QCR Holdings, Inc. Announces a Cash Dividend of $0.06 Per Share
On February 17, 2022, QCR Holdings, Inc. (NASDAQ: QCRH) declared a cash dividend of $0.06 per share, payable on April 6, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
On February 17, 2022, QCR Holdings, Inc. (NASDAQ: QCRH) declared a cash dividend of $0.06 per share, payable on April 6, 2022. This dividend will be distributed to shareholders on record by March 18, 2022. As of December 31, 2021, QCR Holdings reported approximately $6.1 billion in assets, $4.7 billion in loans, and $4.9 billion in deposits across its multi-bank operations in the Midwest.
Positive
- QCR Holdings declared a cash dividend of $0.06 per share, signaling a commitment to returning value to shareholders.
- Strong financial position with approximately $6.1 billion in assets, which supports dividend sustainability.
Negative
- None.
Details
News Market Reaction – QCRH
The recorded move for QCRH in the trading session of this news was +0.53%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MOLINE, Ill., Feb. 18, 2022 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) today announced that on February 17, 2022 the Company’s board of directors declared a cash dividend of
About Us
QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny and Springfield communities through its wholly-owned subsidiary banks. The banks provide full-service commercial and consumer banking and trust and wealth management services. Quad City Bank & Trust Company, based in Bettendorf, Iowa, commenced operations in 1994, Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, commenced operations in 2001, Community State Bank, based in Ankeny, Iowa, was acquired by the Company in 2016, and Springfield First Community Bank, based in Springfield, Missouri, was acquired by the Company in 2018. Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company. Quad City Bank & Trust Company offers equipment loans and leases to businesses through its wholly-owned subsidiary, m2 Equipment Finance, LLC, based in Milwaukee, Wisconsin, and also provides correspondent banking services. The Company has 24 locations in Iowa, Missouri, Wisconsin and Illinois. As of December 31, 2021, the Company had approximately
| Contacts: | |
| Todd A. Gipple | Kim K. Garrett |
| President | Vice President, Corporate Communications |
| Chief Operating Officer | Investor Relations Manager |
| Chief Financial Officer | (319) 743-7006 |
| (309) 743-7745 | kgarrett@qcrh.com |
| tgipple@qcrh.com |
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