QCR Holdings: Q2 Earnings Snapshot
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MOLINE, Ill. (AP) — MOLINE, Ill. (AP) — QCR Holdings Inc. (QCRH) on Wednesday reported second-quarter profit of $28.4 million.
The bank, based in Moline, Illinois, said it had earnings of $1.69 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.
The bank holding company posted revenue of $130.9 million in the period. Its revenue net of interest expense was $85.7 million, also surpassing Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QCRH at https://www.zacks.com/ap/QCRH