Commerce Bancshares (CBSH) Beats Q4 Earnings and Revenue Estimates

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 ...