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Stonebridge Financial Group increased its stake in Commerce Bancshares, which beat earnings estimates, by 2.7%.
Stonebridge Financial Group LLC boosted its stake in Commerce Bancshares, Inc. by 2.7% in the first quarter, holding 71,211 shares worth $4.43 million.
The company beat earnings estimates, reporting $0.98 per share compared to the expected $0.93.
Commerce Bancshares, a bank holding company, has a market cap of $8.28 billion and operates with a PE ratio of 15.03 and a PEG ratio of 2.74.
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Stonebridge Financial Group aumentó su participación en Commerce Bancshares, lo que superó las estimaciones de ganancias, en un 2,7%.