Michael Peterson - QCR Holdings Independent Director

QCRH Stock  USD 57.29  0.29  0.51%   

Director

Mr. Michael Lawrence Peterson serves as an Independent Director of QCR Holdings, Inc. Mr. Peterson is owner and President of Peterson Genetics, Inc., based in Cedar Falls, Iowa, providing soybean genetics to seed companies worldwide for over 25 years. Mr. Peterson is a graduate of Iowa State University with a B.S. in Agricultural Business. He is a past President of the Iowa Seed Association, past Chair of the Soybean Division of the American Seed Trade Association and past chairman of the American Seed Trade Association. He has served on numerous local boards in the WaterlooCedar Falls community, along with various board positions at Iowa State University. He also served on the University of Northern Iowa Foundation board from 20072012, ultimately serving as VicePresident and FinanceInvestment committee chair since 2013.
Age 56
Tenure 11 years
Address 3551 7th Street, Moline, IL, United States, 61265
Phone309 736 3580
Webhttps://www.qcrh.com
Peterson is also the past Chair of Community National Bank, which was acquired by QCR Holdings in 2013.

QCR Holdings Management Efficiency

The company has return on total asset (ROA) of 0.0136 % which means that it generated a profit of $0.0136 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1324 %, meaning that it created $0.1324 on every $100 dollars invested by stockholders. QCR Holdings' management efficiency ratios could be used to measure how well QCR Holdings manages its routine affairs as well as how well it operates its assets and liabilities. As of now, QCR Holdings' Return On Tangible Assets are increasing as compared to previous years. The QCR Holdings' current Return On Assets is estimated to increase to 0.01, while Return On Capital Employed is forecasted to increase to (0). As of now, QCR Holdings' Non Currrent Assets Other are increasing as compared to previous years. The QCR Holdings' current Total Current Assets is estimated to increase to about 320.3 M, while Other Current Assets are projected to decrease to under 278.4 M.
The company currently holds 722.39 M in liabilities with Debt to Equity (D/E) ratio of 10.48, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist QCR Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, QCR Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like QCR Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for QCR to invest in growth at high rates of return. When we think about QCR Holdings' use of debt, we should always consider it together with cash and equity.

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QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company was founded in 1993 and is headquartered in Moline, Illinois. Qcr Holdings operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 956 people. QCR Holdings (QCRH) is traded on NASDAQ Exchange in USA. It is located in 3551 7th Street, Moline, IL, United States, 61265 and employs 986 people. QCR Holdings is listed under Regional Banks category by Fama And French industry classification.

Management Performance

QCR Holdings Leadership Team

Elected by the shareholders, the QCR Holdings' board of directors comprises two types of representatives: QCR Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of QCR. The board's role is to monitor QCR Holdings' management team and ensure that shareholders' interests are well served. QCR Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, QCR Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
JohnPaul Besong, Director
Linda Neuman, Independent Director
Michael Peterson, Independent Director
Reba Winter, Executive COO
Ronald Peterson, Independent Director
Lindsay Corby, Independent Director
Mark Kilmer, Independent Director
Robert Fulp, CEO of Springfield First Community Bank
James Brownson, Chairman, Secretary of Quad City Bank and Trust, Director of Quad City Bank and Trust, Chairman of Executive Committee, Chairman of Nomination and Governance Committee, Member of Audit Committee, Member of Compensation Committee, Member of Strategic Direction Committee and Member of Risk Oversight Committee
Timothy OReilly, Independent Director
Dana Nichols, Executive Vice President Chief Credit Officer
Nick Anderson, Senior Officer
Michael Bauer, Consultant CoFounder
Christopher Lindell, Executive Vice President - Corporate Communications and Investor Relations, Corporate Secretary
Todd Gipple, CFO, COO, Executive VP, Director, Member of Risk Oversight Committee and Member of Strategic Direction Committee
George Ralph, Independent Director
Thomas Budd, President and CEO of Rockford Bank and Trust
Anne Howard, Senior Vice President of Human Resources
Monte McNew, Chief Officer
Tonia Taylor, Senior Compliance
John Anderson, President and CEO of Quad City Bank and Trust
Marie Ziegler, Independent Director
Donna Sorensen, Independent Director
Mary Bates, Independent Director
Larry Helling, Director, Member of Risk Oversight Committee, Member of Strategic Direction Committee, CEO of Cedar Rapids Bank and Trust and President of Cedar Rapids Bank and Trust and Director of Cedar Rapids Bank and Trust
Patrick Baird, Independent Vice Chairman of the Board
Shellee Showalter, IR Contact Officer
Randolph CFA, Chief VP
Kurt Gibson, President and CEO of Community State Bank
Douglas Hultquist, CEO and President Director, Member of Strategic Direction Committee and Member of Risk Oversight Committee

QCR Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is QCR Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards QCR Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, QCR Holdings' short interest history, or implied volatility extrapolated from QCR Holdings options trading.

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When determining whether QCR Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of QCR Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qcr Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qcr Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QCR Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in QCR Stock please use our How to Invest in QCR Holdings guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running QCR Holdings' price analysis, check to measure QCR Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy QCR Holdings is operating at the current time. Most of QCR Holdings' value examination focuses on studying past and present price action to predict the probability of QCR Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move QCR Holdings' price. Additionally, you may evaluate how the addition of QCR Holdings to your portfolios can decrease your overall portfolio volatility.
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Is QCR Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of QCR Holdings. If investors know QCR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about QCR Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
0.24
Earnings Share
6.71
Revenue Per Share
20.139
Quarterly Revenue Growth
(0)
The market value of QCR Holdings is measured differently than its book value, which is the value of QCR that is recorded on the company's balance sheet. Investors also form their own opinion of QCR Holdings' value that differs from its market value or its book value, called intrinsic value, which is QCR Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because QCR Holdings' market value can be influenced by many factors that don't directly affect QCR Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between QCR Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if QCR Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QCR Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.