Commerce Bancshares, Inc. (CBSH) vs Columbia Banking System, Inc. (COLB)

A side-by-side comparison of Commerce Bancshares, Inc. and Columbia Banking System, 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.

Compare

Total return — CBSH vs COLB

growth of $100 · dividends reinvested · last 10y
CBSH +122.1% (+8.3%/yr)COLB +38.0% (+3.3%/yr)CBSH compounded faster over this window
100150200250Start $10020182020202220242026$222$138
CBSH COLB

CBSH vs COLB: by the numbers

  • •COLB is the larger company ($8.17B vs $7.99B market cap).
  • •COLB trades at the lower trailing earnings multiple (11.51 vs 13.33 P/E), one valuation lens rather than an overall verdict.
  • •CBSH converts more revenue to profit (26.90% vs 19.96% net margin).
  • •COLB grew revenue faster over the past five years (20.01% vs 8.34% CAGR).
  • •COLB pays the higher dividend yield (5.13% vs 1.99%).

Metrics side by side

Valuation

MetricCBSHCOLB
P/E ratio13.3311.51
Forward P/E12.939.54
PEG ratio1.18N/A
P/S ratio3.682.29
P/B ratio1.831.08

Profitability

MetricCBSHCOLB
Operating margin35.00%26.78%
Net margin26.90%19.96%
ROE13.39%9.41%

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.

Columbia Banking System, 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

MetricCBSHCOLB
Dividend yield1.99%5.13%
Payout ratio26.76%58.96%

Growth (annualized)

MetricCBSHCOLB
Revenue CAGR (5Y)8.34%20.01%
EPS CAGR (5Y)11.29%N/A
Total return CAGR (5Y)1.78%-0.75%

Frequently asked

Which has the lower trailing P/E, CBSH or COLB?
COLB has the lower trailing P/E: CBSH trades at 13.33 and COLB at 11.51. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CBSH or COLB?
Over the past five years, COLB grew revenue faster — CBSH at a 8.34% CAGR versus COLB at 20.01%.
Does CBSH or COLB pay a bigger dividend?
CBSH yields 1.99% and COLB yields 5.13% based on trailing dividends and the latest price.
Is CBSH or COLB more profitable?
CBSH runs the higher net margin — CBSH at 26.90% versus COLB at 19.96%.
How have CBSH and COLB total returns compared?
Over the past 10 years, CBSH delivered 8.05% and COLB delivered 2.96% annualized total return. Past performance doesn't predict future results.

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.