Commerce Bancshares (CBSH) Tops Q4 EPS by 3c
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Commerce Bancshares, Inc. Announces First Quarter Earnings Per Common Share of $.61
April 13, 2015 7:01 AM EDTKANSAS CITY, Mo.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. (NASDAQ: CBSH) announced earnings of $.61 per common share for the three months ended March 31, 2015 compared to $.62 per share in the prior quarter and $.64 per share in the first quarter of 2014. Net income attributable to Commerce Bancshares, Inc. for the first quarter amounted to $61.1 million, compared to $62.7 million in the prior quarter and $64.3 million in the same quarter last year. For the quarter, the return on average assets was 1.05%, the return on average common equity was 10.7% and the efficiency ratio was 64.6%.
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