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QCR Holdings (QCRH)
NASDAQ:QCRH
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Earnings Data
Report Date
Jan 22, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.57Last Year’s EPS
1.59Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2018
|% Change Since: -2.73%
|Next Earnings Date:Jul 19, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a positive overall sentiment with record net income, strong loan and deposit growth, and significant improvements in wealth management and capital markets revenue. However, there are concerns about increasing nonperforming assets and the impact of interest rate cap expirations.Company Guidance
During the Q4 2024 earnings call, QCR Holdings, Inc. provided guidance for 2025, highlighting several key metrics. The company anticipates gross loan growth of 8% to 10%, with a net loan growth target of 1% to 3% after considering planned loan securitizations and M2 equipment finance loan runoff. Total core deposits grew by $474 million, or 8%, in 2024, and the company aims to reduce its loan-to-deposit ratio into the low 90s over the next few years. QCR Holdings projects its adjusted net interest margin (NIM) on a tax-equivalent yield basis to either remain static or increase by up to 5 basis points in Q1 2025, despite a 4 basis point reduction from expired interest rate caps. The company foresees capital markets revenue from swap fees ranging from $50 million to $60 million over the next 12 months. Additionally, noninterest expenses are expected to be between $52 million and $55 million in Q1 2025, emphasizing continued investment in digital transformation.Record Net Income for 2024
QCR Holdings delivered record net income of $114 million, or $6.71 per diluted share for the full year 2024. Adjusted net income was $119 million, or $7.03 per diluted share.
Strong Loan and Deposit Growth
Total loan growth for the year was 10%, driven by low-income housing tax credit (LIHTC) lending and conventional commercial lending. Core deposits grew $474 million or 8% for the year.
Wealth Management Expansion
Assets under management increased by $1 billion or 20%, resulting in a 15% increase in total wealth management revenue.
Capital Markets Revenue
Noninterest income reached $116 million, led by $71 million from capital markets revenue. A gain of $1.4 million was realized from the securitization of LIHTC loans.
Improvement in Tangible Book Value
Tangible book value per share grew by $1.21, representing 10% annualized growth for the quarter.
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QCRH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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QCRH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 22, 2025 | $80.96 | $79.34 | -2.00% |
| Oct 23, 2024 | $78.00 | $78.11 | +0.14% |
| Jul 24, 2024 | $70.14 | $74.95 | +6.86% |
| Apr 23, 2024 | $58.21 | $58.42 | +0.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does QCR Holdings (QCRH) report earnings?
QCR Holdings (QCRH) is schdueled to report earning on Jan 22, 2025, TBA Not Confirmed.
What is QCR Holdings (QCRH) earnings time?
QCR Holdings (QCRH) earnings time is at Jan 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is QCRH EPS forecast?
QCRH EPS forecast for the fiscal quarter 2025 (Q1) is 1.57.
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