---
schema_version: "secwatch.filing_event.v1"
accession: "0000022356-24-000004"
form_type: "8-K"
ticker: "CBSH"
cik: "0000022356"
company_name: "COMMERCE BANCSHARES INC /MO/"
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T22:09:50.147987+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Commerce Bancshares Q4 EPS $0.84, net income $109.2M; FDIC charge $16M

## Summary
- EPS of $0.84 vs $1.00 in Q4 2022 and $0.92 in Q3 2023; net income $109.2M.
- Net interest income $248.4M, NIM expanded 6 bps to 3.17%; non-interest income $144.9M.
- FDIC special assessment of $16.0M drove non-interest expense to $251.3M.
- Deposits grew $674M across segments; final FHLB advances and brokered deposits matured.
- Book value per share increased 14.4% to $22.77; non-accrual loans remained low at 0.04%.

## SEC filing metadata
- accession: 0000022356-24-000004
- form_type: 8-K
- ticker: CBSH
- cik: 0000022356
- company_name: COMMERCE BANCSHARES INC /MO/
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22356/000002235624000004/0000022356-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22356/000002235624000004/cbsh-20240118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000022356-24-000004
- JSON: https://secwatch.observer/filing/0000022356-24-000004.json
- Plain text: https://secwatch.observer/filing/0000022356-24-000004.txt

## Key facts
- Earnings Releases
  COMMERCE BANCSHARES INC /MO/ reported financial results for three months ended December 31, 2023.
  - Period: three months ended December 31, 2023
  - Result: reported results
  source text: A copy of the press release issued January 18, 2024 by Commerce Bancshares, Inc. announcing Fourth Quarter 2023 earnings is furnished under Item 2.02 of this Current Report on Form 8-K as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/22356/000002235624000004/0000022356-24-000004-index.htm

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