Commerce Bancshares saw its net income increase 9% year over year, driven in part by expanding net interest margin. For the quarter ended June 30, the Missouri-based regional bank holding company with 142 branches in seven states posted a net income of $139.6 million, up...
Commerce Bancshares, one of the Midwest’s strongest regional banks, joined the chorus of Q1 results reporting Tuesday (April 16) and sounded the theme of resiliency. Tipping its hat to the high interest rates and cautious consumer spending outlook that has dominated bank reporting over the...
October 17, 2024
Four regional banks said Thursday (Oct. 17) that credit quality remained strong in the third quarter, while reporting mixed results in terms of growth in lending and deposits. Commerce Bancshares, Huntington Bancshares, M&T Bank and S&T Bancorp reported their third-quarter results Thursday. “Credit quality remains excellent,” Commerce Bancshares President and CEO John Kemper said in […]
July 18, 2024
Commerce Bancshares saw its net income increase 9% year over year, driven in part by expanding net interest margin. For the quarter ended June 30, the Missouri-based regional bank holding...