QCR Holdings (QCRH) has wrapped up FY 2025 with fourth quarter revenue of US$101.5 million and basic EPS of US$2.13, while trailing twelve month figures show revenue of US$351.5 million and EPS of US$7.54. Over recent periods, the company has seen revenue move from US$83.4 million in Q3 2024 to US$97.1 million in Q3 2025, and from US$86.7 million in Q4 2024 to US$101.5 million in Q4 2025. Basic EPS stepped from US$1.65 and US$1.79 in those quarters to US$2.17 and US$2.13 respectively. This creates a results snapshot where investors can focus squarely on how margins and credit quality are holding up.

See our full analysis for QCR Holdings.

With the headline numbers on the table, the next step is to see how this earnings print lines up with the prevailing narratives around QCR Holdings' growth, profitability and risk profile, and where the latest trends may challenge those views.

3.49% net interest margin supports US$127.2 million in annual profit

• On a trailing basis, QCR Holdings earned US$127.2 million of net income on US$351.5 million of revenue, with a 3.49% net interest margin helping convert its roughly US$7.2b loan book into earnings.
• What stands out for a bullish view is that this margin based model produced a 36.2% net profit margin over the last 12 months, and
  • trailing EPS of US$7.54 lines up with that profit level, which bullish investors may see as support for the idea of high quality earnings rather than one off spikes,
  • while quarterly net income in 2025 stayed between US$25.8 million and US$36.7 million, which can be read as fairly consistent profitability across the year.

Over the last year, how QCR Holdings turned a 3.49% net interest margin into a 36.2% net profit margin is central to the bullish story. A closer look at that relationship can reshape how you think about its earnings power. 📊 Read the full QCR Holdings Consensus Narrative.

Cost to income ratio hovering around 57% through FY 2025

• The latest trailing twelve month cost to income ratio sits at 57.63%, with quarterly readings in 2025 ranging from 55.62% to 60.38%, so more than half of revenue is going to operating expenses.
• Critics of a bullish stance might focus on this cost base, and
  • point out that even with net income of US$35.7 million in Q4 and US$36.7 million in Q3, the bank still needed to keep expenses in check to hold that 56% to 60% cost to income range,
  • while the trailing EPS of US$7.54 is being earned alongside that mid 50s cost ratio, which leaves less room for error if revenue growth slows compared with the 13.1% revenue growth forecast that is on the table.

Loan book around US$7.2b with over US$42 million in non performing loans

• Total loans sit at US$7.2b at Q4 2025, and non performing loans are reported at US$42.3 million, similar to the US$42.2 million to US$47.6 million range seen across 2025.
• For anyone weighing a more cautious angle, the credit data gives a concrete reference point, and
  • shows that non performing loans have stayed in the low US$40 million range even as the loan book moved around US$6.8b to US$7.2b, which skeptics may watch closely given the bank’s reliance on interest income,
  • while the 36.2% net profit margin and US$127.2 million of trailing net income are being earned with that level of problem loans in the background, so any change in credit costs would directly touch earnings.

Next Steps

Don't just look at this quarter; the real story is in the long-term trend. We've done an in-depth analysis on QCR Holdings's growth and its valuation to see if today's price is a bargain. Add the company to your watchlist or portfolio now so you don't miss the next big move.

See What Else Is Out There

QCR Holdings is earning strong margins, but a cost to income ratio around 57% and non performing loans above US$42 million leave little cushion if conditions tighten.

If you want banks and lenders with cleaner credit profiles and more room for error, check out our solid balance sheet and fundamentals stocks screener (389 results) today and compare alternatives side by side.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.