---
schema_version: "secwatch.filing_event.v1"
accession: "0000022356-22-000003"
form_type: "8-K"
ticker: "CBSH"
cik: "0000022356"
company_name: "COMMERCE BANCSHARES INC /MO/"
filed_at: "2022-01-19T23:59:59+00:00"
generated_at: "2026-06-27T17:20:33.767359+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Commerce Bancshares Q4 EPS $0.94, down vs $1.05 YoY and $0.99 QoQ

## Summary
- Q4 net income $114.9M vs $129.9M YoY and $122.6M prior quarter; EPS $0.94.
- Net interest income $207.7M, margin 2.43% (down 15 bps); average loans fell $165.9M QoQ.
- Non-interest income $147.7M (+$10.2M QoQ); trust fees +16.5% YoY, bank card fees +12%.
- Credit quality strong: net charge-offs 0.11%, non-accrual loans $9.2M (0.06% of loans).
- Repurchased 696k shares at avg $70.81; quarterly dividend $0.25 unchanged.

## SEC filing metadata
- accession: 0000022356-22-000003
- form_type: 8-K
- ticker: CBSH
- cik: 0000022356
- company_name: COMMERCE BANCSHARES INC /MO/
- filed_at: 2022-01-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22356/000002235622000003/0000022356-22-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22356/000002235622000003/cbsh-20220119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000022356-22-000003
- JSON: https://secwatch.observer/filing/0000022356-22-000003.json
- Plain text: https://secwatch.observer/filing/0000022356-22-000003.txt

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