US regional banks QCR and Bridgewater beat Q3 profit estimates
QCR Holdings and Bridgewater Bancshares both beat third-quarter adjusted EPS estimates on wider margins and loan growth, Reuters reported, citing LSEG data.
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what happened
QCR Holdings reported adjusted earnings of $2.21 per share against a consensus of $2.09 from six analysts. Net income came in at $36.4 million, above the $34.41 million expected. The company credited a record quarter to a 3 basis point rise in net interest margin, to 3.58% TEY, and 11% annualized loan growth excluding runoff in its M2 portfolio. It also repurchased $9.5 million of shares during the quarter.
Bridgewater Bancshares posted adjusted EPS of $0.49, ahead of the $0.47 estimate from four analysts. Net interest income rose on loan and investment portfolio growth at higher yields, and core deposits increased. Net income was $15 million and net interest income was $40.7 million. The figures come from Reuters reports based on LSEG and company data.
why it matters
For markets, the results suggest smaller US regional banks are still holding margins and expanding loans. Both reports cover individual companies, so the effect on the sector as a whole is limited, but they show how banks are using higher rates to lift income.
tags
instruments
sources
- QCR Holdings Q3 adjusted EPS beats analyst estimates — Reuters, 20 October 2026 at 20:12 UTC
- Bridgewater Bancshares Q3 adjusted EPS beats estimates — Reuters, 20 October 2026 at 20:25 UTC
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