QCR Holdings: Q3 Earnings Snapshot
MOLINE, Ill. (AP) — MOLINE, Ill. (AP) — QCR Holdings Inc. (QCRH) on Wednesday reported third-quarter net income of $25.1 million.
The bank, based in Moline, Illinois, said it had earnings of $1.49 per share. Earnings, adjusted for non-recurring costs, came to $1.51 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share.
The bank holding company posted revenue of $135.2 million in the period. Its revenue net of interest expense was $81.8 million, also exceeding Street forecasts.
_____
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
