Commerce Bancshares, Inc. (CBSH)

Commerce Bancshares, Inc. topped consensus on both the top and bottom line in the second fiscal quarter of 2026, reported July 16, with revenue of $498.9 million against a $492.2 million estimate, +1.4%, and EPS of $1.10 versus $1.06, +3.8%. EPS of $1.10 was down 3.5% from $1.14 a year ago, while net income rose 4.8% to about $159.8 million from $152.5 million. Operating income came to about $205.9 million, and operating margin held near 41%. The company repurchased about $112.1 million of stock and paid about $40.7 million in dividends. Consensus for the next period calls for EPS of $1.09 on revenue of $501.0 million.