From TokenPost · · 30s
Commerce Bancshares Beats Earnings Estimate
Commerce Bancshares beats third-quarter earnings estimate by 1 cent.
In brief
Commerce Bancshares beats third-quarter earnings estimate by 1 cent. Commerce Bancshares reported third-quarter earnings of $1.08 per share, exceeding estimates by 1 cent. Originally reported by TokenPost.
Commerce Bancshares
Commerce Bancshares delivered third-quarter GAAP earnings of $1.08 per share, beating estimates by 1 cent.
Revenue Growth
Revenue reached $494.3 million, up 12.1% from the year-earlier quarter but $1.93 million below estimates.
Net Interest Income
Net interest income fell $6.2 million to $308.9 million, with net yield declining six basis points to 3.71%.
In short
Commerce Bancshares reported third-quarter earnings of $1.08 per share, exceeding estimates by 1 cent.
