QCR Holdings, Inc. Announces Net Income of $36.4 million for the Third Quarter of 2026

Todd Gipple, President and Chief Executive Officer of QCR Holdings, Inc.

“We delivered record EPS this quarter with net income of $36.4 million, supported by margin expansion, robust loan growth, increased capital markets revenue, solid wealth management revenue, and further improvement in asset quality to the strongest level in several years.”

Todd Gipple, President and Chief Executive Officer of QCR Holdings, Inc.

“Together, our results underscore the strength of our diversified business model, continued momentum in both low-income housing tax credit (“LIHTC”) and traditional lending, and disciplined execution across our franchise.”

Todd Gipple, President and Chief Executive Officer of QCR Holdings, Inc.

“Over the past 12 months, we have strategically sold and securitized loans to recycle capital, support additional LIHTC originations, and generate attractive fee income without requiring corresponding balance sheet growth. By recycling this capital into new originations, we generated $67.5 million of capital markets revenue while increasing net interest income by $24.3 million or 10% compared to the preceding 12-month period. This demonstrates our ability to grow both net interest income and capital markets revenue while operating with a smaller balance sheet and deploying capital more efficiently,”

Todd Gipple, President and Chief Executive Officer of QCR Holdings, Inc.

“With solid loan production trends and a strong pipeline heading into year-end, we are reaffirming our gross loan growth guidance of 10% to 15% annualized for the fourth quarter of 2026,”

Nick Anderson, Chief Financial Officer of QCR Holdings, Inc.

“Our NIM TEY(1) expanded 3 basis points from the second quarter of 2026, exceeding our guidance and driving solid net interest income growth. We expect the Federal Reserve’s September rate increase to be slightly accretive to NIM in the near-term, as variable-rate assets and new loan and investment growth reprice faster than deposits. The resulting benefit will hinge on our deposit repricing, customer behavior, and the shape of the yield curve. We remain focused on maintaining deposit pricing discipline and managing funding costs carefully,”

Nick Anderson, Chief Financial Officer of QCR Holdings, Inc.

“Looking ahead, we will continue to balance disciplined deposit pricing with the need to retain and grow core relationships. While our historical lag in deposit repricing should allow us to retain some near-term benefit from higher rates, continued competition for deposits and changes in our funding mix are expected to largely offset that benefit. Accordingly, assuming no additional Federal Reserve rate changes, we are guiding to a relatively static fourth quarter NIM TEY(1),”

Todd Gipple, President and Chief Executive Officer of QCR Holdings, Inc.

“Our wealth management business continues to deliver strong results, reflecting sustained new relationship growth and consistent growth in annual revenue,”

Todd Gipple, President and Chief Executive Officer of QCR Holdings, Inc.

“Capital markets revenue remained strong, reflecting sustained demand for affordable housing, the strength of our LIHTC team, and longstanding developer relationships. While several transactions expected to close in the third quarter shifted into the fourth quarter, this business continues to demonstrate consistent performance over time. We are reaffirming our guidance for $60 to $70 million of capital markets revenue over the next four quarters, including an expected $18 to $20 million in the fourth quarter,”

Nick Anderson, Chief Financial Officer of QCR Holdings, Inc.

“Expenses were near the lower end of our guidance range while we continued to invest in digital transformation and growth initiatives,”

Nick Anderson, Chief Financial Officer of QCR Holdings, Inc.

“Our efficiency ratio(1) remained strong at 55.2%, reflecting our continued focus on operating leverage. Year-to-date, revenue has increased 9.3%, compared with expense growth of 4.8%, demonstrating continued operating leverage. Expenses remain well controlled, highlighting our disciplined execution of our 9/6/5 strategic model, which targets annual noninterest expense growth below 5%,”

Nick Anderson, Chief Financial Officer of QCR Holdings, Inc.

“We remain focused on optimizing our deposit mix and continued growth in relationship-based core deposits across our markets,”

Nick Anderson, Chief Financial Officer of QCR Holdings, Inc.

“We also achieved our fourth consecutive quarter of noninterest-bearing deposit growth, demonstrating continued progress on this key strategic priority. While we experienced some outflows of correspondent deposit balances during the quarter largely due to timing, those deposits have since returned to our balance sheet along with additional deposit growth shortly after the quarter ended,”