QCR Holdings (QCRH) Tops Q3 EPS by 8c
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QCR Holdings, Inc. Announces Record Earnings of $6.5 Million for the Third Quarter of 2015
October 20, 2015 4:00 PM EDTMOLINE, Ill., Oct. 20, 2015 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) today announced net income of $6.5 million and diluted earnings per share ("EPS") of $0.55 for the quarter ended September 30, 2015. By comparison, for the quarter ended June 30, 2015, the Company reported a net loss of $524 thousand and diluted EPS of ($0.05). During the second quarter, the Company successfully executed several planned initiatives aimed at improving the long-term profitability of the Company and strengthening its capital base. As a result, financial performance was greatly impacted by several previously announced nonrecurring income and expense items; most prominently the... More
