QCR Holdings (QCRH) AI Stock Analysis

• Market Cap: $1.37B
• Dividend Yield: 0.28%
• Average Volume (3M): 106.17K
• Price to Earnings (P/E): 11.0
• Beta (1Y): 0.87
• Revenue Growth: -2.42%
• EPS Growth: 3.83%
• Country: US
• Employees: 972
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 2.21
• Shares Outstanding: 16,730,722
• 10 Day Avg. Volume: 124,224
• 30 Day Avg. Volume: 106,167
• PEG Ratio: 0.96
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 2.34
• P/FCF Ratio: 21.14
• Enterprise Value/Market Cap: 1.40
• Enterprise Value/Revenue: 3.22
• Enterprise Value/Gross Profit: 5.58
• Enterprise Value/Ebitda: 13.26
• 1Y Price Target: $105.00
• Price Target Upside: 28.21% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 8.09
• Revenue Forecast (FY): $442.91M

• Rating: 65 Neutral
• Price Target: $93.00 ▲(13.55% Upside)
• Action: Downgraded Date: 02/28/26
• Date: Action: Downgraded 02/28/26

The score is anchored by solid fundamentals but weighed down by sharp 2025 cash flow volatility and slowing recent revenue growth. The latest earnings call was notably constructive (record earnings, improving NIM, strong growth/asset quality), while technicals are mixed with weak near-term momentum. Valuation is supportive with a modest P/E, though the dividend yield is low.

Positive Factors

Net Interest Margin Expansion

Sustained NIM expansion across seven quarters demonstrates durable improvement in core banking profitability. Rising margin provides a recurring lift to net interest income, supporting organic earnings growth even as loan balances grow, and cushions returns versus peers in a normalized rate environment.

Strengthened Capital and Lower Leverage

Meaningful de-leveraging and equity growth have materially improved balance-sheet resilience. Strong capital ratios cited (CET1 ~10.52%, tangible common equity metrics) bolster regulatory flexibility, support lending growth plans, and reduce tail risk from funding stress during regional bank cycles.

Diversified Fee and Capital-Markets Revenue

Growing capital markets, LIHTC activity and wealth management AUM diversify revenue beyond net interest income. These higher‑margin, fee-based streams improve revenue mix, reduce earnings cyclicality, and create scalable cross-sell opportunities that support durable shareholder returns.

Negative Factors

Cash Flow Volatility

A sharp drop and volatility in free cash flow undermines confidence in internal funding for growth, buybacks and dividends. This reduces financial flexibility for strategic investments and makes capital allocation more dependent on external funding or slower organic reinvestment.

Slowing Revenue Growth & Margin Pressure

Top-line momentum has materially decelerated and margins are compressed versus earlier peaks. Slower revenue and flattening margin trends make sustaining EPS growth harder absent continued NIM gains or successful cost discipline, limiting upside from core banking activities.

Funding Mix & Near-Term Expense Increase

Low noninterest-bearing deposit share and planned higher noninterest expense (digital, salaries, occupancy) weigh on long-term funding efficiency and operating leverage. Gradual improvement in deposit mix and delayed efficiency gains extend the timeline to materially lower the efficiency ratio.

QCR Holdings Business Overview & Revenue Model

Company Description

QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. Its deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. The company also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies. Its loan portfolio comprises loans to small and mid-sized businesses; business loans, including lines of credit for working capital and operational purposes; term loans for the acquisition of facilities, equipment, and other purposes; commercial and residential real estate loans; and installment and other consumer loans, such as home improvement, home equity, motor vehicle, and signature loans, as well as small personal credit lines. In addition, the company engages in leasing of machinery and equipment to commercial and industrial businesses under direct financing lease contracts; and issuance of trust preferred securities. It serves the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield communities. The company was founded in 1993 and is headquartered in Moline, Illinois.

How the Company Makes Money

QCR Holdings generates revenue primarily through interest income from loans and investments, as well as non-interest income from service fees and other banking activities. The company's key revenue streams include interest earned on commercial and consumer loans, mortgage origination fees, and revenues from wealth management services. Additionally, QCRH benefits from its strategic partnerships with local businesses and community organizations, which enhance its customer base and generate referral business. The bank's focus on community engagement and personalized service helps to retain customers and drive growth in deposits and loans, contributing to its overall earnings.

QCR Holdings Financial Statement Overview

Summary

Income statement trends are solid but cooling (revenue growth slowed materially in 2024–2025) and margins are below prior peaks despite still-healthy profitability. Balance sheet risk is improving with meaningfully lower leverage and steady ROE, but absolute debt remains sizable. The main drag is cash flow quality: operating/free cash flow was highly volatile and dropped sharply in 2025 versus very strong 2023–2024.

Income Statement

Revenue has grown solidly over the cycle (from $306.6M in 2020 to $596.7M in 2025), but momentum has cooled in the last two years (2024: ~0.1% growth; 2025: ~2.9%). Profitability remains healthy with a 2025 net margin of ~21% and EBIT margin of ~23%, though both are below earlier peaks (2021–2022 margins were materially higher). Overall, earnings are consistent and improving in dollars, but margin compression and slower recent top-line growth temper the outlook.

Balance Sheet

The balance sheet shows improving leverage: debt-to-equity has come down meaningfully from ~1.07 (2022) to ~0.56 (2025), alongside steady equity growth ($677M in 2021 to $1.11B in 2025). Returns on equity are stable around ~11–13% (2025: ~11.4%), indicating decent profitability for a regional bank. The key weakness is that absolute debt remains sizable ($618M in 2025) and leverage was notably higher earlier in the period, which highlights some historical balance-sheet risk even though trends are improving.

Cash Flow

Cash generation has become far less consistent. Operating cash flow and free cash flow fell sharply in 2025 to ~$55.7M (free cash flow growth ~-73% vs. 2024), after very strong cash flow in 2023–2024 ($361M–$400M free cash flow). Over the full period, free cash flow generally tracked net income well, but the large year-to-year volatility—especially the 2025 drop—reduces confidence in cash flow stability and quality.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	596.75M	587.77M	535.62M	365.61M	293.76M
Gross Profit	344.46M	320.61M	326.68M	295.88M	268.36M
EBITDA	135.90M	133.81M	138.28M	124.06M	128.86M
Net Income	127.19M	113.85M	113.56M	99.07M	98.91M
Balance Sheet
Total Assets	9.58B	9.03B	8.54B	7.95B	6.10B
Cash, Cash Equivalents and Short-Term Investments	183.50M	516.28M	501.70M	468.04M	450.61M
Total Debt	617.87M	567.73M	716.79M	825.89M	170.81M
Total Liabilities	8.46B	8.03B	7.65B	7.18B	5.42B
Stockholders Equity	1.11B	997.39M	886.60M	772.72M	677.01M
Cash Flow
Free Cash Flow	66.02M	400.05M	361.38M	85.44M	74.24M
Operating Cash Flow	133.45M	444.54M	376.32M	118.70M	88.22M
Investing Cash Flow	-12.67M	-845.23M	-749.27M	-634.69M	-411.77M
Financing Cash Flow	-24.56M	395.30M	410.35M	538.23M	299.71M

QCR Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 81.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QCRH, the sentiment is Negative. The current price of 81.9 is below the 20-day moving average (MA) of 87.69, below the 50-day MA of 87.94, and above the 200-day MA of 78.43, indicating a neutral trend. The MACD of -1.95 indicates Positive momentum. The RSI at 33.17 is Neutral, neither overbought nor oversold. The STOCH value of 23.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QCRH.

QCR Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DCOM	70 Outperform	$1.40B	10.17	4.23%	3.14%	-1.79%	-23.87%
RBCAA	69 Neutral	$1.19B	10.37	12.35%	2.57%	5.21%	24.51%
BY	69 Neutral	$1.39B	9.46	10.78%	1.34%	1.31%	2.02%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
HOPE	66 Neutral	$1.38B	10.24	2.62%	4.97%	-7.96%	-52.79%
QCRH	65 Neutral	$1.37B	10.97	11.80%	0.28%	-2.42%	3.83%
CNOB	64 Neutral	$1.28B	8.36	5.49%	2.68%	15.55%	-28.10%

QCR Holdings Corporate Events

QCR Holdings Boosts Quarterly Dividend, Signals Ongoing Confidence

On February 18, 2026, QCR Holdings, Inc. declared a quarterly cash dividend of $0.10 per share, payable on April 3, 2026, to stockholders of record as of March 19, 2026. Announced publicly on February 19, 2026, the move represents a substantial increase from the prior $0.06 dividend, signaling strong recent financial performance and a disciplined capital management strategy.

The higher payout underscores the board’s confidence in QCR Holdings’ long-term outlook and the resilience of its multi-bank business model across its Midwestern markets. For shareholders, the step-up in the dividend highlights an enhanced focus on returning capital and delivering consistent value, reinforcing the company’s positioning as a stable, growth-oriented regional banking franchise.

The most recent analyst rating on (QCRH) stock is a Buy with a $108.00 price target. To see the full list of analyst forecasts on QCR Holdings stock, see the QCRH Stock Forecast page.

QCR Holdings Releases Updated Investor Presentation Highlighting Performance

On January 27, 2026, QCR Holdings, Inc. reported that it had posted its latest investor presentation, dated December 2025, to its website, providing shareholders and analysts with updated information on its financial performance and strategic positioning. The materials highlight the company’s track record of strong adjusted returns on average assets over the past five years, above-peer growth in tangible book value and earnings per share, and a revenue mix in which roughly 30% has come from noninterest income, underscoring QCR’s efforts to differentiate itself as a top-performing regional banking platform and to sustain long-term shareholder value in a competitive financial services landscape.

The most recent analyst rating on (QCRH) stock is a Buy with a $98.00 price target. To see the full list of analyst forecasts on QCR Holdings stock, see the QCRH Stock Forecast page.