MOLINE, Ill. (AP) — MOLINE, Ill. (AP) — QCR Holdings Inc. (QCRH) on Wednesday reported third-quarter earnings of $36.7 million.
The bank, based in Moline, Illinois, said it had earnings of $2.16 per share. Earnings, adjusted for non-recurring costs, came to $2.17 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share.
The bank holding company posted revenue of $161.7 million in the period. Its revenue net of interest expense was $101.5 million, also exceeding Street forecasts.
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