Investing.com - Commerce Bancshares reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.94 on revenue of $355.36. Analysts polled by Investing.com anticipated EPS of $0.9318 on revenue of $351.59M. .
For the year, Commerce Bancshares shares are up 6.43%, outperforming the Nasdaq which is down 7.27% year to date.
Commerce Bancshares follows other major Financial sector earnings this month
On Friday, JPMorgan reported fourth quarter EPS of $3.33 on revenue of $29.26B, compared to forecasts of EPS of $3.01 on revenue of $29.78B.
Wells Fargo&Co earnings beat analyst's expectations on Friday, with fourth quarter EPS of $1.38 on revenue of $20.86B. Investing.com analysts expected EPS of $1.11 on revenue of $18.84B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar