Commerce Bancshares (CBSH) Beats Q3 Earnings and Revenue Estimates

Commerce Bancshares (CBSH) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7%. A quarter ago, it was expected that this bank holding company would post earnings of $0.90 per share when it actually produced earnings of $1.07, delivering a surprise of 18.89%. Over the last four quarters, ...