QCR Holdings, Inc. (NASDAQ:QCRH) is reporting second quarter financial results on Monday 27th July 2020, after market close.
According to analysts surveyed by Thomson Reuters, QCRH is expected to report 2Q20 income of $ 0.63 per share from revenue of $ 41.33 million.
For the full year, analysts anticipate top line of $ 169.80 million, while looking forward to income of $ 2.97 per share bottom line.
Previous Quarter Performance
QCR Holdings, Inc. came out with income for the first quarter of $ 0.77 per share, from the revenue of $ 37.70 million. The quarterly earnings contracted 4.94 percent while revenues reduced 6.20 percent compared with the same quarter last year.
Street analysts expected QCR Holdings, Inc. to report income of $ 0.71 per share on revenue of $ 39.54 million for the first quarter. The bottom line results beat street analysts by $ 0.06 or 8.45 percent, at the same time, top line results fell short of analysts by $ 1.84 million or 4.65 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of QCRH was $ 29.05, representing a 29.75 % increase from the 52 week low of $ 22.39 and a 35.1 % decrease over the 52 week high of $ 44.76.
The company has a market capital of $ 458.22 million and is part of the Financial Services sector and Banks – Regional – US industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.06 per share on May 19, 2020. The dividend were payable on July 8, 2020 to holders of record as of the close of business on June 19, 2020 and ex-dividend date on June 18, 2020.
QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company operates through Commercial Banking and Wealth Management segments. Its deposit products include noninterest and interest-bearing demand, time, and brokered deposits.
