Commerce Bancshares ($CBSH) Q1 Profit Outshines Wall Street Estimates

Commerce Bancshares (NASDAQ: CBSH) released its most recent earnings report prior to the start of the market session.

  • Comparing to the previous year, quarterly earnings saw a rise, accompanied by a boost in revenue.
  • The latest financial results indicate quarterly net earnings of $0.98 per share and total revenue of $428.05 million.
  • Analyst consensus predicted earnings of $0.93 per share for the quarter and revenue projections of $418.35 million.
  • The company displayed a 14.0 percent improvement in earnings and a 7.6 percent increase in revenue.
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