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QCR Holdings: Q1 Earnings Snapshot

MOLINE, Ill. (AP) — MOLINE, Ill. (AP) — QCR Holdings Inc. (QCRH) on Wednesday reported first-quarter profit of $33.4 million.

The bank, based in Moline, Illinois, said it had earnings of $1.99 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.78 per share.

The bank holding company posted revenue of $143 million in the period. Its revenue net of interest expense was $90.4 million, falling short of Street forecasts.

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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/QCRH

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