QCR Holdings reports Q2 2026 net income of $36.3 million, diluted EPS of $2.19
QCR Holdings posted second-quarter 2026 net income of $36.3 million with diluted EPS of $2.19, up from $33.4 million and $1.99 in the first quarter. The company executed $443.6 million in LIHTC loan offtake transactions and reaffirmed 10–15% annualized gross loan growth guidance for the final two quarters; it lowered third-quarter noninterest expense guidance to $54–57 million.
- Net income of $36.3 million for the second quarter of 2026
- Diluted EPS of $2.19 for the second quarter of 2026
- Total loans grew $216.9 million, or 12% annualized, excluding LIHTC loan offtake transactions and m2 portfolio runoff
- Executed $443.6 million of LIHTC loan offtake transactions during the quarter
- Capital markets revenue of $16.7 million in Q2, a 56% linked-quarter increase and 69% year-over-year increase
- Wealth management revenue of $5.8 million, up 7% from Q1 2026
- Net interest income of $67.9 million, up $0.5 million from Q1 2026
- Nonperforming assets ratio improved to 0.41%, down 4 basis points from prior quarter
- Share repurchases of approximately $13.5 million during Q2 2026
- Lowered Q3 2026 noninterest expense guidance to $54–57 million
QCR's LIHTC offtake strategy is shifting the company toward capital-light lending, near-term NIM pressure offset by loan growth and capital markets revenue expansion; the expense guidance reduction reflects disciplined cost management supporting its 9/6/5 profitability model.
Derived from 8-K filed 2026-07-22. Not investment advice. Figures are extracted from the filing; prose is AI-assisted. View the source filing on SEC.gov →