Commerce Bancshares CBSH reported operating results of $0.67 per share, relatively in-line with Keefe Bruyette & Woods forecast and consensus.
The quarter was characterized by continued improvement in credit trends including q/q declines in NPAs and NCOs and also higher than expected NIM expansion.
KBW has a $37 PT on CBSH and a Market Perform rating
CBSH closed Thursday at $40.88
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in