QCR Holdings Q1 net income jumps 29% on deposit surge, lower expenses; buybacks accelerate

Filed May 8, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 9, 2025 · ~1 min read

Key Changes

• high

  Net income rose 29% year-over-year to $33.4M ($1.99 EPS) in Q1 2026, driven by 12% net interest income growth, strong deposit momentum, and lower provision expense, partially offset by seasonal swap fee decline.

  MD&A: Net Income and EPS verify on EDGAR →
• high

  Core deposits grew $409M (23% annualized) in Q1 2026, enabling $272M reduction in wholesale funding—faster deleveraging than prior year's $196M—as correspondent banking deposits jumped 35% to $1.3B.

  MD&A: Core Deposit Growth and Wholesale Funding verify on EDGAR →
• high

  Loan growth accelerated to 8% annualized (excluding m2 runoff) from 2.3% in Q1 2025, reversing prior-year payoff headwinds and reflecting stronger origination across LIHTC and traditional portfolios.

  MD&A: Loan and Lease Growth verify on EDGAR →