QCR Holdings
QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The last earnings update was 69 days ago. More info.
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QCRH Share Price and Events
7 Day Returns
1 Year Returns
QCRH Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| QCR Holdings (QCRH) | -0.5% | -0.5% | -3.5% | -30.9% | 18% | 96.8% |
| US Banks | -1% | 2.4% | -1.5% | -6.5% | 44.7% | 46% |
| US Market | 0.6% | 3.8% | 2.8% | 4.1% | 37.3% | 42.5% |
1 Year Return vs Industry and Market
- QCRH underperformed the Banks industry which returned -6.5% over the past year.
- QCRH underperformed the Market in United States of America which returned 4.1% over the past year.
QCRH Value
Is QCR Holdings undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
QCR Holdings
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for QCR Holdings.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Weighted future Return on Equity estimates from 5 analysts.
= Stable Book Value * Return on Equity = $34.89 * 10.6% |
$3.68 |
| Book Value of Equity per Share | Weighted future Book Value estimates from 5 analysts. | $34.89 |
| Discount Rate (Cost of Equity) | See below | 8.1% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Banks Unlevered Beta | Simply Wall St/ S&P Global | 0.59 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.594 (1 + (1- 21%) (53.69%)) |
0.897 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.9 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.897 * 5.96%) |
8.08% |
Discounted Cash Flow Calculation for NasdaqGM:QCRH using Excess Returns Model Model
The calculations below outline how an intrinsic value for QCR Holdings is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (10.6% – 8.08%) * $34.89) |
$0.87 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= $0.87 / (8.08% - 2.73%) |
$16.19 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= $34.89 + $16.19 |
$51.08 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $51.08 |
| Current discount | Discount to share price of
$33.70
= -1 x ($33.70 - $51.08) / $51.08 |
34% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- QCR Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
- QCR Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for QCR Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
QCR Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $2.99 |
| NasdaqGM:QCRH Share Price ** | NasdaqGM (2019-07-17) in USD | $33.7 |
| United States of America Banks Industry PE Ratio | Median Figure of 593 Publicly-Listed Banks Companies | 12.75x |
| United States of America Market PE Ratio | Median Figure of 3,082 Publicly-Listed Companies | 17.98x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of QCR Holdings.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGM:QCRH Share Price ÷ EPS (both in USD) = 33.7 ÷ 2.99 |
11.28x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- QCR Holdings is good value based on earnings compared to the US Banks industry average.
- QCR Holdings is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
QCR Holdings's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 11.28x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts |
11.2%per year |
| United States of America Banks Industry PEG Ratio | Median Figure of 270 Publicly-Listed Banks Companies | 1.28x |
| United States of America Market PEG Ratio | Median Figure of 2,122 Publicly-Listed Companies | 1.59x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 11.28x ÷ 11.2% |
1.01x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- QCR Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
QCR Holdings's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $31.00 |
| NasdaqGM:QCRH Share Price * | NasdaqGM (2019-07-17) in USD | $33.7 |
| United States of America Banks Industry PB Ratio | Median Figure of 593 Publicly-Listed Banks Companies | 1.2x |
| United States of America Market PB Ratio | Median Figure of 5,241 Publicly-Listed Companies | 1.81x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGM:QCRH Share Price ÷ Book Value per Share (both in USD) = 33.7 ÷ 31.00 |
1.09x |
* Primary Listing of QCR Holdings.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- QCR Holdings is good value based on assets compared to the US Banks industry average.
Value checks
We assess QCR Holdings's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check) QCR Holdings has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
QCRH Future Performance
How is QCR Holdings expected to perform in the next 1 to 3 years based on estimates from 5 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- QCR Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- QCR Holdings's earnings growth is positive but not above the United States of America market average.
- QCR Holdings's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGM:QCRH Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts | 11.2% |
| NasdaqGM:QCRH Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts | 9.7% |
| United States of America Banks Industry Earnings Growth Rate | Market Cap Weighted Average | 2.7% |
| United States of America Banks Industry Revenue Growth Rate | Market Cap Weighted Average | 3.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.1% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.4% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 5 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 221 | 58 | 4 | |
| 2019-12-31 | 206 | 53 | 4 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 180 | 65 | 45 |
| 2018-12-31 | 171 | 64 | 43 |
| 2018-09-30 | 157 | 43 | 40 |
| 2018-06-30 | 150 | 44 | 39 |
| 2018-03-31 | 144 | 31 | 37 |
| 2017-12-31 | 138 | 34 | 36 |
| 2017-09-30 | 133 | 45 | 34 |
| 2017-06-30 | 132 | 48 | 33 |
| 2017-03-31 | 126 | 49 | 30 |
| 2016-12-31 | 118 | 43 | 28 |
| 2016-09-30 | 109 | 33 | 26 |
| 2016-06-30 | 101 | 36 | 26 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 5 Analyst Estimates (S&P Global) | See Below |
All data from QCR Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 3.61 | 3.70 | 3.55 | 6.00 |
| 2019-12-31 | 3.30 | 3.38 | 3.17 | 6.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 2.99 |
| 2018-12-31 | 2.92 |
| 2018-09-30 | 2.77 |
| 2018-06-30 | 2.83 |
| 2018-03-31 | 2.74 |
| 2017-12-31 | 2.68 |
| 2017-09-30 | 2.61 |
| 2017-06-30 | 2.48 |
| 2017-03-31 | 2.36 |
| 2016-12-31 | 2.20 |
| 2016-09-30 | 2.12 |
| 2016-06-30 | 2.21 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if QCR Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess QCR Holdings's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
QCR Holdings has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
QCRH Past Performance
How has QCR Holdings performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- QCR Holdings has delivered over 20% year on year earnings growth in the past 5 years.
- QCR Holdings's 1-year earnings growth is less than its 5-year average (22.7% vs 27.9%)
- QCR Holdings's earnings growth has not exceeded the US Banks industry average in the past year (22.7% vs 40.8%).
Earnings and Revenue History
All data from QCR Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 179.64 | 45.49 | 102.54 | |
| 2018-12-31 | 171.28 | 43.12 | 96.88 | |
| 2018-09-30 | 157.27 | 39.71 | 92.62 | |
| 2018-06-30 | 149.52 | 38.75 | 87.91 | |
| 2018-03-31 | 143.63 | 37.07 | 83.98 | |
| 2017-12-31 | 138.08 | 35.71 | 80.04 | |
| 2017-09-30 | 132.53 | 34.33 | 75.56 | |
| 2017-06-30 | 131.81 | 32.59 | 71.76 | |
| 2017-03-31 | 125.58 | 30.50 | 68.00 | |
| 2016-12-31 | 118.08 | 27.69 | 63.96 | |
| 2016-09-30 | 109.29 | 25.94 | 57.06 | |
| 2016-06-30 | 101.43 | 26.32 | 57.10 | |
| 2016-03-31 | 96.46 | 19.12 | 56.79 | |
| 2015-12-31 | 93.79 | 16.93 | 57.43 | |
| 2015-09-30 | 88.43 | 13.14 | 59.93 | |
| 2015-06-30 | 85.51 | 10.71 | 58.63 | |
| 2015-03-31 | 85.21 | 14.87 | 58.24 | |
| 2014-12-31 | 83.55 | 13.87 | 55.90 | |
| 2014-09-30 | 84.22 | 13.96 | 57.48 | |
| 2014-06-30 | 83.99 | 12.90 | 57.41 | |
| 2014-03-31 | 81.98 | 12.50 | 56.38 | |
| 2013-12-31 | 80.05 | 11.77 | 54.01 | |
| 2013-09-30 | 76.80 | 11.13 | 51.27 | |
| 2013-06-30 | 72.62 | 10.38 | 48.31 | |
| 2013-03-31 | 70.80 | 9.28 | 46.75 | |
| 2012-12-31 | 69.84 | 9.12 | 46.17 | |
| 2012-09-30 | 68.74 | 8.38 | 45.40 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- QCR Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- QCR Holdings used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
- Unable to establish if QCR Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Past performance checks
We assess QCR Holdings's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
QCR Holdings has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
QCRH Health
This company is a bank or financial institution.Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Balance sheet
Assets
Liabilities and shares
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from QCR Holdings Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 488.41 | 285.15 | 292.86 |
| 2018-12-31 | 473.14 | 407.62 | 212.21 |
| 2018-09-30 | 457.39 | 483.84 | 203.77 |
| 2018-06-30 | 369.59 | 380.76 | 121.44 |
| 2018-03-31 | 360.43 | 334.80 | 121.40 |
| 2017-12-31 | 353.29 | 309.48 | 120.39 |
| 2017-09-30 | 313.04 | 296.14 | 118.06 |
| 2017-06-30 | 305.08 | 230.26 | 149.52 |
| 2017-03-31 | 295.84 | 231.53 | 229.54 |
| 2016-12-31 | 286.04 | 290.95 | 115.12 |
| 2016-09-30 | 280.86 | 312.10 | 157.26 |
| 2016-06-30 | 275.12 | 381.87 | 118.01 |
| 2016-03-31 | 235.14 | 347.90 | 102.16 |
| 2015-12-31 | 225.89 | 444.16 | 68.23 |
| 2015-09-30 | 221.12 | 456.09 | 108.44 |
| 2015-06-30 | 211.70 | 456.57 | 111.46 |
| 2015-03-31 | 151.00 | 569.40 | 77.41 |
| 2014-12-31 | 144.08 | 662.56 | 98.59 |
| 2014-09-30 | 138.18 | 550.53 | 108.57 |
| 2014-06-30 | 134.64 | 619.03 | 113.57 |
| 2014-03-31 | 141.36 | 583.84 | 111.40 |
| 2013-12-31 | 147.58 | 563.38 | 92.00 |
| 2013-09-30 | 147.95 | 557.51 | 122.78 |
| 2013-06-30 | 145.45 | 549.99 | 95.56 |
| 2013-03-31 | 142.20 | 551.53 | 67.04 |
| 2012-12-31 | 140.43 | 547.76 | 94.98 |
| 2012-09-30 | 139.12 | 511.56 | 95.73 |
BANK ANALYSIS
This company is a bank or financial institution, which is analysed accordingly below.
- QCR Holdings has an acceptable proportion of non-loan assets held.
- QCR Holdings's liabilities are made up of primarily low risk sources of funding.
- Loans at QCR Holdings are broadly funded by customer deposits.
- QCR Holdings's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
- QCR Holdings has a sufficient allowance for bad loans.
- QCR Holdings has an acceptable level of bad loans (less than 2%).
Financial health checks
We assess QCR Holdings's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) QCR Holdings has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
QCRH Dividends
What is QCR Holdings's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
QCR Holdings
shares you are expected to receive
$14
in your first year as a dividend.
Dividend Amount
- QCR Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).
- QCR Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 5 Analyst Estimates (S&P Global) | See Below |
| United States of America Banks Industry Average Dividend Yield | Market Cap Weighted Average of 479 Stocks | 3% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2017 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | 0.31 | 7.00 |
| 2019-12-31 | 0.25 | 7.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-14 | 0.240 | 0.701 |
| 2018-11-15 | 0.240 | 0.704 |
| 2018-08-27 | 0.240 | 0.607 |
| 2018-05-24 | 0.240 | 0.515 |
| 2018-02-21 | 0.240 | 0.522 |
| 2017-11-20 | 0.200 | 0.453 |
| 2017-08-28 | 0.200 | 0.443 |
| 2017-05-16 | 0.200 | 0.436 |
| 2017-02-13 | 0.200 | 0.459 |
| 2016-12-16 | 0.160 | 0.375 |
| 2016-08-29 | 0.160 | 0.473 |
| 2016-05-18 | 0.160 | 0.569 |
| 2016-02-18 | 0.160 | 0.668 |
| 2015-11-20 | 0.080 | 0.347 |
| 2015-11-06 | 0.080 | 0.341 |
| 2015-10-20 | 0.080 | 0.342 |
| 2015-05-20 | 0.080 | 0.369 |
| 2014-11-13 | 0.080 | 0.442 |
| 2014-11-07 | 0.080 | 0.447 |
| 2014-10-22 | 0.080 | 0.449 |
| 2014-08-07 | 0.080 | 0.453 |
| 2014-07-23 | 0.080 | 0.467 |
| 2013-11-08 | 0.080 | 0.463 |
| 2013-10-28 | 0.080 | 0.458 |
| 2013-05-03 | 0.080 | 0.507 |
| 2012-11-09 | 0.080 | 0.538 |
| 2012-11-06 | 0.080 | 0.572 |
| 2012-10-22 | 0.080 | 0.548 |
| 2012-05-03 | 0.080 | 0.603 |
| 2011-12-16 | 0.080 | 0.793 |
| 2011-11-08 | 0.080 | 0.896 |
| 2011-10-24 | 0.080 | 0.888 |
| 2011-05-05 | 0.080 | 0.879 |
| 2011-03-07 | 0.080 | 0.988 |
| 2011-02-01 | 0.080 | 0.982 |
| 2010-11-05 | 0.080 | 1.001 |
| 2010-10-27 | 0.080 | 0.890 |
| 2010-05-17 | 0.080 | 0.831 |
| 2009-11-09 | 0.080 | 0.884 |
| 2009-10-26 | 0.080 | 0.807 |
| 2009-04-21 | 0.080 | 0.808 |
| 2008-10-27 | 0.080 | 0.817 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- QCR Holdings is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
- QCR Holdings is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Income/ dividend checks
We assess QCR Holdings's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can QCR Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) QCR Holdings has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
QCRH Management
CEO
| COMPENSATION | $664,932 |
| AGE | 63 |
| TENURE AS CEO | 0.2 years |
CEO Bio
Mr. Larry J. Helling has been the Chief Executive Officer of QCR Holdings, Inc. since May 23, 2019. Mr. Helling served as Executive Vice President and Chief Lending Officer of QCR Holdings, Inc. until May 23, 2019. Mr. Helling serves as Chief Executive Officer and Director at Cedar Rapids Bank and Trust Company (the “Bank”). At the Bank, he oversees all operations of the Bank. He is a graduate of Iowa State University and has more than 35 years of commercial banking experience. He was previously the Executive Vice President and Regional Commercial Banking Manager of Firstar Bank in Cedar Rapids with a focus on the Cedar Rapids metropolitan area and the Eastern Iowa region. Prior to his six years with Firstar, Mr. Helling spent twelve years with Omaha National Bank. His corporate development has included several roles of ever-increasing scope and responsibility within the perpetually changing financial market. He is past President and a member of the Rotary Club of Cedar Rapids. He has been a Director of QCR Holdings, Inc. since 2001. He is the Chair of the Board and Director of Community State Bank; Director of m2 Lease Funds. He is actively involved in the Cedar Rapids community. He serves as a Board Member of the Entrepreneurial Development Center (past President) and serves on the Large Investor Council of the Cedar Rapids Metro Economic Alliance (past Chairman). He is also an active Member of the Rotary Club of Cedar Rapids (past President), and is on the Board of Trustees for the United Way of East Central Iowa (past Chairman and Campaign Co-Chairman for 2015), and the Board of Trustees for Junior Achievement of Eastern Iowa. He serves on the Board of Trustees at Brucemore National Historic site.
CEO Compensation
- Larry's compensation has been consistent with company performance over the past year, both up more than 20%.
- Larry's remuneration is lower than average for companies of similar size in United States of America.
Management Team
Larry Helling
CEO & Director
$665K
63
0.2 yrs
Todd Gipple
President
$802K
55
0.2 yrs
John Anderson
Executive VP & Chief Deposit Officer
$463K
54
Rob Fulp
Chief Executive Officer of SFC Bank
$671K
Mike Bauer
Co-Founder
$899K
70
Rand Westlund
Chief Investment Officer & Executive VP
beth Grabin
Senior VP & Chief Accounting Officer
Chris Lindell
EVP of Corporate Communications & Investor Relations and Corporate Secretary
Peter Benson
Executive VP & Chief Legal Officer
Tonia Taylor
Senior VP & Director of Compliance
Board of Directors Tenure
Average tenure and age of the QCR Holdings board of directors in years:
- The average tenure for the QCR Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Pat Baird
Chairman of the Board
$78K
65
3.2 yrs
Larry Helling
CEO & Director
$665K
63
18.5 yrs
Marie Ziegler
Vice Chairman of the Board
$75K
61
Todd Gipple
President
$802K
55
10.2 yrs
John Anderson
Executive VP & Chief Deposit Officer
$463K
54
Mike Bauer
Co-Founder
$899K
70
Kurt Gibson
CEO, President & Director of Community State Bank
Mark Kilmer
Director
$57K
60
15.5 yrs
Donna Sorensen
Independent Director
$56K
69
10.2 yrs
George Ralph
Director
$67K
59
4.4 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 15. Mar 19 | Sell | John Anderson | Individual | 14. Mar 19 | 14. Mar 19 | -564 | $34.20 | $-19,289 | ||
| 14. Dec 18 | Buy | Elizabeth Grabin | Individual | 12. Dec 18 | 12. Dec 18 | 410 | $33.80 | $13,858 | ||
| 13. Dec 18 | Buy | Michael Peterson | Individual | 13. Dec 18 | 13. Dec 18 | 20,000 | $33.51 | $670,294 | ||
| 13. Dec 18 | Buy | Todd Gipple | Individual | 11. Dec 18 | 11. Dec 18 | 2,564 | $33.80 | $86,663 | ||
| 21. Sep 18 | Sell | Thomas Budd | Individual | 19. Sep 18 | 19. Sep 18 | -824 | $43.00 | $-35,432 | ||
Management checks
We assess QCR Holdings's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) QCR Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
QCRH News
Simply Wall St News
Read This Before You Buy QCR Holdings, Inc. (NASDAQ:QCRH) Because Of Its P/E Ratio
Check out our latest analysis for QCR Holdings How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for QCR Holdings: P/E of 11.17 = $33.39 ÷ $2.99 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good? … The higher the P/E ratio, the higher the price tag of a business, relative to its trailing earnings.
Simply Wall St - – Full articleHere's Why I Think QCR Holdings (NASDAQ:QCRH) Is An Interesting Stock
So if you're like me, you might be more interested in profitable, growing companies, like QCR Holdings (NASDAQ:QCRH). … One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. … QCR Holdings maintained stable EBIT margins over the last year, all while growing revenue 24% to US$171m.
Simply Wall St - – Full articleNeed To Know: QCR Holdings, Inc. (NASDAQ:QCRH) Insiders Have Been Buying Shares
We often see insiders buying up shares in companies that perform well over the long term. … So shareholders might well want to know whether insiders have been buying or selling shares in QCR Holdings, Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares.
Simply Wall St - – Full articleInvestors Who Bought QCR Holdings (NASDAQ:QCRH) Shares Five Years Ago Are Now Up 95%
(NASDAQ:QCRH) shareholders have enjoyed a 95% share price rise over the last half decade, well in excess of the market return of around 44% (not including dividends). … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, QCR Holdings achieved compound earnings per share (EPS) growth of 6.5% per year.
Simply Wall St - – Full articleWhat Kind Of Shareholder Owns Most QCR Holdings, Inc. (NASDAQ:QCRH) Stock?
Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … QCR Holdings is not a large company by global standards. … institutions own shares in the company
Simply Wall St - – Full articleIs QCR Holdings, Inc. (NASDAQ:QCRH) Excessively Paying Its CEO?
Doug Hultquist became the CEO of QCR Holdings, Inc. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Doug Hultquist's Compensation Compare With Similar Sized Companies?
Simply Wall St - – Full articleNeed To Know: QCR Holdings, Inc. (NASDAQ:QCRH) Insiders Have Been Buying Shares
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. … But insiders sold 3.83k shares worth US$171k
Simply Wall St - – Full articleAre You Considering All The Risks For QCR Holdings, Inc.’s (NASDAQ:QCRH)?
Its profit and value are directly impacted by its borrowers’ ability to pay which is driven by the level of economic growth. … This is because growth determines the stability of a borrower’s salary as well as the level of interest rates. … Since the level of risky assets held by the bank impacts the attractiveness of it as an investment, I will take you through three metrics that are insightful proxies for risk.
Simply Wall St - – Full articleHere's How P/E Ratios Can Help Us Understand QCR Holdings Inc (NASDAQ:QCRH)
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … How Do I Calculate A Price To Earnings Ratio … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleIs QCR Holdings Inc (NASDAQ:QCRH) Expensive For A Reason? A Look At The Intrinsic Value
This is because the rules banks face are different to other companies, which can impact the way we forecast their cash flows. … For example, banks are required to hold more capital to reduce the risk to depositors.
Simply Wall St - – Full articleQCRH Company Info
Description
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. The company also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies. Its loan portfolio comprises loans to small and mid-sized businesses; business loans, including lines of credit for working capital and operational purposes; term loans for the acquisition of facilities, equipment, and other purposes; commercial and residential real estate loans; and installment and other consumer loans, such as home improvement, home equity, motor vehicle, and signature loans, as well as small personal credit lines. In addition, the company engages in leasing machinery and equipment to commercial and industrial businesses under direct financing lease contracts; and issuing various trust preferred securities. It serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls, Des Moines/Ankeny, Rockford, and Springfield communities. The company was founded in 1993 and is headquartered in Moline, Illinois.
Details
| Name: | QCR Holdings, Inc. |
| QCRH | |
| Exchange: | NasdaqGM |
| Founded: | 1993 |
| $531,053,395 | |
| 15,758,261 | |
| Website: | http://www.qcrh.com |
| Address: |
QCR Holdings, Inc. 3551 7th Street, Moline, Illinois, 61265, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGM | QCRH | Common Stock | Nasdaq Global Market | US | USD | 06. Oct 1993 |
Number of employees
Current staff
Industry
| Regional Banks | |
| Banks |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/07/17 23:44 |
| End of day share price update: | 2019/07/17 00:00 |
| Last estimates confirmation: | 2019/07/09 |
| Last earnings filing: | 2019/05/09 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
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