Regional lender Commerce Bancshares' Q2 profit beats estimates

Overview

• Commerce Bancshares Q2 2025 revenue beats analyst expectations, per LSEG data

• Adjusted EPS of $1.14 beats analyst estimates, reflecting disciplined expense management, per LSEG data

• Co announces acquisition of FineMark Holdings, expanding market reach and capabilities

Outlook

• Commerce plans to acquire FineMark Holdings to enhance capabilities

• Company well-positioned to execute long-term strategies

Result Drivers

• LOAN GROWTH - CEO John Kemper attributes strong financial performance to increased loan demand and fixed-rate asset repricing

• FEE INCOME - Non-interest income rose due to higher trust fees and bank card transaction fees

• EXPENSE MANAGEMENT - Disciplined expense management supported steady profit growth, per CEO John Kemper

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for Commerce Bancshares Inc is $66.25, about 4.5% above its July 15 closing price of $63.30

• The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBw31km9Sa