QCR Holdings, Inc. (OQ:QCRH)

Sector:  Financials Industry:  Banks
 
See Regulatory Filings on SEC
Company Contact
Address: 3551 7th St
MOLINE IL 61265
Tel: 1-309-7363584
Website: https://qcrh.q4ir.com
IR: See website
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Key People
Todd A. Gipple
President, Chief Financial Officer, Director
Todd C. Kerska
Executive Vice President - Best-In-Class Initiatives
Larry J. Helling
Chief Executive Officer, Director
John H. Anderson
Chief Deposit Officer, Chief Executive Officer of Quad City Bank and Trust
Stacey J. Bentley
President and Chief Executive Officer, Community Bank and Trust
Kurt A. Gibson
President and Chief Executive Officer of Community State Bank
James D. Klein
President of Cedar Rapids Bank and Trust
Monte C. Mcnew
Chief Lending Officer, Chief Executive Officer of Guaranty Bank
Reba K. Winter
Chief Operating Officer, Executive Vice President
Robert M. Eby
Executive Vice President, Chief Credit Officer
   
Business Overview
QCR Holdings, Inc. is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny and Springfield communities, through four wholly owned banking subsidiaries (Banks), Quad City Bank & Trust (QCBT), Cedar Rapids Bank & Trust (CRBT), Community State Bank (CSB) and Guaranty Bank (GB), which provides full-service commercial and consumer banking and trust and asset management services. The Company's principal business consists of attracting deposits and investing those deposits in loans/leases and securities. The Company is also engaged in direct financing lease contracts and equipment financing agreements through m2, a wholly owned subsidiary of QCBT based in Waukesha, Wisconsin. It is also engaged in wealth management services through its banking subsidiaries. It also provides a range of commercial and retail lending/leasing and investment services to corporations, partnerships, individuals, and government agencies.
Financial Overview
For the three months ended 31 March 2024, QCR Holdings, Inc. interest income increased 22% to $115M. Net interest income after loan loss provision decreased 2% to $51.7M. Net income decreased 2% to $26.7M. Net interest income after loan loss provision reflects Community State Bank segment decrease from $15.7M to $0K, Quad City Bank and Trust Company segment decrease from $15.4M to $0K.
Employees: 953 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $319.19M as of Mar 31, 2024
EBITDA (TTM): $159.52M as of Mar 31, 2024
Net annual income (TTM): $86.40M as of Mar 31, 2024
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: N/A
Shares outstanding: 16,806,279 as of May 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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