Commerce Bancshares Revenue Miss Leads 7% Drop

Commerce Bancshares reported Q1 2026 adjusted EPS of $0.96, beating consensus $0.82 by $0.14.
Revenue fell short at $475.69 million versus $479.94 million estimate, despite an 11.1% year‑over‑year increase.
The FineMark Holdings acquisition added $3.9 billion assets and $14 million integration costs, boosting loans and deposits.
Shares slid 6.77% pre‑market; the bank repurchased $84 million of stock and saw net income rise to $141.6 million.