Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
06 October 1993Website:
http://www.qcrh.comNext earnings report:
23 January 2025Last dividends:
13 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:14:30 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
QCRH Latest News
QCR Holdings, Inc. (NASDAQ:QCRH ) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants Larry Helling - CEO Todd Gipple - President & CFO Conference Call Participants Damon DelMonte - KBW Nathan Race - Piper Sandler Jeff Rulis - D.A. Davidson Daniel Tamayo - Raymond James Operator Greetings, and welcome to the QCR Holdings, Inc. Earnings Conference Call for the Third Quarter of 2024.
While the top- and bottom-line numbers for QCR Holdings (QCRH) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Third Quarter 2024 Highlights Net income of $27.8 million, or $1.64 per diluted share Adjusted net income of $30.3 million or $1.78 per diluted share (non-GAAP) resulting in an adjusted ROAA (non-GAAP) of 1.35% Significant increase in net interest income of $3.6 million from the prior quarter, or 6% Net interest margin expanded by 8 basis points to 3.34% adjusted NIM (TEY) (non-GAAP) Continued strong capital markets revenue of $16.3 million Tangible book value (non-GAAP) per share grew $2.35, or 20% annualized TCE/TA ratio (non-GAAP) improved 24 basis points to 9.24% MOLINE, Ill., Oct. 23, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced quarterly net income of $27.8 million and diluted earnings per share (“EPS”) of $1.64 for the third quarter of 2024, compared to net income of $29.1 million and diluted EPS of $1.72 for the second quarter of 2024.
QCR Holdings (QCRH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
MOLINE, Ill., Oct. 02, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (“QCRH” or the “Company”) announced today that its third quarter ended September 30, 2024 financial results will be released after the market closes on Wednesday, October 23, 2024. The Company will host a conference call and webcast the next day, Thursday, October 24, 2024, at 10:00 a.m. Central Time to discuss the results. Shareholders, analysts, and other interested parties are invited to join.
MOLINE, ill., Sept. 05, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) announced the decision to discontinue offering new loans and leases through its equipment finance business, m2 Equipment Finance, LLC (“m2”), located in Waukesha, WI. m2 was acquired by the Company in 2005 and has provided equipment financing solutions to commercial borrowers since its founding in 1998.
MOLINE, Ill., Aug. 23, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced the appointment of James R. Batten and Amy L. Reasner to the Company's Board of Directors, increasing the Board from 11 to 13 members. The appointments were effective August 21, 2024.
QCR Holdings (QCRH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
QCR Holdings (QCRH) came out with quarterly earnings of $1.73 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.69 per share a year ago.
Second Quarter 2024 Highlights Net income of $29.1 million, or $1.72 per diluted share Net interest income up $1.5 million, or nearly 3% from the prior quarter, an 11% annualized growth rate Adjusted NIM (TEY)(non-GAAP) expanded by 2 basis points from the prior quarter Noninterest income up $4.0 million, or 15% from the prior quarter Continued strong capital markets revenue of $17.8 million Well-controlled noninterest expenses of $49.9 million, down $0.8 million, or nearly 2% from the prior quarter Tangible book value (non-GAAP) per share growth of $1.72, or 15% annualized MOLINE, Ill., July 24, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced quarterly net income of $29.1 million and diluted earnings per share (“EPS”) of $1.72 for the second quarter of 2024, compared to net income of $26.7 million and diluted EPS of $1.58 for the first quarter of 2024.
- 1(current)
What type of business is QCR Holdings?
QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company's deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. It also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies. The company's loan portfolio comprises loans to small and mid-sized businesses; business loans, including lines of credit for working capital and operational purposes; term loans for the acquisition of facilities, equipment, and other purposes; commercial and residential real estate loans; and installment and other consumer loans, such as home improvement, home equity, motor vehicle, and signature loans, as well as small personal credit lines. In addition, it engages in leasing of machinery and equipment to commercial and industrial businesses under direct financing lease contracts; and issuance of trust preferred securities. QCR Holdings, Inc. was incorporated in 1993 and is headquartered in Moline, Illinois.
What sector is QCR Holdings in?
QCR Holdings is in the Financial Services sector
What industry is QCR Holdings in?
QCR Holdings is in the Banks - Regional industry
What country is QCR Holdings from?
QCR Holdings is headquartered in United States
When did QCR Holdings go public?
QCR Holdings initial public offering (IPO) was on 06 October 1993
What is QCR Holdings website?
https://www.qcrh.com
Is QCR Holdings in the S&P 500?
No, QCR Holdings is not included in the S&P 500 index
Is QCR Holdings in the NASDAQ 100?
No, QCR Holdings is not included in the NASDAQ 100 index
Is QCR Holdings in the Dow Jones?
No, QCR Holdings is not included in the Dow Jones index
When was QCR Holdings the previous earnings report?
No data
When does QCR Holdings earnings report?
The next expected earnings date for QCR Holdings is 23 January 2025