financetom
Business
financetom
/
Business
/
Update: Commerce Bancshares Shares Drop After Q3 Miss
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Commerce Bancshares Shares Drop After Q3 Miss
Oct 16, 2025 12:39 PM

03:15 PM EDT, 10/16/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.)

Commerce Bancshares ( CBSH ) shares were down 7% in recent Thursday trading after the company reported Q3 results below market expectations.

The company posted Q3 earnings of $1.06 per diluted share, up from $1.01 a year earlier.

Analysts surveyed by FactSet expected $1.10.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and noninterest income, was $441 million, up from $421.4 million a year earlier.

Analysts surveyed by FactSet expected $447.5 million.

Price: 52.71, Change: -3.95, Percent Change: -6.97

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
AbbVie Says Phase 3 Trial of Upadacitinib in Alopecia Areata Meets Endpoints
AbbVie Says Phase 3 Trial of Upadacitinib in Alopecia Areata Meets Endpoints
Jul 30, 2025
10:01 AM EDT, 07/30/2025 (MT Newswires) -- AbbVie ( ABBV ) said Wednesday that one of two phase 3 pivotal studies of upadacitinib in adult and adolescent patients with severe alopecia areata met its primary endpoint of more scalp hair coverage and key secondary endpoints of improvements in eyebrows and eyelashes. The company said 44.6% and 54.3% of the patients...
Garmin Stock Drops After Strong Q2 Beat, Fitness And Outdoor Sales Surge, MYLAPS Acquisition
Garmin Stock Drops After Strong Q2 Beat, Fitness And Outdoor Sales Surge, MYLAPS Acquisition
Jul 30, 2025
Garmin ( GRMN ) stock initially gained and then tumbled on Wednesday after the company reported its second-quarter 2025 results. The company reported quarterly revenue growth of 20% year-on-year to $1.815 billion, beating the analyst consensus estimate of $1.696 billion.  The GPS navigation and wearable technology company’s adjusted EPS of $2.17 topped the analyst consensus estimate of $1.89.  Also Read: Garmin’s Strong Auto, Outdoor...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
BRIEF-Belgravia Hartford Closes USD $5M Convertible Debenture With Round13 Digital Asset Fund To Acquire Bitcoin
BRIEF-Belgravia Hartford Closes USD $5M Convertible Debenture With Round13 Digital Asset Fund To Acquire Bitcoin
Jul 30, 2025
July 30 (Reuters) - Belgravia Hartford Capital Inc ( BLGVF ) : * BELGRAVIA HARTFORD CLOSES USD $5M CONVERTIBLE DEBENTURE WITH ROUND13 DIGITAL ASSET FUND TO ACQUIRE BITCOIN Source text: Further company coverage: ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved