Commerce Bancshares posted Q2 2026 EPS of $1.10, up 14.58% from Q1; net income rose 12.85% to $159.8 million.
Revenue climbed 4.88% from Q1 to $498.9 million as net interest income increased 5.07% to $315.1 million.
Net yield on interest-earning assets widened 0.18 percentage point to 3.77%; ROA improved to 1.84% from 1.62% in Q1.
Credit quality strengthened as annualized net charge-offs fell to 0.19% from 0.30% in Q1; allowance for credit losses ended at $195.4 million.
Repositioning included selling the Treasury inflation-protected securities portfolio; Q2 included a $105.4 million Visa gain, offset by a $97.7 million repositioning loss.