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QCR Holdings Set to Report Third-Quarter Earnings as Analysts Expect Revenue Drop

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QCRH$98.86 0.07%

QCR Holdings, Inc. (QCRH) is scheduled to release its third-quarter financial results on Tuesday afternoon. Wall Street forecasts a 3.1% year-over-year decrease in revenue for the quarter, marking a slowdown compared to the 15.4% revenue growth recorded in the same period last year.

The upcoming report follows a strong second quarter, in which the Midwest regional lender posted $106.8 million in revenue—a 13.5% annual increase that topped market expectations—alongside beats on earnings per share and tangible book value per share. However, the company has missed revenue forecasts several times over the past two years, making this quarter's performance critical for investors gauging operational stability.

Peer regional lenders offer mixed clues, with Independent Bank and Regions Financial both exceeding revenue expectations for the third quarter. Meanwhile, broader regional banking stocks have declined by an average of 4.9% over the past month, while QCR Holdings, Inc. stock remained flat, recently trading at $98.86.

Key points

  • QCR Holdings, Inc. (QCRH) reports third-quarter financial results on Tuesday afternoon.
  • Analysts expect revenue to fall 3.1% year-over-year, following a 15.4% increase in the prior-year quarter.
  • In the second quarter, the bank reported revenue of $106.8 million, growing 13.5% year-over-year and beating expectations.
  • Recent peer bank results showed revenue growth of 7.4% for Independent Bank and 2.6% for Regions Financial.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

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Questions and answers

When is QCR Holdings reporting its Q3 earnings?

QCR Holdings, Inc. is scheduled to report its third-quarter earnings on Tuesday afternoon.

What are analysts expecting for QCR Holdings Q3 revenue?

Analysts expect QCR Holdings, Inc. revenue to decline by 3.1% year-over-year for the third quarter.

How did QCR Holdings perform in its previous quarter?

In Q2, QCR Holdings, Inc. reported $106.8 million in revenue, up 13.5% year-over-year, beating analyst expectations for revenue, earnings per share, and tangible book value per share.