Commerce Bancshares, Inc.

Commerce Bancshares, Inc.

CBSH
Commerce Bancshares, Inc.US flagNASDAQ Global Select
52.02
USD
+0.57
- -
7.58BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.02
6.37
6.72
7.14
7.72
8.4
8.77
8.98
9.55
10.3
10.98
11.68
12.74
13.03
Basic EPS, GAAP
1.52
1.53
1.57
1.69
1.96
2.69
2.68
2.28
3.55
3.33
3.3
3.7
4.08
4.09
Free Cash Flow per Basic Share
1.97
1.89
1.6
2.73
2.5
3.3
3.06
3.94
3.62
3.37
2.77
3.73
4.27
8.13
Dividend per Share
0.48
0.52
0.58
0.61
0.64
0.69
0.8
0.85
0.82
0.87
0.93
1.02
1.08
1.1
Book Value per Share
5.42
5.41
5.39
5.09
4.79
5.08
4.97
4.41
4.71
4.51
4.9
5.07
5.94
6.93
Tangible Book Value per Share
12.04
12.14
12.81
14.02
15.35
16.78
18.49
21.66
22.06
15.89
19.4
22.27
26.34
27.89
Basic Weighted Avg Shares
172
168
162
158
158
158
154
150
149
146
144
142
139
141
Sales/Revenue/Turnover
1,033
1,071
1,089
1,127
1,220
1,325
1,350
1,347
1,426
1,509
1,586
1,664
1,768
1,835
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
42
42
43
41
40
39
41
44
45
47
50
54
57
64
Net Income, GAAP
261
262
264
275
319
434
421
354
531
488
477
526
566
576
Effective Tax Rate (%)
32.06
31.64
30.4
30.96
25.67
19.47
20.51
19.79
21.23
20.93
21.71
21.35
22.02
22.02
Profit Margin (%)
25.25
24.44
24.22
24.45
26.18
32.73
31.21
26.29
37.22
32.36
30.08
31.64
32.03
31.41
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
107
104
104
102
2
9
2
1
13
10
1
- -
13
8
Total Equity
2,214
2,334
2,367
2,501
2,718
2,937
3,138
3,400
3,448
2,482
2,964
3,332
3,815
4,326
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
27.96
27.98
28.56
31.79
39.8
54.52
52.64
47.92
77.73
71.6
69.67
73.61
73.24
64.32

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
9
13
8
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
140
138
146
Market Capitalization
8,353
7,287
6,926

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
5,253
12,643
5,834
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.73%
3.94%
14.47%
Free Cash Flow
11.35%
1.62%
11.41%
Net Income, GAAP
9.49%
11.5%
7.58%
Sales/Revenue/Turnover
5%
5.59%
6.26%
Total Cash Common Dividend
5.92%
5.39%
3.55%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
398
418
425
423
1,664
2025
420
446
449
452
1,768
2026
487
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.79
0.97
0.97
0.96
3.7
2025
0.94
1.1
1.02
1.01
4.08
2026
0.97
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.24
0.28
0.24
1.02
2025
0.27
0.28
0.27
0.26
1.08
2026
0.29
- -
- -
- -
- -

Company Description

APIChat
CEO
John W. Kemper
Full Time Employees
4,662
Sector
Financial Services
Industry
Banks - Regional
Address
1000 Walnut Kansas City MO United States of America 64106
IPO Date
Mar 17, 1980
Business
Commerce Bancshares, Inc. (NASDAQ: CBSH) operates as a regional bank holding company and the parent of Commerce Bank, which provides a diversified range of financial services including retail and commercial banking, mortgage banking, payment solutions, investment management, securities brokerage, trust and asset management services; consumer products such as checking and savings accounts, installment loans, personal mortgages, debit and credit cards; and commercial offerings encompassing corporate lending, merchant and commercial card products, treasury solutions, leasing, international services, business deposits and cash management. Commerce Bank serves more than 800,000 consumer households and 12,000 businesses through over 275 branches and ATMs primarily in Missouri, Kansas, Illinois, Oklahoma and Colorado, with commercial payments services available in 48 states and additional commercial offices throughout the Midwest. Founded in 1865 and headquartered at 1000 Walnut Street in Kansas City, Missouri, the company maintains operating subsidiaries involved in mortgage banking, credit-related insurance, venture capital and real estate activities. In June 2025, Commerce Bancshares announced a definitive agreement to acquire FineMark Holdings, Inc., parent of FineMark National Bank & Trust, in an all-stock transaction valued at approximately $585 million, expanding its footprint into Florida, Arizona and South Carolina with 13 additional banking offices and over $82 billion in combined wealth assets under administration; the deal received regulatory approval in August 2025 and saw an adjusted exchange ratio announced in December 2025 ahead of closing.

Company News

APIChat
  • Here's Why Commerce Bancshares (CBSH) is a Strong Value Stock

  • Why Is Commerce (CBSH) Up 3.3% Since Last Earnings Report?

  • Why Commerce Bancshares (CBSH) is a Top Value Stock for the Long-Term

  • CBSH's Visa Exchange Gain to Fund Portfolio Repositioning, Boost NII

  • Commerce Bancshares, Inc. Announces Visa Inc.'s Acceptance of Class B-2 Common Stock and Investment Securities Repositioning

  • Here's Why Commerce Bancshares (CBSH) is a Strong Momentum Stock

  • UMBF or CBSH: Which Is the Better Value Stock Right Now?

  • Commerce Bancshares Expands Share Repurchase Program, Reflecting Confidence in Long‑Term Value and Reinforcing Disciplined Capital Strategy

  • Commerce Bancshares, Inc. Announces Participation in Visa Exchange Offer

  • Best Dividend Kings: April 2026

  • Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock

  • Commerce Bancshares, Inc. (CBSH) Shareholder/Analyst Call Prepared Remarks Transcript

  • Commerce Bancshares, Inc. (NASDAQ: CBSH) Announces Webcast of Annual Meeting of Shareholders

  • CBSH Q1 Earnings Beat as Revenues Rise Y/Y, Stock Dips on Higher Costs

  • Commerce Bancshares Wealth Bet Pays Off as Trust Fees Surge

  • Commerce (CBSH) Reports Q1 Earnings: What Key Metrics Have to Say

  • Commerce Bancshares (CBSH) Tops Q1 Earnings and Revenue Estimates

  • Commerce Bancshares, Inc. Reports First Quarter Earnings Per Share of $.96

  • What Analyst Projections for Key Metrics Reveal About Commerce (CBSH) Q1 Earnings

  • Commerce Bancshares: Valuation, Not Quality, Is The Problem