Investing.com - Commerce Bancshares reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.96 on revenue of $371.81M. Analysts polled by Investing.com expected EPS of $0.9229 on revenue of $360.95M. .
For the year, Commerce Bancshares shares are down 1.27%, outperforming the Nasdaq which is down 23.95% year to date.
Commerce Bancshares follows other major Financial sector earnings this month
On Thursday, July 14, 2022, JPMorgan reported second quarter EPS of $2.76 on revenue of $30.72B, compared to forecasts of EPS of $2.89 on revenue of $31.81B.
Bank of America earnings missed analyst's expectations on Monday, with second quarter EPS of $0.73 on revenue of $22.69B. Investing.com analysts expected EPS of $0.7485 on revenue of $22.72B
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