---
schema_version: "secwatch.filing_event.v1"
accession: "0000022356-21-000037"
form_type: "8-K"
ticker: "CBSH"
cik: "0000022356"
company_name: "COMMERCE BANCSHARES INC /MO/"
filed_at: "2021-07-22T23:59:59+00:00"
generated_at: "2026-06-30T03:25:48.707361+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Commerce Bancshares Q2 EPS $1.38 vs $0.32 YoY; reserve release boosts earnings

## Summary
- Net income $162.3M ($1.38 EPS) vs $39.9M ($0.32) in Q2 2020; provision for credit losses negative $45.7M (release).
- Return on avg assets 1.93%, ROE 19.12%; net yield on earning assets 2.60%, down 11 bps QoQ.
- Average loans fell $342.5M QoQ due to PPP forgiveness; average deposits grew $1.2B (4.6%).
- Credit quality improved: net charge-offs $699K (0.02% annualized); non-performing assets halved to $11.4M.
- Cash dividend raised 2.1% to $0.263/share; bought back 181,252 shares in quarter.

## SEC filing metadata
- accession: 0000022356-21-000037
- form_type: 8-K
- ticker: CBSH
- cik: 0000022356
- company_name: COMMERCE BANCSHARES INC /MO/
- filed_at: 2021-07-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22356/000002235621000037/0000022356-21-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22356/000002235621000037/cbsh-20210722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000022356-21-000037
- JSON: https://secwatch.observer/filing/0000022356-21-000037.json
- Plain text: https://secwatch.observer/filing/0000022356-21-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.