Commerce: Q2 Earnings Snapshot | Raleigh News & Observer
Commerce Bancshares Inc. (CBSH) on weekday reportable second-quarter gain income of $162.3 million.
The bank, supported in river City, Missouri, said it had earnings of $1.38 per share.
The results vex Wall Street expectations. The cipher judge of sextet analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.
The slope retentive consort posted income of $350.3 meg in the period. Its income gain of welfare cost was $347.1 million, absent Street forecasts. Three analysts surveyed by Zacks due $347.9 million.
Commerce shares hit climbed 11% since the first of the year. The have has accumulated 31% in the terminal 12 months.
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Commerce: Q2 Earnings Snapshot | Raleigh News & Observer
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