Commerce Bancshares' Q3 profit and revenue miss estimates

Commerce Bancshares

16/10/2025 11:08

Overview

Commerce Bancshares Q3 revenue, EPS, and net income all missed analyst expectations

Company maintained strong credit quality with non-accrual loans at .09% of total loans

Commerce Bancshares to close FineMark acquisition on January 1, 2026

Outlook

Company did not provide specific financial guidance for future quarters or full year

Result Drivers

STEADY LOAN BALANCES - Co maintained stable average loan balances at $17.5 bln, contributing to stable net interest income

TRUST FEES GROWTH - Trust fees increased by $3.7 mln, or 6.8%, mainly due to higher private client fees

CREDIT QUALITY - Maintained excellent credit quality with non-accrual loans at .09% of total loans

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$440.96 mln
$447.84 mln (5 Analysts)
Q3 EPS
Miss
$1.06
$1.09 (8 Analysts)
Q3 Net Income
Miss
$141.51 mln
$146.86 mln (7 Analysts)
Q3 Net Interest Income
$279.45 mln
Q3 Pretax Profit
Miss
$184.77 mln
$188.69 mln (5 Analysts)
Q3 Credit Loss Provision
$20.06 mln


Press Release: ID:nBw2ChGJya

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)