Investing.com - Commerce Bancshares reported third quarter earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.02 on revenue of $384.80. Analysts polled by Investing.com forecast EPS of $1.05 on revenue of $384.2M. .
For the year, Commerce Bancshares shares are up 5.62%, outperforming the Nasdaq which is down 31.76% year to date.
Commerce Bancshares follows other major Financial sector earnings this month
On Friday, JPMorgan reported third quarter EPS of $3.12 on revenue of $32.7B, compared to forecasts of EPS of $2.92 on revenue of $32.13B.
Bank of America earnings beat analyst's expectations on Monday, with third quarter EPS of $0.81 on revenue of $24.5B. Investing.com analysts expected EPS of $0.78 on revenue of $23.56B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar