QCR Holdings Sees Impressive Growth Across Financial Metrics

By Tamara Parker • Saturday, January 25 10:15 • Permanent Link

QCR Holdings, Inc. has released its Investor Presentation for December 2024, highlighting its financial performance and business activities. Here are the key highlights from the presentation:

Earnings per Share: * Adjusted earnings per share has seen an impressive 13.9% compound annual growth rate since 2019, reaching $7.03 in 2024, up from $3.66 in 2019.

Tangible Book Value Per Share: * The tangible book value per share has grown at a rate of 12.3% annually, reaching $50.21 in 2024, up from $28.15 in 2019.

Loan and Deposit Growth: The company's loans have grown significantly, reaching $6.7 billion in 2024, up from $3.3 billion in 2019, representing a 12.9% compound annual growth rate. Core deposits have also seen substantial growth, reaching $6.3 billion in 2024, up from $3.4 billion in 2019, representing a 15.4% compound annual growth rate.

Assets Under Management: * The company's assets under management have grown to $6.3 billion in 2024, up from $3.4 billion in 2019, representing a 13.1% compound annual growth rate.

Wealth Management: The company's wealth management business has shown significant growth, with fee income averaging $28.3 million in 2019 and reaching $70.1 million in 2024, representing a 22.5% compound annual growth rate. Assets under management in the wealth management segment have also seen substantial growth, reaching $6.1 billion in 2024, up from $3.2 billion in 2019, representing a 13.1% compound annual growth rate.

Specialty Finance Group (SFG): * SFG has demonstrated robust performance, with swap fee income growing from $1.2 million in 2019 to $2.9 million in 2024, representing a 22.5% compound annual growth rate.

Low-Income Housing Tax Credit (LIHTC) Loans: * QCR Holdings' LIHTC loans have shown a strong track record of performance, with a very low historical industry-wide foreclosure rate and a cumulative foreclosure rate of 0.22% since the program's inception in 1986.

The market has reacted to these announcements by moving the company's shares -0.7% to a price of $78.75. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.