QCR Holdings Q1 net income $27.2M, diluted EPS $1.60; adjusted EPS $1.65

QCR HOLDINGS INC

2023-Q1 EPS reported $1.60 revenue$120,059,000

Net income $27.2M ($1.60 diluted EPS) vs $30.9M ($1.81) in Q4 2022; adjusted net income $28.0M ($1.65).
Capital markets revenue from swap fees surged 50% to $17.0M; total noninterest income up 22% to $25.8M.
Net interest margin (TEY) fell to 3.52% from 3.93% QoQ; adjusted NIM TEY declined 14 bps to 3.47%.
Nonperforming assets rose to $23.0M (0.29% of assets) from $8.9M due to one credit moved to nonaccrual.
Loan growth guided to 0-5% annualized in Q2 net of planned securitization; TCE ratio improved to 8.21%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

QCR HOLDINGS INC reported the quarter ended March 31, 2023 results: net income $27.2 million, EPS $1.60 per diluted share. Guidance raised.

Period: the quarter ended March 31, 2023
Net income: $27.2 million
EPS: $1.60 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

Moline, IL, April 26, 2023 – QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced net income of $27.2 million and diluted earnings per share (“EPS”) of $1.60 for the first quarter of 2023, compared to net income of $30.9 million and diluted EPS of $1.81 for the fourth quarter of 2022.

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

QCR HOLDINGS INC filing history →

Source: SEC EDGAR

accession 0001104659-23-050336

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.