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Commerce Bancshares Inc. Q3 Income Drops

Commerce Bancshares Inc. (CBSH) released a profit for third quarter that decreased from the same period last year.

The company's bottom line totaled $122.56 million, or $1.05 per share. This compares with $124.98 million, or $1.06 per share, in last year's third quarter.

The company's revenue for the quarter rose 1.7% to $351.54 million from $345.53 million last year.

Commerce Bancshares Inc. earnings at a glance:

-Earnings (Q3): $122.56 Mln. vs. $124.98 Mln. last year.
-EPS (Q3): $1.05 vs. $1.06 last year.
-Revenue (Q3): $351.54 Mln vs. $345.53 Mln last year.

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