Commerce Bancshares Earnings: Your Sneak Peek to the Big Announcement

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Commerce Bancshares (NASDAQ:CBSH) will report earnings before markets open on Thursday, April 11th. Commerce Bancshares, Inc., a bank holding company, offers a full line of banking services, including capital markets, trust services, investment management and securities brokerage. The Company also has operating subsidiaries involved in mortgage banking, credit related insurance, venture capital, and real estate activities. Commerce operates in multiple states.

Here is your Cheat Sheet to Commerce Bancshares Earnings:

Earnings Expectations: Analysts expect earnings of $0.68 per share on revenues of $252.49 million. Currently, the company’s P/E ratio stands at 13.61.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.7 to a profit $0.71. For the current year, the average estimate is a profit of $2.86, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Commerce Bancshares has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,256 1,179 1,133 1,102 1,082
Diluted EPS ($) 2.032 1.781 2.29 2.69 2.90

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 272.20 268.59 276.78 267.30 269.77
Diluted EPS ($) 0.6614 0.7048 0.7619 0.7143 0.719

Past Performance:
Commerce Bancshares has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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