CBSH - Commerce Bancshares GAAP EPS of $1.02 misses by $0.01 revenue of $384.89M beats by $1.31M
- Commerce Bancshares press release ( NASDAQ: CBSH ): Q3 GAAP EPS of $1.02 misses by $0.01 .
- Revenue of $384.89M (+9.5% Y/Y) beats by $1.31M .
- The allowance for credit losses on loans increased $5.3 million during the third quarter to $143.4 million, and at September 30, 2022, the ratio of the allowance for credit losses on loans to total loans was .90% compared to .88% at June 30, 2022.
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Commerce Bancshares GAAP EPS of $1.02 misses by $0.01, revenue of $384.89M beats by $1.31M