QCR (QCRH) to Release Earnings on Wednesday

QCR (NASDAQ:QCRH) is expected to announce its earnings results after the market closes on Wednesday, January 22nd. Analysts expect the company to announce earnings of $1.74 per share and revenue of $96,558.50 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

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

QCR stock opened at $80.70 on Monday. The stock’s 50 day moving average is $85.90 and its 200 day moving average is $78.16. QCR has a one year low of $54.32 and a one year high of $96.08. The firm has a market cap of $1.36 billion, a P/E ratio of 11.71 and a beta of 0.98. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.02 and a quick ratio of 0.99.

QCR Announces Dividend

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

Insider Buying and Selling

In related news, CAO Nick W. Anderson sold 675 shares of QCR stock in a transaction on Wednesday, October 30th. The shares were sold at an average price of $81.93, for a total value 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 approximately $64,069.26. This trade represents a 46.33 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.70% of the stock is owned by 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.