Commerce Bancshares News

Glenda Mae Schwarz, officer, on Feb. 1 exercised her option to purchase 3,508 shares at $29.99 with a market value of $105,195. On the same day, Schwarz sold 3,508 direct COP shares at $69.28 with a market value of $243,050. The Houston-based integrated oil and gas firm reported $12.4 billion in full-year earnings for 2011.

FLIR Systems, Inc. : Quarterly cash dividend of 7c payable March 9 to shareholders of record as of close of business on February 21.

Most regional stocks joined in a broad sell-off Friday, as stocks overall had their worst day of the year.

Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

Regional stocks enjoyed a good day Wednesday, with most companies finishing higher.

Commerce Bancshares Inc. reported fourth-quarter 2011 earnings of 73 cents per share, ahead of the Zacks Consensus Estimate of 70 cents.

For the quarter ended Dec. 31, profit at the bank was $61.5 million, essentially flat compared with a profit of $61.9 million in the same period a year earlier.

The company will unveil its latest earnings on Tuesday, Jan. 24. Commerce Bancshares is a bank holding company that, through its subsidiaries, engages in general banking business, providing a range of retail, corporate, investment, trust, and asset management products and services to individuals and businesses.

YRC Worldwide and Waddell & Reed were among the best-performing regional stocks Friday, in a day in which IBM and Microsoft drove the Dow Jones industrial average higher.Other regional winners included UMB Financial, Layne Christensen, Commerce Bancshares, H&R Block and Collective Brands.O’Reilly Automotive was one of the hardest hit ... (more)