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Commerce Bancshares, Inc. Message Board

  • LotsMoreCash LotsMoreCash Apr 12, 2001 11:10 AM Flag

    Q1 - Record Earnings - $.69/Shr!!

    (KANSAS CITY, MO, April 12, 2001) - Commerce Bancshares, Inc. announced record earnings of $.69 per share for the three months ended March 31, 2001, an increase of 10% compared to $.63 per share in the first quarter of 2000. Total earnings for the first quarter amounted to $43.9 million compared with $41.3 million in the same period last year. The return on average assets for the three months ended March 31, 2001 was 1.59%; the return on realized equity was 15.5%; and the efficiency ratio was 58.2%.


    http://www.commercebank.com/info/newsreleases/current/nr1q01earnings.html

 
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