Recap: Commerce Bancshares Q3 Earnings

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Commerce Bancshares CBSH reported its Q3 earnings results on Tuesday, October 18, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Commerce Bancshares missed estimated earnings by 0.97%, reporting an EPS of $1.02 versus an estimate of $1.03.

Revenue was up $33.34 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 0.81% drop in the share price the next day.

Here's a look at Commerce Bancshares's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.95 0.88 0.94 0.99
EPS Actual 0.96 0.97 0.94 1.05
Revenue Estimate 361.34M 347.91M 353.46M 349.85M
Revenue Actual 371.81M 340.56M 355.36M 351.54M

To track all earnings releases for Commerce Bancshares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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