QCR (NASDAQ:QCRH - Get Free Report) will likely be releasing its earnings data after the market closes on Wednesday, January 22nd. Analysts expect QCR to post earnings of $1.74 per share and revenue of $96,558.50 billion for the quarter.
QCR (NASDAQ:QCRH - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The bank reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.29. The firm had revenue of $152.58 million during the quarter, compared to analyst estimates of $84.00 million. QCR had a return on equity of 12.92% and a net margin of 19.25%. During the same quarter in the previous year, the company posted $1.51 earnings per share. On average, analysts expect QCR to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
QCR Price Performance
Shares of QCR stock traded up $2.02 during trading on Wednesday, hitting $80.62. 180,525 shares of the stock traded hands, compared to its average volume of 87,769. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 11.70 and a beta of 0.98. The company has a quick ratio of 0.99, a current ratio of 1.02 and a debt-to-equity ratio of 0.67. QCR has a 52 week low of $53.22 and a 52 week high of $96.08. The firm's fifty day moving average is $86.21 and its 200-day moving average is $77.72.
QCR Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 13th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.30%. QCR's payout ratio is 3.48%.
Insider Activity at QCR
In related news, CAO Nick W. Anderson sold 675 shares of the stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $81.93, for a total transaction of $55,302.75. Following the completion of the sale, the chief accounting officer now directly owns 782 shares in the company, valued at $64,069.26. This represents a 46.33 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 3.70% of the stock is owned by insiders.
About QCR
(
Get Free Report)
QCR Holdings, Inc, 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.
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