Commerce Bancshares Q2 EPS $1.10 Beats $1.02 Estimate, Sales $498.913M Beat $488.270M Estimate

Commerce Bancshares (NASDAQ:CBSH) reported quarterly earnings of $1.10 per share which beat the analyst consensus estimate of $1.02 by 7.84 percent. This is a 0.92 percent increase over earnings of $1.09 per share from the same period last year. The company reported quarterly sales of $498.913 million which beat the analyst consensus estimate of $488.270 million by 2.18 percent. This is a 11.92 percent increase over sales of $445.760 million the same period last year.