QCR : Q125 Investor Presentation
QCRH
Investor Presentation
March 2025
Who We Are
Exceptional people providing extraordinary performance for our clients, shareholders, and communities.
Our Vision Guides Us.
QCR Holdings, Inc. is a Midwest-based bank holding company, established in 1993, with a relationship-driven approach. We consistently deliver strong returns on average assets (ROAA) and boast a track record of profitable growth. Our unique and diversified noninterest income sources contribute to our upper quartile performance compared to industry peers.
Why Invest
Distinct Operating Model ü Local charter autonomy attracts the best bankers with customized solutions for clients ü Leading market position in demographically attractive and growing mid-sized metros
Consistent Top Tier Financial Performance in Every Interest Rate Environment ü ~1.45% adjusted return on average assets over the last five years ü 5, 10 and 20-Year Tangible Book Value and Earnings per Share growth significantly above Proxy Peers with additional runway
Diversified Sources of Income ü Robust wealth management and capital market income streams complement traditional fee income sources
ü On average, 30% of total revenue derived over the past 5 years has been from noninterest income compared to ~20% for Proxy Peers
Disciplined Underwriting and Credit Culture ü Centralized credit policy-making ensures corporate best practices and maintains global asset quality of portfolio ü Overlapping members of credit committees formalizes institution-wide approach to credit
Strong Management Team ü Experienced management team with decades of experience at QCRH in multiple organizational positions ü Track record of successfully navigating multiple cycles and integrating prudent acquisitions
Delivering Shareholder Value ü Substantial stock price outperformance as compared to Proxy Peers over the short and long term ü Room for growth and history of delivering industry leading returns
Source: S&P Capital IQ Pro
4
Differentiated Business Lines Drive Outstanding Results
22% of our revenue is derived from noninterest income, totaling $17 million in Q1 2025
TRADITIONAL BANKING
DIFFERENTIATED BUSINESS LINES
Specialty Finance Group ("SFG")
• Municipal & low-income housing tax credit ("LIHTC") lending
• Generates capital markets revenue from interest rate swap fees and gains on loan securitizations related to LIHTC lending
Wealth Management
• Broad scope of services with recent expansion in southwest
Missouri and central Iowa
• $6.3 billion in AUM as of 3/31/25
Correspondent Banking
• Competitive deposit products
• 189 banking relationships
• Approximately $1.6 billion in liquidity
Four distinct operating bank charters, managed by local veteran bankers, governed by local Boards of Directors with customized solutions by market
Entity
Quad City Bank & Trust
Cedar Rapids Bank & Trust 1
Guaranty Bank
Community State Bank
States/Region
Iowa/Illinois - Quad Cities
Iowa -Cedar Rapids/Cedar Valley
Missouri - Springfield
Iowa - Des Moines/ Ankeny
(1) Cedar Rapids Bank & Trust includes Community Bank & Trust in the Cedar Valley.
(2) Location, deposit data, and market share as of 6/30/24
# Locations
Deposits(2)
Market Share(2)
$2.1B #1
$1.7B #1
$1.8B #2
$1.2B #7
We Have Built a Track Record of Growth…
Consistently Delivering Exceptional Shareholder Returns Through Sustained, Long-Term Growth
5-Year Growth
Note: Peer Data Source: S&P Capital IQ Pro. Note: Peers per proxy statement filed 4/8/24. Excludes Heartland Financial USA, Inc.
10-Year Growth
20-Year Growth
(1) QCRH financial and market data is as of 3/31/25. Peer financial data is as of 12/31/24 and market data as of 3/31/25. Represents stock price change since 3/31/20, 3/31/15, 3/31/05, respectively.
Building a Long-Term EPS Track Record
Data as of 12/31/24
$8
QCRH Core EPS ($)
$6
Core EPS CAGR (%)
QCRH
KRX
$4
$2
$1.84 $1.79 $1.72
$7.03
$6.80
$6.82
$6.27
$0 2011
$0.92
2012
2013
2014
$1.99
2015
$2.31
2016
$2.66
$3.96
$3.66
$3.08
2017
2018
2019
2020
2021
2022
2023
2024
5-year
13.9%
2.9%
10-year
15.1%
6.4%
20-year
9.2%
3.6%
8
Top Tier Tangible Book Value Per Share Growth
$0 2011
QCRH TBVPS ($)
$60
$30
$15.92
2012
Date as of 12/31/24
(1)
TBVPS TBVPS of $40.68, $47.15 and $53.75 for 2022, 2023 and 2024, respectively, excludes the impact of AOCI.
$53.75
TBVPS (%) QCRH KRX
$17.08
$14.29
$17.50
$18.81
$20.11
$47.15
$22.70
2013
2014
2015
2016
2017
$50.21
$40.68
$43.81
$38.02
$32.16
$36.82
$28.15
$24.04
2018
2019
2020
2021
2022 (1) 2023 (1) 2024 (1)
5-year
12.3%
3.7%
10-year
11.1%
5.2%
20-year
7.8%
4.7%
9
Consistent Improvement in Shareholder Return
• Top quartile ROAA and ROAE performance
• Adjusted ROAA grew from 1.15% in 2019 to 1.35% Q4 2024
• Adjusted ROAE grew from 11.53% in 2019 to 12.61% Q4 2024
• Adjusted efficiency ratio improved from 66.25% in 2019 to 58.37% Q4 2024
Disclaimer
QCR Holdings Inc. published this content on April 25, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 25, 2025 at 11:55 UTC.