Oct. 17 at 4:55 PM
Earnings miss for
$CBSH — what's the story behind the numbers? 📉
Q3 EPS of
$1.06 missed estimates, but revenues rose 4.6% year over year, driven by higher NII and non-interest income. However, increased provisions and expenses are putting pressure on the bottom line.
Complete risk/reward breakdown here 👉 https://www.zacks.com/stock/news/2771371/commerce-bancshares-q3-earnings-lag-estimates-expenses-rise-yy?cid=sm-stocktwits-2-2771371-body-16644&ADID=SYND_STOCKTWITS_TWEET_2_2771371_BODY_16644