COMMERCE BANCSHARES INC /MO/ (CBSH) Form 8-K — Oct 20, 2026
Commerce Bancshares reported Q3 2026 EPS of $1.08, up 7% from $1.01 a year ago but down from $1.10 in Q2, on net income of $155.0 million. YTD EPS of $3.14 compares to $3.03 in the first nine months of 2025. The quarter featured broad-based loan growth of more than 7% annualized, record trust fees (+25.7% YoY to $73.4 million), and excellent credit quality with a 0.20% net charge-off ratio and non-accruals at just 0.05% of loans. Net interest margin was 3.71%, up 5 bps excluding prior-quarter TIPS inflation income.
Key figures
- Eps
- 1.08
- Revenue
- 494343000
- Net Income
- 155000000
- Cash Position
- 34823384000
- Shares Outstanding
- 142043272
- Roaa
- 1.79%
- Roae
- 14.17%
- Ytd eps
- $3.14 vs $3.03 prior year
- Total assets
- $34.8 billion
- Year ago eps
- 1.01
- Net yield fte
- 3.71%
- Trust fees yoy
- +$15.0 million (+25.7%)
- Ytd net income
- $456.4 million vs $425.6 million prior year
- Efficiency ratio
- 56.69%
- Non accrual loans
- $11.5 million (0.05% of loans)
- Prior quarter eps
- 1.1
- Bank card fees yoy
- +$3.6 million (+8.0%)
- Dividend per share
- $0.275 (5% increase YoY)
- Shares repurchased
- ~1.9 million shares at average price of $58.84
- Net interest income
- $308.9 million
- Non interest income
- $185.5 million
- Book value per share
- $29.68
- Net charge off ratio
- 0.20%
- Non interest expense
- $285.9 million
- Tier1 leverage ratio
- 13.04%
- Total loans period end
- $21.2 billion
- Total deposits period end
- $27.2 billion
- Allowance for credit losses
- $197.8 million (0.93% of loans)
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.