QCRH Q1 net income $26.7M ($1.58 EPS); core deposits surge 20% annualized

QCR HOLDINGS INC

2024-Q1 EPS reported $1.58 revenue$141,907,000

Net income $26.7M, diluted EPS $1.58; adjusted EPS $1.59 vs $1.65 in Q1 2023.
Capital markets revenue $16.5M, down from record $37.0M in Q4 2023; pipeline healthy.
Core deposits (ex-brokered) up $316.2M (20.3% annualized); loans grew 6.4% annualized.
NIM TEY (non-GAAP) 3.25%, down 7 bps QoQ; adjusted NIM TEY 3.24%.
NPAs down 8.5% to $31.3M; TCE/TA ratio improved 19 bps to 8.94%.

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 financial results for first quarter of 2024.

Period: first quarter of 2024
Result: reported results

Exact text from the filing

QCR Holdings, Inc. Announces Net Income of $26.7 Million for the First Quarter of 2024

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

QCR HOLDINGS INC reported financial results for the quarter ended March 31, 2024.

Period: the quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On April 23, 2024, QCR Holdings, Inc. (the “Company”) issued a press release disclosing financial results for the quarter ended March 31, 2024.

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

QCR HOLDINGS INC filing history →

Source: SEC EDGAR

accession 0001104659-24-050571

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