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Here's What Key Metrics Tell Us About Commerce (CBSH) Q3 Earnings
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For the quarter ended September 2026, Commerce Bancshares (CBSH - Free Report) reported revenue of $494.34 million, up 12.1% over the same period last year. EPS came in at $1.08, compared to $1.06 in the year-ago quarter.
The reported revenue represents a surprise of +0.3% over the Zacks Consensus Estimate of $492.85 million. With the consensus EPS estimate being $1.07, the EPS surprise was +0.94%.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Commerce performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin (Net yield on interest earning assets): 3.7% compared to the 3.7% average estimate based on six analysts.
Efficiency Ratio: 56.7% versus 57.4% estimated by six analysts on average.
Annualized net loan charge-offs to total average loans: 0.2% versus 0.2% estimated by five analysts on average.
Average total interest earning assets: $33.29 billion versus the five-analyst average estimate of $33.61 billion.
Book value per common share: $29.68 versus the three-analyst average estimate of $30.70.
Non-accrual loans: $11.51 million versus the two-analyst average estimate of $12.25 million.
Fully-taxable equivalent net interest income: $311.26 million versus $313.35 million estimated by six analysts on average.
Total Non-Interest Income: $185.47 million versus $184.96 million estimated by six analysts on average.
Deposit account charges and other fees: $29.65 million versus the four-analyst average estimate of $29.5 million.
Net Interest Income: $308.88 million versus the four-analyst average estimate of $310.77 million.
Trust fees: $73.42 million versus the four-analyst average estimate of $73.2 million.
Bank card transaction fees: $49.18 million versus $47.38 million estimated by four analysts on average.
Shares of Commerce have returned -2.6% over the past month versus the Zacks S&P 500 composite's +0.7% 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.
View the Zacks #1 Rank List
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Here's What Key Metrics Tell Us About Commerce (CBSH) Q3 Earnings
For the quarter ended September 2026, Commerce Bancshares (CBSH - Free Report) reported revenue of $494.34 million, up 12.1% over the same period last year. EPS came in at $1.08, compared to $1.06 in the year-ago quarter.
The reported revenue represents a surprise of +0.3% over the Zacks Consensus Estimate of $492.85 million. With the consensus EPS estimate being $1.07, the EPS surprise was +0.94%.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Commerce performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Commerce here>>>
Shares of Commerce have returned -2.6% over the past month versus the Zacks S&P 500 composite's +0.7% 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.