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Stock impact report

QCR Holdings, Inc. Announces Net Income of $26.7 Million for the First Quarter of 2024 [Yahoo! Finance]

QCR Holdings, Inc. (QCRH) 
Last qcr holdings, inc. earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1024092
Company Research Source: Yahoo! Finance
Annualized core deposit growth, excluding brokered deposits, of 20.3% Increase in tangible book value (non-GAAP) per share of $1.12, or 10.2% annualized TCE/TA ratio (non-GAAP) improved by 19 basis points to 8.94% MOLINE, Ill., April 23, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the “Company”) today announced quarterly net income of $26.7 million and diluted earnings per share (“EPS”) of $1.58 for the first quarter of 2024, compared to net income of $32.9 million and diluted EPS of $1.95 for the fourth quarter of 2023. Adjusted net income (non-GAAP) and adjusted diluted EPS (non-GAAP) for the first quarter of 2024 were $26.9 million and $1.59, respectively. For the fourth quarter of 2023, adjusted net income (non-GAAP) was $33.3 million and adjusted diluted EPS (non-GAAP) was $1.97. For the first quarter of 2023, net income and diluted EPS were $27.2 million and $1.60, respectively, and adjusted net income (non-GAAP) and adjusted diluted EPS (non-GAAP) were Show less Read more
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