QCR Holdings Posts Q3 Earnings of $36.4 Million, Beating Analyst Estimates
IMP5.0
SNT+0.5▲
CONF90%
QCR Holdings Inc. (QCRH) on Tuesday reported third-quarter earnings of $36.4 million, or $2.21 per share, topping Wall Street expectations. The Moline, Illinois-based bank holding company beat the average estimate of five analysts surveyed by Zacks Investment Research, who projected earnings of $2.09 per share. Revenue for the period totaled $152.1 million. Revenue net of interest expense came in at $99.2 million, also surpassing Street forecasts; three analysts surveyed by Zacks expected $98.9 million.
ByTicklex Editorial