Commerce Bancshares Echoes Q1 Earnings Theme of Resilience
merce Bancshares(CBSH) PYMNTS·2024-04-16 16:29
Commerce Bancshares, one of the Midwest’s strongest regional banks, joined the chorus of Q1 results reporting Tuesday (April 16) and sounded the theme of resiliency. Tipping its hat to the high interest rates and cautious consumer spending outlook that has dominated bank reporting over the past week, the company posted better than expected first-quarter earnings, citing solid consumer credit management as it continues to focus on liquidity.“Commerce delivered a strong financial performance for the first qua ...