For the quarter ended September 2024, QCR Holdings (QCRH) reported revenue of $86.88 million, up 6.1% over the same period last year. EPS came in at $1.78, compared to $1.51 in the year-ago quarter.The reported revenue represents a surprise of +3.43% over the Zacks Consensus Estimate of $84 million. With the consensus EPS estimate being $1.49, the EPS surprise was +19.46%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...

QCR Holdings (QCRH) came out with quarterly earnings of $1.78 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.46%. A quarter ago, it was expected that this bank holding company would post earnings of $1.39 per share when it actually produced earnings of $1.73, delivering a surprise of 24.46%.Over the last four quarters, th ...

Exhibit 99.1 PRESS RELEASE FOR IMMEDIATE RELEASE QCR Holdings, Inc. Announces Net Income of $27.8 Million for the Third Quarter of 2024 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 (nonGAAP) 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 ...

Third Quarter 2024 Highlights Net income of $27.8 million, or $1.64 per diluted shareAdjusted 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 millionTangible book value (non-GAAP) per share grew $2.35, or 20% annualizedTC ...

Core Viewpoint - QCR Holdings has shown strong stock performance, with a 5.8% increase over the past month and a 36.4% gain since the beginning of the year, outperforming both the Zacks Finance sector and the Zacks Banks - Midwest industry [1][2]. Financial Performance - The company has consistently exceeded earnings expectations, reporting an EPS of $1.73 against a consensus estimate of $1.39 in its last earnings report [2]. - For the current fiscal year, QCR Holdings is projected to achieve earnings of $6.34 per share on revenues of $337 million, reflecting a decline of 7.04% in EPS and 4.72% in revenues [3]. - In the next fiscal year, earnings are expected to rise to $6.63 per share on revenues of $361.8 million, indicating a year-over-year growth of 4.61% in EPS and 7.36% in revenues [3]. Valuation Metrics - QCR Holdings has a Value Score of B, with Growth and Momentum Scores both at C, resulting in a combined VGM Score of B [6]. - The stock trades at 12.6 times the current fiscal year EPS estimates, which is above the peer industry average of 12 times [6]. - On a trailing cash flow basis, the stock is valued at 9.9 times compared to the peer group's average of 9.2 times [6]. Zacks Rank - QCR Holdings holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates [7]. - The stock meets the criteria for selection, as it has a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, suggesting potential for further price appreciation [7].

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. Teleconference: Dial-in inform ...

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. "We expect that this change will improve our profitability, increase liquidity, reduce our credit losses and ...

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. "Both Jim and Amy bring a strong background and expertise that complements the composition and experience of our board," said Larry Helling, Chief Executive Officer. "They also have deep commitments and close ties ...

Core Viewpoint - The U.S. equity markets experienced a sharp decline due to recession fears, primarily triggered by disappointing job market data, with nonfarm payrolls increasing by only 114,000 compared to expectations of 185,000, and the unemployment rate rising to 4.3% [1] Market Impact - The sell-off led to a global market downturn, with Japan's stock market being the most affected. However, there was a partial recovery in Japan, although market volatility remained high due to the unwinding of the yen "carry trade" as the yen appreciated against the U.S. dollar [2] Investment Strategies - In uncertain market conditions, investors often turn to momentum stocks as a strategy to achieve sustained profits when traditional value or growth investing does not yield desired results [3][4] - Momentum investing is based on the principle of "buying high and selling higher," leveraging the tendency of stocks to continue in the direction of established trends [4] Momentum Investing Characteristics - Momentum investing capitalizes on the human tendency to project current trends into the future, taking advantage of the time gap before mean reversion occurs [5] - Stocks such as M/I Homes, Inc. (MHO), QCR Holdings, Inc. (QCRH), and Mr. Cooper Group Inc. (COOP) are highlighted as potential candidates for momentum investing [5] Screening Parameters for Momentum Stocks - The screening process involves selecting the top 50 stocks with the best percentage price change over the last 52 weeks, followed by identifying the 10 worst performers over the past week to find those experiencing a short-term pullback [7] - Stocks must have a Zacks Rank 1 (Strong Buy) and a Momentum Style Score of B or better to ensure high probability of success in momentum investing [8][9] - Additional criteria include a current price greater than $5, being among the top 3000 by market capitalization, and an average 20-day trading volume exceeding 100,000 [10] Featured Stocks - M/I Homes, Inc. has seen a 47.3% increase in the past year but a 12.4% decline in the past week, with a Momentum Score of A [10] - QCR Holdings, Inc. has gained 32.5% over the past year but declined 8.9% in the last week, also holding a Momentum Score of A [11] - Mr. Cooper Group has rallied 44.4% in the past year but lost 8.4% in the past week, with a Momentum Score of B [12]

Group 1 - The core viewpoint is that rising earnings estimates and the subsequent rating upgrade for QCR Holdings indicate an improvement in the company's underlying business, suggesting that investors should respond positively by increasing the stock price [1][4][10] - QCR Holdings has been upgraded to a Zacks Rank 2 (Buy), reflecting an upward trend in earnings estimates, which is a significant factor influencing stock prices [4][10][16] - Over the past three months, the Zacks Consensus Estimate for QCR Holdings has increased by 4.4%, indicating a positive outlook for the company's earnings [15] Group 2 - The Zacks rating system maintains a balanced approach with an equal proportion of 'buy' and 'sell' ratings, with only the top 20% of stocks receiving favorable ratings, which positions QCR Holdings favorably for potential market-beating returns [3][12][16] - The correlation between changes in earnings estimates and near-term stock price movements is strong, influenced by institutional investors who adjust their valuations based on earnings estimates [11][14]