Commerce Bancshares (CBSH) Tops Q2 EPS by 7c

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Go back to Commerce Bancshares (CBSH) Tops Q2 EPS by 7c

Commerce Bancshares, Inc. Announces Record Second Quarter Earnings Per Common Share of $.75

July 14, 2015 7:00 AM EDT

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. (NASDAQ: CBSH) announced record earnings of $.75 per common share for the three months ended June 30, 2015 compared to $.61 per share in the prior quarter and $.66 per share in the second quarter of 2014. Net income attributable to Commerce Bancshares, Inc. for the second quarter amounted to $74.4 million, compared to $61.1 million in the prior quarter and $66.5 million in the same quarter last year. For the quarter, the return on average assets was 1.26%, the return on average common equity was 12.9% and the efficiency ratio was 59.4%.

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