QCR Holdings

QCR Holdings, Inc. operates as a multi-bank holding company which engages in the provision of commercial banking services. It operates through the following segments: Commercial Banking, Wealth Management and All Other. The Commercial Banking segment consists of the firm's subsidiary banks, Quad City Bank & Trust Co., Cedar Rapids Bank & Trust Co., Community State Bank, and Rockford Bank & Trust Co. The Wealth Management segment represents the trust and asset management, investment management and advisory services. The All Other segment includes the operations of all other consolidated subsidiaries and defined operating segments that fall below the segment reporting thresholds. The company was founded by Douglas M. Hultquist and Michael A. Bauer in 1993 and is headquartered in Moline, IL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

QCR Holdings achieves record net income in 2022, focuses on market leadership and capital strength

QCR Holdings delivered strong financial results in 2022, with a focus on organic growth, improved asset quality, and efficient capital management. The company's strategic initiatives aim to solidify its position as a market leader and enhance shareholder value amidst evolving market conditions.

QCR Holdings reports robust Q1 earnings amidst margin challenges

QCR Holdings delivered a solid performance in Q1 2023, showcasing growth in core deposits, loans, and noninterest income.
While facing challenges such as margin compression and tax rate expectations, the company maintains strong asset quality and liquidity.
Opportunities lie in specialty finance growth, capital markets revenue, and increasing tangible common equity for future financial strength.

QCR Holdings excels in Q2 2023 with strong financials and LIHTC securitization plans

QCR Holdings' Q2 2023 performance showcased robust financials, particularly in loan growth and capital markets revenue. While maintaining strong asset quality and reserves, the company is strategically focusing on securitizing LIHTC loans for liquidity management and growth. Challenges include managing NPAs, credit provisions, and controlling expenses amidst economic uncertainties.

QCR Holdings posts strong Q3 results, eyes growth opportunities

QCR Holdings demonstrated resilience and growth in key financial metrics, positioning itself well for the future.
Strategic initiatives to fortify margins and capitalize on growth areas underscore the company's proactive approach.
While facing challenges, QCR Holdings remains focused on prudent financial management and sustainable expansion.

QCR Holdings achieves record performance in Q4 2023 earnings

QCR Holdings delivered a stellar performance in Q4 2023, surpassing expectations in income, loan growth, and asset quality.
The company's strategic focus on securitizations, core deposit growth, and wealth management expansion positions it for sustained success.
While challenges like economic uncertainty and cost management persist, QCR Holdings remains optimistic about growth opportunities and revenue streams.
With a cautious approach to capital utilization and M&A, the company aims to navigate challenges while capitalizing on its strengths and opportunities.

QCR Holdings reports robust Q1 earnings, plans for debt repricing

QCR Holdings' strong financial performance in Q1 2024 was supported by growth in loans and core deposits, excellent asset quality, and strategic priorities focused on sustainability and value creation. The company faces upcoming challenges with sub debt repricing but sees opportunities in funding growth, technology investment, and potential share repurchases.

QCR Holdings excels in Q2 2024, eyes growth opportunities

QCR Holdings' Q2 2024 performance reflects solid financial health, marked by strong earnings, growth in key metrics, and strategic initiatives for future growth.
The company's strengths lie in robust revenue streams, exceptional asset management, and a commitment to enhancing shareholder value through financial excellence.
While challenges in cost management and asset quality persist, QCR Holdings is poised to leverage opportunities in lending programs and client service to drive continued success.

QCR Holdings reports strong Q3 earnings, eyes sustainable growth

QCR Holdings showcased robust financial metrics in Q3 2024, with a focus on core banking operations.
Despite challenges in operating expenses and equipment finance, the company remains committed to top-tier performance.
Strategic decisions around capital management and revenue diversification position QCR Holdings for sustained growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MOLINE, Ill., April 03, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) announced today that its first quarter ended March 31, 2024 financial results will be released after the market closes on Tuesday, April 23, 2024. The Company will host a conference call and webcast the next day, Wednesday, April 24, 2024, at 10:00 a.m. Central Time to discuss the results. Shareholders, analysts, and other interested parties are invited to join.

QCR Holdings, Inc. to Report First Quarter 2024 Financial Results

MOLINE, Ill., Feb. 23, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) today announced that on February 21, 2023, the Company's board of directors declared a cash dividend of $0.06 per share payable on April 3, 2024, to holders of common stock of the Company of record on March 15, 2024.

QCR Holdings, Inc. Announces a Cash Dividend of $0.06 Per Share

The mean of analysts' price targets for QCR Holdings (QCRH) points to a 26.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Predict a 26.11% Upside in QCR Holdings (QCRH): Here's What You Should Know

Sandy Spring Bancorp

Western Digital

WDC, QCRH and SASR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 29, 2023.

Best Momentum Stocks to Buy for January 29th

Nu Holdings

Phreesia Inc

PHR, SASR, QCRH, WDC and NU have been added to the Zacks Rank #1 (Strong Buy) List on January 29, 2023.

New Strong Buy Stocks for January 29th

QCR Holdings, Inc. (QCRH) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for QCR Holdings (QCRH) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, QCR Holdings (QCRH) Q4 Earnings: A Look at Key Metrics

QCR Holdings (QCRH) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.83 per share a year ago.

QCR Holdings (QCRH) Q4 Earnings and Revenues Top Estimates

Fourth Quarter Highlights Record fourth quarter net income of $32.9 million, or $1.95 per diluted share Record Capital Markets Revenue of $37.0 million Improved NIM, which increased by 1 basis point from the prior quarter Significant increase in tangible book value (non-GAAP) per share of $3.48, or 35% annualized TCE/TA ratio (non-GAAP) improved by 70 basis points to 8.75% Completion of first two securitizations of $265 million of low-income housing tax credit loans Full Year Highlights Record annual net income of $113.6 million, or $6.73 per diluted share Record adjusted net income (non-GAAP) of $115.1 million, or $6.82 per diluted share Record Capital Markets Revenue of $92.1 million, an increase of $50.8 million, or 123% Loan and lease growth of 11% prior to loan securitizations Deposit growth of 9% Tangible book value (non-GAAP) per share increased $6.99, or 19% Increased TCE/TA ratio (non-GAAP) by 82 basis points to 8.75% MOLINE, Ill., Jan. 23, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced record quarterly net income of $32.9 million and diluted earnings per share (“EPS”) of $1.95 for the fourth quarter of 2023, compared to net income of $25.1 million and diluted EPS of $1.49 for the third quarter of 2023.

QCR Holdings, Inc. Announces Record Net Income of $32.9 Million for the Fourth Quarter and Record Net Income of $113.6 Million for the Full Year 2023

Evaluate the expected performance of QCR Holdings (QCRH) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

QCR Holdings (QCRH) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

MOLINE, Ill., Jan. 03, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) announced today that its fourth quarter and fiscal year ended December 31, 2023 financial results will be released after the market closes on Tuesday, January 23, 2024. The Company will host a conference call and webcast the next day, Wednesday, January 24, 2024, at 10:00 a.m. Central Time to discuss the results. Shareholders, analysts, and other interested parties are invited to join.

QCR Holdings, Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results

MOLINE, Ill., Dec. 12, 2023 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced the successful closing of two securitizations with a total of $265 million of low-income housing tax credit (“LIHTC”) loans sold by Cedar Rapids Bank & Trust, a wholly-owned subsidiary of the Company.

QCR Holdings, Inc. Announces Closing of First Two Securitizations by Cedar Rapids Bank & Trust

QCR Holdings, Inc. (NASDAQ:QCRH ) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants Larry Helling - Chief Executive Officer Todd Gipple - President and Chief Financial Officer Conference Call Participants Damon DelMonte - KBW Nathan Race - Piper Sandler Brian Martin - Janney Daniel Tamayo - Raymond James Operator Greetings and welcome to the QCR Holdings Inc. Earnings Conference Call for the Third Quarter of 2023. Yesterday after market close the company distributed its third quarter earnings press release.

QCR Holdings, Inc. (QCRH) Q3 2023 Earnings Call Transcript

QCR Holdings (QCRH) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.69 per share a year ago.

QCR Holdings (QCRH) Surpasses Q3 Earnings and Revenue Estimates

Third Quarter 2023 Highlights Net income of $25.1 million, or $1.49 per diluted share Adjusted net income (non-GAAP) of $25.4 million, or $1.51 per diluted share Net interest income of $55.3 million, up 3.9% from the second quarter NIM (TEY)(non-GAAP) of 3.31% increased by 2 basis points from the prior quarter while Adjusted NIM (TEY)(non-GAAP) of 3.28% remained static Capital Markets Revenue of $15.6 million and $55.1 million year-to-date Tangible book value (non-GAAP) per share increased $0.34, or 3.4% annualized MOLINE, Ill., Oct. 25, 2023 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced net income of $25.1 million and diluted earnings per share (“EPS”) of $1.49 for the third quarter of 2023, compared to net income of $28.4 million and diluted EPS of $1.69 for the second quarter of 2023.

QCR Holdings, Inc. Announces Net Income of $25.1 Million for the Third Quarter of 2023

QCR Holdings (QCRH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: QCR Holdings (QCRH) Q3 Earnings Expected to Decline

MOLINE, Ill., Oct. 04, 2023 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) announced today that its third quarter ended September 30, 2023, financial results will be released after the market closes on Wednesday, October 25, 2023. The Company will host a conference call and webcast the next day, Thursday, October 26, 2023, at 10:00 a.m. Central Time to discuss the results. Shareholders, analysts, and other interested parties are invited to join.

QCR Holdings, Inc. to Report Third Quarter 2023 Financial Results

QCR Holdings, Inc. (NASDAQ:QCRH ) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Larry Helling - Chief Executive Officer Todd Gipple - President & Chief Financial Officer Conference Call Participants Damon DelMonte - KBW Nathan Race - Piper Sandler Brian Martin - Janney Montgomery Daniel Tamayo - Raymond James Operator Greetings, and welcome to the QCR Holdings Inc. Earnings Conference Call for the Second Quarter of 2023. Yesterday, after market close, the company distributed its second quarter earnings press release.

QCR Holdings, Inc. (QCRH) Q2 2023 Earnings Call Transcript

QCR Holdings (QCRH) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.73 per share a year ago.

QCR Holdings (QCRH) Beats Q2 Earnings and Revenue Estimates

Second Quarter 2023 Highlights Net income of $28.4 million, or $1.69 per diluted share Return on average assets of 1.44% and return on average total equity of 13.97% Annualized loan and lease growth of 12.2% Annualized core deposit growth, excluding brokered deposits, of 23.0% Uninsured and uncollateralized deposits further improved to 19.9% of total deposits Capital Markets Revenue grew $5.5 million, or 32.1%, to $22.5 million Tangible book value (non-GAAP) per share increased $1.28, or 13.2% annualized TCE ratio (non-GAAP) grew 7 basis points to 8.28% MOLINE, Ill., July 26, 2023 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced net income of $28.4 million and diluted earnings per share (“EPS”) of $1.69 for the second quarter of 2023, compared to net income of $27.2 million and diluted EPS of $1.60 for the first quarter of 2023.

QCR Holdings, Inc. Announces Net Income of $28.4 Million for the Second Quarter of 2023

Analysts Estimate QCR Holdings (QCRH) to Report a Decline in Earnings: What to Look Out for

MOLINE, Ill., July 05, 2023 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) announced today that its second quarter ended June 30, 2023, financial results will be released after the market closes on Wednesday, July 26, 2023. The Company will host a conference call and webcast the next day, Thursday, July 27, 2023, at 10:00 a.m. Central Time to discuss the results. Shareholders, analysts, and other interested parties are invited to join.

QCR Holdings, Inc. to Report Second Quarter 2023 Financial Results

MOLINE, Ill., May 18, 2023 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced that Chief Information Officer (“CIO”), Reba Winter, has been promoted to Chief Operating Officer (“COO”) of the Company.

QCR Holdings, Inc. Announces Promotion of Reba Winter to Chief Operating Officer

QCR Holdings Inc. (NASDAQ:QCRH ) Q1 2023 Results Conference Call April 27, 2023 11:00 AM ET Company Participants Larry Helling - CEO & Director Todd Gipple - President, COO, CFO & Director Conference Call Participants Damon DelMonte - KBW Nathan Race - Piper Sandler Brian Martin - Janney Montgomery Daniel Tamayo - Raymond James Jeff Rulis - D.A. Davidson Operator Greetings, and welcome to the QCR Holdings, Inc. Earnings Conference Call for the First Quarter of 2023.

QCR Holdings Inc. (QCRH) Q1 2023 Earnings Call Transcript

QCR Holdings (QCRH) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.52 per share. This compares to earnings of $1.54 per share a year ago.

News for QCR Holdings Stock (QCRH)