earnings
confidence high
sentiment positive
materiality 0.75
Commerce Bancshares Q2 2026 EPS $1.10, net income $159.8M, net interest margin expands to 3.77%
COMMERCE BANCSHARES INC /MO/
- EPS $1.10 vs $1.09 YoY and $0.96 QoQ; net income $159.8M, up from $152.5M YoY.
- Net interest income $315.1M (+$15.2M QoQ); net yield 3.77% (+18 bps).
- Non-interest income $183.8M (+$8.0M QoQ); trust fees up 28.7% YoY.
- Repurchased 2.1M shares for $110M at avg $53.03; completed securities portfolio repositioning.
- Corrected: assets under administration grew $3.1B (3.4%) over prior quarter (not YoY).