QCRH earnings analysis
What we found in QCRH's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
QCR Holdings delivered diluted EPS of $2.19, up $0.20 sequentially and $0.48 year over year, while revenue of $150.454 million increased from both comparison periods. The filing excerpt does not provide gross margin, operating margin, free cash flow, segment revenue or new quantitative guidance. Interest-rate risk is the key balance-sheet concern: the company is moderately liability sensitive following a shift toward higher-beta deposits, although all disclosed scenarios remained within policy limits and management reported no material risk-factor changes.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- EPS improved sequentially and year over year
- Diluted EPS was $2.19, up from $1.99 in Q1 2026 and $1.71 in Q2 2025, increases of $0.20 and $0.48, respectively.
- Revenue grew from both comparison periods
- Revenue was $150.454 million, versus $143 million in Q1 2026 and $142 million in Q2 2025, increases of approximately 5.2% sequentially and 5.9% year over year.
- Net income and operating leverage improved
- Net income increased to $36.3 million from $33.4 million in Q1 2026, supported by LIHTC capital-markets revenue and improved operating leverage.
- Interest-rate exposures stayed within limits
- Interest-rate exposure remained within policy limits: June 30 exposure was 2.0% for a 300-basis-point downward shock, (1.0)% for a 200-basis-point upward shift and (3.4)% for a 300-basis-point upward shock, versus policy limits of 30.0%, 10.0% and 30.0%, respectively.
- No control deficiencies reported
- Management concluded disclosure controls were effective as of June 30, 2026, and reported no significant changes in internal control over financial reporting.
- Share repurchases continued
- The company repurchased 546,384 shares during the first six months of 2026, leaving 1,153,616 shares available under its 1,700,000-share authorization as of June 30.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Higher-beta funding raises rate sensitivity
- The company stated that its balance sheet is now moderately liability sensitive because funding shifted from non-interest-bearing and lower-beta deposits to higher-beta deposits. A 200-basis-point upward parallel shift produced a (1.0)% year-one net-interest-income exposure at June 30, 2026.
- Rate sensitivity worsened versus year-end
- Interest-rate exposure increased versus December 31, 2025 in the disclosed scenarios: the 300-basis-point upward shock was (3.4)% at June 30 versus (1.9)% at December 31, while the 300-basis-point downward shock was 2.0% versus 0.9%.
- Capital deployment reduces buyback capacity
- The filing states there were no material changes to the risk factors from the December 31, 2025 Form 10-K; however, the company has repurchased 546,384 shares, leaving 1,153,616 shares under the authorization, which represents continuing capital deployment.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $2.19
What they said about what is next.
The provided 10-Q excerpt contains no quantitative revenue or EPS outlook. The prior 8-K, rather than this filing, disclosed reaffirmed loan-growth and capital-markets outlooks and Q3 noninterest-expense guidance of $54 million-$57 million.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 8, 2026
- QCR Holdings reported Q1 2026 results showcasing an EPS of $1.99, beating consensus expectations of $1.77, while revenue of $67.4 million significantly missed estimates of approximately $99.9 million, reflecting a…
- 10-K · February 27, 2026
- QCR Holdings positions itself as a multi-bank regional commercial bank platform focused on five Midwest markets through four subsidiary banks (QCBT, CRBT, CSB and GB) and emphasizes net interest income, CRE lending…
- 10-Q · November 7, 2025
- QCR reported a strong quarter by profitability measures: diluted EPS of $2.16 (Q3 2025) increased from $1.64 a year ago and net income was $36,714,000 vs $27,785,000 in Q3 2024. Net interest income and margin expanded…
- 10-Q · August 8, 2025
- QCR Holdings reported Q2 2025 net income of $29.019M and diluted EPS of $1.71, roughly flat with Q2 2024 ($29.114M, $1.72) while net interest income increased to $62.082M. Noninterest income fell materially (to…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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