MOLINE, Ill. (AP) _ QCR Holdings Inc. (QCRH) on Wednesday reported fourth-quarter net income of $18.3 million.

The Moline, Illinois-based bank said it had earnings of $1.14 per share. Earnings, adjusted for non-recurring costs, were $1.20 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The bank holding company posted revenue of $81.9 million in the period. Its revenue net of interest expense was $75.7 million, which also topped Street forecasts.

For the year, the company reported profit of $60.6 million, or $3.80 per share. Revenue was reported as $280.7 million.

QCR Holdings shares have decreased slightly more than 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $38.25, a decrease of 10% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QCRH at https://www.zacks.com/ap/QCRH

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