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Sep 30, 2021
QCR Holdings Q3 2021 Earnings Report
Reported record net income driven by loan growth, fee income, net interest margin, and strong credit quality.
Key Takeaways
QCR Holdings announced record net income of $31.6 million and diluted earnings per share of $1.99 for Q3 2021. Loan growth was strong, and the net interest margin expanded.
Net income reached a record $31.6 million.
Diluted earnings per share were $1.99.
Core loans grew 23% on an annualized basis.
Net interest income totaled $46.2 million.
Forward Guidance
The company is targeting organic loan growth for the full year 2021 of between 16% and 18%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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