Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

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

Editors Pick
Red Hat Inc., the world's largest seller of Linux software, said Wednesday after the markets closed that its first quarter profit rose 8% from last year, as revenue increased 15% amid strong consumer demand. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue. After moving mostly higher over the course of the two previous sessions, stocks pulled back sharply during trading on Wednesday. A negative reaction to the Federal Reserve's monetary policy announcement weighed on the markets in afternoon trading. The major averages saw some volatility following the announcement from the Fed, closing firmly in the red. Providing a potential boost to comprehensive immigration reform, the non-partisan Congressional Budget Office has estimated that the immigration bill currently being debated in the Senate would result in a notable reduction to the federal budget deficit.
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.