QCR HOLDINGS INC Earnings Per Share Disclosure
Note 18. Earnings per Share
The following information was used in the computation of basic and diluted EPS for the years ended December 31, 2025, 2024 and 2023:
2025 | | 2024 | | 2023 | |||||||
(dollars in thousands, except share data) | |||||||||||
Net income | $ | 127,194 | $ | 113,850 | $ | 113,558 | |||||
Basic EPS | $ | 7.54 | $ | 6.77 | $ | 6.79 | |||||
Diluted EPS | $ | 7.49 | $ | 6.71 | $ | 6.73 | |||||
Weighted average common shares outstanding |
| 16,876,457 |
| 16,829,004 |
| 16,732,406 | |||||
Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan |
| 97,214 |
| 130,849 |
| 133,985 | |||||
Weighted average common and common equivalent shares outstanding |
| 16,973,671 |
| 16,959,853 |
| 16,866,391 | |||||
* Excludes anti-dilutive restricted stock shares of 0, 0, and 1,762 at December 31, 2025, 2024 and 2023, respectively and anti-dilutive options
of 28,100, 0 and 47,164 at December 31, 2025, 2024 and 2023, respectively.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Feb 28, 2025 | |
| 2023 | Feb 29, 2024 | |
| 2022 | Mar 1, 2023 | |
| 2021 | Mar 11, 2022 | |
| 2020 | Mar 12, 2021 | |
| 2019 | Mar 13, 2020 | |
| 2018 | Mar 15, 2019 | |
| 2017 | Mar 12, 2018 | |
| 2016 | Mar 10, 2017 | |
| 2015 | Mar 11, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.