Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share of $1.07
Commerce Bancshares, Inc. (CBSH)
Last commerce bancshares, inc. earnings: 4/28 06:00 am
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investor.commercebank.com/presentations
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Source: Business Wire
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $1.07 per share for the three months ended September 30, 2024, compared to $.92 per share in the same quarter last year and $1.07 per share in the second quarter of 2024. Net income for the third quarter of 2024 amounted to $138.0 million, compared to $120.6 million in the third quarter of 2023 and $139.6 million in the prior quarter.For the nine months ended September 30, 2024, earnings per share totaled $3.00, compared to $2.80 for the first nine months of 2023. Net income amounted to $390.2 million for the nine months ended September 30, 2024, compared to $367.8 million in the comparable period last year. For the year to date, the return on average assets was 1.71%, and the return on average equity was 16.92%.In announcing these results, John Kemper, President and Chief Executive Officer, said, “We are pleased with our third quarter results, which exemplify our diversified operating model and the
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CBSH
News
- Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common StockBusiness Wire
- Commerce Bancshares, Inc. (NASDAQ: CBSH) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Gear Up for Commerce (CBSH) Q3 Earnings: Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Commerce Bancshares, Inc. (NASDAQ: CBSH) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- High Rates & Loan Demand Aid Commerce Bancshares Amid Rising Expenses [Yahoo! Finance]Yahoo! Finance
CBSH
Earnings
- 10/17/24 - Beat
CBSH
Sec Filings
- 11/20/24 - Form 4
- 11/18/24 - Form 144
- 11/15/24 - Form 4
- CBSH's page on the SEC website