For the quarter ended December 2024, Commerce Bancshares (CBSH) reported revenue of $422.08 million, up 7.3% over the same period last year. EPS came in at $1.01, compared to $0.84 in the year-ago quarter.The reported revenue represents a surprise of +1.68% over the Zacks Consensus Estimate of $415.12 million. With the consensus EPS estimate being $0.94, the EPS surprise was +7.45%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...

CBSH 1000 Walnut Street / Suite 700 / Kansas City, Missouri 64106 / 816.234.2000 FOR IMMEDIATE RELEASE: Wednesday, January 22, 2025 COMMERCE BANCSHARES, INC. REPORTS FOURTH QUARTER EARNINGS PER SHARE OF $1.01 Commerce Bancshares, Inc. announced earnings of $1.01 per share for the three months ended December 31, 2024, compared to $.79 per share in the same quarter last year and $1.01 per share in the third quarter of 2024. Net income for the fourth quarter of 2024 amounted to $136.1 million, compared to $109 ...

Commerce Bancshares (CBSH) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.45%. A quarter ago, it was expected that this bank holding company would post earnings of $1 per share when it actually produced earnings of $1.07, delivering a surprise of 7%.Over the last four quarters, the ...

In its upcoming report, Commerce Bancshares (CBSH) is predicted by Wall Street analysts to post quarterly earnings of $0.94 per share, reflecting an increase of 11.9% compared to the same period last year. Revenues are forecasted to be $415.12 million, representing a year-over-year increase of 5.6%.The consensus EPS estimate for the quarter has undergone a downward revision of 2.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed t ...

Commerce Bancshares Inc. (CBSH) shares have been performing remarkably well of late. At present, the stock is trading near its 52-week high of $72.74 hit during Monday’s trading session. Over the past month, CBSH stock has risen 19.9%, outperforming the industry and the Zacks Finance Sector. Also, the company’s shares have performed better than its close peers — Bank OZK (OZK) and Old National Bancorp (ONB) .One-Month Price PerformanceImage Source: Zacks Investment ResearchDoes CBSH stock have more upside l ...

Commerce Bancshares, Inc. (CBSH) has been well-placed for growth on the back of decent loan demand, relatively high rates and a solid balance sheet. However, weakening asset quality and a steady rise in expenses are headwinds.Key Factors Fueling Growth of Commerce BancsharesOrganic Growth Story: CBSH’s organic expansion efforts have been driving its growth. Revenues witnessed a five-year (2018-2023) compound annual growth rate (CAGR) of 3.5%, which was largely driven by strong loan balances (which experienc ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ________________________________________________________ For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | |---------------------------------------|------------------------------------------- ...

Commerce Bancshares Inc. (CBSH) reported its third-quarter 2024 earnings per share of $1.07, which surpassed the Zacks Consensus Estimate of $1. The bottom line also increased 16.3% from the prior-year quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Results benefited from a rise in net interest income (NII) and non-interest income. Also, lower provisions were a tailwind. The company recorded an increase in capital ratios in the quarter. However, an increase in expenses hur ...

Four regional banks said Thursday (Oct. 17) that credit quality remained strong in the third quarter, while reporting mixed results in terms of growth in lending and deposits. Commerce Bancshares, Huntington Bancshares, M&T Bank and S&T Bancorp reported their third-quarter results Thursday. "Credit quality remains excellent," Commerce Bancshares President and CEO John Kemper said in a Thursday earnings release. Commerce Bancshares reported the ratio of non-accrual loans was flat compared to the previous qua ...

Commerce Bancshares (CBSH) reported $421.38 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 7.6%. EPS of $1.07 for the same period compares to $0.91 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $412.85 million, representing a surprise of +2.07%. The company delivered an EPS surprise of +7.00%, with the consensus EPS estimate being $1.00. While investors closely watch year-over-year changes in headline numbers -- revenue and e ...