COMMERCE BANCSHARES INC /MO/ CBSH

Commerce Bancshares Inc (CBSH), the Missouri-based regional banking group, reported net income attributable to the parent of $141.6 million for the quarter ending 31 March 2026, with diluted earnings per share of $0.96, according to its 10-Q filed on SEC EDGAR on 7 May 2026. The same filing carries a total revenue line of $468.4 million against $455.7 million a year earlier, even though the standard XBRL Revenues tag returned $0, a tagging quirk rather than a sign the bank earned nothing.

Commerce Bancshares is an operating bank, not a product company in the conventional sense. Its business is gathering deposits and extending credit, which is why its cash statement shows $684.8 million provided by operating activities while payments to acquire property, plant and equipment were only $6.4 million for the period. A lender's capex is staff, branches and systems, not factories, and the numbers reflect that asset-light operating shape.

The balance sheet, per the 10-Q for the period ending 31 March 2026, shows $35.72 billion in assets, $31.39 billion in liabilities and $4.30 billion of stockholders' equity attributable to the parent. The filing also discloses $14.0 million of transaction costs incurred after an acquisition date, recorded primarily within salaries and employee benefits and professional and other services on the Consolidated Statements of Income, indicating a recent or in-progress integration absorbing real expense.

The recent public trail is dominated by insider and ownership filings rather than corporate announcements: a Form 144 on 16 June 2026, a Form 4 on 18 June 2026, and four Form 4 filings on 2 June 2026, all on SEC EDGAR. The visual and source rail here is documentary, the EDGAR filing index and submissions data, rather than a chart route or a product image; no price levels, candles or technical readings are available or implied in this evidence.

What changed is incremental: a quarter of $141.6 million net income, a steady run of insider filing trail, and a flagged acquisition cost. What remains unproven from this rail includes the size and direction of the insider transactions, the identity and strategic weight of the acquisition behind the $14.0 million in costs, deposit and loan trends, and any capital-ratio or dividend detail, none of which the supplied facts parse. The most useful next evidence would be the parsed net interest income and segment breakdown, the specifics of the Form 4 and Form 144 transactions, and acquisition disclosures.