Commerce Bancshares Q1 EPS rises to $0.96 from $0.93, net income $141.6 million
Commerce Bancshares reported first quarter 2026 earnings of $0.96 per diluted share and net income of $141.6 million, up from $0.93 per share and $131.6 million a year earlier. Results were down from the prior quarter's $1.01 per share, though net income rose from $140.7 million, and they include about $14 million of acquisition-related expense tied to the FineMark Holdings deal, which closed January 1, 2026.
Key points
- Q1 2026 diluted EPS was $0.96, versus $0.93 in Q1 2025 and $1.01 in Q4 2025.
- Net income attributable to the company was $141.6 million, versus $131.6 million in Q1 2025 and $140.7 million in Q4 2025.
- The FineMark Holdings acquisition closed January 1, 2026, adding total assets of approximately $3.9 billion.
- The company repurchased more than $84 million of common stock during the quarter; return on average assets was 1.62%.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 21, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.