QCR Holdings

-6.94%

QCR Holdings, Inc. (QCRH) is a multi-bank holding company that provides full-service commercial and consumer banking and trust and asset management services through its subsidiary banks, Quad City Bank and Trust Company (QCBT), Rockford Bank and Trust Company (RB&T), Cedar Rapids Bank and Trust Company (CRBT), and Community State Bank (CSB).
The company was founded in 1993 and is headquartered in Moline, Illinois. QCR Holdings has a strong presence in the Midwestern United States, with over 25 full-service banking locations in Illinois, Iowa, Wisconsin, and Missouri. As of September 30, 2020, the company had approximately $5.7 billion in assets.
QCRH is publicly traded on the NASDAQ stock exchange under the ticker symbol QCRH. The company’s mission is to be the premier provider of financial services in the markets it serves and to create long-term value for its shareholders, employees, and communities.
Products and services offered by QCR Holdings include personal and business checking and savings accounts, loans and credit lines, cash management services, wealth management and investment services, and trust and estate planning. QCR Holdings also offers specialized services for industries such as agriculture, healthcare, and real estate.
In addition to providing financial services, QCR Holdings is committed to supporting the communities it serves through charitable donations, volunteerism, and community involvement. The company also has a strong commitment to environmental sustainability, implementing several green initiatives in its operations.
Overall, QCR Holdings is a reputable and established financial services company with a strong presence in the Midwest and a commitment to providing excellent customer service and community support.

There are a few key aspects that make QCR Holdings stand out as a company.
1. Strong Financial Performance: QCR Holdings has consistently demonstrated strong financial performance, with steady revenue and earnings growth over the past several years. This stability and growth have allowed the company to stay competitive and make strategic investments for future growth.
2. Diversified Business Model: QCR Holdings operates in multiple sectors within the financial industry, including commercial banking, wealth management, and mortgage banking. This diversification helps mitigate risks and provides stability in the company’s revenue streams.
3. Community-Oriented Focus: QCR Holdings has a strong focus on community development and building relationships with customers. This approach has helped the company establish a strong presence in the communities it serves and build a loyal customer base.
4. Strong Leadership: The company’s leadership team has a deep understanding of the financial industry and an impressive track record of success. Their strategic vision and decision-making have played a significant role in QCR Holdings’ growth and success.
5. Commitment to Corporate Social Responsibility: QCR Holdings is committed to being a socially responsible company, with a focus on environmental sustainability, diversity and inclusion, and community involvement. This commitment helps shape the company’s values and culture, making it an attractive employer and partner for customers.

QCR Holdings is a financial holding company that operates through its subsidiaries to provide cost-effective, quality banking, trust, and wealth management services to the communities it serves. Its primary business model is centered around acquiring and managing community-oriented banks in desirable markets, offering custom-tailored banking solutions to local businesses, and delivering a high level of customer service. Its subsidiary banks operate under their own local brand names, allowing them to maintain their community presence and relationships while benefiting from the resources and support of the larger holding company. In addition to traditional banking services, QCR Holdings offers trust and wealth management services, including investment management, financial planning, and retirement planning. The holding company also generates revenue through lending services, primarily in the form of commercial, construction, and consumer loans. Its overall goal is to be a trusted partner to its customers, communities, and shareholders, while driving growth and profitability.

1. The company was founded in 1993 as a bank holding company for Quad City Bank and Trust in Bettendorf, Iowa.
2. QCR Holdings currently has 24 banking locations in Illinois, Iowa, and Wisconsin, and assets of over $5 billion.
3. In 2000, the company acquired Community Bank & Trust in Muscatine, Iowa, expanding its presence in Iowa.
4. In 2008, QCR Holdings expanded into Illinois with the acquisition of West Union Bank.
5. The company has a subsidiary, Rockford Bank and Trust, which was established in 2005 and has become one of the largest banks in Rockford, Illinois.
6. QCR Holdings was named one of Forbes’ Best Banks in America for five consecutive years (2013-2017).
7. The company is publicly traded on the Nasdaq under the ticker symbol QCRH.
8. QCR Holdings has been recognized as a top-performing community bank by S&P Global Market Intelligence and American Banker for several years.
9. The company’s mission is to create value for our shareholders, customers, employees and communities by being a high-performing, relationship-driven, customer-focused organization.
10. QCR Holdings has a strong commitment to its community, supporting various charitable organizations and events in the areas it serves. The company also encourages its employees to volunteer and give back to their communities.
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