---
schema_version: "secwatch.filing_event.v1"
accession: "0000022356-26-000123"
form_type: "8-K"
ticker: "CBSH"
cik: "0000022356"
company_name: "COMMERCE BANCSHARES INC /MO/"
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:12:07.675845+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Commerce Bancshares Q1 EPS $0.96 up from $0.93 YoY; FineMark acquisition closed

## Summary
- Net income $141.6M, EPS $0.96 vs $0.93 YoY and $1.01 in Q4 2025.
- Completed FineMark acquisition (Jan 1 2026) adding $3.9B assets; NII up $16.7M QoQ.
- Non-interest income $175.9M (+10.6% YoY); trust fees up 25.5%.
- Non-interest expense $291.1M incl $14M acquisition costs; efficiency ratio 60.0%.
- Average loans $20.3B (+$2.7B QoQ); net charge-offs 0.30%; ACL 0.97%.

## SEC filing metadata
- accession: 0000022356-26-000123
- form_type: 8-K
- ticker: CBSH
- cik: 0000022356
- company_name: COMMERCE BANCSHARES INC /MO/
- filed_at: 2026-04-21T23:59:59+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/22356/000002235626000123/0000022356-26-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22356/000002235626000123/cbsh-20260421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000022356-26-000123
- JSON: https://secwatch.observer/filing/0000022356-26-000123.json
- Plain text: https://secwatch.observer/filing/0000022356-26-000123.txt

## Key facts
- Earnings Releases
  COMMERCE BANCSHARES INC /MO/ reported the three months ended March 31, 2026 results: revenue $475,691, net income $141,623, EPS $.96.
  - Period: the three months ended March 31, 2026
  - Revenue: $475,691
  - Net income: $141,623
  - EPS: $.96
  - Result: reported results
  source text: share data) Mar. 31, 2026 Dec. 31, 2025 Mar. 31, 2025 FINANCIAL SUMMARY Net interest income $299,840 $283,152 $269,102 Non-interest income 175,851 166,208 158,949 Total revenue 475,691 449,360 428,051 Investment securities gains (losses) 11,647 2,929 (7,591) Provision for credit losses 10,960 15,993 14,487 Non-interest expense 291,126 252,995 238,376 Income
  evidence_url: https://www.sec.gov/Archives/edgar/data/22356/000002235626000123/0000022356-26-000123-index.htm

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