QCR (QCRH) Set to Announce Quarterly Earnings on Wednesday

QCR (NASDAQ:QCRH) is scheduled to announce its earnings results after the market closes on Wednesday, July 24th. Analysts expect the company to announce earnings of $1.39 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

QCR (NASDAQ:QCRH) last issued its quarterly earnings results on Tuesday, April 23rd. The bank reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.27. The company had revenue of $141.91 million during the quarter, compared to analysts’ expectations of $82.83 million. QCR had a net margin of 19.92% and a return on equity of 13.23%. During the same period last year, the business earned $1.65 EPS. On average, analysts expect QCR to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

QCR Price Performance

Shares of QCRH opened at $69.70 on Tuesday. The stock has a market capitalization of $1.17 billion, a P/E ratio of 10.39 and a beta of 0.96. QCR has a twelve month low of $45.83 and a twelve month high of $70.19. The company has a 50 day moving average of $58.97 and a 200-day moving average of $57.86. The company has a quick ratio of 0.95, a current ratio of 1.00 and a debt-to-equity ratio of 0.54.

QCR Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Friday, June 14th were paid a dividend of $0.06 per share. The ex-dividend date was Friday, June 14th. This represents a $0.24 annualized dividend and a dividend yield of 0.34%. QCR’s dividend payout ratio is currently 3.58%.

About QCR

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.