Raymond James Downgrades Commerce Bancshares (CBSH) to Underperform
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Commerce Bancshares (CBSH) Tops Q2 EPS by 12c, Revenues Beat
July 12, 2018 6:02 AM EDTCommerce Bancshares (NASDAQ: CBSH) reported Q2 EPS of $1.01, $0.12 better than the analyst estimate of $0.89. Revenue for the quarter came in at $335.81 million versus the consensus estimate of $321.9 million.
Record earnings of $1.01 per common share for the three months ended June 30, 2018 compared to $.71 per share in the same quarter last year and $.92 per share in the prior quarter. Net income attributable to Commerce Bancshares, Inc. for the second quarter amounted to $110.3 million, compared to $79.0 million in the second quarter of 2017 and $101.0 million in the prior quarter.... More