BOK Financial Corporation (BOKF) vs Commerce Bancshares, Inc. (CBSH)
A side-by-side comparison of BOK Financial Corporation and Commerce Bancshares, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — BOKF vs CBSH
growth of $100 · dividends reinvested · last 10yBOKF vs CBSH: by the numbers
- •CBSH is the larger company ($8.04B vs $7.79B market cap).
- •BOKF trades at the lower trailing earnings multiple (12.04 vs 13.42 P/E), one valuation lens rather than an overall verdict.
- •CBSH converts more revenue to profit (26.90% vs 19.19% net margin).
- •BOKF grew revenue faster over the past five years (12.14% vs 8.34% CAGR).
- •CBSH pays the higher dividend yield (1.99% vs 1.97%).
Metrics side by side
Valuation
| Metric | BOKF | CBSH |
|---|---|---|
| P/E ratio | 12.04 | 13.42 |
| Forward P/E | 12.12 | 13.02 |
| PEG ratio | 1.47 | 1.19 |
| P/S ratio | 2.30 | 3.71 |
| P/B ratio | 1.28 | 1.84 |
Profitability
| Metric | BOKF | CBSH |
|---|---|---|
| Operating margin | 23.41% | 35.00% |
| Net margin | 19.19% | 26.90% |
| ROE | 10.69% | 13.39% |
BOK Financial Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Commerce Bancshares, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | BOKF | CBSH |
|---|---|---|
| Dividend yield | 1.97% | 1.99% |
| Payout ratio | 23.66% | 26.76% |
Growth (annualized)
| Metric | BOKF | CBSH |
|---|---|---|
| Revenue CAGR (5Y) | 12.14% | 8.34% |
| EPS CAGR (5Y) | 8.20% | 11.29% |
| Total return CAGR (5Y) | 9.22% | 1.78% |
Frequently asked
- Which has the lower trailing P/E, BOKF or CBSH?
- BOKF has the lower trailing P/E: BOKF trades at 12.04 and CBSH at 13.42. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BOKF or CBSH?
- Over the past five years, BOKF grew revenue faster — BOKF at a 12.14% CAGR versus CBSH at 8.34%.
- Does BOKF or CBSH pay a bigger dividend?
- BOKF yields 1.97% and CBSH yields 1.99% based on trailing dividends and the latest price.
- Is BOKF or CBSH more profitable?
- CBSH runs the higher net margin — BOKF at 19.19% versus CBSH at 26.90%.
- How have BOKF and CBSH total returns compared?
- Over the past 10 years, BOKF delivered 8.64% and CBSH delivered 8.05% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
BOK Financial & Commerce Bancshares appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.