other material
confidence high
sentiment positive
materiality 0.70
QCRH posts $7.7B assets and $6.87 adj. EPS; targets 9% loan growth per year
QCR HOLDINGS INC
- Total assets $7.7B, loans $6.0B, deposits $5.9B, wealth AUM $4.3B as of 9/30/22.
- Adjusted EPS $6.87 annualized (9 months); tangible book value $34.46 per share.
- Strategic 9-6-5 plan: 9% loan growth, 6% fee income growth, ≤5% expense growth per year.
- GFED acquisition closed April 1, 2022; expected EPS accretion 13.1%, IRR 20.4%, TBV earnback 2.75 years.
- Strong credit quality: NPAs/assets 0.23%, ACL/loans 1.51% (CECL).