Qcr Holdings, Inc. · NASDAQ:QCRH
Qcr — Q4 2025 Earnings Presentation
27 slides from Qcr's earnings presentation, Jan 28, 2026
Slide 1: Investor Presentation
Investor Presentation December 2025
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Special Note Concerning Forward-Looking Statements. This document contains, and future oral and written statements of the Company and its management may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with resp
Slide 3: Who We Are
WHO WE ARE Our Vision Guides Us. Exceptional people providing extraordinary performance for our clients, shareholders, and communities. Our Mission Drives Us. We make financial dreams a reality. QCR Holdings, Inc. is a Midwest-based bank holding company, established in 1993, with a relationship-driv
Slide 4: Why Invest
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% adju
Slide 5: QCR Holdings Is a Top Performer
QCR HOLDINGS IS A TOP PERFORMER 5 Institutions 10-Year (including QCRH) TSR > 250%(5) 10-Year EPS CAGR > 15%(4) 7 Institutions 10-Year TBVPS CAGR > 10%(3) 14 Institutions 5-Year Average ROAA > 1.30%(2) 53 Institutions Exchange Traded Depositories with Assets Between $1B and $20B(1) 216 Institutions
Slide 6: Differentiated Business Lines Drive Outstanding Results
DIFFERENTIATED BUSINESS LINES DRIVE OUTSTANDING RESULTS 36% of our revenue was derived from noninterest income, totaling $39 million in Q4 2025 TRADITIONAL BANKING DIFFERENTIATED BUSINESS LINES Specialty Finance Group (“SFG”) • Municipal & low-income housing tax credit (“LIHTC”) lending • Generates
Slide 7: We Have Built a Track Record of Growth
WE HAVE BUILT A TRACK RECORD OF GROWTH… Adjusted Earnings per Share Tangle Book Value per Share $7.64 $57.86 14% 13% $3.96 CAGR $32.16 CAGR 2020 2025 2020 2025 Loans Core Deposits(1) Assets Under Management $7.2 B $7.2 B $7.1 B 11% $4.6 B 9% $4.4 B 10% $4.3 B CAGR CAGR CAGR 2020 2025 2020 2025 2020
Slide 8: Consistently Delivering Exceptional Shareholder Returns Through Sustained, Long-Term Growth
CONSISTENTLY DELIVERING EXCEPTIONAL SHAREHOLDER RETURNS THROUGH SUSTAINED, LONG-TERM GROWTH 5-Year Growth 10-Year Growth 20-Year Growth 683% 98% Adjusted 274% Earnings Per 57% 301% 112% Share QCRH Proxy Peer Median QCRH Proxy Peer Median QCRH Proxy Peer Median 80% 420% Tangible 208% 219% Book Value
Slide 9: Building a Long-Term EPS Track Record
BUILDING A LONG-TERM EPS TRACK RECORD QCRH Adjusted EPS ($) Adjusted EPS CAGR (%) QCRH KRX(1) $9 $7.64 $7.03 5-year 14.0% 8.0% $6.80 $6.82 $6.27 $6 $3.96 10-year 16.8% 7.4% $3.66 $3.08 $3 $2.66 $2.31 $1.99 $1.84 $1.79 $1.72 20-year 10.5% 3.8% $0.92 $0 2011 2012 2013 2014 2015 2016 2017 2018 2019 202
Slide 10: Top Tier Tangible Book Value Per Share Growth
TOP TIER TANGIBLE BOOK VALUE PER SHARE GROWTH QCRH TBVPS ($) TBVPS (%) $80 QCRH KRX(2) $60.89 5-year 12.5% 5.0% $60 $53.75 $57.86 $47.15 $50.21 $40.68 $40 $43.81 $38.02 $36.82 10-year 11.9% 5.7% $32.16 $28.15 $20 $22.70 $24.04 $18.81 $20.11 $17.08 $17.50 $15.92 $14.29 20-year 8.5% 5.1% $0 2011 2012
Slide 11: Consistent Improvement in Shareholder Return
CONSISTENT IMPROVEMENT IN SHAREHOLDER RETURN • Top quartile ROAA and ROAE performance • Adjusted ROAA grew from 1.13% in 2020 to 1.39% 2025 • Adjusted ROAE grew from 11.17% in 2020 to 12.19% 2025 • Adjusted efficiency ratio improved from 66.25% in 2019 to 57.63% 2025 Adjusted Net Income/Earnings Per
Slide 12: Specialty Finance Group ("SFG")
SPECIALTY FINANCE GROUP ("SFG") Our SFG business is unique and offers: • Strong pipelines built on relationships • Complexity which creates significant barriers to entry by competitors • Consistent source of revenue in all economic cycles • Strategic use of securitization and loan sales for long-ter
Slide 13: Low Income Housing Tax Credit Loans
LOW INCOME HOUSING TAX CREDIT LOANS Providing Municipal and Tax Credit Financing Solutions Strong Borrowers • Experienced low-income housing developers • Tax credit investors are primarily other banks and corporate investors • Back-to-back swaps on 15-year fixed rate loans for clients, while QCRH re
Slide 14: LIHTC: A Durable, Relationship Driven Platform
LIHTC: A DURABLE, RELATIONSHIP DRIVEN PLATFORM Long-term Legislative Support, Relationships with the Best Developers, Proven Track Record of Performance Built to last • Permanent federal program with nearly four decades of bipartisan support • Scaled national market supporting repeat, multi-project
Slide 15: Low Income Housing Tax Credit Loans
LOW INCOME HOUSING TAX CREDIT LOANS Annual LIHTC Foreclosure Rate vs. Conventional Multifamily Delinquency Rate LIHTC Industry Strength Offers: • Long track record of strong performance • Very low Loan-To-Values • Extremely low historical industry-wide defaults • Cumulative foreclosure rate of 0.19%
Slide 16: LIHTC Securitization Highlights
LIHTC SECURITIZATION HIGHLIGHTS Improved NIM Increased liquidity Strengthened capital Managing $10B threshold Total LIHTC Loans ($B) Successful closing of first four $3.0 securitizations selling nearly $650MM of LIHTC loans via Freddie Mac Programs $0.3 • Strengthened capital and NIM $0.4 $2.4 • Inc
Slide 17: Wealth Management Services
WEALTH MANAGEMENT SERVICES Broad scope of services including financial planning, tax and custody services, investment management, estate consulting and trust administration. • Diverse wealth management solutions serving a wide range of clients • Over 1,900 new relationships added over the last five
Slide 18: Strong Asset Growth
STRONG ASSET GROWTH Strong asset growth has been driven by a combination of organic growth and strategic acquisitions leading to high performing ROAA. Total Consolidated Assets ($B)(1) Asset Distribution by Charter CAGR from 2016-2025: 14.2% as of 2025 ($B) $10 $9.6 $1.2 $9.0 $8.5 17% $8 25% $6.7 $6
Slide 19: Loan Growth Driven by Commercial Lending
LOAN GROWTH DRIVEN BY COMMERCIAL LENDING Commercial Loans Represent 92% of the Loan Portfolio as of 12/31/25 Loans ($B) CAGR from 2020-2025: 10.8% $8 $7.2 $7 $6.8 $6.5 $6.1 $6 $6.6 $6.3 $6.0 $4.7 $5.7 $5 $4.3 Total Loans $4 $4.3 $3.9 $3 Commercial Loans $2 $1 $0 2020 2021 2022 2023 2024 2025 19
Slide 20: Diversified Loan Portfolio
DIVERSIFIED LOAN PORTFOLIO Loan Portfolio Composition ($MM) Construction & Land Development ($MM) $7.2 Billion as of 2025 Residential Land Construction Development $7 $74 (0%) (6%) CRE - NOO $1,037 15% Construction & Land Dev $1,308 Commercial Construction 18% Construction LIHTC CRE - OO $486 $742 $
Slide 21: Our High-Performing CRE Portfolio
OUR HIGH-PERFORMING CRE PORTFOLIO CRE and CRE Office $742 Key Takeaways: LIHTC Construction $222 10% CRE - Office 3% • CRE is 59% of total loans $1,448 • CRE-Office represents only 3% of Total Loans LIHTC 20% TOTAL CRE(1) • 17 CRE-Office loans > $3 million (total of $86 million) $4.3 Billion $955 CR
Slide 22: Strong Credit Culture Supported by Conservative Reserves
STRONG CREDIT CULTURE SUPPORTED BY CONSERVATIVE RESERVES Focused on maintaining excellent asset quality: • Conservative reserves for credit losses • 46% of NPAs consist of five relationships • NPA % of total assets well below Company's 20-year historical average. NPAs / Assets ACL – Loans HFI/Total
Slide 23: Consistent Deposit Growth
CONSISTENT DEPOSIT GROWTH Core Deposits(1) Represent 97% of Total Deposits Total Deposits ($B) CAGR from 2020-2025: 10.0% Core Deposit CAGR from 2020-2025: 9.4% $8 $7.1 $7.4 $7 $6.6 $7.2 $6.0 Total Deposits $6 $6.7 $6.2 Core Deposits $4.9 $5.9 $5 $4.6 $4.9 $4 $4.6 $3 $2 $1 $0 2020 2021 2022 2023 202
Slide 24: Total Deposit Composition
TOTAL DEPOSIT COMPOSITION Treasury Management Solutions • Local dedicated teams of treasury management specialists • Market leading client-facing technology • Comprehensive fraud prevention applications • Innovative payment and disbursement services • Cash flow and receivables management Deposit Com
Slide 25: Well-Positioned in Today's Rate Environment
WELL-POSITIONED IN TODAY’S RATE ENVIRONMENT Liability Sensitive Balance Sheet (1) $4.8 • Balance sheet became liability sensitive due to shifts in mix of core deposit portfolio in an elevated interest rate environment $.7 B • Benefiting from recent reductions in interest rates with strong $4.1 depos
Slide 26: Strengthening the Balance Sheet for Future Growth
STRENGTHENING THE BALANCE SHEET FOR FUTURE GROWTH Tangible Common Equity & TRBC Ratios 16.00% 14.95% 14.77% 14.28% 14.29% 14.10% 14.19% 10.55% 10.76% 10.52% 9.87% 9.67% 9.55% 10.03% 9.97% 8.00% 9.05% 9.29% 8.75% 7.93% 0.00% 2020 2021 2022 (1) 2023 2024 2025 (2) TCE Ratio TRBC Ratio CET 1 Successful
Slide 27: Community
COMMUNITY UST COMMUNITY ¢ Bank 3) STATE BANK GROUP OPERATIONS HOLDINGS, INC.