Loading...
•
Mar 31, 2024
QCR Holdings Q1 2024 Earnings Report
Announced net income of $26.7 million and diluted earnings per share of $1.58.
Key Takeaways
QCR Holdings reported a strong first quarter with a net income of $26.7 million and diluted EPS of $1.58. The company experienced significant fee income, core deposit and loan balance growth, well-managed expenses, improved asset quality, and strengthened capital levels.
Core deposits increased by $316.2 million, or 20.3% annualized.
Total loans and leases grew by $104.9 million, or 6.4% annualized.
Nonperforming assets decreased by 8.5% to $31.3 million.
Capital markets revenue totaled $16.5 million.
QCR Holdings
QCR Holdings
QCR Holdings Revenue by Segment
Revenue by Segment
Wealth Management Revenue
CapyFin.comCapital Markets Revenue
CapyFin.com Forward Guidance
QCR Holdings maintains its loan growth target for the full year 2024 of 8% to 10%, prior to loan securitizations.
Revenue & Expenses
Visualization of income flow from segment revenue to net income