Reports Q3 revenue $440.97M, consensus $447.55M. In making this announcement, John Kemper, Chief Executive Officer, said, “Commerce delivered another strong quarter, underscoring the resilience of our diversified operating model and the dedication of our talented team. Our third quarter results reflect steady loan balances, robust fee income, and disciplined expense management, all of which contributed to another period of high profitability.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBSH:
- FineMark shareholders approve Commerce Bancshares merger
- Commerce Bancshares initiated with an Outperform at Hovde Group
- Commerce Bancshares price target raised to $70 from $66 at Morgan Stanley
- Commerce Bancshares price target lowered to $65 from $69 at Wells Fargo
- Commerce Bancshares initiated with a Hold at TD Cowen