NASDAQ$QCRH
QCR Holdings Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Reported quarterly net income and diluted earnings per share, driven by significant growth in net interest income and robust loan growth.
QCR Holdings announced a strong fourth quarter with a net income of $30.2 million and diluted EPS of $1.77. The company delivered record full-year results, driven by significant growth in net interest income, margin expansion, and robust loan growth.
- Delivered strongest results of the year in the fourth quarter, generating record full year results.
- Net interest income increased, driven by margin expansion and robust loan growth.
- Capital markets and wealth management revenue remained strong while controlling core operating expenses and maintaining excellent asset quality.
- Successfully executed on fourth low-income housing tax credit securitization during the fourth quarter.
Headline financials
Revenue & EPS history
QCR Holdings · Revenue · Quarterly
$61.2M
Revenue by segment
QCR Holdings · $19.4M total across 2 segments · Q3 2023
- Capital Markets$15.6M—80.4%
- Wealth Management$3.8M—19.6%
Forward guidance
The Company anticipates continued growth in net interest margin in Q1 2025 and expects noninterest expense to increase by 4%. They also project gross loan growth between 8% and 10% for the full year 2025, with net loan growth between 1% and 3% after factoring in loan securitization and the runoff of m2 Equipment Finance loans.
Tailwinds
- Expects to continue growing its NIM in the first quarter of 2025.
- Anticipate gross loan growth between 8% and 10% for the full year 2025.
- LIHTC lending pipeline and related capital markets revenue remains solid.
- Wealth management business continues to expand, driven by new client acquisitions and growth in assets under management.
- Strong core deposit growth and increased liquidity.
Headwinds
- Expect noninterest expense to be in the range of $52 to $55 million for the first quarter of 2025, an increase of 4%.
- Increase in NPAs was primarily due to three loans in discrete industries.
- Accumulated other comprehensive income decreased $9.6 million during the fourth quarter of 2024 due to a decrease in the value of the Company’s available for sale securities portfolio and certain derivatives resulting from the change in long-term interest rates during the quarter.
- The company is factoring in the loan securitization that we have planned for 2025 and the continuing runoff of m2 Equipment Finance loans
- These changes are reflective of the credit environment normalizing from historically low levels.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+1.0%
Avg return
Earnings day
+1.9%
Avg return
5 days after
+3.4%
Avg return
30 days after
62%
41 / 66 earnings
Positive
+15.2%
Q1 2020
Best reaction
-9.3%
Q1 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | +3.9% | +2.0% | |
| Q4 2025 | +1.6% | +4.8% | -1.8% | |
| Q3 2025 | +3.3% | +5.6% | +10.0% | |
| Q2 2025 | -1.7% | -1.1% | +0.9% | |
| Q1 2025 | -2.5% | -4.8% | -0.5% | |
| Q4 2024 | -2.0% | -2.7% | -5.4% | |
| Q3 2024 | -1.0% | +3.2% | +17.4% | |
| Q2 2024 | +4.3% | +4.8% | +6.2% | |
| Q1 2024 | +1.4% | -2.7% | +0.1% | |
| Q4 2023 | +4.7% | +6.7% | -2.3% | |
| Q3 2023 | +2.5% | +1.4% | +8.8% | |
| Q2 2023 | +6.2% | +5.4% | +8.7% | |
| Q1 2023 | +4.5% | +3.7% | +2.0% | |
| Q4 2022 | +0.7% | +0.6% | +7.6% | |
| Q3 2022 | -7.7% | -10.3% | -7.9% | |
| Q2 2022 | +1.1% | +2.9% | +2.2% | |
| Q1 2022 | -5.7% | -4.0% | -4.0% | |
| Q4 2021 | -1.8% | -5.1% | -7.3% | |
| Q3 2021 | +0.1% | +7.7% | +4.0% | |
| Q2 2021 | +2.4% | +5.1% | +8.7% | |
| Q1 2021 | -1.3% | -0.0% | -1.4% | |
| Q4 2020 | -1.2% | +0.3% | +3.8% | |
| Q3 2020 | +3.7% | +2.3% | +22.6% | |
| Q2 2020 | +4.1% | +2.9% | +4.2% | |
| Q1 2020 | +15.2% | +4.5% | +8.3% | |
| Q4 2019 | +3.4% | +2.1% | +1.2% | |
| Q3 2019 | +1.6% | +5.1% | +4.9% | |
| Q2 2019 | +9.4% | +13.8% | +6.3% | |
| Q1 2019 | -3.4% | +1.6% | -3.7% | |
| Q4 2018 | +3.9% | +1.0% | +7.5% | |
| Q3 2018 | +2.2% | +8.1% | +6.7% | |
| Q2 2018 | -6.7% | -7.6% | -8.5% | |
| Q1 2018 | +5.3% | +6.9% | +7.6% | |
| Q4 2017 | +5.9% | +0.8% | +3.2% | |
| Q3 2017 | -2.3% | -10.1% | -5.0% | |
| Q2 2017 | -1.9% | -2.2% | -9.1% | |
| Q1 2017 | +3.9% | +10.0% | +1.8% | |
| Q4 2016 | +2.1% | +3.9% | +4.1% | |
| Q3 2016 | +0.9% | +2.2% | +21.3% | |
| Q2 2016 | +2.8% | +3.6% | +8.9% | |
| Q1 2016 | +0.5% | — | — | |
| Q4 2015 | -1.1% | — | — | |
| Q3 2015 | +5.6% | — | — | |
| Q2 2015 | -0.0% | — | — | |
| Q1 2015 | +2.2% | — | — | |
| Q4 2014 | +1.5% | — | — | |
| Q3 2014 | -1.2% | — | — | |
| Q2 2014 | +0.1% | — | — | |
| Q1 2014 | +1.2% | — | — | |
| Q4 2013 | -0.8% | — | — | |
| Q3 2013 | +0.8% | — | — | |
| Q2 2013 | +0.9% | — | — | |
| Q1 2013 | +3.8% | — | — | |
| Q4 2012 | +4.4% | — | — | |
| Q3 2012 | -0.6% | — | — | |
| Q2 2012 | +4.8% | — | — | |
| Q1 2011 | +3.4% | — | — | |
| Q1 2012 | -2.5% | — | — | |
| Q4 2009 | +0.6% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q4 2010 | +0.6% | — | — | |
| Q3 2011 | +0.0% | — | — | |
| Q3 2010 | +0.0% | — | — | |
| Q2 2010 | -4.6% | — | — | |
| Q2 2011 | -4.6% | — | — | |
| Q1 2010 | -9.3% | — | — |
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