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QCR Holdings, Inc. (QCRH) is a multi-bank holding company headquartered in Moline, Illinois, specializing in financial services. The company provides commercial and consumer banking, trust and wealth management services, and equipment financing. Its diversified business model includes traditional banking, correspondent banking, wealth management, and specialty finance.
- Traditional Banking - Offers consumer and retail banking, complex commercial lending, treasury management solutions, private banking services, and small-ticket loan and lease financing through m2 Equipment Finance.
- Wealth Management - Provides fiduciary services, investment management, financial planning, brokerage services, and trust administration, managing assets under management (AUM) of $6.3 billion as of December 31, 2024.
- Correspondent Banking - Delivers competitive deposit products, safekeeping and cash management services, and bank stock loans, supporting approximately $1.2 billion in liquidity and 189 banking relationships as of December 31, 2024.
- Specialty Finance Group (SFG) - Focuses on municipal and tax credit lending, capital markets revenue, floating-to-fixed rate swap revenue, and loan securitization for long-term sustainability.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Larry J. Helling ExecutiveBoard | Chief Executive Officer of QCR Holdings | Board Trustee of United Way of East Central Iowa; Board Member of Junior Achievement; Board Director of Entrepreneurial Development Center | Larry J. Helling has been serving as CEO of QCR Holdings since May 2019 and joined as President and CEO of Cedar Rapids Bank and Trust in September 2001. | View Report → |
Todd A. Gipple ExecutiveBoard | President and Chief Financial Officer | Board member at Quad City Bank and Trust ; Board member at Guaranty Bank | Todd A. Gipple has been the Chief Financial Officer since 2000 and was appointed President in May 2019. He previously served as Chief Operating Officer from 2008 to 2023 and will become CEO following the 2025 Annual Meeting. | |
James D. Klein Executive | President of Cedar Rapids Bank & Trust | James D. Klein has served as President of Cedar Rapids Bank & Trust since 2019 and will transition to CEO of Cedar Rapids Bank & Trust following the 2025 Annual Meeting. Previously, he served as Chief Lending Officer from 2014 and as Senior Vice President, Retail Banking from 2010 at Cedar Rapids Bank & Trust. | ||
Kurt A. Gibson Executive | Chief Executive Officer of Community State Bank | Kurt A. Gibson has been the CEO of Community State Bank since 2024, after serving as President and CEO from 2018 to 2024 and as President since 2017. | ||
Laura “Divot” Ekizian Executive | Chief Executive Officer of Quad City Bank and Trust (QCBT) | Laura “Divot” Ekizian is the CEO of Quad City Bank and Trust since January 3, 2025 and has served as President and Chief Relationship Officer since 2020. | ||
Monte C. McNew Executive | Chief Lending Officer of QCR Holdings | Monte C. McNew is currently the Chief Lending Officer of QCR Holdings. He previously served as CEO of Guaranty Bank from April 2022 and held other leadership roles including President (2018 to February 2021) and Executive VP, Commercial Lending (2014). | ||
Nicole “Niki” A. Lee Executive | Chief Human Resource Officer (CHRO) | Nicole “Niki” A. Lee is the Chief Human Resource Officer at QCR Holdings since May 2023. She previously served as VP, Human Resources Business Partner at Aegon/Transamerica from 2004 to 2023. | ||
Reba K. Winter Executive | Chief Operating Officer (COO) | Reba K. Winter is the COO of QCR Holdings since May 18, 2023. Previously, she served as Executive Vice President and Chief Information Officer from 2019. | ||
Amy L. Reasner Board | Board Director at QCR Holdings, Inc. | President of Lynch Dallas, P.C. ; Vice President of the Board of Directors at Willis Dady Homeless Services | Amy L. Reasner has served as a Board Director at QCR Holdings, Inc. since August 21, 2024. She is a seasoned attorney and currently holds the role of President at Lynch Dallas, P.C., showcasing her legal and leadership expertise. | |
Brent R. Cobb Board | Director of QCR Holdings | CEO of World Class Industries; Chairman of Morton Industries | Brent R. Cobb has been a Director of QCR Holdings since 2020, serving on the board and participating in oversight committees. He also holds active leadership roles outside QCRH as CEO of World Class Industries since 2019 and as Chairman of Morton Industries. | |
Elizabeth S. Jacobs Board | Director of QCR Holdings | President of The Jacobs Group, LLC; Director of Community State Bank | Elizabeth S. Jacobs has served as the Director of QCR Holdings since 2020 and exercises strategic oversight through her roles on key committees in 2023. She also leads as President of The Jacobs Group, LLC, demonstrating extensive governance and leadership experience. | |
James M. Field Board | Vice Chair of the Board of Directors | James M. Field serves as the Vice Chair of the Board of Directors at QCRH since 2019 and as a Director since 2019. He also has served as Audit Committee Chair since 2024 and brings extensive financial expertise from his long tenure at Deere & Company. | ||
James R. Batten Board | Director of QCR Holdings, Inc. | President of H2D2, LLC; Board Member at AG Financial Solutions; Board Member at Foundation Capital Resources | James R. Batten has been serving as a Director at QCR Holdings since August 21, 2024. He is known for his solid financial background, including his experience as a CFO and his roles on key committees. | |
John F. Griesemer Board | Director of QCR Holdings | CEO and Chair of the Board of Erlen Group | John F. Griesemer has served as Director of QCR Holdings since 2022 and is also a director of Guaranty Bank, a subsidiary of QCR Holdings. He holds external leadership roles as the CEO and Chair of the Board at Erlen Group. | |
John-Paul E. Besong Board | Director of QCR Holdings, Inc. | Director of United Fire Group, Inc. ; Board Member at Junior Achievement (Cedar Rapids Area) ; Board Member at Mercy Medical Center and Mercy Foundation ; Board Member at Iowa Public Television Foundation ; Member, TAI CIO Advisory Board | John-Paul E. Besong has served as a Director at QCR Holdings, Inc. since 2015 and brings extensive leadership and IT expertise from his previous role at Rockwell Collins. | |
Marie Z. Ziegler Board | Chair of the Board of Directors | Marie Z. Ziegler has served as Chair of the Board of Directors at QCR Holdings since February 29, 2024 and has been a Director since 2008 at QCRH, bringing extensive expertise in finance, audit, and corporate governance. | ||
Mark C. Kilmer Board | Director | Mark C. Kilmer has served as a Director of QCR Holdings since 2004 and also serves as Chair of the Board of Directors and Director of Quad City Bank and Trust, a QCRH subsidiary. He actively contributes to QCRH’s governance through his participation on the Audit and Compensation Committees. | ||
Mary Kay Bates Board | Director of QCR Holdings | President and Chief Executive Officer of Bank Midwest | Mary Kay Bates serves as a Director of QCR Holdings since 2018. She is also the President and Chief Executive Officer of Bank Midwest. |
- Given the focus on aggressively managing deposit costs while reducing repricing rates, what contingencies are in place if deposit growth momentum falters and deposit betas do not improve as expected?
- With the current slowdown in LIHTC lending driven by macroeconomic and regulatory uncertainties, how does management plan to rebalance the pipeline to reignite robust loan growth while carefully managing credit risk?
- Your margin guidance hinges on a 2–3 basis point gain from each 25 basis point Fed rate cut; what risks do you foresee if rate cuts are delayed or if actual deposit rate sensitivities underperform, and how would that affect your net interest margin outlook?
- Considering the planned $350 million securitization aimed at releasing capital, under what specific economic or pipeline conditions might you opt to accelerate or delay this transaction, especially with ongoing uncertainties in traditional and LIHTC loan growth?
- With $760,000 shares remaining in your authorized buyback and a deliberate wait-and-see approach, what precise triggers or improvements in market clarity would compel you to initiate a more aggressive repurchase strategy, and how do you balance this against other capital priorities?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Guaranty Federal Bancshares, Inc. (Guaranty) | 2022 | Acquisition structured as a merger: QCR Holdings completed the acquisition on April 1, 2022, following an announcement on November 9, 2021. The deal, valued at approximately $144.1 million and structured as roughly 80% stock and 20% cash (offering Guaranty shareholders a choice between cash, stock, or mixed consideration), merged Guaranty into QCR, boosting market presence with 17 locations across southwest Missouri and expected EPS accretion and improved capital ratios. |
Recent press releases and 8-K filings for QCRH.
- On April 25, 2025, QCR Holdings Inc. filed an 8‑K releasing its Investor Presentation, highlighting the company’s strategic vision and diversified approach through its unique operating model.
- The presentation details robust financial performance with $9.2 billion in total assets and $6.3 billion in wealth management AUM, underscoring strong growth in core deposits and earnings metrics.
- It also emphasizes the company’s focus on differentiated business lines, including its four distinct bank charters and specialty finance operations, as key drivers for long‑term value creation.
- Strong Q1 performance with adjusted net income of $26 million and adjusted EPS of $1.53, driven by margin expansion and disciplined expense management.
- Robust deposit growth with core deposits increasing by $332 million (20% annualized), supporting a 4% annualized loan growth and significant wealth management revenue gains.
- Forward guidance for Q2 includes an expected annualized loan growth of 4% to 6% and strategic use of securitizations and buyback capacity (760,000 shares remaining) amid ongoing macroeconomic uncertainties.
- Net income of $25.8M was reported with diluted EPS of $1.52, and adjusted figures of $26.0M and $1.53 respectively (documents ).
- The company achieved robust core deposit growth of 20% annualized and wealth management revenue growth of 14%, signaling strong business momentum (documents , ).
- Margin performance remained steady with a net interest margin of 2.95% and an adjusted NIM TEY improvement of one basis point (documents ).
- CEO Larry J. Helling will retire from his role and board positions effective immediately after the annual stockholders’ meeting on May 22, 2025.
- Todd A. Gipple is appointed to assume the CEO role, with Nick W. Anderson transitioning to CFO as part of the executive succession plan.