Commerce Bancshares, Inc. Reports Fourth Quarter Earnings Per Share of $.96
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Commerce Bancshares (CBSH) Tops Q4 EPS by 2c, Revenues Beat
January 17, 2019 6:01 AM ESTCommerce Bancshares (NASDAQ: CBSH) reported Q4 EPS of $0.96, $0.02 better than the analyst estimate of $0.94. Revenue for the quarter came in at $345.31 million versus the consensus estimate of $337.64 million.
In making this announcement, John Kemper, Chief Executive Officer, said, This quarter we continued to see strong earnings performance as revenue increased $13.8 million, while expenses and credit costs were well controlled. Compared to the prior quarter, net interest income increased $4.5 million, while our net interest margin... More
