One stock that might be an intriguing choice for investors right now is Commerce Bancshares, Inc. (CBSH) . This is because this security in the Banks - Midwest space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the B ...

Shares of Commerce Bancshares Inc. (CBSH) gained 2.1% following the release of its fourth-quarter and 2023 results. Quarterly earnings per share of 84 cents surpassed the Zacks Consensus Estimate of 82 cents. However, the bottom line decreased 16% from the prior-year quarter.Results benefited from a rise in non-interest income and lower provisions. Also, the company recorded a sequential improvement in loan balances in the quarter. However, a decline in net interest income (NII) and higher expenses were the ...

KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $.84 per share for the three months ended December 31, 2023, compared to $1.00 per share in the same quarter last year and $.92 per share in the third quarter of 2023. Net income for the fourth quarter of 2023 amounted to $109.2 million, compared to $131.6 million in the fourth quarter of 2022 and $120.6 million in the prior quarter. “We are pleased with our fourth quarter results," said John Kemper, President and Chief Ex ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------|-------|---------------|-----------------------|------------------|-------------|---------------------------------|-------------|-------------|------------------------------------------|------------| | (In thousands) | | 2022 | Term Loans \n2021 | Amortized \n2020 | Cost | Basis by Origination \n2019 | Year \n2018 | Prior | Revolving \nLoans Amortized Cost Basis | Total | | | | | | | | | | | | | | December ...

4. Goodwill and Other Intangible Assets 5. Guarantees All benefits accrued under the Company's defined benefit pension plan have been frozen since January 1, 2011. During the first six months of 2023, the Company made no funding contributions to its defined benefit pension plan and made minimal funding contributions to a supplemental executive retirement plan (the CERP), which carries no segregated assets. | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------- ...

| --- | --- | --- | --- | --- | --- | --- | |-------------------------------------|-------|----------------|------------|------------|-----------|------------| | | | | | | | | | December 31, 2022 | | | | | | | | Commercial: | | | | | | | | Business | $ | 5,652,710 $ | 1,759 $ | 505 $ | 6,751 $ | 5,661,725 | | Real estate – construction and land | | 1,361,095 | — | — | — | 1,361,095 | | Real estate – business | | 3,406,207 | 585 | — | 189 | 3,406,981 | | Personal Banking: | | | | | | | | Real estate – person ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ________________________________________________________ For the Fiscal Year Ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ________________________________________________________ For the transition period from to Commission File No. 001-3650 ...

A global leader in providing banking solutions, leads the industry in R&D investments. Consistently ranked as a leader in banking software by IT research firms such as U.S.-based Gartner and Forrester and U.K.-based IBS Intelligence. 16 | --- | --- | --- | --- | |---------------------------------|-----------------------------------|---------------------------------------------|-----------------------| | Commerce (3Q2015 – 2Q2019) | Before Fed Rate Increases \n.12% | End of Fed Rate Increases / Current \n.38 ...

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, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR | --- | --- | --- | --- | --- | |---------------|----------------------------------|--------------------|----- ...

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 June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ____________________________________________________________ OR For the transition period from to Commission File No. ...