Commerce Bancshares Reports Q2 GAAP EPS and Revenue Exceeding Estimates

Commerce Bancshares (CBSH) reported second-quarter GAAP earnings per share of $1.10, beating estimates by $0.04, with revenue reaching $498.91 million, surpassing expectations by $7.57 million and growing year-over-year by 11.9%. The company also noted a slight increase in average loan balances.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

Commerce Bancshares Reports Q2 GAAP EPS and Revenue Exceeding Estimates

Tickers: $CBSH

Topics: Banking Earnings Financial Performance

Read the full article at Seeking Alpha

More World news