QCR Holdings
Market Cap
US$670.2m
Last Updated
2020/02/24 00:46 UTC
Data Sources
Company Financials +
Executive Summary
QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Similar Companies
Share Price & News
How has QCR Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QCRH has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.2%
QCRH
-1.2%
US Banks
-1.1%
US Market
1 Year Return
16.5%
QCRH
9.8%
US Banks
17.8%
US Market
Return vs Industry: QCRH exceeded the US Banks industry which returned 9.8% over the past year.
Return vs Market: QCRH underperformed the US Market which returned 17.8% over the past year.
Shareholder returns
| QCRH | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | -1.2% | -1.1% |
| 30 Day | -2.8% | 0.4% | 1.5% |
| 90 Day | 1.4% | -0.8% | 6.6% |
| 1 Year | 17.2%16.5% | 13.0%9.8% | 20.2%17.8% |
| 3 Year | -2.6%-4.2% | 23.4%14.5% | 47.5%38.1% |
| 5 Year | 146.8%140.6% | 72.2%52.7% | 71.2%52.4% |
Price Volatility Vs. Market
How volatile is QCR Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Does QCR Holdings, Inc. (NASDAQ:QCRH) Have A High Beta?1 month ago | Simply Wall St
Is Now The Time To Look At Buying QCR Holdings, Inc. (NASDAQ:QCRH)?1 month ago | Simply Wall St
If You Had Bought QCR Holdings (NASDAQ:QCRH) Stock Five Years Ago, You Could Pocket A 135% Gain TodayValuation
Is QCR Holdings undervalued compared to its fair value and its price relative to the market?
39.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: QCRH ($42.34) is trading below our estimate of fair value ($69.45)
Significantly Below Fair Value: QCRH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: QCRH is good value based on its PE Ratio (11.6x) compared to the Banks industry average (12.6x).
PE vs Market: QCRH is good value based on its PE Ratio (11.6x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: QCRH is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: QCRH is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is QCR Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
4.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QCRH's forecast earnings growth (4.7% per year) is above the savings rate (1.7%).
Earnings vs Market: QCRH's earnings (4.7% per year) are forecast to grow slower than the US market (14.1% per year).
High Growth Earnings: QCRH's earnings are forecast to grow, but not significantly.
Revenue vs Market: QCRH's revenue (1.7% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: QCRH's revenue (1.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QCRH's Return on Equity is forecast to be low in 3 years time (10.2%).
Next Steps
Past Performance
How has QCR Holdings performed over the past 5 years?
27.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QCRH has high quality earnings.
Growing Profit Margin: QCRH's current net profit margins (25.3%) are higher than last year (25.2%).
Past Earnings Growth Analysis
Earnings Trend: QCRH's earnings have grown significantly by 27.6% per year over the past 5 years.
Accelerating Growth: QCRH's earnings growth over the past year (33.1%) exceeds its 5-year average (27.6% per year).
Earnings vs Industry: QCRH earnings growth over the past year (33.1%) exceeded the Banks industry 12%.
Return on Equity
High ROE: QCRH's Return on Equity (10.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is QCR Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: QCRH has a low level of unsold assets or inventory.
Debt Coverage by Assets: QCRH's debt is not covered by short term assets (assets are 0.9x debt).
Financial Institutions Analysis
Asset Level: QCRH's level of assets compared to its equity is low.
Allowance for Bad Loans: QCRH has a sufficient allowance for bad loans.
Low Risk Liabilities: QCRH's liabilities are made up of primarily low risk sources of funding.
Loan Level: QCRH has an acceptable proportion of non-loan assets held.
Low Risk Deposits: QCRH's loans are broadly funded by customer deposits.
Level of Bad Loans: QCRH has an appropriate level of bad loans (0.24%)
Next Steps
Dividend
What is QCR Holdings's current dividend yield, its reliability and sustainability?
0.57%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: QCRH's dividend (0.57%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: QCRH's dividend (0.57%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: QCRH is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: QCRH is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: QCRH is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QCRH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.7yrs
Average management tenure
CEO
Larry Helling (63yo)
0.8yrs
Tenure
US$664,932
Compensation
Mr. Larry J. Helling has been the Chief Executive Officer of QCR Holdings, Inc. since May 23, 2019. Mr. Helling served as Executive Vice President and Chief Lending Officer of QCR Holdings, Inc. until May ...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD664.93K) is below average for companies of similar size in the US market ($USD2.51M).
Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 0.8yrs | US$664.93k | 0.46% $3.1m | |
| President | 10.8yrs | US$801.67k | 0.32% $2.2m | |
| Executive VP & Chief Deposit Officer | 0yrs | US$463.01k | 0.25% $1.6m | |
| Chief Executive Officer of SFC Bank | 0yrs | US$670.52k | 0.18% $1.2m | |
| Co-Founder | 0yrs | US$899.26k | no data | |
| Chief Investment Officer & Executive VP | 0yrs | no data | no data | |
| Chief Accounting Officer | 0.3yrs | no data | no data | |
| Chief Information Officer | 0.6yrs | no data | no data | |
| EVP of Corporate Communications & Investor Relations and Corporate Secretary | 0yrs | no data | 0.068% $452.9k | |
| Executive VP & Chief Legal Officer | 0yrs | no data | no data |
0.7yrs
Average Tenure
55yo
Average Age
Experienced Management: QCRH's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 0.8yrs | US$664.93k | 0.46% $3.1m | |
| President | 10.8yrs | US$801.67k | 0.32% $2.2m | |
| Co-Founder | 0yrs | US$899.26k | no data | |
| CEO, President & Director of Community State Bank | 0yrs | no data | 0.023% $156.5k | |
| Independent Chairman of the Board | 3.8yrs | US$77.93k | 0.51% $3.4m | |
| Independent Director | 16.1yrs | US$56.52k | 0.65% $4.3m | |
| Independent Vice Chairman of the Board | 0yrs | US$75.48k | 0.28% $1.9m | |
| Independent Director | 6.8yrs | US$36.37k | 1.62% $10.8m | |
| Independent Director | 10.8yrs | US$55.97k | 0.22% $1.5m | |
| Independent Director | 5yrs | US$67.22k | 0.14% $951.8k |
10.8yrs
Average Tenure
61yo
Average Age
Experienced Board: QCRH's board of directors are seasoned and experienced ( 10.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: QCRH insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.5%.
Top Shareholders
Company Information
QCR Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: QCR Holdings, Inc.
- Ticker: QCRH
- Exchange: NasdaqGM
- Founded: 1993
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$670.162m
- Shares outstanding: 15.83m
- Website: https://www.snl.com/IRW/CorporateProfile/1024092
Number of Employees
Location
- QCR Holdings, Inc.
- 3551 7th Street
- Moline
- Illinois
- 61265
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| QCRH | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Oct 1993 |
Biography
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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/24 00:46 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.