its peers.