---
schema_version: "secwatch.filing_event.v1"
accession: "0000022356-24-000044"
form_type: "8-K"
ticker: "CBSH"
cik: "0000022356"
company_name: "COMMERCE BANCSHARES INC /MO/"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:55:13.899814+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Commerce Bancshares Q2 EPS $1.07 vs $0.97 YoY; net interest margin expands 22 bps to 3.55%

## Summary
- Net income $139.6M ($1.07 diluted EPS) vs $127.8M ($0.97) in Q2 2023; total revenue $414.5M.
- Net interest margin rose 22 bps QoQ to 3.55%; NII $262.2M, up $13.3M from Q1 2024.
- Trust fees +10.6% YoY to $52.3M; deposit account fees +11.9% to $25.3M.
- Non-accrual loans just 11 bps of total loans; net charge-off ratio 0.23% annualized.
- Tier 1 leverage ratio 12.13%; book value $24.48, up 19.4% YoY.

## SEC filing metadata
- accession: 0000022356-24-000044
- form_type: 8-K
- ticker: CBSH
- cik: 0000022356
- company_name: COMMERCE BANCSHARES INC /MO/
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/22356/000002235624000044/0000022356-24-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22356/000002235624000044/cbsh-20240718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000022356-24-000044
- JSON: https://secwatch.observer/filing/0000022356-24-000044.json
- Plain text: https://secwatch.observer/filing/0000022356-24-000044.txt

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