Investing.com - Commerce Bancshares reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.05 on revenue of $351.5M. Analysts polled by Investing.com anticipated EPS of $0.9847 on revenue of $349.86M. .
For the year, Commerce Bancshares shares are up 8.98%, under-performing the Nasdaq which is up 16.55% year to date.
Commerce Bancshares follows other major Financial sector earnings this month
On Wednesday, October 13, 2021, JPMorgan reported third quarter EPS of $3.74 on revenue of $30.44B, compared to forecasts of EPS of $3 on revenue of $29.79B.
UnitedHealth earnings beat analyst's expectations on Thursday, with third quarter EPS of $4.52 on revenue of $72.34B. Investing.com analysts expected EPS of $4.42 on revenue of $71.38B
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