---
schema_version: "secwatch.filing_event.v1"
accession: "0000022356-23-000002"
form_type: "8-K"
ticker: "CBSH"
cik: "0000022356"
company_name: "COMMERCE BANCSHARES INC /MO/"
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:27:11.228815+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Commerce Bancshares Q4 EPS $1.04, up from $0.90 YoY; net yield expands to 3.18%

## Summary
- Diluted EPS of $1.04 in Q4 2022 vs $0.90 in Q4 2021 and $0.97 in Q3 2022; net income $131.6M.
- Net interest income rose $8.3M QoQ to $254.6M; net yield on earning assets increased 17 bps to 3.18%.
- Average loans grew $239M (1.5%) to $15.9B; average deposits declined $1.1B (4.1%) QoQ.
- Annualized net charge-off ratio was 0.14% vs 0.12% QoQ; non-accrual loans were 0.05% of total loans.

## SEC filing metadata
- accession: 0000022356-23-000002
- form_type: 8-K
- ticker: CBSH
- cik: 0000022356
- company_name: COMMERCE BANCSHARES INC /MO/
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/22356/000002235623000002/0000022356-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22356/000002235623000002/cbsh-20230119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000022356-23-000002
- JSON: https://secwatch.observer/filing/0000022356-23-000002.json
- Plain text: https://secwatch.observer/filing/0000022356-23-000002.txt

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