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QCR (QCRH) - 2024 Q3 - Quarterly Results
QCRHQCR (QCRH)2024-10-23 20:05

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 ...