QCR (QCRH) investor relations material

Executive summary

• Net income for Q1 2026 reached $33.4 million, a record first quarter, with diluted EPS of $1.99, up 31% year-over-year and ROAA of 1.40%.

• Midwest-based bank holding company with $9.6B in assets and $7.0B in wealth management AUM as of 3/31/26.

• Profitability driven by strong loan and core deposit growth, lower noninterest expense, and modest margin expansion.

• Tangible book value per share increased by $1.33 to over $59, a 9% annualized increase, with $20.8 million returned to shareholders via share repurchases.

• Consistent top-tier financial performance, outperforming peers in ROAA, EPS, and tangible book value growth.

Financial highlights

• Net interest income was $67.4 million, up 12% year-over-year, with NIM at 3.17% and NIM TEY at 3.58%.

• Noninterest income totaled $23 million, including $10.7 million from capital markets and $5 million from wealth management.

• Noninterest expense dropped 17% sequentially to $52.1 million, resulting in an efficiency ratio of 57.7%.

• Tangible book value per share reached $59.18, up from $57.86 sequentially.

• Total assets reached $9.6 billion, with net loans/leases at $7.3 billion and deposits at $7.8 billion as of 3/31/26.

Outlook and guidance

• Gross loan growth guidance reaffirmed at 10%-15% annualized for the remainder of 2026.

• Capital markets revenue guidance raised to $60–$70 million over the next four quarters.

• Second quarter NIM TEY expected to be static or increase up to 3 basis points, assuming no Fed rate changes.

• Noninterest expense for Q2 2026 expected between $55 million and $58 million.

• Strategic targets include 9% annual loan/lease growth, 6% annual fee income growth, and limiting operating expense growth to 5% per year.