Commerce Bancshares Q2 FY26 net income rises 4.8% to $159.79 million; net interest income climbs 12.5% to $315.09 million
Reuters2026/08/05 19:15- Commerce Bancshares posted second-quarter net income of USD 159.79 million, up 4.8% year over year; diluted EPS rose to USD 1.10.
- Net interest income climbed 12.5% from a year earlier to USD 315.09 million, helped by FineMark loan accretion income of USD 6.2 million.
- Non-interest income increased 11% to USD 183.83 million, driven by trust fees of USD 71.51 million, up 28.7%.
- Non-interest expense jumped 21.5% to USD 297.07 million, reflecting FineMark onboarding, USD 12 million in litigation expense, and USD 5.4 million in intangible amortization.
- Total assets were USD 35.27 billion at June 30, 2026; total deposits were USD 27.9 billion following the Jan. 1 FineMark acquisition.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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