Top Financial Shares:
Financial shares are higher in today's pre-market session
recovering from yesterday's losses.
In financial stocks news, JPMorgan (
) shares are up 1% as it reports Q4 earnings of $1.30 per share,
down from $1.39 per share in the year ago quarter. Adjusted for
items, earnings would have $1.40 per share, vs. $1.35 per share
last year. Revenue was $24.1 bln, down 1% vs. the prior year and
ahead of expectations of $23.2 bln. The analyst consensus on a
normalized basis for earnings was $1.34 per share while the GAAP
estimate was $1.24 per share.
And, Commerce Bancshares, Inc. (
) reports earnings of $0.69 per share for Q4 2013 compared to $0.69
per share in Q4 2012. That's short of the $0.71 per share in
earnings the Street expected, if comparable.
CBSH is flat in pre-market, having closed down 0.4% yesterday.
It's trading in a 52-week range of $44.80 to $45.39.