Commerce Bancshares Q4 profit beats estimates on higher interest income

Commerce Bancshares

22/01/2026 11:09

Overview

Regional bank's Q4 revenue and EPS beat analyst expectations

Net income for Q4 exceeded analyst estimates

Company completed acquisition of FineMark, boosting wealth management

Outlook

Completion of FineMark acquisition expected to enhance wealth management and private banking

Result Drivers

REVENUE GROWTH - Record revenues in Q4 driven by strong net interest and non-interest income, per CEO John Kemper

TRUST FEES - Trust fees grew 10.3% over last year, mainly due to higher private client fees

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$449.36 mln
$442.41 mln (6 Analysts)
Q4 EPS
Beat
$1.01
$0.99 (9 Analysts)
Q4 Net Income
Beat
$140.66 mln
$139.24 mln (8 Analysts)
Q4 Net Interest Income
$283.15 mln
Q4 Credit Loss Provision
$15.99 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Commerce Bancshares Inc is $60.50, about 9.8% above its January 21 closing price of $55.11

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nBw6tgrpHa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)