• Commerce Bancshares plans to reposition part of its available-for-sale debt securities portfolio via sales with about USD 911 million in amortized cost.
• Planned sales target securities yielding about 2.5%, implying an expected pretax loss of about USD 95 million.
• Most proceeds expected to be reinvested into investment securities yielding about 4%.
• Repositioning aims to lift net interest income, curb earnings volatility, cut interest-rate exposure, and improve balance-sheet flexibility.
• Cumulative effect of Visa Exchange Offer gain and securities repositioning expected to be roughly neutral to Common Equity Tier 1 ratio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Commerce Bancshares Inc. published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.