QCR (QCRH) Expected to Announce Earnings on Wednesday

QCR (NASDAQ:QCRH) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, January 22nd. Analysts expect the company to announce earnings of $1.74 per share and revenue of $96,558.50 billion for the quarter.

QCR (NASDAQ:QCRH) last announced its quarterly earnings data on Wednesday, October 23rd. The bank reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.29. QCR had a net margin of 19.25% and a return on equity of 12.92%. The business had revenue of $152.58 million for the quarter, compared to analysts’ expectations of $84.00 million. During the same quarter in the prior year, the company earned $1.51 earnings per share. On average, analysts expect QCR to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

QCR Stock Up 2.6 %

Shares of QCRH stock traded up $2.02 during trading hours on Wednesday, hitting $80.62. 180,525 shares of the company’s stock traded hands, compared to its average volume of 87,769. The company has a quick ratio of 0.99, a current ratio of 1.02 and a debt-to-equity ratio of 0.67. The stock’s fifty day simple moving average is $86.21 and its two-hundred day simple moving average is $77.72. QCR has a 12-month low of $53.22 and a 12-month high of $96.08. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 11.70 and a beta of 0.98.

QCR Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, December 13th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date was Friday, December 13th. QCR’s dividend payout ratio (DPR) is presently 3.48%.

Insiders Place Their Bets

In other QCR news, CAO Nick W. Anderson sold 675 shares of QCR stock in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $81.93, for a total value of $55,302.75. Following the completion of the transaction, the chief accounting officer now directly owns 782 shares of the company’s stock, valued at approximately $64,069.26. The trade was a 46.33 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.70% of the company’s stock.

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.