Investors with an interest in Banks - Midwest stocks have likely encountered both Huntington Bancshares (HBAN) and Commerce Bancshares (CBSH). But which of these two stocks is more attractive to value investors?
Higher revenues, stable adjusted expenses and a rise in loans and deposit balance support CBSH's Q4 earnings. A jump in provisions is an undermining factor.
Commerce Bancshares grew its wealth management business in the fourth quarter after announcing new initiatives targeting that market. The Missouri-based regional bank holding company said in a fourth-quarter earnings highlights presentation released Wednesday (Jan. 22) that its gains in revenue diversification were bolstered by its growing wealth business.
While the top- and bottom-line numbers for Commerce (CBSH) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Commerce Bancshares (CBSH) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.84 per share a year ago.
Evaluate the expected performance of Commerce (CBSH) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Commerce (CBSH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Commerce Bancshares Inc. CBSH shares have been performing remarkably well of late. At present, the stock is trading near its 52-week high of $72.74 hit during Monday's trading session.
Modest loan demand, relatively high rates and efforts to bolster fee income will support Commerce Bancshares amid poor asset quality and mounting expenses.
CBSH records a rise in expenses and lower provisions in the third quarter of 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.
Although the revenue and EPS for Commerce (CBSH) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.