QCR Q2 2023 Earnings Report

QCR EPS Results

• Actual EPS: $1.69
• Consensus EPS: $1.35
• Beat/Miss: Beat by +$0.34
• One Year Ago EPS: N/A

QCR Revenue Results

• Actual Revenue: $85.73 million
• Expected Revenue: $78.40 million
• Beat/Miss: Beat by +$7.33 million
• YoY Revenue Growth: N/A

QCR Announcement Details

• Quarter: Q2 2023
• Date: 7/26/2023
• Time: N/A

QCR (NASDAQ:QCRH), a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company's deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. It also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies. The company's loan portfolio comprises loans to small and mid-sized businesses; business loans, including lines of credit for working capital and operational purposes; term loans for the acquisition of facilities, equipment, and other purposes; commercial and residential real estate loans; and installment and other consumer loans, such as home improvement, home equity, motor vehicle, and signature loans, as well as small personal credit lines. In addition, it engages in leasing of machinery and equipment to commercial and industrial businesses under direct financing lease contracts; and issuance of trust preferred securities. QCR Holdings, Inc. was incorporated in 1993 and is headquartered in Moline, Illinois.