---
schema_version: "secwatch.filing_event.v1"
accession: "0000022356-24-000052"
form_type: "8-K"
ticker: "CBSH"
cik: "0000022356"
company_name: "COMMERCE BANCSHARES INC /MO/"
filed_at: "2024-10-17T23:59:59+00:00"
generated_at: "2026-05-30T13:28:01.145935+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Commerce Bancshares Q3 EPS $1.07, up from $0.92 YoY; trust fees +11.1%

## Summary
- EPS $1.07 (diluted) vs $0.92 YoY; net income $138M, up 14.4% from $120.6M in Q3 2023.
- Net interest income $262.4M, virtually flat QoQ; net yield on earning assets 3.50% (-5 bps QoQ).
- Trust fees grew 11.1% YoY to $54.7M; non-interest income 37.7% of total revenue.
- Credit quality remains excellent: non-accrual loans 0.11% of total loans, net charge-offs 0.22% annualized.
- Tangible common equity ratio 10.47% (up from 9.82% prior Q); book value per share $26.90, +9.9% QoQ.

## SEC filing metadata
- accession: 0000022356-24-000052
- form_type: 8-K
- ticker: CBSH
- cik: 0000022356
- company_name: COMMERCE BANCSHARES INC /MO/
- filed_at: 2024-10-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/22356/000002235624000052/0000022356-24-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22356/000002235624000052/cbsh-20241017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000022356-24-000052
- JSON: https://secwatch.observer/filing/0000022356-24-000052.json
- Plain text: https://secwatch.observer/filing/0000022356-24-000052.txt

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