COMMERCE BANCSHARES INC /MO/(CBSH)Earnings Date, History & Expected Move

Next report
Oct 14, 2026

CBSH is scheduled to report on Oct 14, 2026, usually before the market opens. Analysts expect EPS of $1.09.

Next report
Oct 14, 2026
In 6 days · usually before open
EPS beat rate
83%
10 of 12 quarters
Avg move after earnings
±2.0%
Up 64% of the time · last 11
Options-implied move
—
No reliable options quote yet

EPS: Actual vs Estimate

Reported earnings per share against the consensus estimate, last 12 quarters.

Green = beat or met, red = missed, amber = our data sources disagree on beat vs miss for that quarter.

Stock Reaction After Earnings

Close-to-close move in the first session that reflected each report.

Dashed lines mark the average actual move (±2.0%).

Did the stock rise after good news?

"Beat" means the company earned more than analysts expected. Here is what the stock did the next day.

When it beat expectations
9 reports
When it missed expectations
2 reports

In plain words: it beat expectations 9 times, but the stock still fell 3 of those 9 times.

Report by report
  • Jul '26
    Beat
    ▲ +2.1%
  • Apr '26
    Beat
    ▼ -1.6%
  • Jan '26
    Beat
    ▼ -1.2%
  • Oct '25
    Missed
    ▼ -7.5%
  • Jul '25
    Beat
    ▲ +0.0%
  • Apr '25
    Beat
    ▲ +2.2%
  • Jan '25
    Beat
    ▲ +0.2%
  • Oct '24
    Beat
    ▼ -0.9%
  • Jul '24
    Beat
    ▲ +3.0%
  • Apr '24
    Beat
    ▲ +1.5%
  • Jan '24
    Missed
    ▲ +2.1%

Only reports with a clear beat or miss and a known price reaction are counted. A beat does not guarantee a gain.

After an EPS beat
+0.6%
average next-day move · up 67% of 9 times
After an EPS miss
-2.7%
average next-day move · up 50% of 2 times

Why did CBSH fall after beating earnings?

Beating or missing estimates is only part of the story. These are the measurable things that stand out for each surprising reaction.

CBSH beat EPS estimates in 9 quarters, and the stock still closed lower the next day 3 times. In 3 of the 3 where we have price data, the stock had already run up before the report.

  • Apr 21, 2026EPS beat +12.9%stock -1.6% next day
    • It had risen 7.8% in the 20 trading sessions before the report, so good news may already have been priced in.
  • Jan 22, 2026EPS beat +1.0%stock -1.2% next day
    • It had risen 3.3% in the final week before the report, so good news may already have been priced in.
    • The EPS beat was small (+1.0%).
    • It opened 1.3% lower as soon as trading resumed.
  • Oct 17, 2024EPS beat +6.6%stock -0.9% next day
    • It had risen 5.7% in the final week before the report, so good news may already have been priced in.
    • It opened 3.6% higher, but sellers took over and it closed -0.9%.

Rose despite an EPS miss (1 of 2)

  • Jan 18, 2024EPS missed -1.3%stock +2.1% next day
    • The EPS miss was small (-1.3%).
    • It opened 2.0% higher as soon as trading resumed.

These are patterns visible in estimates and prices, not confirmed causes. Information only, not investment advice.

Was CBSH's earnings move already priced in?

Stocks often move in the weeks before a report. This compares that run-up with what happened after the report.

Avg move in the month before
+2.4%
last 11 reports
Higher before the report
64%
of the time
After a run-up of 3%+
Fell 40%
5 reports, avg +0.5%
After a drop of 3%+
Rose 67%
3 reports, avg -1.1%

“Month before” is the move over the 20 trading days up to the last close before the report. “Priced in” means the good news may already be in the price. A run-up of 5% or more is treated as large.

Before vs after each report

Grey: how the stock moved in the 20 trading days before the report. Green or red: how it moved the day after.

Past reports only: this shows what happened, not what will happen.

Does CBSH hold its opening gap after earnings?

A gap is how far the stock opens from the previous close. A gap fades when the stock gives back at least half of it by the end of the day.

In 6 reports CBSH opened at least 1% away from the previous close. It gave back half or more of that gap by the close 2 of 6 times (33%), and fully reversed 1 time. Gaps up faded 2 of 4; gaps down recovered 0 of 2.

  • Jul 16, 2026Held
    Opened +1.4%, closed +2.1%
  • Jan 22, 2026Held
    Opened -1.3%, closed -1.2%
  • Oct 16, 2025Held
    Opened -1.7%, closed -7.5%
  • Jul 16, 2025Faded
    Opened +1.7%, closed +0.0%
  • Oct 17, 2024Reversed
    Opened +3.6%, closed -0.9%
  • Jan 18, 2024Held
    Opened +2.0%, closed +2.1%

Gap = opening price vs the previous close. Close = the end of the first session that reflected the report. Reports without a clear opening time are left out.

What the history says

  • CBSH has beaten EPS estimates in 3 straight quarters.

CBSH earnings history

Last 12 reported quarters with the stock's reaction.

Swipe sideways to see every column →

Report dateTimeEPS est.EPS actualSurprise1-day move3-day move
Jul 16, 2026Before open$1.05$1.10+4.8%+2.13%+1.07%
Apr 21, 2026Before open$0.93$1.05+12.9%-1.58%+0.33%
Jan 22, 2026Before open$1.00$1.01+1.0%-1.23%-4.23%
Oct 16, 2025Before open$1.05$1.01-3.8%-7.52%-4.66%
Jul 16, 2025Before open$1.00$1.09+9.0%+0.02%+2.10%
Apr 16, 2025Before open$0.90$0.93+3.3%+2.16%-0.03%
Jan 22, 2025Before open$0.89$0.96+7.9%+0.20%+0.79%
Oct 17, 2024Before open$0.91$0.97+6.6%-0.89%-0.50%
Jul 18, 2024Before open$0.82$0.97+18.3%+2.95%+3.39%
Apr 16, 2024Before open$0.73$0.78+6.8%+1.52%+3.65%
Jan 18, 2024Before open$0.77$0.76-1.3%+2.14%+6.13%
Oct 18, 2023Before open$0.80$0.83+3.8%——

Consensus for the next report: EPS $1.09, revenue $509.53M.

CBSH Earnings FAQ

Answers computed from COMMERCE BANCSHARES INC /MO/'s reported history

CBSH is scheduled to report on Oct 14, 2026, usually before the market opens. Analysts expect EPS of $1.09.

Over the last 12 quarters with a usable EPS surprise, CBSH beat the consensus estimate 10 times (83%), missed 2 and landed in line 0. It has beaten estimates in each of the last 3 counted quarters.

Across its last 11 quarters with a measured reaction, CBSH moved an average of ±2.0% in the first session after reporting. It closed higher 64% of the time; the largest gain was 3.0% and the largest drop -7.5%.

CBSH fell in the first session after 3 of its last 9 EPS beats (33%). A beat that was already priced in, or weaker guidance, can send a stock lower. In 3 of the 3 of those falls where price data is available, the stock had already risen before the report.

Across its last 11 quarters with price data, CBSH moved an average of +2.4% in the 20 trading sessions before reporting and was higher in 64% of them. After a run-up of 3% or more (5 quarters), it fell the next day 40% of the time, averaging +0.5%. After a drop of 3% or more (3 quarters), it rose the next day 67% of the time, averaging -1.1%. This describes past reports; it is not a forecast.

In 6 reports CBSH opened at least 1% away from the previous close. It gave back half or more of that gap by the close 2 of 6 times (33%), and fully reversed once. A fade means the opening move was partly undone during the first session.

How we calculate these numbers

Reported EPS and estimates come from Yahoo Finance; report times, upcoming dates and revenue come from Finnhub. The 1-day move is the close-to-close change over the first session that reflects the report (the report-day close for after-close reports, the prior close for pre-market reports); reactions are left blank when the report time is unknown or looks inconsistent. The expected move is the price of the nearest at-the-money straddle that expires after the report divided by the share price, shown only when the quotes are liquid. Quarters where the two data sources disagree on beat versus miss are shown but never counted. Information only, not investment advice.

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