Commerce Bancshares, Inc.

Commerce Bancshares, Inc.

CBSH
Commerce Bancshares, Inc.US flagNASDAQ Global Select
55.11
USD
-0.58
- -
7.90BMarket Cap
Commerce Bancshares, Inc.
CBSH
(NASDAQ Global Select)

Recent

price

55.11

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.81
5.85
5.98
6.02
6.37
6.72
7.14
7.72
8.4
8.77
8.98
9.55
10.3
10.98
11.68
12.61
13.28
Revenue per Share
1.22
1.43
1.54
1.52
1.53
1.57
1.69
1.96
2.69
2.68
2.28
3.55
3.33
3.3
3.7
4.04
4.08
Basic EPS, GAAP
3.6
2.15
2
1.97
1.89
1.6
2.73
2.5
3.3
3.06
3.94
3.62
3.37
2.77
3.73
4.23
8.48
Free Cash Flow per Basic Share
0.43
0.44
1.21
0.48
0.52
0.58
0.61
0.64
0.69
0.8
0.85
0.82
0.87
0.93
1.02
1.07
1.09
Dividend per Share
11.21
12.28
12.56
12.82
13.25
13.98
14.91
16.3
17.82
19.86
22.68
23.24
17
20.47
23.45
27.53
30.28
Book Value per Share
10.46
11.53
11.8
11.96
12.36
13.06
13.99
15.37
16.88
18.87
21.67
22.19
15.94
19.35
22.31
26.37
27.54
Tangible Book Value per Share
181
179
175
172
168
162
158
158
158
154
150
149
146
144
142
140
143
Basic Weighted Avg Shares
1,054
1,050
1,044
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
1,900
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
49
47
43
42
42
43
41
40
39
41
44
45
47
50
54
57
71
Depreciation Expense
222
256
269
261
262
264
275
319
434
421
354
531
488
477
526
566
584
Net Income, GAAP
30.26
31.86
31.9
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
22.18
Effective Tax Rate (%)
21.03
24.42
25.79
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
30.71
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
112
112
104
107
104
104
102
2
9
2
1
13
10
1
- -
13
26
LT Debt
2,023
2,170
2,172
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
4,382
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
11.35
12.24
12.43
11.92
11.72
11.57
11.66
12.61
15.85
14.27
10.71
15.53
16.55
17.64
16.83
15.95
14.59
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
13
8
26
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
138
146
144
Market Capitalization
7,208
7,195
8,310

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
12,643
5,834
5,299
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
512
- -
- -
- -

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
0.93
1.09
1.01
1.01
4.04
2026
0.96
1.1
- -
- -
- -

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
0.26
0.26
1.07
2026
0.28
0.28
- -
- -
- -
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

  • Exploring Analyst Estimates for Commerce (CBSH) Q3 Earnings, Beyond Revenue and EPS

  • Do Options Traders Know Something About CBSH Stock We Don't?

  • Will Commerce (CBSH) Beat Estimates Again in Its Next Earnings Report?

  • Commerce Bancshares (CBSH) Reports Next Week: Wall Street Expects Earnings Growth

  • Can Nolan & Associates Deal Fortify Commerce Bancshares' Fee Income?

  • Can Commerce Bancshares Balance Capital Returns With Growth?

  • Commerce Bancshares, Inc. (NASDAQ:CBSH) Stock Has Average Price Target of $64.71

  • Best Dividend Kings: September 2026

  • The Dividend Kings Ranked By Quality Scores (September 2026)

  • California State Teachers Retirement System Buys 8,894,384 Shares of Commerce Bancshares, Inc. $CBSH

  • Concurrent Investment Advisors LLC Sells 30,329 Shares of Commerce Bancshares, Inc. $CBSH

  • Financial Comparison: Commerce Bancshares (NASDAQ:CBSH) versus Merchants Bancorp (NASDAQ:MBIN)

  • Will CBSH's Expansion Initiatives Accelerate Top-Line Growth?

  • Do Options Traders Know Something About CBSH Stock We Don't?

  • Here Are Friday’s Top Wall Street Analyst Research Calls: Baozun, Commerce Bancshares, Element Solutions, Evolution Petroleum, Petrobras, Rythm Pharmaceuticals, Terawulf, UMB Financial, Workday, and More

  • BlackRock Inc. Purchases New Holdings in Commerce Bancshares, Inc. $CBSH

  • Focus Partners Advisor Solutions LLC Invests $1.26 Million in Commerce Bancshares, Inc. $CBSH

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

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

  • Commerce Bancshares, Inc. $CBSH Stake Lessened by Aristotle Capital Management LLC