QCRH - QCR Holdings, Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$112.67
DETAILS
HIGH:
$123.00
LOW:
$105.00
MEDIAN:
$110.00
CONSENSUS:
$112.67
UPSIDE:
15.01%
AlphaVal
Deterministic, archetype-aware fair value
Banks, Insurers & Asset Managers
85% confidence
Primary model: P/Tangible Book × ROE Quality
Adjust Assumptions
13.2%
8.4%
Key Value Driver
ROTCE (13.2%) vs. cost of equity (8.4%)
Implied Market Multiple
1.67x
Plain-Language Summary
With ROTCE of 13.2% vs. 8.4% cost of equity, fair P/TBV is 2.08x on $58.49 tangible book, implying $121.38 per share.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (8 analysts)
$112.67
Analyst Range
$105.00 – $123.00
Divergence from AlphaVal
8%
Warnings
Traditional cash flow models don't work well for banks — lending activity distorts how much cash the business actually generates.
Common valuation shortcuts don't apply here — for banks, interest payments are a core business cost, not overhead.
Key Risks
- Book value quality matters as much as level — check loan loss reserves
- Interest rate sensitivity creates non-linear earnings surprises
- Insurance reserving is actuarial, not financial — errors emerge slowly