QCR Holdings Q1 Profit Rises

4/23/2012 7:11 PM ET

QCR Holdings Inc. (QCRH: Quote) posted first-quarter net income attributable to common stockholders of $2.3 million or $0.48 per share, compared to $1.1 million or $0.23 per share last year.

Net income attributable to the company was $3.2 million, up from $2.1 million in the previous year quarter.

The company's net interest income for the current quarter rose to $14.2 million from $12.2 million in the comparable quarter last year, while non-interest income was $3.96 million, compared to $5.06 million in the same quarter last year.

Click here to receive FREE breaking news email alerts for QCR Holdings Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 81 Articles Next>>

Editors Pick

Stocks Close Modestly Lower After Lackluster Trading Day - U.S. Commentary

After showing a lack of direction throughout much of the session, stocks ended Monday's trading modestly lower. The slightly lower close on the day partly offset the strength that was seen in the markets last week. The major averages ended the day below the unchanged line but off their lows for the session.

Obama To Deliver Speech On Counterterrorism Policies, Use Of Drones

President Barack Obama reportedly plans to deliver a much-anticipated speech on Thursday outlining his administration's evolving counterterrorism policies. Multiple news sources cited a White House official as saying that Obama will address the use of drones and plans to close the detention facility at Guantanamo Bay in a speech at the National Defense University.

Immigration Officers Union Expresses Opposition To Senate Bill

A second union representing immigration enforcement officers has expressed opposition to the Senate version of comprehensive immigration reform legislation, arguing that the bill fails to address the "insurmountable bureaucracy" at the agency that oversees lawful immigration to the U.S.