Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for QCR Holdings imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher. Earnings Estimate Revisions for QCR Holdings Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' rati ...

Have you been paying attention to shares of QCR Holdings (QCRH) ? Shares have been on the move with the stock up 26.6% over the past month. The stock hit a new 52-week high of $76.97 in the previous session. QCR Holdings has gained 30.1% since the start of the year compared to the 13.2% move for the Zacks Finance sector and the 18.1% return for the Zacks Banks - Midwest industry. Valuation Metrics In terms of its value breakdown, the stock currently trades at 12.7X current fiscal year EPS estimates, which i ...

QCR Holdings, Inc. (NASDAQ:QCRH) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Larry Helling - CEO Todd Gipple - President and CFO Conference Call Participants Damon DelMonte - KBW Daniel Tamayo - Raymond James Brian Martin - Janney Jeff Rulis - DA Davidson Nathan Race - Piper Sandler Operator Greetings, and welcome to the QCR Holdings Incorporated Earnings Conference Call for the Second Quarter of 2024. Yesterday, after market closed, the company distributed its second qua ...

This quarterly report represents an earnings surprise of 24.46%. A quarter ago, it was expected that this bank holding company would post earnings of $1.32 per share when it actually produced earnings of $1.59, delivering a surprise of 20.45%. QCR Holdings, which belongs to the Zacks Banks - Midwest industry, posted revenues of $87.05 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 5.90%. This compares to year-ago revenues of $85.73 million. The company has topped consens ...

· 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- ...

Second Quarter 2024 Highlights 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. | --- | --- | --- | --- | --- | |---------------------------------------|-----------------------------------------|-------|------------------|------------ ...

Net interest margin ("NIM") was 2.82% and NIM on a tax-equivalent yield ("TEY") basis (non-GAAP) was 3.27% for the second quarter, as compared to 2.82% and 3.25% for the prior quarter, respectively. Adjusted NIM TEY (non-GAAP) of 3.26%, represented an increase of 2 basis points from 3.24% for the first quarter of 2024. Second Quarter 2024 Highlights Total uninsured and uncollateralized deposits remain very low at 18% of total deposits as of the end of the second quarter of 2024, as compared to 20% as of the ...

QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield communities through its wholly owned subsidiary banks. The banks provide full-service commercial and consumer banking and trust and wealth management services. Quad City Bank & Trust Company, based in Bettendorf, Iowa, commenced operations in 1994; Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, com ...

PRESS CONTACT: Cari Henson VP, Corporate Communications Manager 309.277.2668 | chenson@qcrh.com About Us QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield communities through its wholly owned subsidiary banks. The banks provide full-service commercial and consumer banking and trust and wealth management services. Quad City Bank & Trust Company, based in Bettendorf ...

MOLINE, Ill., May 17, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) today announced the election of four Class I directors at the Company's annual meeting of its stockholders. The directors, Mary Kay Bates, John-Paul E. Besong, Todd A. Gipple, and Donna J. Sorenson, were re-elected to three-year terms. Additionally, on May 15, 2024, the Company's Board of Directors declared a cash dividend of $0.06 per share payable on July 3, 2024, to holders of common stock of the Company of record on June 14 ...