QCR Holdings Q2 net income $28.4M, EPS $1.69; loan growth 12.2% annualized

QCR HOLDINGS INC

2023-Q2 EPS reported $3.29 revenue$250,956,000

Net income of $28.4M and diluted EPS of $1.69 for Q2 2023, vs. $27.2M and $1.60 in Q1 2023.
Annualized loan and lease growth of 12.2%; core deposits (ex-brokered) grew 23.0% annualized.
Capital markets revenue rose 32.1% to $22.5M; noninterest income up 25.8% to $32.5M.
Net interest margin (TEY, non-GAAP) fell 19 bps to 3.28%; adjusted net interest income $59.6M.
Tangible book value per share (non-GAAP) increased $1.28 (13.2% annualized); TCE ratio 8.28%.

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 0.95

QCR HOLDINGS INC reported the quarter ended June 30, 2023 results: net income $28.4 million, EPS $1.69 per diluted share.

Period: the quarter ended June 30, 2023
Net income: $28.4 million
EPS: $1.69 per diluted share
Result: reported results

Exact text from the filing

On July 26, 2023, QCR Holdings, Inc. (the “Company”) issued a press release disclosing financial results for the quarter ended June 30, 2023.

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Source: SEC EDGAR

accession 0001104659-23-084283

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