earnings
confidence high
sentiment positive
materiality 0.80
QCRH Q2 net income $29.1M ($1.72 EPS); adjusted EPS $1.73, NIM expands
QCR HOLDINGS INC
2024-Q2 EPS reported
$3.30
revenue$292,542,000
- Net income $29.1M, diluted EPS $1.72 vs $1.58 in Q1; adjusted EPS $1.73.
- Net interest income $56.2M, up $1.5M (3%) QoQ; adjusted NIM TEY expanded 2 bps to 3.26%.
- Noninterest income $30.9M, up $4.0M (15%) from Q1; capital markets revenue $17.8M.
- Loans grew $206.1M to $6.9B; total deposits $6.8B, down modestly $42.1M.
- Asset quality remains strong: NPAs 0.39%, criticized loans down $17.1M.