Commerce Bancshares Inc. reports developments for a regional bank holding company whose primary subsidiary, Commerce Bank, provides banking, payment solutions, wealth management and securities brokerage. Company news commonly covers quarterly earnings, credit and fee-income trends, common-stock dividends, share repurchase authorization, annual meeting activity and balance-sheet portfolio actions.
Commerce also reports on its Commercial, Retail Banking and Wealth operations, including lending, deposits, cash management, mortgage banking, card services, trust, brokerage and investment management. Following the completed FineMark acquisition, recurring updates include the expansion of private banking and wealth management in Florida, Arizona and South Carolina, alongside Commerce's Midwest banking center network and nationwide payment solutions.
Commerce Bancshares (NASDAQ: CBSH) reauthorized its share repurchase program, approving purchases of up to 7,500,000 total common shares.
The 7,500,000-share authorization includes the amount remaining from the prior authorization on April 24, 2026; it is not an additional allocation of that size. Repurchases may occur through open market purchases, privately negotiated transactions or other legally compliant methods. Management retains sole discretion over purchases, with timing and actual volume dependent on market pricing and conditions and other considerations. The program does not require Commerce to buy any particular number of shares.
Commerce Bancshares (CBSH) approved a 5% common stock dividend payable December 22, 2026, alongside its quarterly cash dividend declaration.
The cash dividend of $0.275 per common share is payable December 21, 2026. Both dividends go to shareholders of record at the close of business on December 1, 2026. The cash dividend does not apply to shares issued through the stock dividend.
Commerce Bancshares (CBSH) reported third-quarter earnings per share of $1.08, higher than a year earlier but below the preceding quarter. EPS compared with $1.01 a year earlier and $1.10 in the second quarter. Net income was $155.0 million, versus $141.5 million and $159.8 million, respectively.
Net interest income declined $6.2 million sequentially to $308.9 million, while non-interest income rose 0.9% to $185.5 million. Non-interest expense fell 3.7% from the prior quarter to $285.9 million. Average loans increased 0.8% sequentially to $20.7 billion; average deposits declined 1.3% to $27.2 billion. Annualized net loan charge-offs rose to 0.20% of average loans from 0.19%. Commerce repurchased approximately 1.9 million shares at an average $58.84. Nine-month EPS reached $3.14, versus $3.03 a year earlier, with net income of $456.4 million versus $425.6 million.
Commerce Bancshares (CBSH) subsidiary Commerce Bank is offering eligible checking-account customers complimentary access to Greenlight’s family finance app and debit card.
The Greenlight Select Plan monthly fee is waived while an eligible Commerce account remains connected as the funding source and Commerce’s relationship with Greenlight continues. The app includes children’s spending controls, allowance payments and savings tools. Premium upgrades carry additional fees, with eligible customers receiving a $5.99 monthly discount. If Commerce ends the relationship, members become responsible for all Greenlight monthly fees. The offer ends August 9, 2029, and enrollment requires identity verification and applicable minimum funding.
Commerce Bancshares (CBSH) subsidiary Commerce Bank has completed its acquisition of Nolan & Associates, adding investment banking capabilities for middle-market clients. The St. Louis-based firm serves clients nationwide. Commerce Bank said the acquisition broadens its support for business owners making growth, acquisition, capital-raising and ownership transition decisions.
The transaction was completed through the acquisition of Middle Market Transactions (MMTI), an affiliate of Nolan & Associates. Nolan & Associates and MMTI were consolidated before the acquisition. MMTI is now a wholly-owned subsidiary of Commerce Bank and will operate under the Nolan & Associates name. The acquired business will retain its leadership team, employees and Brentwood, Missouri office. Transaction terms were not disclosed.
Commerce Bancshares (NASDAQ: CBSH) declared a quarterly cash dividend of $0.275 per share on its common stock. The dividend will be paid on September 22, 2026 to shareholders of record as of the close of business on September 4, 2026.
According to Commerce Bancshares, the regional bank holding company has $35.3 billion in assets as of June 30, 2026 and offers banking, payment solutions, wealth management and securities brokerage through its Commerce Bank subsidiary.
Commerce Bancshares (NASDAQ:CBSH) reported second quarter 2026 diluted EPS of $1.10, up from $1.09 a year ago and $0.96 in Q1 2026. Net income was $159.8 million versus $152.5 million in Q2 2025. Total revenue reached $498.9 million, with net interest income of $315.1 million and non-interest income of $183.8 million.
The net interest margin rose 18 bps sequentially to 3.77%. Non-interest income increased 4.5% quarter over quarter, including strong trust and bank card fees, a $105.4 million gain on Visa stock and a $97.7 million loss from securities portfolio repositioning. ROA was 1.84% and ROE 14.70%. The bank repurchased about 2.1 million shares for $110 million at an average price of $53.03 while maintaining a Tier 1 leverage ratio of 12.81%. Average loans rose to $20.5 billion, average deposits slipped to $27.6 billion, and annualized net loan charge-offs declined to 0.19% of average loans.
Commerce Bank (NASDAQ:CBSH) agreed to acquire Nolan & Associates, a St. Louis boutique investment bank focused on middle‑market advisory. Nolan will operate as a wholly owned subsidiary, and Commerce will also acquire FINRA-regulated Middle-Market Transactions (MMTI). Terms were not disclosed; closing requires regulatory approval.
The deal adds investment banking capabilities to Commerce’s commercial and wealth platforms, aiming to support clients through business growth, acquisitions, and ownership transitions while retaining Nolan’s team, office, and client-focused culture.
Commerce Bancshares (NASDAQ:CBSH) reported that Visa accepted its tender of 411,723 Visa Class B-2 shares in an exchange for Class B-3 and Class C shares, generating a $99 million gain from marking Visa Class C to fair value.
The company will sell about $911 million of available-for-sale debt securities yielding ~2.5%, expecting a pretax loss of ~$95 million, and reinvest most proceeds into securities yielding ~4.0%. The combined moves are expected to be roughly neutral to the Common Equity Tier 1 ratio and, according to the company, should increase net interest income and reduce earnings volatility and interest-rate exposure.
Commerce Bancshares (NASDAQ: CBSH) announced that its Board approved adding 2,500,000 shares to the company’s share repurchase authorization, bringing the total authorized under the program to 7,500,000 shares.
Repurchases may occur via open market or negotiated transactions, at management’s discretion, subject to market, business, legal, accounting, and regulatory conditions. The program does not obligate any purchases and may be suspended, modified, or terminated at any time.