Qcr Holdings, Inc. · NASDAQ:QCRH
Qcr — Investor Presentation (April 2025)
25 slides from Qcr's investor presentation, Apr 25, 2025
Slide 1: Investor Presentation March 2025
Investor Presentation March 2025
Slide 2: Forward-Looking Statements
FORWARD - LOOKING STATEMENTS Special Note Concerning Forward - Looking Statements . his 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 wit
Slide 3: 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 - driven appr
Slide 4: Why Invest
Why Invest Distinct Operating Model x Local charter autonomy attracts the best bankers with customized solutions for clients x Leading market position in demographically attractive and growing mid - sized metros Consistent Top Tier Financial Performance in Every Interest Rate Environment x ~1.45% ad
Slide 5: Differentiated Business Lines Drive Outstanding Results
Differentiated Business Lines Drive Outstanding Results 22% of our revenue is derived from noninterest income, totaling $17 million in Q1 2025 9 $1.2B #7 Four distinct operating bank charters, managed by local veteran bankers, governed by local Boards of Directors with customized solutions by market
Slide 6: We Have Built a Track Record of Growth
We Have Built a Track Record of Growth… (1) Defined as total deposits less brokered deposits. Adjusted Earnings per Share $3.96 $6.12 2020 2024 11% CAGR $32.16 $51.64 2020 2024 Tangle Book Value per Share $4.4 B $6.3 B 2020 2024 Assets Under Management Loans $4.3 B $6.8 B 2020 2024 $4.6 B $7.0 B 202
Slide 7: Consistently Delivering Exceptional Shareholder Returns Through Sustained, Long-Term Growth
Consistently Delivering Exceptional Shareholder Returns Through Sustained, Long - Term Growth Note: Peer Data Source: S&P Capital IQ Pro. Note: Peers per proxy statement filed 4/8/24. Excludes Heartland Financial USA, Inc. (1) QCRH financial and market data is as of 3/31/25. Peer financial data is a
Slide 8: Building a Long-Term EPS Track Record
QCRH Core EPS ($) Core EPS CAGR (%) 2.9% 13.9% 5 - year 6.4% 15.1% 10 - year 3.6% 9.2% 20 - year $0.92 8 $1.84 $1.79 $1.72 $1.99 $3.08 $2.66 $2.31 $3.66 $3.96 $6.27 $6.80 $6.82 $7.03 $2 $4 $6 $8 $0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Data as of 12/31/24 Building a L
Slide 9: Top Tier Tangible Book Value Per Share Growth
QCRH TBVPS ($) TBVPS (%) $15.92 $17.08 $14.29 $17.50 $18.81 $20.11 $22.70 $24.04 $28.15 $32.16 $38.02 $36.82 $43.81 $50.21 9 $40.68 $47.15 $53.75 $0 $30 $60 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 (1) 2023 (1) 2024 (1) 3.7% 12.3% 5 - year 5.2% 11.1% 10 - year 4.7% 7.8% 20 - year
Slide 10: Adjusted Net Income/Earnings Per Share
Adjusted Net Income/Earnings Per Share Adjusted Net Income CAGR* from 2019 – 2024: 15.3% 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 • Adjuste
Slide 11: Specialty Finance Group
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 for long - term sustainability and growth $0 $2 $4 2020 202
Slide 12: Low Income Housing Tax Credit Loans
QCRH (Lender) Borrower / Low Income Housing Project Tax Credit Equity Investors Loan Payments Tax Credits Equity Investment Loan Rent 12 Strong Borrowers • Experienced low - income housing developers • Tax credit investors are primarily other banks and corporate investors • Back - to - back swaps on
Slide 13: Low Income Housing Tax Credit Loans Performance
Low Income Housing Tax Credit Loans Annual LIHTC Foreclosure Rate vs. Conventional Multifamily Delinquency Rate Data shown from the Cohn Reznick - Affordable House Credit Study, November 2023 LIHTC Industry Strength Offers: • Long track record of strong performance • Very low Loan - To - Values • Ex
Slide 14: LIHTC Securitization Highlights
Successful closing of first four securitizations selling nearly $650MM of LIHTC loans via Freddie Mac Programs • Strengthened capital and NIM • Increased liquidity • $1MM net gain on securitizations in 2024 Securitization will allow us to… • Provide capacity to sustain future LIHTC asset and capital
Slide 15: Wealth Management Services
$3.4 $4.2 $3.6 $4.1 $4.9 $4.8 $1.0 $1.2 $1.0 $1.2 $1.4 $1.5 $0 $2 $4 $6 2020 2021 2022 2023 2024 3/ 31/25 Brokerage/ RIA Tr u st / I n v Mgmt $4.6 $5.3 $12.6 15 $15.3 $14.5 $15.6 $17.9 $19.8 $0 $6 $12 $18 $24 2020 2021 2022 2023 2024 3/31/25 (1) Wealth Management Revenue ($M) CAGR from 2020 – 3/31/2
Slide 16: Strong Asset Growth
$2.3 $3.2 $3.8 $4.9 $5.7 $6.1 $6.7 $8.5 $9.0 $9.2 $0.6 $0.3 $0.6 $1.2 $0 $2 $4 $6 $8 $10 2016 2017 2018 2019 2020 2021 2022 2023 2024 3/31/25 Acquired Assets Total Assets (1) Rockford Bank & Trust assets were removed from this data. 25% 30% 28% 17% Total Consolidated Assets ($B) (1) CAGR from 2016 -
Slide 17: Loan Growth Driven by Commercial Lending
Loans ($B) CAGR from 2020 - 3/31/25: 11.5% Commercial Loans Represent 92% of the Loan Portfolio as of 3/31/25 Loan Growth Driven by Commercial Lending $4.3 $4.7 $6.1 $6.5 $6.8 $6.8 $3.9 $4.3 $5.7 $6.0 $6.3 $6.3 $2 $1 $0 $3 $4 $5 $6 $7 $8 2020 2021 2022 2023 2024 3/31/25 Total Loans Commercial Loans
Slide 18: Diversified Loan Portfolio
Diversified Loan Portfolio Construction LIHTC $1,016 (72%) Commercial Construction $317 (22%) Residential Construction $8 (1%) Land Development $78 (5%) Multi - familty - LIHTC $889 (75%) Multi - family - non LIHTC $289 (25%) Loan Portfolio Composition ($MM) $6.8 Billion as of 3/31/25 Construction &
Slide 19: Our High-Performing CRE Portfolio
$907 LIHTC 13% $1,016 LIHTC Construction 15% $209 CRE - Office 3% $893 CRE - Non - Office 13% $403 Construction & Land Dev 6% $290 Multi - Family 4% 19 • CRE is 55% of total loans • CRE - Office represents only 3% of Total Loans • 12 CRE - Office loans > $3 million (total of $61 million) • CRE - Off
Slide 20: Strong Credit Culture Supported by High Levels of Reserves
NPAs / Assets 0.27% 0.25% 0.11% 0.05% 0.40% 0.50% 0.53% 0.00% 0.30% 0.60% 0.56% 2018 2019 2020 2021 2022 2023 2024 3/31/25 1.43% 1.32% 1.24% 1.33% 1.24% 1.32% 1.23% 2022 2023 3/31/25 QCRH 2024 Proxy Peer Median ACL – Loans HFI/Total Loans (%) 20 Strong Credit Culture Supported by High Levels of Rese
Slide 21: Core Deposits Represent 96% of Total Deposits
Core Deposits (1) Represent 96% of Total Deposits (1) Core deposits are defined as total deposits less brokered deposits. Balances as of 3/31/25. Consistent Deposit Growth Total Deposits ($B) CAGR from 2020 - 3/31/25: 11.6% Core Deposit CAGR from 2020 - 3/31/25: 10.6% $4.6 $4.9 $6.0 $6.6 $7.1 $7.3 $
Slide 22: Deposit Composition
Retail 25% Commercial 56% Brokered 4% Correspondent 15% DDA 51% Brokered 4% Savings 3% Time Deposits 13% MMDA 29% 22 Balances as of 3/31/25. Total Deposit Composition TOTAL $7.3 Billion TOTAL $7.3 Billion Treasury Management Solutions • Local dedicated teams of treasury management specialists • Mark
Slide 23: Well-Positioned in Today's Rate Environment
$4.2 Rate Sensitive Assets Rate Sensitive Liabilities Well - Positioned in Today’s Rate Environment • Balance sheet became liability sensitive due to shifts in mix of core deposit portfolio in an elevated interest rate environment • Benefiting from recent reductions in interest rates with strong dep
Slide 24: Strengthening the Balance Sheet for Future Growth
Successful subordinated debt raises in 2019, 2020 and 2022 bolstered total risk - based capital 9.05% 9.87% 7.93% 8.75% 9.55% 9.70% 14.95% 14.77% 14.28% 14.29% 14.10% 14.16% 10.55% 10.76% 9.29% 9.67% 10.03% 10.26% 0.00% 8.00% 16.00% 2020 2022 (1) 2024 3/31/25 (2) 2021 TCE Ratio 2023 TRBC Ratio CET 1
Slide 25: Grour OPERATIONS
Ge Grour OPERATIONS COMMUNITY STATE BANK HOLDINGS, INC DG