QCR Holdings' Q1 adjusted EPS beats estimates on loan growth

QCR Holdings

22/04/2026 21:20

Overview

U.S. regional bank's Q1 adjusted EPS rose, beating analyst expectations

Adjusted net income for Q1 beat analyst expectations

Company repurchased 247,289 shares during the quarter

Outlook

QCR Holdings reaffirms 2026 gross loan growth guidance of 10% to 15% annualized

Company raises capital markets revenue guidance to $60 mln-$70 mln over next four qtrs

QCR Holdings expects Q2 noninterest expense of $55 mln-$58 mln

Result Drivers

LOAN AND DEPOSIT GROWTH - Q1 results benefited from healthy loan growth in both LIHTC and traditional lending, and robust core deposit growth, per CEO Todd Gipple

EXPENSE REDUCTION - Noninterest expense fell 17% from the prior quarter, mainly due to lower variable compensation and timing of digital transformation investments, per CFO Nick Anderson

MARGIN EXPANSION - Margin improved as robust deposit growth allowed reduction in higher-cost funding, though late-quarter loan growth limited full benefit, per CFO Nick Anderson

Company press release: ID:nGNX7wtl4d

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Beat
$1.99
$1.80 (5 Analysts)
Q1 EPS
$1.99
Q1 Adjusted Net Income
Beat
$33.40 mln
$30.36 mln (5 Analysts)
Q1 Net Income
$33.40 mln
Q1 Net Interest Income
$67.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for QCR Holdings Inc is $103.00, about 13.9% above its April 21 closing price of $90.43

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)