---
schema_version: "secwatch.filing_event.v1"
accession: "0000022356-22-000040"
form_type: "8-K"
ticker: "CBSH"
cik: "0000022356"
company_name: "COMMERCE BANCSHARES INC /MO/"
filed_at: "2022-07-21T23:59:59+00:00"
generated_at: "2026-06-24T10:21:26.372679+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Commerce Bancshares Q2 EPS $0.96, down 27% YoY; NIM expands 34 bps to 2.79%

## Summary
- EPS $0.96 vs $1.32 in Q2 2021 and $0.97 in Q1 2022; net income $115.8M, down 29% YoY.
- Net interest income $232.4M, up $23.6M QoQ; net interest margin 2.79% vs 2.45% prior quarter.
- Average loans increased $262.4M QoQ to $15.5B; average deposits declined $622.5M QoQ to $28.7B.
- Non-accrual loans remain low at $7.9M, 0.05% of total loans; allowance for credit losses ratio 0.88%.
- Purchased 846,223 shares at avg $67.77 in Q2; cash dividend maintained at $0.265 per share.

## SEC filing metadata
- accession: 0000022356-22-000040
- form_type: 8-K
- ticker: CBSH
- cik: 0000022356
- company_name: COMMERCE BANCSHARES INC /MO/
- filed_at: 2022-07-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22356/000002235622000040/0000022356-22-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22356/000002235622000040/cbsh-20220721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000022356-22-000040
- JSON: https://secwatch.observer/filing/0000022356-22-000040.json
- Plain text: https://secwatch.observer/filing/0000022356-22-000040.txt

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