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Market Cap

US$801.2m

Last Updated

2021/09/18 22:03 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. More Details

Rewards

Trading at 56% below our estimate of its fair value

Earnings have grown 19.9% per year over the past 5 years

Risk Analysis

No risks detected for QCRH from our risk checks.


Snowflake Analysis

Flawless balance sheet and good value.


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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: QCRH's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

1.3%

QCRH

0.9%

US Banks

-0.6%

US Market


1 Year Return

77.4%

QCRH

63.3%

US Banks

33.8%

US Market

Return vs Industry: QCRH exceeded the US Banks industry which returned 63.3% over the past year.

Return vs Market: QCRH exceeded the US Market which returned 33.8% over the past year.


Shareholder returns

QCRHIndustryMarket
7 Day1.3%0.9%-0.6%
30 Day5.0%1.3%2.0%
90 Day9.8%4.6%4.7%
1 Year78.3%77.4%67.7%63.3%35.8%33.8%
3 Year21.4%19.0%21.9%11.4%60.0%50.1%
5 Year64.0%59.2%94.7%70.1%123.0%98.7%

Long-Term 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

Valuation

Is QCR Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QCRH ($50.81) is trading below our estimate of fair value ($115.48)

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 (10.6x) compared to the US Banks industry average (10.8x).

PE vs Market: QCRH is good value based on its PE Ratio (10.6x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: QCRH is poor value based on its PEG Ratio (6.9x)


Price to Book Ratio

PB vs Industry: QCRH is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).


Future Growth

How is QCR Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

1.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QCRH's forecast earnings growth (1.5% per year) is below the savings rate (2%).

Earnings vs Market: QCRH's earnings (1.5% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: QCRH's earnings are forecast to grow, but not significantly.

Revenue vs Market: QCRH's revenue (4.5% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: QCRH's revenue (4.5% 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 (12%).


Past Performance

How has QCR Holdings performed over the past 5 years?

19.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QCRH has high quality earnings.

Growing Profit Margin: QCRH's current net profit margins (30.1%) are higher than last year (25.7%).


Past Earnings Growth Analysis

Earnings Trend: QCRH's earnings have grown by 19.9% per year over the past 5 years.

Accelerating Growth: QCRH's earnings growth over the past year (35.7%) exceeds its 5-year average (19.9% per year).

Earnings vs Industry: QCRH earnings growth over the past year (35.7%) underperformed the Banks industry 36%.


Return on Equity

High ROE: QCRH's Return on Equity (12%) is considered low.


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


Financial Institutions Analysis

Asset Level: QCRH's Assets to Equity ratio (9.2x) is low.

Allowance for Bad Loans: QCRH has a sufficient allowance for bad loans (952%).

Low Risk Liabilities: 91% of QCRH's liabilities are made up of primarily low risk sources of funding.

Loan Level: QCRH has an appropriate level of Loans to Assets ratio (75%).

Low Risk Deposits: QCRH's Loans to Deposits ratio (92%) is appropriate.

Level of Bad Loans: QCRH has an appropriate level of bad loans (0.2%).


Dividend

What is QCR Holdings's current dividend yield, its reliability and sustainability?

0.47%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: QCRH's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: QCRH's dividend (0.47%) is low compared to the top 25% of dividend payers in the US market (3.6%).


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?

2.3yrs

Average management tenure


CEO

Larry Helling (65 yo)

2.33yrs

Tenure

US$2,032,092

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 ($USD2.03M) is about average for companies of similar size in the US market ($USD2.33M).

Compensation vs Earnings: Larry's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: QCRH's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: QCRH's board of directors are considered experienced (8.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


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$801.231m
  • Shares outstanding: 15.77m
  • Website: https://qcrh.q4ir.com

Number of Employees


Location

  • QCR Holdings, Inc.
  • 3551 7th Street
  • Moline
  • Illinois
  • 61265
  • United States

Listings


Biography

QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. Its deposit products include noninterest-bearing demand, interest-bearin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:03
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.