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Stock impact report

QCR Holdings, Inc. Announces Record Net Income of $32.9 Million for the Fourth Quarter and Record Net Income of $113.6 Million for the Full Year 2023

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: GlobeNewswire
Fourth Quarter Highlights Record fourth quarter net income of $32.9 million, or $1.95 per diluted shareRecord Capital Markets Revenue of $37.0 millionImproved NIM, which increased by 1 basis point from the prior quarter Significant increase in tangible book value (non-GAAP) per share of $3.48, or 35% annualizedTCE/TA ratio (non-GAAP) improved by 70 basis points to 8.75%Completion of first two securitizations of $265 million of low-income housing tax credit loans Full Year Highlights Record annual net income of $113.6 million, or $6.73 per diluted shareRecord adjusted net income (non-GAAP) of $115.1 million, or $6.82 per diluted shareRecord Capital Markets Revenue of $92.1 million, an increase of $50.8 million, or 123%Loan and lease growth of 11% prior to loan securitizations Deposit growth of 9%Tangible book value (non-GAAP) per share increased $6.99, or 19%Increased TCE/TA ratio (non-GAAP) by 82 basis points to 8.75% MOLINE, Ill., Jan. 23, 2024 (GLOBE NEWSWIRE) -- QCR Holdings, Show less Read more
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