CBSH

Shares of Commerce Bancshares Inc. CBSH gained 1.7% following the release of its second-quarter 2026 results. Second-quarter earnings of $1.10 per share surpassed the Zacks Consensus Estimate of $1.04. The bottom line reflected a rise of 1% from the prior-year quarter.Results primarily benefited from higher net interest income (NII) and a rise in non-interest income. The sequential rise in loan balances acted as a tailwind. However, higher expenses and provisions hurt the results to some extent.Net income attributable to Commerce Bancshares was $159.8 million, up 4.8% year over year. Our estimate for the metric was $145.2 million. Total revenues were $498.9 million, up 11.9% year over year. The top line outpaced the Zacks Consensus Estimate of $488 million.NII was $315.1 million, rising 12.5% from the year-ago quarter. Net yield on interest-earning assets was 3.77%, increasing 7 basis points (bps) year over year. Our estimates for NII and net yield on interest-earning assets were $302.8 million and 3.62%, respectively.Non-interest income was $183.8 million, up 11% year over year. The rise was mainly driven by higher trust fees, deposit account charges and other fees, consumer brokerage services fees, and bank card transaction fees. Our estimate for non-interest income was $176.5 million.Non-interest expenses increased 21.5% year over year to $297.1 million. The rise was due to an increase in all cost components. We had projected expenses of $287.9 million.Investment securities gains were $12.8 million, significantly up from the prior-year quarter.The efficiency ratio increased to 58.40% from 54.77% in the year-ago quarter. A rise in the efficiency ratio indicates a deterioration in profitability. As of June 30, 2026, net loans were $20.64 billion, up 1.9% from March 31, 2026. Total deposits were $27.88 billion, down 1.8% sequentially. Our estimates for net loans and total deposits were $20.51 billion and $28.74 billion, respectively. Provision for credit losses was $8.7 million, up 56% from the prior-year quarter. Our estimate for the metric was $12.4 million.The allowance for credit losses on loans to total loans was 0.94% on June 30, 2026, unchanged year over year.However, non-accrual loans to total loans were 0.06% at the quarter-end, down from 0.11% in the year-ago quarter. The ratio of annualized net loan charge-offs to average loans was 0.19%, down fro...

Commerce Bancshares (NASDAQ:CBSH) reported second-quarter results that exceeded Wall Street expectations, with both earnings and revenue coming in above analyst forecasts as higher net interest income and steady loan growth supported performance. Adjusted earnings reached $1.10 per share, ahead of the consensus estimate of $1.06, while quarterly revenue totaled $498.91 million, surpassing expectations of $493.46 million. Following the results, the bank’s shares rose about 1.8% in premarket trading. Revenue increased 4.8% from the same quarter a year earlier, when Commerce Bancshares generated $445.76 million. The bank also expanded its net interest margin to 3.77%, up from 3.59% in the previous quarter, benefiting from stronger income generated by loans and investment securities as well as lower funding costs. Average loan balances climbed by $176.6 million, or 0.9%, during the quarter to reach $20.5 billion. “Commerce delivered a strong quarter, with expanding net interest margin, solid loan growth, lower funding costs and excellent credit quality,” said Chief Executive Officer John Kemper. “These results drove a return on average assets of 1.84% and reflect the strength of our business model, our diversified revenue streams and our team’s continued focus on long-standing customer relationships.” Non-interest income rose 4.5% from the prior quarter to $183.8 million. Growth was driven by trust fees of $71.5 million and bank card fees of $48.1 million, while the company also recorded net investment securities gains of $12.8 million. The investment gains included a $105.4 million profit related to Visa Inc. shares, partially offset by a $97.7 million loss resulting from the repositioning of the bank’s available-for-sale debt securities portfolio. Non-interest expenses increased to $297.1 million during the quarter, compared with $291.1 million in the previous quarter. Despite the higher operating costs, Commerce Bancshares delivered stronger profitability as improving margins, healthy lending activity and diversified fee income helped offset the increase in expenses. Commerce Bancshares stock price

KANSAS CITY, Mo. (AP) — KANSAS CITY, Mo. (AP) — Commerce Bancshares Inc. (CBSH) on Thursday reported second-quarter earnings of $159.8 million. The bank, based in Kansas City, Missouri, said it had earnings of $1.10 per share. The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share. The bank holding company posted revenue of $591.2 million in the period. Its revenue net of interest expense was $498.9 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $488 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBSH at https://www.zacks.com/ap/CBSH

For the quarter ended June 2026, Commerce Bancshares (CBSH) reported revenue of $498.91 million, up 11.9% over the same period last year. EPS came in at $1.10, compared to $1.14 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $488.01 million, representing a surprise of +2.24%. The company delivered an EPS surprise of +5.77%, with the consensus EPS estimate being $1.04. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Commerce performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 58.4% versus the four-analyst average estimate of 57.6%. Net Interest Margin (Net yield on interest earning assets): 3.8% versus 3.7% estimated by four analysts on average. Average total interest earning assets: $33.78 billion compared to the $34.02 billion average estimate based on three analysts. Annualized net loan charge-offs to total average loans: 0.2% compared to the 0.3% average estimate based on three analysts. Book value per common share: $30.45 versus the two-analyst average estimate of $30.89. Fully-taxable equivalent net interest income: $317.48 million versus the four-analyst average estimate of $311.81 million. Total Non-Interest Income: $183.83 million versus the four-analyst average estimate of $178.28 million. Deposit account charges and other fees: $29.26 million compared to the $28.58 million average estimate based on three analysts. Net Interest Income: $315.09 million versus $309.28 million estimated by three analysts on average. Trust fees: $71.51 million versus $71.88 million estimated by three analysts on average. Bank card transaction fees: $48.12 million versus the three-analyst average estimate of $46.79 million. Consumer brokerage services: $5.86 million compared to the $5.52 million average estimate based on two analysts. View all Key Company Metrics for Commerce her...

KANSAS CITY, Mo., July 16, 2026--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $1.10 per share for the three months ended June 30, 2026, compared to $1.09 per share in the same quarter last year and $.96 per share in the first quarter of 2026. Net income for the second quarter of 2026 amounted to $159.8 million, compared to $152.5 million in the second quarter of 2025 and $141.6 million in the prior quarter. For the six months ended June 30, 2026, earnings per share totaled $2.06 compared to $2.02 for the first six months of 2025. Net income amounted to $301.4 million for the six months ended June 30, 2026, compared to $284.1 million in the comparable period last year. For the year to date, the return on average assets was 1.73%, and the return on average equity was 13.96%. In making this announcement, John Kemper, Chief Executive Officer, said, "Commerce delivered a strong quarter, with expanding net interest margin, solid loan growth, lower funding costs and excellent credit quality. These results drove a return on average assets of 1.84% and reflect the strength of our business model, our diversified revenue streams and our team’s continued focus on long-standing customer relationships." Mr. Kemper continued, "Revenue growth was broad-based during the quarter. Net interest income increased as margin expanded to 3.77%, and fee revenue grew $8.0 million this quarter, supported by continued strength in trust, bank card and deposit-related businesses. We believe this balanced revenue mix remains a key differentiator for Commerce and supports consistent performance across economic cycles." "We remained focused on disciplined capital management. During the quarter, we repurchased approximately 2.1 million shares of common stock for $110 million while maintaining a strong capital position. This gives us flexibility to invest in growth, support our customers and continue returning capital to shareholders." "We also completed the repositioning of a portion of our available for sale securities portfolio, including the sale of our Treasury inflation-protected securities portfolio. This repositioning increases the portfolio’s overall yield, improves the consistency of future net interest income, and supports a more durable net interest margin over time. We believe these portfolio changes strengthen Commerce’s long-term earnings profile and position...

Commerce Bancshares (CBSH) came out with quarterly earnings of $1.1 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.77%. A quarter ago, it was expected that this bank holding company would post earnings of $0.94 per share when it actually produced earnings of $0.96, delivering a surprise of +2.13%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Commerce, which belongs to the Zacks Banks - Midwest industry, posted revenues of $498.91 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.24%. This compares to year-ago revenues of $445.76 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Commerce shares have added about 11.1% since the beginning of the year versus the S&P 500's gain of 10.6%. While Commerce has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Commerce was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Bu...

Commerce Bancshares (CBSH) reported Q2 earnings Thursday of $1.10 per diluted share, up from $1.09 a

Regional banking company Commerce Bancshares (NASDAQ:CBSH) will be announcing earnings results this Thursday before market hours. Here’s what you need to know. Commerce Bancshares met analysts’ revenue expectations last quarter, reporting revenues of $478.1 million, up 11.1% year on year. It was a mixed quarter for the company, with a beat of analysts’ EPS estimates but a slight miss of analysts’ net interest income estimates. Is Commerce Bancshares a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Commerce Bancshares’s revenue to grow 9.9% year on year, improving from the 7.5% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Commerce Bancshares rarely misses Wall Street’s revenue estimates. Looking at Commerce Bancshares’s peers in the banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. FB Financial delivered year-on-year revenue growth of 27.5%, missing analysts’ expectations by 0.7%, and Citigroup reported revenues up 14.3%, topping estimates by 4.5%. FB Financial traded up 2.7% following the results. Read our full analysis of FB Financial’s results here and Citigroup’s results here. There has been positive sentiment among investors in the banks segment, with share prices up 4.2% on average over the last month. Commerce Bancshares is up 5.8% during the same time and is heading into earnings with an average analyst price target of $61.33 (compared to the current share price of $57.91). WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it. This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.

Recent commentary on Commerce Bancshares highlights its history of surpassing earnings estimates and signals another potential beat in its next quarterly report, based on a positive Earnings ESP and favorable Zacks Rank. Analysts now expect quarterly earnings per share of US$1.04, an 8.8% decline year-over-year, alongside forecast revenue growth of 9.5% to US$488.01 million, with consensus EPS estimates ticking higher over the past month. Next, we’ll explore how Commerce Bancshares’ track record of outperforming earnings expectations shapes its current investment narrative. Capitalize on the AI infrastructure supercycle with our selection of the 52 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. To own Commerce Bancshares, you need to be comfortable with a steady, moderately growing regional bank that leans on consistent profitability, disciplined capital returns and incremental progress rather than big swings. The latest commentary about a possible earnings beat, supported by a positive Earnings ESP and solid Zacks Rank, adds some short term optimism but does not meaningfully change the core story: modest forecast growth in earnings and revenue, a long-running dividend that keeps inching higher, and ongoing buybacks that support per share metrics. If the upcoming results do outpace expectations again, that could reinforce confidence in management’s execution and near term pricing power, particularly after an 11.96% year to date price gain. The bigger watchpoints remain credit quality, with loan charge-offs ticking up, and whether the bank’s valuation premium to peers can be justified if growth stays relatively measured. However, growing loan charge offs could become a more important issue than recent earnings optimism. Despite retreating, Commerce Bancshares' shares might still be trading 28% above their fair value. Discover the potential downside here. Investors in the Simply Wall St Community currently place Commerce Bancshares’ fair value between US$61.25 and about US$81.15 across 2 views, underlining how far opinions can spread. Set this against the recent earnings optimism and rising charge offs, and it becomes even more important to weigh several perspectives before deciding what performance path you are really comfortable backing. Explore 2 other fair value estimates on Commerce Bancshares - why...

Wintrust Financial (WTFC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on July 20, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This bank holding company is expected to post quarterly earnings of $3.17 per share in its upcoming report, which represents a year-over-year change of +14%. Revenues are expected to be $737.16 million, up 9.9% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.2% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive p...

In its upcoming report, Commerce Bancshares (CBSH) is predicted by Wall Street analysts to post quarterly earnings of $1.04 per share, reflecting a decline of 8.8% compared to the same period last year. Revenues are forecasted to be $488.01 million, representing a year-over-year increase of 9.5%. The current level reflects an upward revision of 1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock. While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. Bearing this in mind, let's now explore the average estimates of specific Commerce metrics that are commonly monitored and projected by Wall Street analysts. The collective assessment of analysts points to an estimated 'Efficiency Ratio' of 57.6%. Compared to the current estimate, the company reported 54.8% in the same quarter of the previous year. Analysts' assessment points toward 'Net Interest Margin (Net yield on interest earning assets)' reaching 3.7%. The estimate compares to the year-ago value of 3.7%. The average prediction of analysts places 'Tier I risk-based capital ratio' at 17.3%. Compared to the current estimate, the company reported 17.2% in the same quarter of the previous year. The combined assessment of analysts suggests that 'Average total interest earning assets' will likely reach $34.02 billion. The estimate compares to the year-ago value of $30.63 billion. Based on the collective assessment of analysts, 'Total risk-based capital ratio' should arrive at 18.1%. Compared to the present estimate, the company reported 17.9% in the same quarter last year. Analysts expect 'Book value per common share' to come in at $30.89 . Compared to the present estimate, the company reported $27.43 in the same quarter last year. The consensus estimate for '...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Commerce Bancshares (CBSH). This company, which is in the Zacks Banks - Midwest industry, shows potential for another earnings beat. When looking at the last two reports, this bank holding company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 2.07%, on average, in the last two quarters. For the last reported quarter, Commerce came out with earnings of $0.96 per share versus the Zacks Consensus Estimate of $0.94 per share, representing a surprise of 2.13%. For the previous quarter, the company was expected to post earnings of $0.99 per share and it actually produced earnings of $1.01 per share, delivering a surprise of 2.02%. With this earnings history in mind, recent estimates have been moving higher for Commerce. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Commerce has an Earnings ESP of +3.37% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on July 16, 2026. With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative...