Commerce Bancshares Q2 Profit Rises - Quick Facts

(RTTNews) - Commerce Bancshares, Inc. (CBSH) reported second-quarter net income available to common shareholders of $72.1 million or $0.75 per share, compared to $66.5 million million or $0.66 per share, prior year.

On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.68 for the quarter. Analysts' estimates typically exclude special items.

Taxable equivalent net interest income increased year-over-year to $171.04 million from $167.89 million, with non-interest income climbing to $114.09 million from $108.76 million. Analysts expected revenue of $275.32 million for the quarter.

Total assets at June 30, 2015 were $23.7 billion, total loans were $11.9 billion and total deposits were $19.3 billion.