NasdaqGM:QCRH

Stock Analysis Report

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Executive Summary

QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. More Details


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.5%

QCRH

-6.2%

US Banks

-0.8%

US Market


1 Year Return

-30.6%

QCRH

-31.3%

US Banks

13.8%

US Market

Return vs Industry: QCRH matched the US Banks industry which returned -31.3% over the past year.

Return vs Market: QCRH underperformed the US Market which returned 13.8% over the past year.


Shareholder returns

QCRHIndustryMarket
7 Day-2.5%-6.2%-0.8%
30 Day-14.0%-9.9%-5.7%
90 Day-15.5%-4.2%8.6%
1 Year-30.1%-30.6%-28.9%-31.3%16.4%13.8%
3 Year-41.9%-43.1%-22.5%-28.8%36.9%27.8%
5 Year26.8%23.1%14.9%0.8%85.0%64.2%

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?

32.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QCRH ($26.36) is trading below our estimate of fair value ($38.82)

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 (7.4x) compared to the US Banks industry average (9.3x).

PE vs Market: QCRH is good value based on its PE Ratio (7.4x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: QCRH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: QCRH's PB Ratio (0.7x) is in line with the US Banks industry average.


Next Steps

Future Growth

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

-5.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: QCRH's earnings are forecast to decline over the next 3 years (-5.5% per year).

Earnings vs Market: QCRH's earnings are forecast to decline over the next 3 years (-5.5% per year).

High Growth Earnings: QCRH's earnings are forecast to decline over the next 3 years.

Revenue vs Market: QCRH's revenue is expected to decline over the next 3 years (-1.1% per year).

High Growth Revenue: QCRH's revenue is forecast to decline over the next 3 years (-1.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if QCRH's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has QCR Holdings performed over the past 5 years?

25.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QCRH has high quality earnings.

Growing Profit Margin: QCRH's current net profit margins (27.2%) are higher than last year (25%).


Past Earnings Growth Analysis

Earnings Trend: QCRH's earnings have grown significantly by 25.4% per year over the past 5 years.

Accelerating Growth: QCRH's earnings growth over the past year (15.1%) is below its 5-year average (25.4% per year).

Earnings vs Industry: QCRH earnings growth over the past year (15.1%) exceeded the Banks industry -3%.


Return on Equity

High ROE: QCRH's Return on Equity (10.1%) is considered low.


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


Financial Institutions Analysis

Asset Level: QCRH's Assets to Equity ratio (10.1x) is moderate.

Allowance for Bad Loans: QCRH has a sufficient allowance for bad loans (464%).

Low Risk Liabilities: 86% 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 (73%).

Low Risk Deposits: QCRH's Loans to Deposits ratio (94%) is appropriate.

Level of Bad Loans: QCRH has an appropriate level of bad loans (0.3%).


Next Steps

Dividend

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

0.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: QCRH's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.72%).

High Dividend: QCRH's dividend (0.91%) is low compared to the top 25% of dividend payers in the US market (4.94%).


Stability and Growth of Payments

Stable Dividend: QCRH's dividends per share have been stable in the past 10 years.

Growing Dividend: QCRH's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.8%), QCRH's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

  • Explore strong dividend paying companies in the Banks industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Larry Helling (64 yo)

1.33yrs

Tenure

US$1,613,623

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 ($USD1.61M) is about average for companies of similar size in the US market ($USD2.02M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Larry Helling
CEO & Director1.33yrsUS$1.61m0.46%
$ 1.9m
Todd Gipple
President11.33yrsUS$1.34m0.32%
$ 1.3m
John Anderson
Executive VP & Chief Deposit Officerno dataUS$694.56k0.24%
$ 1.0m
Robert Fulp
Chief Executive Officer of SFC Bankno dataUS$606.15k0.18%
$ 756.9k
Dana Nichols
Executive VP & Chief Lending Officerno dataUS$426.10k0.13%
$ 554.3k
Michael Bauer
Co-Founderno dataUS$899.26kno data
M. Westlund
Chief Investment Officer & Executive VPno datano datano data
Nick Anderson
Senior VP & Chief Accounting Officer0.92yrno data0.0026%
$ 10.9k
Reba Winter
Executive VP & Chief Information Officer1.17yrsno datano data
Kim Garrett
VP of Corporate Communications & Investor Relations Managerno datano datano data
Peter Benson
Executive VP & Chief Legal Officerno datano datano data
Tonia Taylor
Senior VP & Director of Complianceno datano datano data

1.3yrs

Average Tenure

59yo

Average Age

Experienced Management: QCRH's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Larry Helling
CEO & Director1.33yrsUS$1.61m0.46%
$ 1.9m
Todd Gipple
President11.33yrsUS$1.34m0.32%
$ 1.3m
Michael Bauer
Co-Founderno dataUS$899.26kno data
Kurt Gibson
CEO, President & Director of Community State Bankno datano data0.023%
$ 97.4k
Patrick Baird
Independent Chairman of the Board4.33yrsUS$77.94k0.51%
$ 2.1m
John-Paul Besong
Independent Director5.33yrsUS$35.70k0.023%
$ 95.6k
Mark Kilmer
Independent Director16.67yrsUS$59.02k0.65%
$ 2.7m
Marie Ziegler
Independent Vice Chairman of the Boardno dataUS$75.49k0.29%
$ 1.2m
James Field
Independent Director1.08yrsUS$8.33k0.015%
$ 60.6k
Donna Sorensen
Independent Director11.33yrsUS$55.97k0.18%
$ 752.1k
Mary Bates
Independent Director2.33yrsUS$36.37k0.0070%
$ 29.2k
Timothy O'Reilly
Independent Director2.17yrsUS$47.27k0.47%
$ 1.9m

5.3yrs

Average Tenure

61.5yo

Average Age

Experienced Board: QCRH's board of directors are considered experienced (5.3 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$416.265m
  • Shares outstanding: 15.79m
  • Website: https://www.qcrh.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QCRHNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDOct 1993
3PEDB (Deutsche Boerse AG)YesCommon StockDEEUROct 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 se ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 04:27
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.