Commerce Bancshares (CBSH) Tops Q4 EPS by 14c

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Go back to Commerce Bancshares (CBSH) Tops Q4 EPS by 14c

Commerce Bancshares, Inc. Reports Record Fourth Quarter Earnings of $94 Million

January 18, 2018 7:00 AM EST

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. (NASDAQ: CBSH) announced record earnings of $.86 per common share for the three months ended December 31, 2017 compared to $.65 per share in the same quarter last year and $.67 per share in the prior quarter. Net income attributable to Commerce Bancshares, Inc. for the fourth quarter amounted to $94.4 million, compared to $71.6 million in the fourth quarter of 2016 and $74.6 million in the prior quarter. There were several extraordinary items which occurred in the 4th quarter, including a previously announced $25 million contribution of appreciated... More