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QCR Holdings (QCR Holdings) Intangible Assets : $152.2 Mil (As of Mar. 2024)


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What is QCR Holdings Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. QCR Holdings's intangible assets for the quarter that ended in Mar. 2024 was $152.2 Mil.


QCR Holdings Intangible Assets Historical Data

The historical data trend for QCR Holdings's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

QCR Holdings Intangible Assets Chart

QCR Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.72 85.45 83.42 154.37 152.85

QCR Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 154.47 154.26 153.56 152.85 152.16

QCR Holdings Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


QCR Holdings  (NAS:QCRH) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


QCR Holdings Intangible Assets Related Terms

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QCR Holdings (QCR Holdings) Business Description

Traded in Other Exchanges
Address
3551 7th Street, Moline, IL, USA, 61265
QCR Holdings Inc is a multi-bank holding company. The bank operates through segments namely Commercial Banking, Wealth Management, and all other segments. The commercial bank segment is geographically divided by markets namely QCBT, CRBT, CSB, and SFCB. It generates revenue in the form of interest.
Executives
Marie Z. Ziegler director 2252 SAINT ANDREWS CIRCLE, BETTENDORF IA 52722
Larry J Helling director
Nick W Anderson officer: SVP, Chief Accounting Officer 21428 71ST AVE N, PORT BYRON IL 61275
Nicole A Lee officer: EVP, Chief HR Officer 2397 WRIGHT BROTHERS BLVD E, CEDAR RAPIDS IA 52404
Reba K Winter officer: EVP, COO 3402 RIVER RIDGE CT NE, CEDAR RAPIDS IA 52402
Elizabeth S Jacobs director 2812 DRUID HILL DRIVE, DES MOINES IA 50315
James M. Field director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
John F Griesemer director 4024 E WINDSONG, SPRINGFIELD MO 65809
Mary Kay Bates director PO BOX 349, OKOBOJI IA 51355
Brent R Cobb director 3106 RIMROCK CT NE, CEDAR RAPIDS IA 52402
Todd A Gipple officer: Exec VP/CFO 3551 7TH ST, STE 204, MOLINE IL 61265
John H Anderson officer: President, QCBT 2315 FAIRHAVEN RD, DAVENPORT IA 52803
Monte C Mcnew officer: President & CEO, SFC 3825 E. CYPRESS POINT, SPRINGFIELD MO 65802
Dana L Nichols officer: EVP, Chief Credit Officer 2410 BEVER AVENUE SE, CEDAR RAPIDS IA 52403
Anne E Howard officer: SVP, Dir Of Human Resources 5107 GREYSTONE DRIVE, BETTENDORF IA 52722