Commerce Bancshares, Inc. Announces Fourth Quarter Earnings Per Common Share of $.68

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Commerce Bancshares (CBSH) Tops Q4 EPS by 1c

January 18, 2017 7:01 AM EST

Commerce Bancshares (NASDAQ: CBSH) reported Q4 EPS of $0.68, $0.01 better than the analyst estimate of $0.67.

In announcing these results, David W. Kemper, Chairman and CEO, said, "Overall, Commerce saw strong performance in 2016, with loan growth of 8% and growth in earnings per share of 7%. Loan growth was solid this quarter, as average loans grew $231 million, or 7% annualized. This increase resulted from higher business real estate loan... More