NASDAQ$CBSH
Commerce Bancshares Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Commerce Bancshares, Inc. reported earnings of $1.11 per share, with a net income of $129.9 million.
Commerce Bancshares, Inc. reported a strong fourth quarter, with earnings per share of $1.11 and net income of $129.9 million. The company saw improvements in economic conditions and a decrease in the allowance for credit losses. Fee-based businesses rebounded, and loan fees and sales increased significantly, driven by mortgage banking.
- Earnings per share reached $1.11, up from $0.88 in the same quarter last year.
- Net income was $129.9 million, compared to $106.9 million in the fourth quarter of 2019.
- Return on average assets was 1.63%, and return on average equity was 15.49%.
- Loan fees and sales increased 161% compared to the fourth quarter of 2019.
Headline financials
Revenue & EPS history
Commerce Bank · Revenue · Quarterly
$345M
Revenue by segment
Commerce Bank · $135M total across 7 segments · Q4 2020
- Trust Fees$42M+3.9%31.1%
- Bank Card Fees$40M-2.7%29.6%
- Deposit Account Fees$24.2M-3.2%17.9%
- Other Income$12.2M-54.7%9.0%
- Loan Fees and Sales$9.03M+160.6%6.7%
- Brokerage Services$4M-3.5%3.0%
- Capital Market Fees$3.83M+50.9%2.8%
Forward guidance
This information contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include future financial and operating results, expectations, intentions and other statements that are not historical facts. Such statements are based on current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
-0.1%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+2.4%
Avg return
30 days after
49%
34 / 69 earnings
Positive
+9.8%
Q1 2020
Best reaction
-8.3%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.1% | -1.6% | +1.5% | |
| Q4 2025 | -1.3% | -5.5% | -2.0% | |
| Q3 2025 | -7.6% | -5.0% | -5.5% | |
| Q2 2025 | -0.2% | -0.2% | -3.8% | |
| Q1 2025 | +2.2% | -0.0% | +11.7% | |
| Q4 2024 | +0.2% | +2.2% | -2.3% | |
| Q3 2024 | -0.6% | +0.0% | +16.1% | |
| Q2 2024 | +2.5% | +3.7% | +0.4% | |
| Q1 2024 | +3.6% | +5.1% | +9.8% | |
| Q4 2023 | +5.1% | +4.5% | -0.7% | |
| Q3 2023 | -5.9% | -10.3% | +2.7% | |
| Q2 2023 | +3.1% | +4.7% | -1.4% | |
| Q1 2023 | -3.7% | -3.3% | -12.0% | |
| Q4 2022 | -1.4% | -0.7% | +0.8% | |
| Q3 2022 | -4.1% | -5.4% | -1.5% | |
| Q2 2022 | -0.6% | +1.3% | +8.2% | |
| Q1 2022 | +3.7% | +1.5% | -6.6% | |
| Q4 2021 | -5.8% | -4.7% | -2.7% | |
| Q3 2021 | +1.2% | +0.8% | +2.0% | |
| Q2 2021 | -1.3% | -0.5% | -4.0% | |
| Q1 2021 | +0.1% | -3.4% | +3.9% | |
| Q4 2020 | -4.1% | -3.5% | +4.0% | |
| Q3 2020 | +4.8% | +9.0% | +17.2% | |
| Q2 2020 | +2.2% | +4.2% | +5.0% | |
| Q1 2020 | +9.8% | +1.3% | +11.1% | |
| Q4 2019 | +1.8% | +0.6% | +3.0% | |
| Q3 2019 | +3.4% | +5.0% | +9.3% | |
| Q2 2019 | -1.3% | +0.3% | -4.2% | |
| Q1 2019 | -1.4% | -0.1% | +0.7% | |
| Q4 2018 | +3.2% | +0.5% | +4.0% | |
| Q3 2018 | -5.3% | -3.6% | +2.7% | |
| Q2 2018 | +1.7% | +2.9% | +4.6% | |
| Q1 2018 | +5.7% | +5.8% | +10.2% | |
| Q4 2017 | +2.7% | +1.6% | +1.7% | |
| Q3 2017 | -2.9% | -2.8% | -5.0% | |
| Q2 2017 | +3.5% | +2.3% | -1.8% | |
| Q1 2017 | -0.5% | -0.7% | +1.4% | |
| Q4 2016 | -2.1% | -1.9% | +5.8% | |
| Q3 2016 | -2.7% | -0.3% | +11.9% | |
| Q2 2016 | +1.0% | -0.7% | -0.5% | |
| Q1 2016 | +3.8% | — | — | |
| Q4 2015 | -2.5% | — | — | |
| Q3 2015 | -4.3% | — | — | |
| Q2 2015 | +1.8% | — | — | |
| Q1 2015 | +1.4% | — | — | |
| Q4 2014 | -0.8% | — | — | |
| Q3 2014 | -3.9% | — | — | |
| Q2 2014 | -1.6% | — | — | |
| Q1 2014 | -6.6% | — | — | |
| Q4 2013 | +0.1% | — | — | |
| Q3 2013 | +1.4% | — | — | |
| Q2 2013 | -0.0% | — | — | |
| Q1 2013 | -2.7% | — | — | |
| Q4 2011 | -2.2% | — | — | |
| Q4 2012 | -0.5% | — | — | |
| Q3 2012 | -3.7% | — | — | |
| Q2 2012 | +4.1% | — | — | |
| Q1 2012 | +0.3% | — | — | |
| Q3 2011 | +0.3% | — | — | |
| Q2 2011 | -8.3% | — | — | |
| Q1 2010 | +1.5% | — | — | |
| Q1 2011 | +2.1% | — | — | |
| Q4 2010 | +2.2% | — | — | |
| Q4 2009 | +2.2% | — | — | |
| Q4 2008 | +2.2% | — | — | |
| Q3 2009 | -1.4% | — | — | |
| Q3 2010 | -1.4% | — | — | |
| Q2 2010 | -0.3% | — | — | |
| Q2 2009 | -0.3% | — | — |
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