Commerce Bancshares (CBSH) Financials: History & Chart

Commerce Bancshares, Inc.(CBSH)

Banks - Regional · Kansas City, MO

$54.86-0.28 (-0.51%)

Delayed quote: Oct 6, 2026, 12:15 PM EDT

About Commerce Bancshares, Inc.

Commerce Bancshares, Inc. functions as the parent organization for Commerce Bank, delivering a comprehensive suite of financial products and services. These offerings span retail banking, mortgage services, corporate finance, investment solutions, trust administration, and asset management, catering to both individuals and businesses across the United States. Its operational structure is divided into three principal divisions: Consumer, Commercial, and Wealth Management. The Consumer division focuses on individual clients, providing essential banking services such as deposit accounts and a diverse range of personal loans. These include financing for automobiles, motorcycles, marine vehicles, tractor/trailers, recreational vehicles, fixed-rate and revolving home equity loans, and other personal credit products. This segment also facilitates patient healthcare funding, real estate loans, various indirect consumer financing options, personalized mortgage banking, installment lending, and consumer debit and credit cards. The Commercial segment offers robust support to businesses and institutional clients through corporate lending, equipment leasing, international banking, merchant and commercial card services, and secure securities safekeeping with bond accounting. It also manages specific business products, government deposit accounts, and extensive commercial cash management solutions. Additionally, this segment trades fixed-income securities to correspondent banks, corporate entities, public institutions, municipalities, and individual investors. Within the Wealth Management division, the company delivers traditional trust and estate planning, expert advisory and discretionary investment portfolio management, brokerage services, and exclusive private banking accounts. Beyond these core segments, Commerce Bancshares further offers private equity investment opportunities, securities brokerage, insurance agency functions, specialized lending, and additional leasing services. It also ensures convenient access to banking through its online and mobile platforms. The company maintains a significant physical presence with 287 branch locations distributed across Missouri, Kansas, Illinois, Oklahoma, and Colorado, complemented by several dedicated commercial offices. Established in 1865, Commerce Bancshares, Inc. is headquartered in Kansas City, Missouri.

Kansas City, MO

4,976 employees

www.commercebank.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: John W. Kemper

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	2.17B	498.91M	584.00M	542.75M	543.50M	537.25M	515.72M	525.82M	534.97M
Cost of Goods Sold	428.79M	100.00M	107.63M	106.46M	114.71M	97.09M	109.75M	116.27M	118.86M
Gross Profit	1.74B	398.91M	476.38M	436.30M	428.79M	440.16M	405.97M	409.55M	416.11M
Gross Profit Margin	80.2%	80.0%	81.6%	80.4%	78.9%	81.9%	78.7%	77.9%	77.8%
Total Operating Expenses	981.11M	192.97M	291.13M	253.00M	244.02M	244.44M	238.38M	235.72M	237.60M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	654.96M	127.09M	191.66M	169.01M	167.21M	161.00M	162.66M	162.68M	163.33M
Operating Income (EBIT)	759.27M	205.94M	185.25M	183.30M	184.77M	196.16M	167.60M	173.83M	178.51M
Operating Margin	35.0%	41.3%	31.7%	33.8%	34.0%	36.5%	32.5%	33.1%	33.4%
Income Before Tax (EBT)	759.27M	205.94M	185.25M	183.30M	184.77M	196.16M	167.60M	173.83M	178.51M
Interest Income	1.54B	396.00M	396.51M	373.62M	374.11M	371.64M	364.37M	369.40M	372.07M
Interest Expense	380.71M	98.93M	96.67M	90.47M	94.65M	91.49M	95.26M	102.76M	109.72M
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	583.59M	159.79M	141.62M	140.66M	141.52M	152.48M	131.59M	136.11M	138.01M
Income Tax Expense	168.81M	46.15M	40.88M	40.62M	41.15M	42.40M	36.96M	36.59M	38.24M
Net Profit Margin	26.9%	32.0%	24.3%	25.9%	26.0%	28.4%	25.5%	25.9%	25.8%
EBITDA	831.00M	219.94M	206.26M	205.97M	198.83M	210.14M	181.32M	187.40M	192.22M
EBITDA Margin	38.3%	44.1%	35.3%	37.9%	36.6%	39.1%	35.2%	35.6%	35.9%
Depreciation & Amortization	71.73M	14.00M	21.01M	22.67M	14.05M	13.98M	13.72M	13.56M	13.71M
EPS Basic	4.11	1.11	0.97	1.02	1.01	1.14	0.98	1.01	1.02
EPS Diluted	4.11	1.11	0.97	1.02	1.01	1.14	0.98	1.01	1.02
Weighted Average Basic Shares	144.31M	144.31M	145.86M	137.60M	132.46M	132.58M	132.92M	133.50M	134.22M
Weighted Average Diluted Shares	144.31M	144.31M	145.86M	137.60M	132.46M	132.58M	134.28M	133.69M	134.40M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	2.14B	2.09B	1.97B	1.57B	1.44B	1.39B	1.45B	1.39B
Cost of Goods Sold	428.00M	462.21M	418.61M	84.86M	-53.46M	179.99M	153.83M	108.07M
Gross Profit	1.71B	1.63B	1.55B	1.48B	1.49B	1.21B	1.30B	1.28B
Gross Profit Margin	80.0%	77.9%	78.7%	94.6%	103.7%	87.0%	89.4%	92.2%
Total Operating Expenses	979.83M	951.23M	930.98M	848.78M	805.90M	768.38M	767.40M	737.82M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	663.19M	646.70M	641.74M	588.46M	556.20M	532.72M	514.84M	595.36M
Operating Income (EBIT)	731.84M	679.49M	619.73M	632.38M	686.30M	441.18M	531.79M	544.16M
Operating Margin	34.2%	32.5%	31.5%	40.4%	47.7%	31.7%	36.6%	39.1%
Income Before Tax (EBT)	731.84M	679.49M	619.73M	632.38M	686.30M	441.18M	531.79M	544.16M
Interest Income	1.48B	1.47B	1.38B	998.98M	848.29M	872.65M	924.68M	889.20M
Interest Expense	371.87M	429.31M	383.16M	56.79M	12.87M	42.80M	103.39M	65.38M
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	566.25M	526.33M	477.06M	488.40M	530.76M	354.06M	421.23M	433.54M
Income Tax Expense	161.14M	145.09M	134.55M	132.36M	145.71M	87.29M	109.07M	105.95M
Net Profit Margin	26.5%	25.1%	24.2%	31.2%	36.9%	25.5%	29.0%	31.2%
EBITDA	770.03M	733.57M	669.24M	679.23M	731.17M	484.95M	572.93M	582.84M
EBITDA Margin	36.0%	35.0%	34.0%	43.4%	50.8%	34.9%	39.4%	41.9%
Depreciation & Amortization	38.19M	54.08M	49.51M	46.86M	44.87M	43.77M	41.15M	38.68M
EPS Basic	4.08	3.88	3.47	3.50	3.73	2.39	2.81	2.83
EPS Diluted	4.08	3.87	3.47	3.49	3.72	2.39	2.81	2.82
Weighted Average Basic Shares	138.90M	134.40M	136.57M	138.43M	141.16M	142.89M	146.55M	148.96M
Weighted Average Diluted Shares	138.90M	134.40M	136.57M	138.43M	141.16M	142.89M	146.55M	148.96M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.