QCR (QCRH) Revenue & Revenue Breakdown
QCR Revenue Highlights
Latest Revenue (Y)
$547.38M
Latest Revenue (Q)
$150.56M
Main Segment (Y)
Trust fees
QCR Revenue by Period
QCR Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $547.38M | 79.97% |
| 2022-12-31 | $304.16M | 11.89% |
| 2021-12-31 | $271.84M | -1.21% |
| 2020-12-31 | $275.16M | 26.16% |
| 2019-12-31 | $218.10M | 21.35% |
| 2018-12-31 | $179.73M | 25.86% |
| 2017-12-31 | $142.81M | 16.63% |
| 2016-12-31 | $122.45M | 25.47% |
| 2015-12-31 | $97.59M | 11.20% |
| 2014-12-31 | $87.76M | 5.83% |
| 2013-12-31 | $82.93M | 14.68% |
| 2012-12-31 | $72.31M | 5.41% |
| 2011-12-31 | $68.60M | 8.76% |
| 2010-12-31 | $63.08M | -4.73% |
| 2009-12-31 | $66.21M | 13.07% |
| 2008-12-31 | $58.55M | 16.04% |
| 2007-12-31 | $50.46M | 230.52% |
| 2006-12-31 | $15.27M | -59.27% |
| 2005-12-31 | $37.48M | 12.30% |
| 2004-12-31 | $33.37M | 2.38% |
| 2003-12-31 | $32.60M | 38.33% |
| 2002-06-30 | $23.56M | 29.15% |
| 2001-06-30 | $18.25M | 7.67% |
| 2000-06-30 | $16.95M | 15.58% |
| 1999-06-30 | $14.66M | 14.53% |
| 1998-06-30 | $12.80M | 68.42% |
| 1997-06-30 | $7.60M | 58.33% |
| 1996-06-30 | $4.80M | - |
QCR generated $547.38M in revenue during NA 2023, up 79.97% compared to the previous quarter, and up 304.55% compared to the same period a year ago.
QCR Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $150.56M | 5.95% |
| 2024-03-31 | $142.10M | -11.48% |
| 2023-12-31 | $160.52M | 103.14% |
| 2023-09-30 | $79.02M | -5.20% |
| 2023-06-30 | $83.35M | 3.51% |
| 2023-03-31 | $80.52M | -4.69% |
| 2022-12-31 | $84.49M | 5.63% |
| 2022-09-30 | $79.98M | 0.26% |
| 2022-06-30 | $79.78M | 33.16% |
| 2022-03-31 | $59.91M | -12.08% |
| 2021-12-31 | $68.14M | -14.09% |
| 2021-09-30 | $79.31M | 28.79% |
| 2021-06-30 | $61.59M | -4.43% |
| 2021-03-31 | $64.44M | -13.54% |
| 2020-12-31 | $74.53M | -8.49% |
| 2020-09-30 | $81.44M | 18.86% |
| 2020-06-30 | $68.52M | 31.91% |
| 2020-03-31 | $51.95M | -7.83% |
| 2019-12-31 | $56.36M | -5.59% |
| 2019-09-30 | $59.69M | 10.44% |
| 2019-06-30 | $54.05M | 12.61% |
| 2019-03-31 | $48.00M | -10.40% |
| 2018-12-31 | $53.57M | 16.25% |
| 2018-09-30 | $46.09M | 15.02% |
| 2018-06-30 | $40.07M | 0.14% |
| 2018-03-31 | $40.01M | -1.25% |
| 2017-12-31 | $40.51M | 17.99% |
| 2017-09-30 | $34.34M | 1.23% |
| 2017-06-30 | $33.92M | -0.34% |
| 2017-03-31 | $34.04M | -3.94% |
| 2016-12-31 | $35.43M | 6.31% |
| 2016-09-30 | $33.33M | 23.35% |
| 2016-06-30 | $27.02M | 1.34% |
| 2016-03-31 | $26.66M | 14.89% |
| 2015-12-31 | $23.21M | -14.50% |
| 2015-09-30 | $27.14M | 15.91% |
| 2015-06-30 | $23.42M | 0.81% |
| 2015-03-31 | $23.23M | 1.50% |
| 2014-12-31 | $22.89M | 3.93% |
| 2014-09-30 | $22.02M | 1.91% |
| 2014-06-30 | $21.61M | 3.13% |
| 2014-03-31 | $20.95M | -3.61% |
| 2013-12-31 | $21.74M | -3.57% |
| 2013-09-30 | $22.54M | 11.16% |
| 2013-06-30 | $20.28M | 9.50% |
| 2013-03-31 | $18.52M | 10.09% |
| 2012-12-31 | $16.82M | -10.26% |
| 2012-09-30 | $18.75M | 0.88% |
| 2012-06-30 | $18.58M | 2.33% |
| 2012-03-31 | $18.16M | 129.05% |
| 2011-12-31 | $7.93M | -63.59% |
| 2011-09-30 | $21.77M | 20.13% |
| 2011-06-30 | $18.12M | 4.97% |
| 2011-03-31 | $17.27M | 1.41% |
| 2010-12-31 | $17.03M | 3.05% |
| 2010-09-30 | $16.52M | 2.82% |
| 2010-06-30 | $16.07M | 0.33% |
| 2010-03-31 | $16.02M | -5.27% |
| 2009-12-31 | $16.91M | -6.01% |
| 2009-09-30 | $17.99M | 13.14% |
| 2009-06-30 | $15.90M | 3.25% |
| 2009-03-31 | $15.40M | 1.94% |
| 2008-12-31 | $15.11M | 0.35% |
| 2008-09-30 | $15.05M | -4.98% |
| 2008-06-30 | $15.84M | 10.29% |
| 2008-03-31 | $14.36M | 7.05% |
| 2007-12-31 | $13.42M | - |
QCR generated $150.56M in revenue during Q2 2024, up 5.95% compared to the previous quarter, and up 186.97% compared to the same period a year ago.
QCR Revenue Breakdown
QCR Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Debit card fees | $6.20M | $5.46M | $4.22M | - | - |
| Deposit service fees | $8.18M | $8.13M | $6.13M | - | - |
| Investment advisory and management fees | $3.86M | $3.86M | $4.08M | - | - |
| Trust fees | $11.70M | $10.64M | - | - | - |
| Correspondent banking fees | $1.66M | $967.00K | $1.11M | - | - |
| Trust department fees | - | - | $11.21M | - | - |
| Fiduciary And Trust | - | - | - | $9.21M | $9.56M |
| Correspondent Clearing | - | - | - | $903.00K | $773.00K |
| Debit Card | - | - | - | $3.40M | $3.36M |
| Deposit Account | - | - | - | $6.04M | $6.81M |
| Investment Advisory Management And Administrative Service | - | - | - | $5.32M | $7.00M |
QCR's latest annual revenue breakdown by segment (product or service), as of Dec 23: Trust fees (37.02%), Deposit service fees (25.88%), Debit card fees (19.62%), Investment advisory and management fees (12.23%), and Correspondent banking fees (5.26%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Deposit service fees | $2.02M | $4.12M | $2.03M | $2.03M | $2.14M | $2.21M | $1.55M | $1.64M | - | - | - | - | - | - | - | - | - | - | - | - |
| Debit card fees | $1.47M | $3.15M | $1.59M | $1.47M | $1.50M | $1.45M | $1.01M | $1.07M | - | - | - | - | - | - | - | - | - | - | - | - |
| Correspondent banking fees | $512.00K | $915.00K | $356.00K | $391.00K | $257.00K | $189.00K | $277.00K | $266.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Investment advisory and management fees | $1.10M | $2.00M | $986.00K | $879.00K | $918.00K | $921.00K | $1.04M | $1.05M | - | - | - | - | - | - | - | - | - | - | - | - |
| Trust fees | $3.20M | $5.95M | $2.84M | $2.91M | $2.64M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Trust department fees | - | - | - | - | - | $2.54M | $2.96M | $2.84M | - | - | - | - | - | - | - | - | - | - | - | - |
| Investment Advisory Management And Administrative Service | - | - | - | - | - | - | - | - | $1.05M | $1.04M | $940.00K | $926.00K | $1.27M | $1.40M | $1.73M | $1.59M | $1.78M | $1.89M | $1.74M | $1.66M |
| Debit Card | - | - | - | - | - | - | - | - | $1.08M | $1.08M | $975.00K | $923.00K | $946.00K | $775.00K | $758.00K | $766.00K | $886.00K | $914.00K | $792.00K | $806.51K |
| Correspondent Clearing | - | - | - | - | - | - | - | - | $265.00K | $269.00K | $314.00K | $270.00K | $220.00K | $198.00K | $215.00K | $195.00K | $189.00K | $172.00K | $216.00K | $178.71K |
| Deposit Account | - | - | - | - | - | - | - | - | $1.59M | $1.49M | $1.41M | $1.88M | $1.40M | $1.29M | $1.48M | $1.79M | $1.81M | $1.66M | $1.55M | $1.62M |
| Fiduciary And Trust | - | - | - | - | - | - | - | - | $2.71M | $2.85M | $2.80M | $2.39M | $2.28M | $2.23M | $2.31M | $2.37M | $2.34M | $2.36M | $2.49M | $2.22M |
QCR's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Trust fees (38.54%), Deposit service fees (24.36%), Debit card fees (17.66%), Investment advisory and management fees (13.27%), and Correspondent banking fees (6.17%).
QCR Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| QCRH | QCR | $547.38M | $150.56M |
| BSRR | Sierra Bancorp | $208.02M | $51.13M |
| CFBK | CF Bankshares | $112.31M | $29.99M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| CZWI | Citizens Community Bancorp | $93.82M | $24.39M |
| FNCB | FNCB Bancorp | $87.72M | $24.51M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| FCAP | First Capital | $51.24M | $14.24M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| FCCO | First Community | $10.42M | $25.48M |
QCRH Revenue FAQ
What is QCR’s yearly revenue?
QCR's yearly revenue for 2023 was $547.38M, representing an increase of 79.97% compared to 2022. The company's yearly revenue for 2022 was $304.16M, representing an increase of 11.89% compared to 2021. QCRH's yearly revenue for 2021 was $271.84M, representing a decrease of -1.21% compared to 2020.
What is QCR’s quarterly revenue?
QCR's quarterly revenue for Q2 2024 was $150.56M, a 5.95% increase from the previous quarter (Q1 2024), and a 80.63% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $142.1M, a -11.48% decrease from the previous quarter (Q4 2023), and a 76.47% increase year-over-year (Q1 2023). QCRH's quarterly revenue for Q4 2023 was $160.52M, a 103.14% increase from the previous quarter (Q3 2023), and a 89.99% increase year-over-year (Q4 2022).
What is QCR’s revenue growth rate?
QCR's revenue growth rate for the last 3 years (2021-2023) was 101.36%, and for the last 5 years (2019-2023) was 150.98%.
What are QCR’s revenue streams?
QCR's revenue streams in c 23 are Debit card fees, Deposit service fees, Investment advisory and management fees, Trust fees, and Correspondent banking fees. Debit card fees generated $6.2M in revenue, accounting 19.62% of the company's total revenue, up 13.57% year-over-year. Deposit service fees generated $8.18M in revenue, accounting 25.88% of the company's total revenue, up 0.53% year-over-year. Investment advisory and management fees generated $3.86M in revenue, accounting 12.23% of the company's total revenue, up 0.16% year-over-year. Trust fees generated $11.7M in revenue, accounting 37.02% of the company's total revenue, up 9.92% year-over-year. Correspondent banking fees generated $1.66M in revenue, accounting 5.26% of the company's total revenue, up 71.87% year-over-year.
What is QCR’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of QCR was Trust fees. This segment made a revenue of $11.7M, representing 37.02% of the company's total revenue.