QCR Holdings: Q2 Earnings Snapshot

MOLINE, Ill. (AP) — MOLINE, Ill. (AP) — QCR Holdings Inc. (QCRH) on Wednesday reported second-quarter profit of $28.4 million. The bank, based in M...

July 26, 2023
11:34 PM

MOLINE, Ill. (AP) — MOLINE, Ill. (AP) — QCR Holdings Inc. (QCRH) on Wednesday reported second-quarter profit of $28.4 million. The bank, based in Moline, Illinois, said it had earnings of $1.69 per share. The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share. The bank holding company posted revenue of $130.9 million in the period. Its revenue net of interest expense was $85.7 million, also surpassing Street forecasts.