QCR (NASDAQ:QCRH) Announces Quarterly Earnings Results

QCR (NASDAQ:QCRH) posted its earnings results on Wednesday. The bank reported $1.93 EPS for the quarter, beating the consensus estimate of $1.74 by $0.19, Zacks reports. QCR had a return on equity of 12.92% and a net margin of 19.25%.

QCR Price Performance

Shares of QCRH opened at $80.96 on Thursday. QCR has a 1 year low of $54.37 and a 1 year high of $96.08. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.02 and a quick ratio of 0.99. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 11.75 and a beta of 0.98. The business has a 50-day moving average of $85.46 and a 200-day moving average of $78.48.

QCR Dividend Announcement

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

Insider Transactions at QCR

In related news, CAO Nick W. Anderson sold 675 shares of the firm’s stock in a transaction that occurred on 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 owns 782 shares of the company’s stock, valued at $64,069.26. This trade represents a 46.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 3.70% of the stock is owned by corporate insiders.

QCR Company Profile

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.