Commerce Bancshares, Inc. Reports Second Quarter Earnings Per Share of $.34

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Commerce Bancshares (CBSH) Misses Q2 EPS by 19c

July 21, 2020 6:02 AM EDT

Commerce Bancshares (NASDAQ: CBSH) reported Q2 EPS of $0.34, $0.19 worse than the analyst estimate of $0.53.

In announcing these results, John Kemper, Chief Executive Officer, said, While uncertainty surrounding the U.S. economy continued throughout the second quarter, we are cautiously optimistic about its resilience and encouraged by the strength of our customers and communities. Businesses have begun to reopen and adapt to the evolving COVID-19 operating environment and customer spending is rebounding from its lows in the second quarter. Commerce has always been committed to standing by our customers in difficult times. As part of... More