Commerce Bancshares (CBSH Quick QuoteCBSH - Free Report) reported $475.69 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 11.1%. EPS of $0.96 for the same period compares to $0.98 a year ago.

The reported revenue represents a surprise of +0.44% over the Zacks Consensus Estimate of $473.62 million. With the consensus EPS estimate being $0.94, the EPS surprise was +2.49%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Commerce performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Efficiency Ratio: 60% compared to the 58.2% average estimate based on four analysts.
• Net Interest Margin (Net yield on interest earning assets): 3.6% versus the four-analyst average estimate of 3.6%.
• Average total interest earning assets: $34.13 billion versus $33.56 billion estimated by three analysts on average.
• Annualized net loan charge-offs to total average loans: 0.3% versus the three-analyst average estimate of 0.2%.
• Book value per share: $29.64 compared to the $30.06 average estimate based on two analysts.
• Fully-taxable equivalent net interest income: $302.2 million versus $301.98 million estimated by four analysts on average.
• Total Non-Interest Income: $175.85 million versus the four-analyst average estimate of $176.89 million.
• Deposit account charges and other fees: $28.58 million compared to the $28.46 million average estimate based on three analysts.
• Net Interest Income: $299.84 million versus the three-analyst average estimate of $297.55 million.
• Trust fees: $71.05 million compared to the $70.12 million average estimate based on three analysts.
• Bank card transaction fees: $45.59 million versus $46.43 million estimated by three analysts on average.
• Consumer brokerage services: $5.44 million compared to the $5.27 million average estimate based on two analysts.

View all Key Company Metrics for Commerce here>>>

Shares of Commerce have returned +6.9% over the past month versus the Zacks S&P 500 composite's +9.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.