QCR Holdings (QCRH) Reports Q3: Everything You Need To Know Ahead Of Earnings

Midwest regional bank QCR Holdings (NASDAQGM:QCRH) will be reporting earnings this Tuesday afternoon. Here’s what you need to know.

QCR Holdings beat analysts’ revenue expectations last quarter, reporting revenues of $106.8 million, up 13.5% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates and a narrow beat of analysts’ tangible book value per share estimates.

Is QCR Holdings a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting QCR Holdings’s revenue to decline 3.1% year on year, a reversal from the 15.4% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. QCR Holdings has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at QCR Holdings’s peers in the regional banks segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Independent Bank delivered year-on-year revenue growth of 7.4%, beating analysts’ expectations by 0.6%, and Regions Financial reported revenues up 2.6%, topping estimates by 0.6%. Independent Bank traded up 3.6% following the results.

Read our full analysis of Independent Bank’s results here and Regions Financial’s results here.

In the last year or so, investors have shifted their focus from one macro dynamic to the next (AI disintermediation and AI investment to geopolitical conflict, interest rates, and the health of the wider economy). While some of the regional banks stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.9% on average over the last month. QCR Holdings’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $110.50 (compared to the current share price of $99.43).

ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable.

These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.