QCR (QCRH) Scheduled to Post Earnings on Wednesday

QCR (NASDAQ:QCRH) is scheduled to be releasing its earnings data after the market closes on Wednesday, October 23rd. Analysts expect QCR to post earnings of $1.49 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

QCR (NASDAQ:QCRH) last posted its quarterly earnings results on Wednesday, July 24th. The bank reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.34. QCR had a net margin of 19.37% and a return on equity of 12.90%. The company had revenue of $150.64 million for the quarter, compared to analysts’ expectations of $82.20 million. During the same quarter in the previous year, the firm posted $1.69 EPS. On average, analysts expect QCR to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

QCR Trading Up 1.8 %

Shares of QCRH stock opened at $79.62 on Wednesday. The company’s fifty day simple moving average is $74.02 and its two-hundred day simple moving average is $65.00. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.04 and a quick ratio of 1.00. QCR has a 1 year low of $45.83 and a 1 year high of $81.58. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 11.87 and a beta of 0.94.

QCR Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Friday, September 13th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.24 dividend on an annualized basis and a yield of 0.30%. QCR’s payout ratio is 3.58%.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods reissued an “outperform” rating and set a $82.00 target price (up previously from $70.00) on shares of QCR in a report on Monday, July 29th.

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.