Commerce Bancshares (CBSH) Tops Q3 EPS by 4c
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Commerce Bancshares, Inc. Announces Third Quarter Earnings Per Common Share of $.66
October 14, 2015 7:00 AM EDTKANSAS CITY, Mo.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. (NASDAQ: CBSH) announced earnings of $.66 per common share for the three months ended September 30, 2015 compared to $.75 per share in the prior quarter and $.69 per share in the third quarter of 2014. Net income attributable to Commerce Bancshares, Inc. for the third quarter amounted to $64.6 million, compared to $74.4 million in the prior quarter and $68.2 million in the same quarter last year. For the quarter, the return on average assets was 1.09%, the return on average common equity was 11.25% and the efficiency ratio was 62.5%.
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