Commerce Bancshares posts Q3 2026 EPS of $1.08, net income $155 M, revenue $494 M

Commerce Bancshares reported third‑quarter 2026 earnings per share of $1.08, beating the $1.07 consensus. Net income rose 9.5% year‑over‑year to $155.0 million, while total revenue fell 10.5% to $494.3 million. The bank’s net interest income was $308.9 million and it repurchased about 1.9 million shares at an average price of $58.84. CEO John Kemper highlighted strong loan growth and fee‑income momentum.

The earnings beat and 9.5% net‑income increase may support the stock, but the 10.5% revenue decline could weigh on investors.

  • 1Earnings per share were $1.08 for the quarter.
  • 2Net income for Q3 2026 was $155.0 million.
  • 3Net interest income totaled $308.9 million.
  • 4Total revenue for the quarter was $494.3 million.
  • 5The company repurchased approximately 1.9 million shares at an average price of $58.84.
  • 6Average loan balances increased by $172.3 million from the prior quarter.

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