QCR Holdings (NASDAQ: QCRH) re-elects directors and declares $0.10 dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
QCR Holdings, Inc. reported results of its annual stockholder meeting and announced a new cash dividend. Four Class III directors — James M. Field, John F. Griesemer, Elizabeth S. Jacobs, and Marie Z. Ziegler — were re‑elected to three‑year terms.
Stockholders approved, on an advisory basis, the compensation of certain executive officers and ratified RSM US LLP as independent registered public accounting firm for the year ending December 31, 2026. Separately, the board declared a cash dividend of $0.10 per share, payable on July 3, 2026 to stockholders of record on June 18, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.07, 8.01, 9.01
3 items
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Shares outstanding: 16,743,302 shares
Shares represented: 14,654,430 shares
Cash dividend: $0.10 per share
+5 more
8 metrics
Shares outstanding
16,743,302 shares
Common stock issued and outstanding as of record date for annual meeting
Shares represented
14,654,430 shares
Represented in person or by proxy at annual meeting (87.52% of outstanding)
Cash dividend
$0.10 per share
Dividend on common stock payable July 3, 2026 to holders of record June 18, 2026
Say-on-pay votes for
11,770,480 shares
Advisory approval of compensation of certain executive officers
Auditor ratification votes for
14,451,766 shares
Ratification of RSM US LLP as independent registered public accounting firm for 2026
Total assets
$9.6 billion
Consolidated assets as of March 31, 2026
Total loans
$7.3 billion
Loans outstanding as of March 31, 2026
Total deposits
$7.8 billion
Deposits as of March 31, 2026
Key Terms
say-on-pay, broker non-votes, independent registered public accounting firm, cash dividend, +1 more
5 terms
say-on-pay financial
"To approve, in a non-binding, advisory vote, the compensation of certain executive officers, which is referred to as a “say-on-pay” vote"
A say-on-pay is a shareholder vote that gives investors a chance to approve or disapprove a company’s executive compensation packages, typically held at annual meetings. It matters because the vote signals investor satisfaction with how leaders are paid—like customers rating how well managers are rewarded—and can push boards to change pay plans, reducing governance risk and affecting investor confidence and stock value even though the vote is usually advisory rather than legally binding.
broker non-votes financial
"NOMINEE | FOR | WITHHELD | BROKER N.V."
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"To ratify the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
cash dividend financial
"the Company declared a cash dividend of $0.10 per share of its common stock"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
annual meeting of stockholders financial
"the Company’s annual meeting of stockholders held on May 21, 2026"
FAQ
What did QCRH stockholders approve at the May 2026 annual meeting?
Stockholders re-elected four Class III directors to three-year terms and approved, on an advisory basis, executive compensation. They also ratified RSM US LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
What dividend did QCR Holdings (QCRH) declare in May 2026?
QCR Holdings declared a cash dividend of $0.10 per share of common stock. The dividend is payable on July 3, 2026 to stockholders of record on June 18, 2026, as approved by the company’s Board of Directors on May 20, 2026.
How did QCRH stockholders vote on executive compensation (say-on-pay)?
In the advisory say-on-pay vote, 11,770,480 shares voted for the compensation of certain executive officers, 472,605 voted against, and 31,438 abstained. There were also 2,379,907 broker non-votes recorded on this executive compensation proposal.
Who is QCR Holdings’ independent auditor for fiscal year 2026?
Stockholders ratified RSM US LLP as QCR Holdings’ independent registered public accounting firm for the fiscal year ending December 31, 2026. The ratification vote recorded 14,451,766 shares for, 166,762 against, and 35,902 shares abstaining on the proposal.
How large is QCR Holdings’ balance sheet as of March 31, 2026?
As of March 31, 2026, QCR Holdings reported $9.6 billion in assets, $7.3 billion in loans, and $7.8 billion in deposits. The company operates 36 locations across Iowa, Missouri, and Illinois through its relationship-driven, multi-bank holding company structure.
