Group 1 - QCR Holdings reported quarterly earnings of $1.93 per share, exceeding the Zacks Consensus Estimate of $1.73 per share, but down from $1.97 per share a year ago, representing an earnings surprise of 11.56% [1] - The company posted revenues of $91.83 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.37%, but down from $103.47 million year-over-year [2] - Over the last four quarters, QCR Holdings has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Group 2 - The stock has added about 1.1% since the beginning of the year, underperforming the S&P 500's gain of 2.9% [3] - The current consensus EPS estimate for the coming quarter is $1.60 on revenues of $86.95 million, and for the current fiscal year, it is $6.93 on revenues of $363.8 million [7] - The Zacks Industry Rank for Banks - Midwest is currently in the top 16% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]

Fourth Quarter Highlights Net income of $30.2 million, or $1.77 per diluted shareAdjusted net income of $32.8 million, or $1.93 per diluted share (non-GAAP) Record quarterly net interest income of $61.2 million Expanded NIM by 5 basis points and adjusted NIM (TEY) (non-GAAP) by 6 basis points to 3.40%Significant capital markets revenue of $20.6 million, including a $1.4 million gain on fourth securitizationTangible book value per share (non-GAAP) grew $1.21, or 10% annualizedTCE/TA ratio (non-GAAP) improved ...

Financial Performance - Fourth quarter net income was $30.2 million, or $1.77 per diluted share, compared to $27.8 million and $1.64 in the previous quarter [2]. - Full year record net income reached $113.9 million, or $6.71 per diluted share, with adjusted net income of $119.3 million, or $7.03 per diluted share (non-GAAP) [5]. - Net income for Q4 2024 was $30,225,000, an increase from $27,785,000 in Q3 2024, reflecting a growth of 5.2% [43]. - Net income for the year ended December 31, 2024, was $113,850,000, slightly up from $113,558,000 in 2023 [45]. - Basic EPS for the year ended December 31, 2024, was $6.77, compared to $6.79 in 2023, reflecting a minor decrease of 0.3% [45]. - Adjusted net income (non-GAAP) for Q4 2024 was $32,819 thousand, up 1.5% from $32,855 thousand in Q4 2023 [70]. - Adjusted earnings per common share (non-GAAP) for Q4 2024 was $1.95, an increase from $1.99 in Q4 2023, reflecting a decrease of 2.0% [70]. Income and Revenue - Record quarterly net interest income of $61.2 million, an increase of $1.5 million from the previous quarter, with a net interest margin (NIM) of 2.95% [5][8]. - Interest income for Q4 2024 was $121,642,000, a slight decrease from $125,420,000 in Q3 2024 [43]. - Total noninterest income for Q4 2024 was $30,625,000, up from $27,157,000 in Q3 2024, representing an increase of 9.1% [43]. - Total noninterest income for the year ended December 31, 2024, was $115,529,000, down from $132,684,000 in 2023, a decrease of 12.9% [45]. - Noninterest income for the fourth quarter totaled $30.6 million, with significant capital markets revenue of $20.6 million, up from $16.3 million in the prior quarter [12]. Assets and Liabilities - Total assets increased to $9,026,030 thousand as of December 31, 2024, compared to $8,538,894 thousand a year earlier, reflecting a growth of 5.7% [38]. - Total deposits rose to $7,061,187 thousand, up 8.4% from $6,514,005 thousand in the previous year [39]. - Net loans/leases reached $6,694,563 thousand, showing an increase from $6,456,216 thousand year-over-year, which is a growth of 3.7% [38]. - Total borrowings decreased to $569,532 thousand from $718,295 thousand, reflecting a reduction of 20.7% [39]. - The allowance for credit losses stood at $89,841 thousand, slightly up from $87,200 thousand a year ago, indicating a proactive approach to risk management [38]. Efficiency and Ratios - The efficiency ratio improved to 58.26% in the fourth quarter, with expectations for noninterest expenses in the range of $52 to $55 million for Q1 2025 [16]. - The tangible book value per share increased by $1.21, or 10% annualized, during the fourth quarter, and by $6.40, or 15%, for the full year [30]. - The efficiency ratio (Non-GAAP) improved to 58.26%, down from 61.65% in the previous quarter, indicating better cost management [48]. - The total risk-based capital ratio improved to 14.10%, up from 14.29% a year ago, indicating a slight decrease in capital adequacy [47]. - Return on average assets (annualized) was 1.34%, an increase from 1.29% in the previous quarter [48]. Credit Quality - Nonperforming assets (NPAs) totaled $45.6 million, with a ratio of NPAs to total assets at 0.50% [21][22]. - Total nonperforming assets increased to $45,554,000 as of December 31, 2024, up from $35,689,000 in the previous quarter, representing a 27.5% increase [58]. - The allowance for credit losses on loans/leases ended at $89,841,000, an increase from $86,321,000 in the prior quarter, reflecting a credit loss expense of $6,832,000 for the quarter [58]. - Nonperforming loans/leases totaled $44,350,000, up from $34,778,000 in the previous quarter, indicating a significant rise of 27.5% [58]. Market and Shareholder Information - Common shares outstanding increased to 16,882,045 as of December 31, 2024, compared to 16,749,254 a year earlier, reflecting a growth of approximately 0.79% [47]. - Book value per common share rose to $59.08, up from $52.93 a year ago, representing an increase of 11.7% [47]. - Market capitalization reached $1,361,368,000, a significant increase from $977,989,000 in the previous year, marking a growth of approximately 39.1% [47].

Core Viewpoint - QCR Holdings (QCRH) is expected to report a decline in quarterly earnings and revenues compared to the previous year, indicating potential challenges in financial performance [1]. Earnings Estimates - Wall Street analysts predict QCRH will post quarterly earnings of $1.73 per share, a decrease of 12.2% year-over-year [1]. - The consensus EPS estimate has been adjusted downward by 0.6% over the past 30 days, reflecting a reassessment of projections by analysts [2]. Revenue Projections - Revenues for QCRH are forecasted to be $89.7 million, representing a year-over-year decrease of 13.3% [1]. - Analysts expect 'Total noninterest income' to reach $28.73 million, down from $47.73 million reported in the same quarter last year [5]. Key Financial Metrics - The estimated 'Efficiency Ratio (Non-GAAP)' is projected at 51.8%, improving from 58.9% a year ago [4]. - 'Average Balance - Total earning assets' is expected to be $8.27 billion, up from $7.63 billion in the same quarter last year [5]. - 'Net Interest Income' is forecasted at $61.14 million, compared to $55.74 million a year ago [6]. - 'Net interest income - tax equivalent (non-GAAP)' is estimated to reach $71.34 million, up from $63.69 million in the previous year [6]. Stock Performance - QCR Holdings shares have shown a return of -1.1% over the past month, compared to a -0.4% change in the Zacks S&P 500 composite [7]. - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [7].

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Core Viewpoint - QCR Holdings (QCRH) is anticipated to report a year-over-year decline in earnings due to lower revenues, with the consensus outlook indicating a potential impact on its near-term stock price [1][2]. Earnings Expectations - The earnings report is scheduled for January 22, 2025, with expected quarterly earnings of $1.73 per share, reflecting a year-over-year decrease of 12.2% [3][12]. - Revenues are projected to be $89.7 million, down 13.3% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.62% lower in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +6.51% suggests that analysts have recently become more optimistic about QCR Holdings' earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. - QCR Holdings has a Zacks Rank of 3, which, along with the positive Earnings ESP, suggests a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, QCR Holdings exceeded the expected earnings of $1.49 per share by delivering $1.78, resulting in a surprise of +19.46% [12]. - The company has beaten consensus EPS estimates in all of the last four quarters [13]. Industry Comparison - Wintrust Financial (WTFC), a peer in the Zacks Banks - Midwest industry, is expected to report earnings of $2.52 per share, marking a year-over-year increase of 34.8% [17]. - Wintrust's revenues are projected to be $640.87 million, up 12.3% from the previous year, but it has an Earnings ESP of -0.66%, making it challenging to predict an earnings beat [18].

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? QCR Holdings (QCRH) , which belongs to the Zacks Banks - Midwest industry, could be a great candidate to consider.When looking at the last two reports, this bank holding company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 21.96%, on average, in the last two quarters.For the last reported quarter, Q ...

MOLINE, Ill., Jan. 02, 2025 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (“QCRH” or the “Company”) announced today that its fourth quarter and fiscal year ended December 31, 2024 financial results will be released after the market closes on Wednesday, January 22, 2025. The Company will host a conference call and webcast the next day, Thursday, January 23, 2025, at 10:00 a.m. Central Time to discuss the results. Shareholders, analysts, and other interested parties are invited to join. Teleconference ...

A downtrend has been apparent in QCR Holdings (QCRH) lately with too much selling pressure. The stock has declined 12.8% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for s ...

QCR Holdings (QCRH) has been on a downward spiral lately with significant selling pressure. After declining 11.9% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock ...