WAL - Commerce Bancshares: Profits Up 40% And Still Attractive Versus Peers
Commerce Bancshares Inc. (CBSH) had a solid quarter beating EPS estimates while growing revenue by over 12% since last year.
Some attractive regional banks are correlating well with the growing U.S. economy, consumer spending, and business investment. This article is a follow up from my first article on Commerce where I analyzed what's been driving revenue, earnings, and the asset quality of the bank.
In this second article, I'll explore Commerce Bancshares' valuation, its rising income, profits, and cost-controls. I'll also compare CBSH to peer banks to see how the bank's performance stacks