Commerce Bancshares, Inc. (CBSH) Bank of America Financial Services Conference 2026 February 10, 2026 1:50 PM EST
Company Participants
Charles Kim – Executive VP & CFO
Presentation
Unknown Analyst
I’m the senior mid-cap analyst here at Bank of America. And joining me this afternoon is Chuck Kim, Commerce Bancshares Executive Vice President and Chief Financial Officer. You’ve served as CFO since 2009. You’ve been with the bank since 1989. And under your leadership, the bank has essentially maintained reputation as being one of the most consistent, well-capitalized banks in the country. So it’s a pleasure to have you.
Question-and-Answer Session
Unknown Analyst
Before we jump into 2026, I would love to hear your thoughts on how 2025 went for the bank in your perspective?
Charles Kim
Executive VP & CFO
Sure. So 2025 is an exciting year for us back in the M&A space for the first time in 13 years with FineMark, and we can talk some more about that later, but very exciting strategic opportunity for us. ’25 was a record year, almost no matter how you slice it, record earnings, record EPS probably record ROA for the whole year, and that was built on the back of 10% EPS growth in ’24, where we had posted sort of similar results, 9% growth in EPS in ’25. So really strong years.
I think our model with our low-cost deposit base and our really strong fee income businesses really played out the way it should play out, and we’ve enjoyed a couple of strong years. And then we did close on the FineMark transaction, which was an exciting thing for us. It was fun to get that across the finish line, a result of a 5-year relationship that we had with FineMark, getting to know them and the timing got to be right. And
Read the full article here
