Quarterly ResultJul 22, 2026, 04:12 PM
QCR Holdings Q2 Net Income $36.3M, EPS $2.19, up 28% YoY
AI Summary
QCR Holdings, Inc. reported strong second-quarter 2026 financial results with net income of $36.3 million and diluted EPS of $2.19, marking a 28% year-over-year increase in EPS. The company achieved robust gross loan growth of 12% annualized, excluding certain transactions, and saw significant capital markets revenue from LIHTC production, which increased 69% year-over-year to $16.7 million. Asset quality improved, with criticized loans at their lowest level since Q4 2019, and the company returned $13.5 million to shareholders through opportunistic share repurchases.
Key Highlights
- Net income reached $36.3 million, with diluted EPS of $2.19, a 28% increase year-over-year.
- Capital markets revenue from LIHTC production surged 69% year-over-year to $16.7 million.
- Gross loan growth was 12% annualized, excluding securitization, loan sale, and m2 runoff.
- Wealth Management assets under management grew 9% and revenue increased 7% linked-quarter.
- Asset quality improved, with criticized loans to total loans at the lowest level since Q4 2019.
- Tangible book value per share grew $2.17, or 15% annualized on a linked-quarter basis.
- Repurchased 149,639 shares for $13.5 million at an average price of $90.01 per share.
- Reaffirmed gross loan growth guidance of 10-15% annualized for the final two quarters of 2026.
Price Impact
More from QCRH