earnings
confidence high
sentiment positive
materiality 0.75
QCR Holdings Q3 net income $27.8M, EPS $1.64; adjusted EPS $1.78
QCR HOLDINGS INC
2024-Q3 EPS reported
$4.94
revenue$445,119,000
- Net income $27.8M ($1.64 diluted EPS); adjusted net income $30.3M ($1.78 adjusted EPS).
- Net interest income rose 6% to $59.7M; adjusted NIM (TEY) expanded 8 bps to 3.34%.
- Capital markets revenue $16.3M; wealth management revenue $4.5M (+17% annualized).
- Core deposits grew $166.3M (10.3% annualized); loans +$53.5M; TCE/TA improved to 9.24%.
- Q4 guidance: adj. NIM TEY expansion of 2-7 bps; full-year loan growth target 8-10% (pre-securitization).