Latest news with #Moline
Yahoo
02-07-2025
- Business
- Yahoo
QCR Holdings, Inc. to Report Second Quarter 2025 Financial Results
MOLINE, Ill., July 02, 2025 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) ('QCRH' or the 'Company') announced today that its second quarter ended June 30, 2025, financial results will be released after the market closes on Wednesday, July 23, 2025. The Company will host a conference call and webcast the next day, Thursday, July 24, 2025, at 10:00 a.m. Central Time to discuss the results. Shareholders, analysts, and other interested parties are invited to join. Teleconference: Dial-in information for the call is 888-346-9286 (international 412-317-5253). Participants should request to join the QCR Holdings, Inc. call. The event will be archived and available for replay through July 31, 2025. The replay access information is 877-344-7529 (international 412-317-0088); access code 8414968. Webcast: A webcast of the teleconference can be accessed at the Company's News and Events page at An archived version of the webcast will be available at the same location shortly after the live event has ended. About QCR Holdings, Inc. QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny and Springfield communities through its wholly owned subsidiary banks. The banks provide full-service commercial and consumer banking and trust and wealth management services. Quad City Bank & Trust Company, based in Bettendorf, Iowa, commenced operations in 1994, Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, commenced operations in 2001, Community State Bank, based in Ankeny, Iowa, was acquired by the Company in 2016, and Guaranty Bank, based in Springfield, Missouri, was acquired by the Company in 2018. Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company. The Company has 36 locations in Iowa, Missouri, and Illinois. As of March 31, 2025, the Company had $9.2 billion in assets, $6.8 billion in loans and $7.3 billion in deposits. For additional information, please visit the Company's website at Contacts: Nick W. AndersonChief Financial Officer(309) 743-7707nanderson@
Yahoo
23-06-2025
- Business
- Yahoo
IHMVCU Launches In-House Buy Now, Pay Later for More Member Flexibility
Members can now split purchases over time using their IHMVCU debit card and checking account MOLINE, Ill., June 23, 2025 /PRNewswire/ -- IH Mississippi Valley Credit Union (IHMVCU), headquartered in Moline, IL, and serving more than 143,000 members with over $2.1 billion in assets, has introduced a Buy Now, Pay Later (BNPL) option to its digital banking lineup. This new feature enhances IHMVCU's commitment to financial flexibility by providing members with even more convenient and accessible tools within their digital banking experience. To power its BNPL solution, IHMVCU has partnered with equipifi, a leading platform built specifically for financial institutions. Through this integration, members can easily view and accept personalized, pre-qualified BNPL offers directly within their digital banking experience, with funds deposited into their checking account within minutes. The program is designed to support members throughout their entire shopping journey – offering a pre-purchase option for accessing additional funds in advance, as well as a post-purchase feature that transforms eligible debit card transactions into manageable installment payments. "IHMVCU is dedicated to providing our members with convenient financial solutions tailored to their unique paths toward financial success," said Brian Laufenberg, President and CEO of IHMVCU. "By launching an in-house BNPL with equipifi, we're empowering our members with flexible, secure, and convenient options, giving them greater confidence and peace of mind as they manage their everyday finances." "BNPL is a powerful tool when provided by credit unions because it creates financial flexibility and opportunities for their entire membership in a way that is safe and tailored for individual members," said Bryce Deeney, co-founder and CEO of equipifi. "By launching the solution in their digital banking experience, credit unions like IHMVCU are positioning themselves to better serve their members, from everyday budgeting decisions to unexpected expenses." More than sixty credit unions have introduced their own Buy Now, Pay Later (BNPL) offerings to members. According to equipifi data, over 81% of users continue to utilize BNPL into their second year, with overall usage rising by 38%. In the U.S., BNPL adoption is expected to grow at a compound annual rate of 25.5% between 2022 and 2026. About IHMVCUIHMVCU Credit Union is over 143,000 members strong and has over $2B in assets. Our continued growth is a direct result of the trust our members place in us and the advantages we provide to them. For more information, visit About Equipifiequipifi is the leading Buy Now, Pay Later (BNPL) platform for financial institutions in the United States. This is a white label solution designed to align with consumer purchase habits, payment preferences, and financial goals. The Equipifi platform seamlessly integrates with leading banking cores and digital banking platforms to deepen customer engagement, grow market share, increase revenue, and provide a single place to view, accept, and manage BNPL plans on their existing banking app. For more information, please visit View original content to download multimedia: SOURCE equipifi
Globe and Mail
04-06-2025
- Business
- Globe and Mail
John Deere Recognized as Top Community-Minded Company in the U.S. for Fourth Straight Year
Record-breaking community contributions earn national acclaim in The Civic 50 MOLINE, Ill., June 4, 2025 /CNW/ -- John Deere employees have once again set new records in volunteerism over the past year, demonstrating an unwavering commitment to community giving.
Globe and Mail
28-05-2025
- Business
- Globe and Mail
Deere & Company Announces Quarterly Dividend
MOLINE, Ill. , May 28, 2025 /CNW/ -- The Deere & Company (NYSE: DE) Board of Directors today declared a quarterly dividend of $1.62 per share payable August 8, 2025 , to stockholders of record on June 30, 2025 .
Epoch Times
16-05-2025
- Business
- Epoch Times
Deere Tops Earnings Estimates, Reaffirms Focus on US Manufacturing
John Deere's revenue and earnings dropped in the second quarter of fiscal year 2025 due to a global decline in sales, but beat expectations. The company reaffirmed its guidance for the rest of the fiscal year, continuing to embrace local American manufacturing. On May 15, the Moline, Illinois-based agricultural and construction equipment maker reported net income of $1.804 billion for the second quarter ended April 27, or $6.64 per share, exceeding market forecasts. That compares with net income of $2.370 billion, or $8.53 per share, for the same quarter a year earlier. Net income was $2.673 billion, or $9.82 per share, for the first six months of the fiscal year, down from $4.121 billion, or $14.74 per share, for the same period last year. Globally, net sales and revenue dropped 16 percent, to $12.763 billion, in the second quarter, also beating market forecasts. 'As we navigate the current environment, our customers remain our top priority,' said John May, chairman and CEO of John Deere. 'I'm incredibly proud of our team's execution this quarter, delivering exceptional performance despite challenging market dynamics.' Meanwhile, the company kept its full-year revenue outlook at $4.75 billion to $5.50 billion, though slightly broader than the one provided in February. It also expects cash flow from equipment operations to remain between $4.5 billion and $5.5 billion, keeping its guidance steady despite market volatility. Related Stories 4/22/2025 4/29/2025 'Despite the near-term market challenges, we remain confident in the future,' May said. 'Our commitment to delivering value for our customers includes ongoing investment in advanced products, solutions, and manufacturing capabilities. 'Over the next decade, we will continue to invest significantly in our core U.S. market, underscoring our dedication to innovation and growth while focusing on remaining cost-competitive in a global market.' John Deere's shares rose 3.78 percent during the May 15 trading session. Over the past five years, the stock has risen nearly 310 percent, outperforming the S&P 500 Index, which has gained more than 106 percent over the same period. Meanwhile, the company continues to embrace its American manufacturing heritage. It produces its products mostly at home, close to the farming markets it serves, with factories mostly in Iowa, Georgia, Illinois, Louisiana, and Wisconsin. During the earnings call, May touted 'Smart Industrial,' the company's strategy of combining advanced technology with manufacturing. 'We will continue to invest capital robustly in R&D to bring these integrated solutions to market, enhancing our global competitiveness. I'm proud that this innovative work will build on our American roots, and we are prepared to invest $20 billion in the U.S.' Meanwhile, the company noted that its profit margins surpassed projections despite tariff headwinds thanks to better-than-expected sales and lower production costs from efficiency gains in its material sourcing and factory operations. That could change in the second half of the year, as global uncertainty continues to weigh on customer sentiment across business segments and markets. 'While the top end of our fiscal '25 outlook remains relatively unchanged from prior guidance, a fluid tariff environment has broadened our guidance range as we actively work to mitigate impacts to both our customers and Deere,' May said.
