Investing.com - Commerce Bancshares reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.97 on revenue of $340.56M. Analysts polled by Investing.com anticipated EPS of $0.8743 on revenue of $347.51M. .
For the year, Commerce Bancshares shares are up 2.52%, outperforming the Nasdaq which is down 14.78% year to date.
Commerce Bancshares follows other major Financial sector earnings this month
On Wednesday, April 13, 2022, JPMorgan reported first quarter EPS of $2.63 on revenue of $30.72B, compared to forecasts of EPS of $2.69 on revenue of $30,856M.
Bank of America earnings beat analyst's expectations on Monday, with first quarter EPS of $0.8 on revenue of $23.23B. Investing.com analysts expected EPS of $0.7492 on revenue of $23.18B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar