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QCR Holdings (QCR Holdings) Goodwill : $139.0 Mil (As of Dec. 2023)


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What is QCR Holdings Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. QCR Holdings's goodwill for the quarter that ended in Dec. 2023 was $139.0 Mil.


QCR Holdings Goodwill Historical Data

The historical data trend for QCR Holdings's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

QCR Holdings Goodwill Chart

QCR Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.75 74.07 74.07 137.61 139.03

QCR Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 138.47 139.03 139.03 139.03 139.03

QCR Holdings Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


QCR Holdings  (NAS:QCRH) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

QCR Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=139.03/8538.894
=0.02

QCR Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=139.03/8538.894
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


QCR Holdings Goodwill Related Terms

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QCR Holdings (QCR Holdings) Business Description

Traded in Other Exchanges
Address
3551 7th Street, Moline, IL, USA, 61265
QCR Holdings Inc is a multi-bank holding company. The bank operates through segments namely Commercial Banking, Wealth Management, and all other segments. The commercial bank segment is geographically divided by markets namely QCBT, CRBT, CSB, and SFCB. It generates revenue in the form of interest.
Executives
Marie Z. Ziegler director 2252 SAINT ANDREWS CIRCLE, BETTENDORF IA 52722
Larry J Helling director
Nick W Anderson officer: SVP, Chief Accounting Officer 21428 71ST AVE N, PORT BYRON IL 61275
Nicole A Lee officer: EVP, Chief HR Officer 2397 WRIGHT BROTHERS BLVD E, CEDAR RAPIDS IA 52404
Reba K Winter officer: EVP, COO 3402 RIVER RIDGE CT NE, CEDAR RAPIDS IA 52402
Elizabeth S Jacobs director 2812 DRUID HILL DRIVE, DES MOINES IA 50315
James M. Field director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
John F Griesemer director 4024 E WINDSONG, SPRINGFIELD MO 65809
Mary Kay Bates director PO BOX 349, OKOBOJI IA 51355
Brent R Cobb director 3106 RIMROCK CT NE, CEDAR RAPIDS IA 52402
Todd A Gipple officer: Exec VP/CFO 3551 7TH ST, STE 204, MOLINE IL 61265
John H Anderson officer: President, QCBT 2315 FAIRHAVEN RD, DAVENPORT IA 52803
Monte C Mcnew officer: President & CEO, SFC 3825 E. CYPRESS POINT, SPRINGFIELD MO 65802
Dana L Nichols officer: EVP, Chief Credit Officer 2410 BEVER AVENUE SE, CEDAR RAPIDS IA 52403
Anne E Howard officer: SVP, Dir Of Human Resources 5107 GREYSTONE DRIVE, BETTENDORF IA 52722