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MOLINE, Ill. - QCR Holdings, Inc. (NASDAQ: QCRH), a multi-bank holding company with a market capitalization of $1.14 billion, announced significant leadership changes following its annual stockholders’ meeting. The company confirmed the re-election of three Class II directors, Brent R. Cobb, Mark C. Kilmer, and Amy L. Reasner, each to serve another three-year term. The conclusion of the directorships of Larry J. Helling and Donna J. Sorensen brought the total number of board members down from 13 to 11. According to InvestingPro analysis, the company maintains a GOOD financial health score despite its stock declining 26% over the past six months.
In executive movements, Todd A. Gipple has taken over as President and Chief Executive Officer, a transition triggered by Helling’s retirement. Nick W. Anderson has been appointed as Chief Financial Officer following Gipple’s promotion. Additionally, Brittany N. Whitfield is stepping into the role of Chief Accounting Officer.
The company also declared a cash dividend of $0.06 per share, which is scheduled to be paid on July 3, 2025, to shareholders on record as of June 18, 2025. Notably, InvestingPro data shows QCR Holdings has maintained dividend payments for 24 consecutive years, demonstrating strong commitment to shareholder returns. For detailed dividend history and additional insights, investors can access the comprehensive Pro Research Report, available for over 1,400 US stocks.
QCR Holdings, headquartered in Moline, Illinois, operates through its wholly owned subsidiary banks across various communities, offering commercial and consumer banking along with trust and wealth management services. The company’s subsidiary banks include Quad City Bank & Trust Company, Cedar Rapids Bank & Trust Company, Community State Bank, and Guaranty Bank, with a total of 36 locations across Iowa, Missouri, and Illinois.
As of March 31, 2025, QCR Holdings reported having $9.2 billion in assets, $6.8 billion in loans, and $7.3 billion in deposits. These figures reflect the company’s status as a significant player in the regional banking sector. Trading at a P/E ratio of 10.14 and currently showing signs of undervaluation according to InvestingPro Fair Value metrics, the company presents an interesting opportunity for value-focused investors.
This announcement is based on a press release statement from QCR Holdings, Inc., and provides shareholders and the market with the latest details on the company’s leadership and financial distribution plans.
In other recent news, QCR Holdings Inc. reported its financial results for the first quarter of 2025, with earnings per share (EPS) slightly exceeding expectations. The company posted an adjusted EPS of $1.53, surpassing the forecast of $1.51. However, revenue fell short of projections, coming in at $76.88 million compared to the anticipated $94.01 million. Despite the revenue shortfall, QCR Holdings maintained a strong net income of $26 million and highlighted a focus on its LITECH lending program and wealth management growth. The company’s capital ratios remained robust, with a Common Equity Tier 1 (CET1) ratio of 10.26% and total risk-based capital at 14.16%. Additionally, QCR Holdings provided guidance for the second quarter of 2025, projecting loan growth of 4-6% annualized and a static to slightly improved net interest margin. The company also plans a significant securitization of approximately $350 million, which could enhance its capital position. In the realm of analyst activity, firms such as KBW and D.A. Davidson engaged with QCR Holdings, though no specific upgrades or downgrades were mentioned in the recent developments.
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