secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK:        0000022356
Form:       8-K
Filed at:   2026-07-16T13:22:11+00:00
Accession:  0000022356-26-000176
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Commerce Bancshares Q2 EPS $1.10, up from $1.09 YoY; NIM expands to 3.77%
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- Net income $159.8M ($1.10 EPS) vs $152.5M ($1.09) in Q2 2025; ROAA 1.84%.
- Net interest income $315.1M, up $15.2M QoQ; net yield 3.77% (+18 bps).
- Repurchased 2.1M shares for $110M at avg $53.03; dividend $0.275/share.
- Completed securities repositioning: sold TIPS, realized $97.7M loss offset by $105.4M Visa gain.
- Credit quality improved: net charge-off ratio 0.19% vs 0.30% prior quarter; ACL ratio 0.94%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22356/000002235626000176/0000022356-26-000176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22356/000002235626000176/cbsh-20260716.htm
  HTML page:      https://secwatch.observer/filing/0000022356-26-000176

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer