---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-050336"
form_type: "8-K"
ticker: "QCRH"
cik: "0000906465"
company_name: "QCR HOLDINGS INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T15:01:16.324164+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0001104659-23-050336
- form_type: 8-K
- ticker: QCRH
- cik: 0000906465
- company_name: QCR HOLDINGS INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906465/000110465923050336/0001104659-23-050336-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906465/000110465923050336/tm2313590d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-050336
- JSON: https://secwatch.observer/filing/0001104659-23-050336.json
- Plain text: https://secwatch.observer/filing/0001104659-23-050336.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/906465/000110465923050336/0001104659-23-050336-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.