QCR Holdings, Inc. Announces a Cash Dividend of $0.06 Per Share
On November 5, 2020, QCR Holdings, Inc. (NASDAQ: QCRH) announced a cash dividend of $0.06 per share, payable on January 6, 2021, for stockholders of record as of December 18, 2020.
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 November 5, 2020, QCR Holdings, Inc. (NASDAQ: QCRH) announced a cash dividend of $0.06 per share, payable on January 6, 2021, for stockholders of record as of December 18, 2020. The company, based in Moline, Illinois, manages multi-bank operations across several communities, providing full-service banking and wealth management. As of September 30, 2020, QCR Holdings reported approximately $5.9 billion in assets, $4.2 billion in loans, and $4.7 billion in deposits.
Positive
- Declared cash dividend of $0.06 per share.
- Strong asset base of approximately $5.9 billion.
Negative
- None.
Details
News Market Reaction – QCRH
The recorded move for QCRH in the trading session of this news was +13.33%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MOLINE, Ill., Nov. 06, 2020 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) today announced that on November 5, 2020 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 engages in commercial leasing through its wholly-owned subsidiary, m2 Lease Funds, LLC, based in Milwaukee, Wisconsin, and also provides correspondent banking services. The Company has 24 locations in Iowa, Missouri, Wisconsin and Illinois. As of September 30, 2020, 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 | ||
FAQ
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