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Mar 31, 2021
QCR Holdings Q1 2021 Earnings Report
Announced net income of $18.0 million for the first quarter of 2021.
Key Takeaways
QCR Holdings, Inc. reported a strong first quarter with a net income of $18.0 million and diluted earnings per share of $1.12. The company experienced robust loan growth and expanded net interest margin.
Net income was $18.0 million, and diluted EPS was $1.12.
Pre-provision, pre-tax adjusted net income (non-GAAP) was $29.0 million.
Annualized Loan and Lease Growth of 14.0% for the Quarter, excluding PPP Loans (non-GAAP)
Net interest income totaled $42.0 million.
Revenue by Segment
Forward Guidance
The company is targeting organic loan growth for the full year 2021 of between 8% and 10%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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