QCR (QCRH) investor relations material

Executive summary

• Record diluted EPS of $2.21; net income was $36.4 million, with results supported by margin expansion, robust loan growth, stronger capital markets revenue and improved asset quality.

• Adjusted ROAA was 1.52%; tangible book value per share rose 11% YoY as capital supported organic growth, repurchases and dividends.

• Strategic loan sales and securitizations supported fee generation and capital recycling; balance-sheet loans were $7.2 billion.

Financial highlights

• Net income was $36.4 million vs. $36.3 million in Q2 and $36.7 million in Q3 2025; diluted EPS was $2.21 vs. $2.19 and $2.16, respectively. Adjusted net income was $36 million.

• Net interest income was $68.7 million, up $0.8 million QoQ; noninterest income was $30.5 million vs. $29.4 million in Q2, including $16.9 million in capital markets revenue and $5.7 million in wealth revenue.

• Noninterest expense was $54.7 million vs. $53.2 million in Q2; YTD revenue growth of 9.3% exceeded expense growth of 4.8%.

• 9M 2026 net income was $106.1 million vs. $91.5 million in 9M 2025; diluted EPS was $6.39 vs. $5.38.

Outlook and guidance

• Q4 gross loan growth guidance reaffirmed at 10%–15% annualized; Q4 capital markets production expected at $18–$20 million, with revenue guidance of $60–$70 million over the next four quarters.

• Q4 NIM TEY expected to remain relatively static, assuming no additional Federal Reserve rate changes.

• Q4 noninterest expense guidance reaffirmed at $54–$57 million; effective tax rate expected at 8%–10%, assuming revenue mix tracks guidance.

• ~$165 million of fixed-rate loans expected to reprice from the low-6% range to the mid-6% range; new municipal bonds projected to yield 7.5%–8% tax-equivalent.

• Final core conversion is scheduled for April; operating leverage expected to build in the back half of 2027 and beyond.