Commerce Bancshares (CBSH) Reports In-Line Q4 EPS

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Commerce Bancshares, Inc. Reports Fourth Quarter Earnings Per Share of $.94

January 19, 2022 6:00 AM EST

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. announced earnings of $.94 per share for the three months ended December 31, 2021, compared to $1.05 per common share in the same quarter last year and $.99 per share in the third quarter of 2021. Net income attributable to Commerce Bancshares, Inc. (net income) for the fourth quarter of 2021 amounted to $114.9 million, compared to $129.9 million in the fourth quarter of 2020 and $122.6 million in the prior quarter.

In announcing these results, John Kemper, Chief Executive Officer, said, Commerce had a strong quarter to close out 2021, reflecting a growing economy and a resilient customer base.... More