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  6. QNB Bank Acquires Victory Bank

M&A Deal Summary

QNB Bank Acquires Victory Bank

On September 23, 2025, QNB Bank acquired financial services company Victory Bank for 41M USD

Acquisition Highlights
  • This is QNB Bank’s 1st transaction in the Financial Services sector.
  • This is QNB Bank’s largest (disclosed) transaction.
  • This is QNB Bank’s 1st transaction in the United States.
  • This is QNB Bank’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2025-09-23
Target Victory Bank
Sector Financial Services
Buyer(s) QNB Bank
Deal Type Add-on Acquisition
Deal Value 41M USD
Advisor(s) The Kafafian Group (Financial)
Kilpatrick Townsend & Stockton (Legal)

Target

Victory Bank

Limerick, Pennsylvania, United States
Victory Bank is a financial services company that offers commercial and consumer banking products and services in the United States. Victory Bank is based in Limerick, Pennsylvania.

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Buyer(S) 1

Buyer

QNB Bank

Quakertown, Pennsylvania, United States
Category Company
Sector Financial Services
Revenue 50M USD (2024)
DESCRIPTION

QNB Bank offers demand and savings accounts, such as money market accounts, interest-bearing demand accounts, club accounts, traditional statement savings accounts, and online savings accounts; and time deposits, including certificates of deposit and individual retirement accounts. QNB Bank was founded in 1877 and is based in Quakertown, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
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