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MOLINE, Ill. (AP) — MOLINE, Ill. (AP) — QCR Holdings Inc. (QCRH) on Tuesday reported first-quarter net income of $25.8 million.
The Moline, Illinois-based bank said it had earnings of $1.52 per share. Earnings, adjusted for non-recurring costs, were $1.53 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.
The bank holding company posted revenue of $133.6 million in the period. Its revenue net of interest expense was $76.9 million, which did not meet Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QCRH at https://www.zacks.com/ap/QCRH