Commerce Bancshares, Inc. (CBSH) reported first-quarter net profit of $61.0 million or $0.67 per share, compared to $65.8 million or $0.70 per share in the same quarter last year.
Net interest income decreased to $150.34 million from $159.74 million last year. Non interest income increased to $99.88 million from $94.58 million last year.
On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $0.68 for the quarter. Analysts' estimates typically exclude speical items. Analysts expected revenue of $252.49 million for the quarter.
For comments and feedback: editorial@rttnews.com