QCR (QCRH) to Release Quarterly Earnings on Wednesday

QCR (NASDAQ:QCRH) is expected to post its quarterly earnings results 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. Individual interested in registering for the company’s earnings conference call can do so using this link.

QCR (NASDAQ:QCRH) last issued its quarterly earnings data on Wednesday, October 23rd. The bank reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.29. QCR had a net margin of 19.25% and a return on equity of 12.92%. The firm had revenue of $152.58 million for the quarter, compared to analysts’ expectations of $84.00 million. During the same period in the prior year, the firm earned $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 Stock Performance

NASDAQ:QCRH opened at $80.70 on Tuesday. The stock has a market capitalization of $1.36 billion, a P/E ratio of 11.71 and a beta of 0.98. QCR has a 1 year low of $54.32 and a 1 year high of $96.08. The firm has a 50 day moving average of $85.67 and a 200-day moving average of $78.32. The company has a current ratio of 1.02, a quick ratio of 0.99 and a debt-to-equity ratio of 0.67.

QCR Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Friday, December 13th were given a $0.06 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.24 annualized dividend and a yield of 0.30%. QCR’s payout ratio is 3.48%.

Insider Activity

In other news, CAO Nick W. Anderson sold 675 shares of the stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $81.93, for a total transaction of $55,302.75. Following the sale, the chief accounting officer now directly owns 782 shares of the company’s stock, valued at $64,069.26. This represents a 46.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.70% of the stock is currently owned by corporate insiders.

About QCR

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.