# QCR Holdings, Inc. (QCRH)

> Source: Nexqual · https://nexqual.com/QCRH · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, QCR Holdings, Inc. (QCRH), nexqual.com/QCRH" · informational, not investment advice.

**Price:** USD 103.04 (+3.59% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 99.47 · day 99.27–103.14 · 52w 71.69–108.11 · market cap $1.69B · NGM

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $396M, net income $142M (35.8% margin) (SEC filings).
- Valuation: P/E 11.9x (avg 10.6x at the last 3 fiscal year-ends).
- 1 of 80 tracked superinvestors hold QCRH (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $125K; 3 not under a Rule 10b5-1 plan ($125K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $14K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 1.83 on a 1–5 scale) (6 analysts), mean target USD 112.4 (range 107–123).
- Total return with dividends: 1Y +40.3% vs S&P 500 +14.9%; 5Y +100.9% vs S&P 500 +80.3%.
- Next earnings: 2026-10-20, EPS estimate USD 2.33, revenue estimate $113M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $301M | $373M | $546M | $347M | $370M | $396M |
| Net income | $98.9M | $99.1M | $114M | $114M | $127M | $142M |
| EPS (diluted) | $6.20 | $5.87 | $6.73 | $6.71 | $7.49 | — |
| Free cash flow | $74.2M | $85.4M | $361M | $400M | $354M | $793M |
| Net margin | 32.9% | 26.5% | 20.8% | 32.8% | 34.4% | 35.8% |
| Revenue growth | -3.7% | +24.2% | +46.3% | -36.4% | +6.4% | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 11.9x · P/S 4.3x · P/FCF 2.1x · P/B 1.5x · FCF yield 46.98% · Earnings yield 8.42%
P/E at fiscal year-ends: Dec 2025 11.1x, Dec 2024 12.0x, Dec 2023 8.7x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold QCRH. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Mairs & Power | Mairs & Power Funds | 0.08% | $8.9M | Unchanged |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-09 | Ekizian Laura L | President & CEO, QCBT | 750 | $71K | 4.5% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-04-30 | Klein James D. | President, CRBT | 310 | $28K | 4.7% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2025-05-12 | Klein James D. | President, CRBT | 428 | $26K | 6.5% | No | Too little history (no open-market trades in 2022–2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
2 purchases, $14K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-02 | Reasner Amy L | Director | 60 | $5K | 90.25 | Too little history (no open-market trades in 2023–2025) |
| 2026-04-23 | Reasner Amy L | Director | 100 | $9K | 88.35 | Too little history (no open-market trades in 2023–2025) |

## Analysts
Consensus Buy (mean 1.83 on a 1–5 scale), 6 analysts; mean target USD 112.4 (low 107, high 123).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-18 | Stephens & Co. | Initiated | Equal-Weight | $107 |
| 2026-07-27 | Piper Sandler | Target raised | Overweight | $107 → $123 |
| 2026-07-27 | DA Davidson | Target raised | Neutral | $97 → $105 |
| 2026-07-24 | Keefe, Bruyette & Woods | Target raised | Outperform | $105 → $108 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +40.3% | +100.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +40.5% | +14.9% |
| Volatility (annualized) | 22.5% | 28.4% |
| Max drawdown | -15.3% (Feb 2026→Mar 2026) | -39.0% (Jan 2022→May 2023) |

## Peers (Banks - Regional)
BBD (Banco Bradesco Sa) USD 3.95 -2.47% · FITB (Fifth Third Bancorp) USD 53.23 +0.80% · DB (Deutsche Bank AG) USD 31.48 -2.39% · TFC (Truist Financial Corporation) USD 48.42 +1.45% · NWG (NatWest Group plc) USD 16.99 -2.30% · NU (Nu Holdings Ltd.) USD 14.73 -2.13%

## More
Full page: https://nexqual.com/QCRH · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Fiduciary & Trust | $4.3M | — | +26.1% |
| Deposit Account | $2.1M | — | -3.3% |
| Debit Card | $1.8M | — | +6.3% |
| Investment Advisory Management & Administrative Service | $1.6M | — | +23.7% |
| Correspondent Clearing | $747,000 | — | +6.9% |
| Total revenue | — | 100% | — |

## Company outlook (8-K filed 2026-10-20)

- "Gipple. ​ "With solid loan production trends and a strong pipeline heading into year-end, we are reaffirming our gross loan growth guidance of 10% to 15% annualized for the fourth quarter of 2026," added Mr."
- "Average earning assets declined $44.5 million, reflecting strategic LIHTC loan offtakes in the second quarter with strong third quarter loan and investment growth partially offsetting the reduction. ​ "Our NIM TEY 1 expanded 3 basis points from the second quarter of 2026, exceeding our guidance and driving solid net interest income growth."
- "We are reaffirming our guidance for $60 to $70 million of capital markets revenue over the next four quarters, including an expected $18 to $20 million in the fourth quarter," added Mr."
- "Anderson. ​ For the fourth quarter of 2026, the Company expects noninterest expense to remain well controlled, assuming capital markets revenue and loan growth are within the guidance ranges and reflecting continued investments in digital transformation initiatives."

Analysts expect $112.9M for the current quarter, +73.7% vs the guidance midpoint $65.0M. Source: https://www.sec.gov/Archives/edgar/data/906465/000110465926117409/qcrh-ex99d1.htm

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-12-31) | $2.33 | $2.30 | +1.0% | $112.9M | 4 |
| Next quarter (ends 2027-03-31) | $2.00 | $1.97 | +1.8% | $101.8M | 4 |
| Current fiscal year (ends 2026-12-31) | $8.70 | $8.45 | +3.0% | $429.0M | 4 |
| Next fiscal year (ends 2027-12-31) | $9.09 | $8.74 | +4.0% | $437.1M | 5 |