Benjamin F. Rassieur, III
Mr. Benjamin F. Rassieur, III retired from the Board of Directors of Commerce Bancshares, Inc. (“Company”) effective May 7th, 2026, due to the mandatory retirement requirements of the Company.
Highest-materiality recent filing
Commerce Bancshares gains $99M on Visa exchange; plans $911M bond repositioning with ~$95M loss
Visa accepted Commerce Bancshares' tender of 411,723 Visa Class B-2 shares; company records $99M pre-tax gain on Visa Class C mark-to-market.
Commerce Bancshares authorizes up to 7.5M share repurchase
Board authorized repurchase of up to 7,500,000 shares, inclusive of remaining prior authorization from Oct 31, 2025.
Commerce Bancshares tenders 411,723 Visa Class B-2 shares; expects significant gain in Q2 2026
Tendered all 411,723 Visa Class B-2 shares held at zero value in Visa's exchange offer.
Commerce Bancshares Q1 EPS $0.96 up from $0.93 YoY; FineMark acquisition closed
Net income $141.6M, EPS $0.96 vs $0.93 YoY and $1.01 in Q4 2025.
Commerce Bancshares Reports Q4 2025 EPS of $1.01 and Record Revenues
Q4 2025 net income $140.7M ($1.01 per share), up from $136.1M ($0.96) in Q4 2024.
Commerce Bancshares completes FineMark acquisition; issued ~9.9M shares valued at $528.5M
Post-merger: $36B total assets, $90B assets under administration; ranks 15th among bank-managed trust companies.
Commerce Bancshares authorizes up to 5M share buyback; appoints new director
Board appointed Alaina G. Maciá as independent director effective Oct 31, 2025, filling vacancy from Jonathan M. Kemper's retirement.
Commerce Bancshares Q3 EPS $1.06, net income $141.5M; trust fees up 6.8% YoY
Diluted EPS $1.06 vs $1.01 YoY; net income $141.5M vs $138.0M YoY.
Commerce Bancshares Q2 EPS $1.14 vs $1.03 YoY; record NII $280M
Net income $152.5M ($1.14/sh), up 9.3% YoY; ROA 1.95%, ROE 17.40%.
Each FineMark common share converts into 0.690 shares of Commerce common stock; cash for fractional shares.
Commerce Bancshares to acquire FineMark Holdings in $585M all-stock deal
All-stock transaction valued at ~$585M; exchange ratio 0.690 CBSH shares per FNBT share ($41.87/share).
Commerce Bancshares Q1 2025 EPS $0.98 vs $0.82 YoY; record net interest income $269M
EPS of $0.98, net income $131.6M, up 16.8% from $112.7M in Q1 2024.
Commerce Bancshares Q4 EPS $1.01, net income $136.1M, net interest margin 3.49%
Diluted EPS $1.01, up from $0.79 YoY; net income $136.1M vs $109.2M YoY.
Commerce Bancshares Q3 EPS $1.07, up from $0.92 YoY; trust fees +11.1%
EPS $1.07 (diluted) vs $0.92 YoY; net income $138M, up 14.4% from $120.6M in Q3 2023.
Commerce Bancshares Q2 EPS $1.07 vs $0.97 YoY; net interest margin expands 22 bps to 3.55%
Net income $139.6M ($1.07 diluted EPS) vs $127.8M ($0.97) in Q2 2023; total revenue $414.5M.
Commerce Bancshares authorizes repurchase of up to 5 million shares
Board approved repurchase of up to 5,000,000 shares, combining with prior authorization from April 2022.
Commerce Bancshares Q1 EPS $0.86, down from $0.91 YoY; net interest margin expands 16 bps
Diluted EPS of $0.86 vs $0.91 YoY and $0.84 QoQ; net income $112.7M.
Commerce Bancshares Q4 EPS $0.84, net income $109.2M; FDIC charge $16M
EPS of $0.84 vs $1.00 in Q4 2022 and $0.92 in Q3 2023; net income $109.2M.
Commerce Bancshares Q3 EPS $0.96 vs $0.97 YoY; net interest margin down 1bp
EPS $0.96, net income $120.6M vs $0.97/$122.8M in Q3 2022.
Commerce Bancshares Q2 EPS $1.02, net income $127.8M; deposits up 4.8% QoQ
Diluted EPS of $1.02 vs $0.92 YoY; net income $127.8M vs $115.8M YoY.
Commerce Bancshares Q1 2023 EPS $0.95, net income $119.5M, deposits decline 5.1% QoQ
EPS $0.95 vs $0.92 YoY and $1.05 Q4 2022; net income $119.5M vs $118.2M YoY.
Commerce Bancshares Q4 EPS $1.04, up from $0.90 YoY; net yield expands to 3.18%
Diluted EPS of $1.04 in Q4 2022 vs $0.90 in Q4 2021 and $0.97 in Q3 2022; net income $131.6M.
Commerce Bancshares Q3 2022 EPS $1.02, net interest margin expands to 3.01%
Net income $122.8M ($1.02 diluted EPS) vs $122.6M ($0.99) in Q3 2021 and $115.8M ($0.96) in Q2 2022.
Commerce Bancshares Q2 EPS $0.96, down 27% YoY; NIM expands 34 bps to 2.79%
EPS $0.96 vs $1.32 in Q2 2021 and $0.97 in Q1 2022; net income $115.8M, down 29% YoY.
Commerce Bancshares Q1 EPS $0.97, down from $1.06 YoY; net interest margin expands
Net income $118.2M ($0.97 diluted EPS) vs $131.0M ($1.06) in Q1 2021 and $114.9M ($0.94) in Q4 2021.
Commerce Bancshares Q4 EPS $0.94, down vs $1.05 YoY and $0.99 QoQ
Q4 net income $114.9M vs $129.9M YoY and $122.6M prior quarter; EPS $0.94.
Commerce Bancshares Q3 EPS $1.05 vs $1.06 YoY; trust fees +20.1%
Diluted EPS $1.05, net income $122.6M vs $132.4M YoY.
Commerce Bancshares Q2 EPS $1.38 vs $0.32 YoY; reserve release boosts earnings
Net income $162.3M ($1.38 EPS) vs $39.9M ($0.32) in Q2 2020; provision for credit losses negative $45.7M (release).
Mr. Benjamin F. Rassieur, III retired from the Board of Directors of Commerce Bancshares, Inc. (“Company”) effective May 7th, 2026, due to the mandatory retirement requirements of the Company.
The Board of Directors of Commerce Bancshares, Inc. (“Company”) approved the Company's appointment of Steven A. Brandjord in the role of Corporate Controller and Chief Accounting Officer, effective May 15, 2026.
Mr. Earl H. Devanny, III retired from the Board of Directors effective April 25, 2025, due to the Company's mandatory retirement age.
Messrs. John R. Capps and W. Thomas Grant, II retired from the Board of Directors effective May 13, 2022, due to the mandatory retirement age as required pursuant to the Bylaws of the Company.
Messrs. John R. Capps and W. Thomas Grant, II retired from the Board of Directors effective May 13, 2022, due to the mandatory retirement age as required pursuant to the Bylaws of the Company.
Effective May 13, 2022, the Board of Directors appointed Messrs. Blackford F. Brauer and W. Kyle Chapman, as independent members of the Board, to fill the vacancies created by the retirements of Messrs. Capps and Grant.
Effective May 13, 2022, the Board of Directors appointed Messrs. Blackford F. Brauer and W. Kyle Chapman, as independent members of the Board, to fill the vacancies created by the retirements of Messrs. Capps and Grant.
Mr. Andrew C. Taylor retired from the Board of Directors effective April 20, 2022, due to the Company’s mandatory retirement age.
Max materiality 0.90 · Median 0.65 · Most common event earnings