Commerce Bancshares Posts 3Q EPS of $1.08
CBSH sits 17% above its 52-week low of $46.986.
Summary
Commerce Bancshares reported third-quarter EPS of $1.08, the first hard number for the quarter, against an IBES estimate of USD 1.07. That compares with $1.10 in Q2 2026, when the FineMark acquisition drove double-digit growth in net interest income and trust fees and the bank beat consensus by $0.04. Third-quarter net income was $155M, while net interest income fell $6.2M to $308.9M and net yield dropped six basis points to 3.71%; the bank repurchased about 1.9M shares at an average $58.84. The stock trades near $55 with a roughly $7.9B market cap, and the Q2 print set a high bar. Insiders have been steady sellers through the summer near 52-week highs, which is routine diversification rather than a thesis change. Full release details — net interest margin, provision, and fee income — will determine whether this quarter extends the FineMark-driven growth trend.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Commerce Bancshares' Q3 net interest income fell $6.2M to $308.9M and net yield dropped six basis points to 3.71%; it repurchased about 1.9M shares at an average $58.84.
At the time of this announcement, CBSH was trading at $55.16 on NASDAQ in the Finance sector, with a market capitalization of approximately $7.9B. The 52-week trading range was $46.99 to $60.92. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.