Commerce Bancshares Reports Strong Q1 2025 Earnings

Commerce Bancshares ( (CBSH) ) has released its Q1 earnings. Here is a breakdown of the information Commerce Bancshares presented to its investors.

Commerce Bancshares, Inc. is a regional bank holding company providing a comprehensive range of banking services, including payment solutions, investment management, and securities brokerage, primarily operating in the Midwest and select commercial and wealth offices across the U.S.

Commerce Bancshares reported a strong financial performance for the first quarter of 2025, with earnings per share of $0.98, up from $0.82 in the same quarter last year. The company’s net income for the quarter was $131.6 million, reflecting a year-over-year increase, although slightly down from the previous quarter.

Key financial highlights include a record net interest income of $269 million, driven by fixed-rate asset repricing and balance sheet growth. Non-interest income rose to $158.9 million, with trust fees in wealth management showing significant growth. The company maintained strong credit quality, with non-accrual loans at a low 0.13% of total loans, and increased its allowance for credit losses to $167 million.

Despite uncertainties related to tariffs and capital market adjustments, Commerce Bancshares remains well-positioned to navigate potential economic disruptions. The management expresses confidence in executing long-term strategies, maintaining robust capital and liquidity levels, and continuing to deliver value to shareholders.