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QCR Holdings (QCR Holdings) Sloan Ratio % : 5.70% (As of Dec. 2023)


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What is QCR Holdings Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

QCR Holdings's Sloan Ratio for the quarter that ended in Dec. 2023 was 5.70%.

As of Dec. 2023, QCR Holdings has a Sloan Ratio of 5.70%, indicating the company is in the safe zone and there is no funny business with accruals.


QCR Holdings Sloan Ratio % Historical Data

The historical data trend for QCR Holdings's Sloan Ratio % 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 Sloan Ratio % Chart

QCR Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.90 11.44 6.93 7.74 5.70

QCR Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Sloan Ratio % 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 6.77 8.74 7.51 5.70 -

Competitive Comparison of QCR Holdings's Sloan Ratio %

For the Banks - Regional subindustry, QCR Holdings's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


QCR Holdings's Sloan Ratio % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, QCR Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where QCR Holdings's Sloan Ratio % falls into.



QCR Holdings Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

QCR Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(113.558-376.323
--749.269)/8538.894
=5.70%

QCR Holdings's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(113.558-376.323
--749.269)/8538.894
=5.70%

QCR Holdings's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 27.157 (Mar. 2023 ) + 28.425 (Jun. 2023 ) + 25.121 (Sep. 2023 ) + 32.855 (Dec. 2023 ) = $113.6 Mil.
QCR Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 21.764 (Mar. 2023 ) + 38.693 (Jun. 2023 ) + 24.892 (Sep. 2023 ) + 290.974 (Dec. 2023 ) = $376.3 Mil.
QCR Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -117.44 (Mar. 2023 ) + -123.137 (Jun. 2023 ) + -185.924 (Sep. 2023 ) + -322.768 (Dec. 2023 ) = $-749.3 Mil.

* 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.


QCR Holdings  (NAS:QCRH) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Dec. 2023, QCR Holdings has a Sloan Ratio of 5.70%, indicating the company is in the safe zone and there is no funny business with accruals.


QCR Holdings Sloan Ratio % 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

QCR Holdings (QCR Holdings) Headlines