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 |
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 |