Recap: Commerce Bancshares Q3 Earnings

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.

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.

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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