Balance Sheet StrengthThe balance sheet showed robust deposit growth with continued mix shift, declining loans, and higher cash and securities.
Financial PerformanceCBSH remains among the favorites of defensive names owing to a combination of a diverse revenue stream and a track record of sustainable credit results.
Investment StrategyCBSH deployed some of its excess liquidity to add new securities, buying $976 million of securities at an average yield of 3.87%.