Quarterly ResultApr 22, 2026, 04:07 PM
QCR Holdings Reports Record Q1 Net Income of $33.4M, EPS Up 31% YoY
AI Summary
QCR Holdings reported record first-quarter 2026 net income of $33.4 million, or $1.99 per diluted share, marking a 31% year-over-year increase in EPS and a 1.40% return on average assets. Net interest income grew 12% year-over-year to $67.4 million. The company achieved 8% annualized loan growth (excluding m2 runoff) and 23% annualized core deposit growth, alongside a 17% reduction in noninterest expenses on a linked-quarter basis. QCRH also repurchased 247,289 shares and reaffirmed its 10-15% annualized gross loan growth guidance.
Key Highlights
- Net income reached a record $33.4 million for Q1 2026.
- Diluted EPS increased 31% year-over-year to $1.99.
- Net interest income grew 12% year-over-year to $67.4 million.
- Loan growth was 8% annualized, core deposits grew 23% annualized.
- Repurchased 247,289 shares at an average price of $84.28.