Commerce Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	1,102	1,037	1,063	984.98	646.93	571.43
Interest Income on Investments	449.76	447.1	406.62	396.31	352.05	276.86
Total Interest Income	1,552	1,484	1,470	1,381	998.98	848.29
Interest Paid on Deposits	303.78	296.43	336.16	246.14	30.47	11.24
Interest Paid on Borrowings	70.25	75.44	93.15	137.02	26.33	1.62
Total Interest Expense	374.03	371.87	429.31	383.16	56.79	12.87
Net Interest Income	1,178	1,112	1,040	998.13	942.19	835.42
Net Interest Income Growth	9.21%	6.88%	4.22%	5.94%	12.78%	0.67%
Trust Income	263.1	232.7	214.43	190.95	184.72	188.23
Gain (Loss) on Sale of Assets	3.8	3.8	2.5	-	-	-
Gain (Loss) on Sale of Investments	35.29	3.66	7.82	14.99	20.51	30.06
Gain (Loss) on Sale of Equity Investments	-	-	-	-	-	-2.6
Other Non-Interest Income	307.29	307.54	298.29	291.1	267.44	277.55
Total Non-Interest Income	722.69	655.94	623.38	588.03	567.04	590.45
Non-Interest Income Growth	13.50%	5.22%	6.01%	3.70%	-3.96%	14.23%
Revenues Before Loan Losses	1,900	1,768	1,664	1,586	1,509	1,426
Provision for Loan Losses	55.75	56.14	32.9	35.45	28.07	-66.33
Revenue	1,844	1,712	1,631	1,551	1,481	1,492
Revenue Growth	10.30%	4.96%	5.16%	4.70%	-0.74%	23.37%
Salaries and Employee Benefits	615.71	577.71	558.11	535.5	507.47	481.75
Occupancy Expenses	56.59	54.32	53.22	53.63	49.12	48.19
Federal Deposit Insurance	10.75	10.05	16.48	33.16	10.58	9.09
Selling, General & Administrative	285.74	260.38	241.76	235.49	224.78	174.27
Other Non-Interest Expense	83.91	73.27	71.66	73.2	56.83	84.4
Total Non-Interest Expense	1,053	975.73	941.23	930.98	848.78	797.7
EBT Excluding Unusual Items	791.77	735.94	689.49	619.73	632.38	694.5
Legal Settlements	-10.5	1.5	-10	-	-	-8.2
Pretax Income	759.27	731.84	679.49	619.73	632.38	686.3
Income Tax Expense	168.43	161.14	145.09	134.55	132.36	145.71
Earnings From Continuing Operations	590.84	570.7	534.4	485.18	500.02	540.59
Minority Interest in Earnings	-7.25	-4.45	-8.07	-8.12	-11.62	-9.83
Net Income	583.59	566.25	526.33	477.06	488.4	530.77
Preferred Dividends & Other Adjustments	5.39	5.39	4.91	4.24	4.45	4.85
Net Income to Common	578.21	560.87	521.42	472.82	483.95	525.92
Net Income Growth	4.58%	7.57%	10.28%	-2.30%	-7.98%	55.20%
Basic Shares Outstanding	142	139	141	143	145	148
Diluted Shares Outstanding	142	139	141	143	145	148
Shares Change	1.15%	-1.78%	-1.38%	-1.34%	-1.93%	-0.39%
EPS (Basic)	4.08	4.04	3.69	3.30	3.34	3.56
EPS (Diluted)	4.08	4.04	3.69	3.30	3.33	3.55
EPS Growth	3.39%	9.52%	11.82%	-0.97%	-6.16%	55.80%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.074	1.048	0.980	0.933	0.872	0.823
Dividend Growth	5.83%	6.90%	5.04%	6.95%	6.04%	2.07%
Effective Tax Rate	22.18%	22.02%	21.35%	21.71%	20.93%	21.23%

SEC Filings: 10-K · 10-Q