logo
Share SHARE
FONT-SIZE Plus   Neg

QCR Holdings Q1 Profit Rises

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Hartford Financial reported a decline in first-quarter profit, despite growth in premiums, due mainly to the absence of gains recorded last year. Apple Inc. said Monday after the markets closed that its second quarter profit rose 33% from last year, driven by strong sales of iPhone and Mac as well as all-time record performance of the App Store. The company's quarterly earnings per share also breezed past Wall Street expectations as did its quarterly sales. C.H. Robinson Worldwide Inc. (CHRW), one of the largest transportation logistics firm in North America, Monday reported an increase in first-quarter profit, driven largely by a 5 percent revenue growth. However, earnings for the quarter fell short of Wall Street estimates by a penny, as did revenues. Eden...
comments powered by Disqus
Follow RTT