QNB to acquire smaller rival in southeastern Pennsylvania
American Banker·2025-09-23 21:48
Key Insight: A bank in Pennsylvania has agreed to buy an in-state rival. Supporting Data: The combined entity would exceed $2 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 ...