QCR Holdings, Inc. (NASDAQ: QCRH) is a multi-bank holding company that provides a variety of financial services, including commercial and consumer banking, trust and asset management, and leasing services. The company operates in several communities, such as the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield. QCR Holdings competes with other regional banks and financial service providers in these areas.
The consensus price target for QCR Holdings has remained stable at $83 over the past month and quarter, reflecting a consistent outlook from analysts. This stability suggests that analysts have maintained their short-term expectations for the company's stock performance. However, Raymond James has set a lower price target of $64, indicating a more cautious view on the stock's potential.
QCR Holdings recently reported its Q2 2025 earnings, achieving $1.73 per share, surpassing the Zacks Consensus Estimate of $1.63 per share. This performance matches the earnings from the same period last year. Despite this, analysts predict a decline in future earnings, which may have influenced Raymond James' lower price target of $64.
In Q1 2025, QCR Holdings reported earnings of $1.53 per share, slightly above the Zacks Consensus Estimate of $1.52 per share. However, this was a decrease from the $1.59 per share reported in the same quarter last year. The company's net income for the quarter was $25.8 million, with an adjusted net income of $26 million. Despite these results, Raymond James maintains a price target of $64.
QCR Holdings has shown positive developments, such as a 20% annualized growth in core deposits and a 14% increase in wealth management revenue. The company's tangible book value per share grew by $1.43, representing an 11% annualized increase. Despite these achievements, the stock's price target remains at $64, as set by Raymond James, reflecting cautious optimism about the company's future performance.
