MOLINE, Ill. (AP) — MOLINE, Ill. (AP) — QCR Holdings Inc. (QCRH) on Tuesday reported first-quarter profit of $26.7 million.

The Moline, Illinois-based bank said it had earnings of $1.58 per share. Earnings, adjusted for non-recurring costs, came to $1.59 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.

The bank holding company posted revenue of $141.9 million in the period. Its revenue net of interest expense was $81.6 million, missing Street forecasts. Three analysts surveyed by Zacks expected $82.8 million.

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