Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when QCRH files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsQCR Holdings reports Q2 2026 net income of $36.3M, up 28% YoY on strong LIHTC revenue
Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read
Key Changes
-
high
Net income of $36.3M and diluted EPS of $2.19, up 28% YoY, driven by robust LIHTC capital markets revenue, loan growth, and 310-bp efficiency ratio improvement to 54.6%.
Exhibit 99.1 view on EDGAR → -
high
LIHTC capital markets revenue surged to $16.7M, up 56% quarter-over-quarter and 69% YoY; management reaffirmed $60M-$70M guidance for the next four quarters.
Exhibit 99.1 view on EDGAR → -
medium
Total loans grew $216.9M (12% annualized) excluding LIHTC offtake and m2 runoff; traditional loan growth 7% annualized; management reaffirmed 10%-15% gross growth guidance for H2 2026.
Exhibit 99.1 view on EDGAR → -
medium
Criticized loans to total loans improved to 1.91%, lowest since Q4 2019; NPAs declined $3.4M to $39.5M (0.41% of assets); net charge-offs down $0.6M to $3.3M.
Exhibit 99.1 view on EDGAR → -
medium
Executed $443.6M in LIHTC loan offtake transactions (Freddie Mac securitization and construction loan sale), but Freddie deal incurred $1.3M loss on higher transaction costs under revised M-Series program.
Exhibit 99.1 view on EDGAR →
Summary
QCR Holdings delivered strong second quarter 2026 results, with net income of $36.3 million and diluted EPS of $2.19 representing 28% year-over-year growth. The performance was driven by a surge in LIHTC capital markets revenue to $16.7 million (up 69% YoY), reflecting robust demand for affordable housing financing and the strength of the company's specialized lending platform. Loan growth of 12% annualized (excluding offtake transactions and the planned m2 portfolio runoff) and a 310-basis-point improvement in the efficiency ratio to 54.6% underscore improving operating leverage.
Asset quality trends were notably positive, with criticized loans declining to 1.91% of total loans—the lowest level since late 2019—and nonperforming assets down to 0.41% of total assets. The company executed $443.6 million in LIHTC loan offtake transactions during the quarter, advancing its capital-light strategy, though the Freddie Mac securitization incurred a $1.3 million loss due to higher costs under the revised M-Series program. Management reaffirmed LIHTC capital markets revenue guidance of $60 million to $70 million over the next four quarters and gross loan growth guidance of 10% to 15% annualized for the second half of 2026, signaling confidence in the business momentum.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
QCR Holdings disclosed Q2 2026 financial results via press release.
Added in current filing · verify on EDGAR →
On July 22, 2026, QCR Holdings, Inc. (the “Company”) issued a press release disclosing financial results for the quarter ended June 30, 2026.
The company announced its second quarter 2026 financial results through a press release. The 8-K itself does not contain the actual financial figures — those are in the attached Exhibit 99.1 press release, which is not included in the provided text.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Net income of $36.3 million, or $2.19 diluted earnings per share (“EPS”), representing a 28% year-over-year increase in diluted EPS
QCR Holdings reported second quarter 2026 net income of $36.3 million and diluted EPS of $2.19, compared to $29.0 million and $1.71 in Q2 2025. The 28% year-over-year EPS growth was driven by strong capital markets revenue from low-income housing tax credit (LIHTC) production, robust loan growth, and improved operating leverage reflected in a 310-basis-point improvement in the efficiency ratio to 54.6%.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Jul 23, 2026 · How we verify