---
schema_version: "secwatch.filing_event.v1"
accession: "0000022356-22-000049"
form_type: "8-K"
ticker: "CBSH"
cik: "0000022356"
company_name: "COMMERCE BANCSHARES INC /MO/"
filed_at: "2022-10-18T23:59:59+00:00"
generated_at: "2026-06-23T03:06:40.092226+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Commerce Bancshares Q3 2022 EPS $1.02, net interest margin expands to 3.01%

## Summary
- Net income $122.8M ($1.02 diluted EPS) vs $122.6M ($0.99) in Q3 2021 and $115.8M ($0.96) in Q2 2022.
- Net interest income rose $14.0M QoQ to $246.4M; net interest margin increased 22 bps to 3.01%.
- Average loans up $160.4M (1.0%) to $15.6B; average deposits declined $973.9M (3.4%) to $27.8B.
- Company repurchased 710,879 shares at avg price $70.50; cash dividend $0.265 per share.
- Allowance for credit losses on loans increased $5.3M to $143.4M (0.90% of total loans).

## SEC filing metadata
- accession: 0000022356-22-000049
- form_type: 8-K
- ticker: CBSH
- cik: 0000022356
- company_name: COMMERCE BANCSHARES INC /MO/
- filed_at: 2022-10-18T23:59:59+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/22356/000002235622000049/0000022356-22-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22356/000002235622000049/cbsh-20221018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000022356-22-000049
- JSON: https://secwatch.observer/filing/0000022356-22-000049.json
- Plain text: https://secwatch.observer/filing/0000022356-22-000049.txt

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