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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.
QCR Holdings
QCR Holdings
QCR Holdings Revenue by Segment
Revenue by Segment
Wealth Management Revenue
CapyFin.com Forward Guidance
The company is targeting organic loan growth for the full year 2021 of between 8% and 10%.