Commerce Bank (CBSH) Declares Dividends of $0.2750 per Share

Core Viewpoint - Commerce Bancshares Inc. (CBSH) is recognized as one of the 10 Best Bank Stocks to Buy in 2026, highlighting its strong performance and consistent dividend growth [1]. Dividend Information - The board of directors declared a quarterly dividend of $0.2750 per share, marking a 5% increase from the previous rate of $0.2620, and this is the 58th consecutive year of dividend increases [1][8]. - The payment date for the dividend is set for March 24, with a record date of March 6 [1]. Financial Performance - The Q4 2025 results showed a 3.4% year-over-year growth in attributable net income, increasing from $136.1 million to $140.7 million [2]. - Diluted earnings per share grew by 5.2% year-over-year, rising from $0.96 to $1.01 [2]. Revenue Drivers - The earnings growth was primarily driven by a 6.2% year-over-year increase in net interest income (NII) [3]. - Net interest margin (NIM) expanded by 11 basis points year-over-year to 3.60%, supported by a decrease in average cost of funding to 1.75% [3]. Loan and Deposit Growth - The bank's loan book grew by 3.5% year-over-year, reaching $17.7 billion, with business and consumer loans increasing by 6.0% and 5.4%, respectively [4]. - The loan book growth was supported by a $0.7 billion increase in deposits, totaling $25.6 billion [4].