Earnings Summary

Commerce Bancshares, Inc.’s revenue jumped 7.43% since last year same period to $400.54Mn in the Q2 2023. On a quarterly growth basis, Commerce Bancshares, Inc. has generated 2.98% jump in its revenue since last 3-months.

Commerce Bancshares, Inc.’s net profit jumped 10.36% since last year same period to $127.79Mn in the Q2 2023. On a quarterly growth basis, Commerce Bancshares, Inc. has generated 6.98% jump in its net profits since last 3-months.

Commerce Bancshares, Inc.’s net profit margin jumped 2.73% since last year same period to 31.9% in the Q2 2023. On a quarterly growth basis, Commerce Bancshares, Inc. has generated 3.88% jump in its net profit margins since last 3-months.

Commerce Bancshares, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.01 - a 3.06% jump from last quarter’s estimates.

Commerce Bancshares, Inc.’s earning per share (EPS) estimates for the current year stand at 1.01.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Commerce Bancshares, Inc.’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Commerce Bancshares, Inc.’s return on equity (ROE) stands at 0.19.

Commerce Bancshares, Inc. declared 0.27 dividend per share during the earnings announcement for Q1 2023.