v3.25.2
Common Stock (Tables)
6 Months Ended
Jun. 30, 2025
Common Stock [Abstract]  
Summary Of Components Used To Calculate Basic And Diluted Income Per Share
Presented below is a summary of the components used to calculate basic and diluted income per share. The Company applies the two-class method of computing income per share, as nonvested share-based awards that pay nonforfeitable common stock dividends are considered securities which participate in undistributed earnings with common stock. The two-class method requires the calculation of separate income per share amounts for the nonvested share-based awards and for common stock. Income per share attributable to common stock is shown in the table below. Nonvested share-based awards are further discussed in Note 13.

For the Three Months Ended June 30For the Six Months Ended June 30
(In thousands, except per share data)2025202420252024
Basic income per common share:
Net income attributable to Commerce Bancshares, Inc.$152,479 $139,553 $284,071 $252,216 
Less income allocated to nonvested restricted stock1,461 1,313 2,720 2,357 
  Net income allocated to common stock$151,018 $138,240 $281,351 $249,859 
Weighted average common shares outstanding132,455 134,881 132,685 135,187 
    Basic income per common share$1.14 $1.03 $2.12 $1.85 
Diluted income per common share:
Net income attributable to Commerce Bancshares, Inc.$152,479 $139,553 $284,071 $252,216 
Less income allocated to nonvested restricted stock1,460 1,312 2,718 2,355 
  Net income allocated to common stock$151,019 $138,241 $281,353 $249,861 
Weighted average common shares outstanding132,455 134,881 132,685 135,187 
Net effect of the assumed exercise of stock-based awards - based on the treasury stock method using the average market price for the respective periods128 160 141 156 
Weighted average diluted common shares outstanding132,583 135,041 132,826 135,343 
    Diluted income per common share$1.14 $1.03 $2.12 $1.85