QCR Holdings, Inc. Announces Net Income of $27.8 Million for the Third Quarter of 2024
QCR (QCRH) GlobeNewswire News Room·2024-10-23 20:05
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 ...