CBSH News and Press, Commerce Bancshares Inc. From 11/18/22

Commerce Bank announced it has entered into a definitive agreement to acquire L.J. Hart & Company , a municipal bond underwriter and advisor. Terms of the transaction were not disclosed. L.J. Hart & Company, founded in 1991 in St. Louis, MO, has advised more than 300...

Summary Commerce Bancshares did well in the third quarter on a core basis, with double-digit year-over-year core pre-provision profit growth driven by strong spread income. Credit quality remains strong despite higher provisioning, but loan growth was more "okay" than good, and we...

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 Septe...

Commerce Bancshares, Inc. announced earnings of $1.02 per share for the three months ended September 30, 2022, compared to $.99 per share in the same quarter last year and $.96 per share in the second quarter of 2022. Net income for the third quarter of 2022 amounted to $122.8 million, ...

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further detai...

Seamless integration of Payments and Banking to Enterprise Resource Planning (ERP) and accounting software Commerce Bank is pleased to announce the launch of Commerce Connections® Direct, developed in collaboration with FISPAN , a leading North American fint...

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The Dividend Champions list ...

Loan growth will decelerate due to high interest rates and falling consumer confidence. Nevertheless, it will remain near the historical average thanks to commercial loans. The top line is only moderately sensitive to rate changes. Higher interest rates will continue to drag the e...

This article updates one I wrote in August 2021 based on a template article by David Van Knapp, written in June 2020. We both use the DVK Quality Snapshots scoring system to assess the quality of dividend growth stocks. The system employs five quality indicators from independent s...

Commerce Bancshares, Inc. announced earnings of $.96 per share for the three months ended June 30, 2022, compared to $1.32 per share in the same quarter last year and $.97 per share in the first quarter of 2022. Net income for the second quarter of 2022 amounted to $115.8 million, compa...