---
schema_version: "secwatch.filing_event.v1"
accession: "0000022356-22-000022"
form_type: "8-K"
ticker: "CBSH"
cik: "0000022356"
company_name: "COMMERCE BANCSHARES INC /MO/"
filed_at: "2022-04-19T23:59:59+00:00"
generated_at: "2026-06-26T06:38:20.666007+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Commerce Bancshares Q1 EPS $0.97, down from $1.06 YoY; net interest margin expands

## Summary
- Net income $118.2M ($0.97 diluted EPS) vs $131.0M ($1.06) in Q1 2021 and $114.9M ($0.94) in Q4 2021.
- Net interest margin rose 2 bps to 2.45%; average loans up $130.1M QoQ to $15.2B.
- Non-interest income fell $15.9M QoQ to $131.8M; net securities gains $7.2M vs net losses $9.7M prior quarter.
- Net charge-off ratio 0.12%; non-accrual loans 0.05% of total loans; allowance for credit losses to loans at 0.87%.
- Repurchased 795,387 shares at avg $70.22; quarterly dividend raised to $0.265/share from $0.25.

## SEC filing metadata
- accession: 0000022356-22-000022
- form_type: 8-K
- ticker: CBSH
- cik: 0000022356
- company_name: COMMERCE BANCSHARES INC /MO/
- filed_at: 2022-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22356/000002235622000022/0000022356-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22356/000002235622000022/cbsh-20220419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000022356-22-000022
- JSON: https://secwatch.observer/filing/0000022356-22-000022.json
- Plain text: https://secwatch.observer/filing/0000022356-22-000022.txt

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