Commerce Bancshares Q2 EPS rises to $1.10 from $1.09 a year earlier
Commerce Bancshares reported second-quarter 2026 earnings of $1.10 per diluted share, up from $1.09 a year earlier and $0.96 in the first quarter, on net income of $159.8 million. Net interest income rose to $315.1 million as the net yield on interest-earning assets increased to 3.77%, and the company repurchased about 2.1 million shares for $110 million.
Key points
- Q2 2026 net income attributable to the company was $159.8 million, compared with $152.5 million in Q2 2025 and $141.6 million in Q1 2026.
- Net yield on interest-earning assets rose to 3.77% from 3.59% in the prior quarter; net interest income was $315.1 million.
- Non-interest income was $183.8 million; the quarter included a $105.4 million gain on Visa Inc. stock and a $97.7 million loss on the securities portfolio repositioning.
- Non-interest expense rose to $297.1 million, and total assets on June 30, 2026 were $35.3 billion.
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 July 16, 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.