QCR Hldgs Q2 2026 Earnings Call Transcript

On Thursday, QCR Hldgs (NASDAQ: QCRH ) discussed second-quarter financial results during its earnings call.

The full transcript is provided below.

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View the webcast at Summary QCR Holdings reported strong second-quarter net income and record quarterly GAAP earnings per share, driven by robust loan production, higher net interest income, and disciplined expense management.

The LIHTC lending business continues to perform well, with plans to explore alternative loan sale structures to free up regulatory capital and improve transaction economics.

The company reaffirmed guidance for 10%-15% annualized loan growth and $60-$70 million in capital markets revenue over the next four quarters.

Expenses were managed effectively, with a slight increase in noninterest expense, while the efficiency ratio improved to 54.6%.

Management highlighted digital transformation as a strategic priority, expecting cost savings and improved operational efficiency post-core conversions.

QCR Holdings has repurchased 4% of outstanding shares and plans to continue opportunistic buybacks, supported by strong capital and share repurchase program.

The company maintains strong asset quality, with improvements in nonperforming assets and criticized loan ratios, and plans to stay under the $10 billion asset threshold until 2027.

Full Transcript OPERATOR Good morning and thank you for joining us today for QCR Hldgs' second quarter 2026 earnings conference call.

Following the close of the market yesterday, the Company issued its earnings press release for the second quarter.

If anyone joining us today has not yet received a copy, it is available on the Company's website at With us today from management are Todd Gipple, President and CEO, and Nick Anderson, CFO.

Management will provide a summary of the financial results and then we will open the call to questions from analysts.

Before we begin, I would like to remind everyone that some of the information management will be providing today falls under the guidelines of forward-looking statements as defined by the Securities and Exchange Commission.

As part of these guidelines, any statements made during this call concerning the Company's hopes, beliefs, expectations and predictions of the future are forward-looking statements and actual results could differ materially from those projected.

Additional information on these factors is included in the Company's SEC filings, which are available on the Company's website.

Additionally, management may refer to non-GAAP measures which are intended to supplement but not substitute for the most directly comparable GAAP measures.

The press release available on the website contains the financial and other quantitative information to be discussed today as well as the reconciliation of GAAP to non-GAAP measures.

As a reminder, this conference call is being recorded and will be available for replay through July 30, 2026, starting this afternoon, approximately one hour after the completion of this call.

It will also be accessible on the Company's website.

I'd like to turn the floor over to Mr.

Todd Gipple at QCR Hldgs.

Todd Gipple, President & CFO Good morning everyone.

Thank you for joining our call today.

I'd like to start with the highlights of our second quarter performance and some thoughts about our business and then Nick will walk us through the financial results in more detail.

We are pleased to report strong second quarter net income and record quarterly GAAP earnings per share, reflecting the continued strength of our diversified business model and the consistent execution of our strategy.

Adjusted earnings per share was also near record levels exceeded only by the fourth quarter of 2025.

Performance in the quarter was supported by robust loan production, a rebound in capital markets revenue, higher net interest income, continued strong momentum in wealth management and disciplined expense management.

We also continued to strengthen our excellent asset quality, generated meaningful growth in tangible book value per share and returned capital to shareholders through opportunistic share repurchases.

Return on average assets was a strong 1.51% and earnings per share increased 28% from the prior year quarter, reinforcing the earnings power, durability and scalability of our diversified platform over the past four quarters.

Our strong financial performance has increased tangible book value per share by $8 or 15% since June 30th of last year while we returned approximately 56 million of capital to shareholders through share repurchases.

These results demonstrate our ability to generate attractive returns, meaningfully compound tangible book value and deploy capital in a disciplined manner to support long term shareholder value creation.

Our traditional banking business continues to deliver healthy organic loan and deposit growth reflecting strong commercial and industrial activity across our markets.

Our multi charter structure that results in very high levels of responsiveness and creates strong client relationships enables us to consistently take market share from our competitors.