Victory Bancorp soars on buyout deal with QNB

ReutersSep 24, 2025 6:05 PM

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Community lender Victory Bancorp's VTYB.PK shares soar 51.3% to $18.38

U.S. bank QNB QNBC.PK will buy VTYB in a $41 million all-stock deal, the companies announced late on Tuesday

Deal will create a combined bank with nearly $2.4 billion in assets and bolster QNB's presence in Pennsylvania

VTYB shareholders will receive 0.55 shares of QNB for each share held, valuing Victory at $19.58 apiece

Deal represents a 61.2% premium to stock's last close

As of last close, VTYB stock up 13.4% YTD

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