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Stock Market & Financial Investment News

News Breaks
January 31, 2014
11:46 EDTCBSHCommerce Bancshares raises quarterly dividend 5% to 22.5c per share
Commerce Bancshares announced that its Board of Directors declared a quarterly dividend of 22.5c per share on the company's common stock, which compares to the regular prior dividend of 21.4c as adjusted for the 5% stock dividend that was paid on December 16, 2013. This represents an increase in the quarterly dividend per share of 5% and marks the 46th consecutive year that the company has increased its regular cash dividend per share. The dividend is payable on March 24 to stockholders of record at the close of business on March 5.
News For CBSH From The Last 14 Days
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October 15, 2014
07:05 EDTCBSHCommerce Bancshares reports Q3 EPS 72c, consensus 71c
Reports Q3 return on average assets 1.2%, Q3 return on average equity 12.3%. For the current quarter, the return on average assets totaled 1.20%, the return on average common equity was 12.3%, and the efficiency ratio was 60.6%. Net loan charge-offs for the current quarter totaled $7.7 million, compared to $7.6 million in the previous quarter. During the current quarter, the provision for loan losses totaled $7.7 million and matched net loan charge-offs. Total assets at September 30, 2014 were $22.7 billion, total loans were $11.4 billion, and total deposits were $18.6 billion.
October 14, 2014
15:29 EDTCBSHNotable companies reporting before tomorrow's open
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