MOLINE, Ill. (AP) — MOLINE, Ill. (AP) — QCR Holdings Inc. (QCRH) on Wednesday reported third-quarter earnings of $27.8 million.
The bank, based in Moline, Illinois, said it had earnings of $1.64 per share. Earnings, adjusted for restructuring costs and non-recurring costs, were $1.78 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.
The bank holding company posted revenue of $152.6 million in the period. Its revenue net of interest expense was $86.9 million, also beating Street forecasts.
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