For the quarter ended June 2026, Commerce Bancshares (CBSH Quick QuoteCBSH - Free Report) reported revenue of $498.91 million, up 11.9% over the same period last year. EPS came in at $1.10, compared to $1.14 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $488.01 million, representing a surprise of +2.24%. The company delivered an EPS surprise of +5.77%, with the consensus EPS estimate being $1.04.

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: 58.4% versus the four-analyst average estimate of 57.6%.
• Net Interest Margin (Net yield on interest earning assets): 3.8% versus 3.7% estimated by four analysts on average.
• Average total interest earning assets: $33.78 billion compared to the $34.02 billion average estimate based on three analysts.
• Annualized net loan charge-offs to total average loans: 0.2% compared to the 0.3% average estimate based on three analysts.
• Book value per common share: $30.45 versus the two-analyst average estimate of $30.89.
• Fully-taxable equivalent net interest income: $317.48 million versus the four-analyst average estimate of $311.81 million.
• Total Non-Interest Income: $183.83 million versus the four-analyst average estimate of $178.28 million.
• Deposit account charges and other fees: $29.26 million compared to the $28.58 million average estimate based on three analysts.
• Net Interest Income: $315.09 million versus $309.28 million estimated by three analysts on average.
• Trust fees: $71.51 million versus $71.88 million estimated by three analysts on average.
• Bank card transaction fees: $48.12 million versus the three-analyst average estimate of $46.79 million.
• Consumer brokerage services: $5.86 million compared to the $5.52 million average estimate based on two analysts.

View all Key Company Metrics for Commerce here>>>

Shares of Commerce have returned +6.3% over the past month versus the Zacks S&P 500 composite's +0.5% 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.