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 $1.11 on revenue of $345.5M. Analysts polled by Investing.com forecast EPS of $0.71 on revenue of $335.51M. .
For the year, Commerce Bancshares shares are down 13.87%, under-performing the Nasdaq which is up 27.93% year to date.
Commerce Bancshares follows other major Financial sector earnings this month
On Wednesday, October 14, 2020, UnitedHealth reported third quarter EPS of $3.51 on revenue of $65.12B, compared to forecasts of EPS of $3.11 on revenue of $63.79B.
JPMorgan earnings beat analyst's expectations on Tuesday, October 13, 2020, with third quarter EPS of $2.92 on revenue of $29.94B. Investing.com analysts expected EPS of $2.23 on revenue of $28.22B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar