Commerce Bancshares shares rose 1.7% after the company reported second-quarter 2026 earnings of $1.10 per share, surpassing the Zacks Consensus Estimate of $1.04. Net income attributable to Commerce Bancshares was $159.8 million, up 4.8% year over year. Total revenues increased 11.9% to $498.9 million, driven by a 12.5% rise in net interest income to $315.1 million and an 11% increase in non-interest income to $183.8 million. Non-interest expenses climbed 21.5% to $297.1 million, and the provision for credit losses rose 56% to $8.7 million. As of June 30, 2026, net loans grew 1.9% sequentially to $20.64 billion, while total deposits fell 1.8% to $27.88 billion.
Commerce Bancshares Increported Q2 earnings beat with EPS $1.10 vs estimate $1.04, net income up 4.8% YoY
Bank of America Corp