Commerce Bancshares Q2 total revenue $445.8 million, estimated $435.6 million

Commerce Bancshares Q2 total revenue $445.8 million, estimated $435.6 million

Commerce Bancshares, Inc. has reported its second-quarter (Q2) 2025 earnings, showing a strong performance that exceeded market expectations. The company's earnings per share (EPS) reached $1.14, surpassing the estimated $0.98 per share and the same period last year's $1.03 per share. The net income for the quarter amounted to $152.5 million, up from $139.6 million in the same quarter last year.

Key financial highlights include a total revenue of $445.76 million, which was slightly above the estimated $435.6 million. Net interest income grew by $11.0 million to $280.1 million, while non-interest income increased by $13.4 million to $165.6 million. The company's return on average assets was 1.95%, and the return on average equity was 17.40%.

In addition to its strong financial performance, Commerce Bancshares announced its plans to acquire FineMark Holdings, a respected and well-established bank and trust company headquartered in Fort Myers, Florida. This acquisition aims to bring new capabilities, specialized services for niche client segments, and extended market reach to the company.

The company's capital and liquidity levels remain strong, with non-accrual loans at 0.11% of total loans and a ratio of the allowance for credit losses on loans to total loans at 0.94%. The total assets on June 30, 2025, were $32.3 billion, a decrease of $80.7 million from the prior quarter.

Overall, Commerce Bancshares' Q2 results demonstrate a robust performance, driven by loan growth, strong fee income, and disciplined expense management. The company's long-term strategies and continued commitment to customer service are well-positioned to deliver value to its shareholders.

References:
[1] https://www.stocktitan.net/news/CBSH/commerce-bancshares-inc-reports-second-quarter-earnings-per-share-of-q88nz7cxhfe4.html