Commerce Bancshares Inc /Mo/
CBSH Nasdaq· State Commercial Banks
Last close · Oct 23, 2026
$56.07
KIRA · Stoqly’s AI analyst, in plain words
- Commerce Bancshares Inc /Mo/ had $1.8B of revenue in fiscal 2025, up 6.5% on the year before. Over five years, revenue changed +5.7% a year on average.
- Commerce Bancshares Inc /Mo/ made $566M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 6.1% a year.
- Commerce Bancshares Inc /Mo/ returned $358M to shareholders in fiscal 2025, 60% of free cash flow.
- It earned 15.9% on shareholders’ money. Running costs took 55.5% of revenue (the efficiency ratio; lower is better).
Market cap
—
P/E
13.7x
Revenue
$1.8B
Net income
$566M
Return on equity
15.9%
Efficiency ratio
55.5%
Commerce Bancshares Inc /Mo/ in 30 seconds · fiscal 2025
Are sales growing?
+6.5%
Yes. Sales grew 6.5% last year.
Does it make a profit?
32.1%
Yes. It keeps 32.1% of every sale as profit.
How lean are its costs?
55.5%
Average. Running costs take 55.5% of revenue.
How much does it earn on its capital?
15.9%
Good. It earns 15.9% a year on shareholders’ money.
How is the share priced?
13.7x
One share costs 13.7 times its yearly profit per share.
What Commerce Bancshares Inc /Mo/ does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 24, 2026
- Legal name
- COMMERCE BANCSHARES INC /MO/
- CIK
- 0000022356
Commerce Bancshares Inc /Mo/ · CBSH
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.4B | $1.5B | $1.6B | $1.7B | $1.8B |
| Revenue growth | 4.5% | 6.7% | 5.5% | 5.4% | 6.5% |
| Net interest income | $835M | $942M | $998M | $1.0B | $1.1B |
| Net income | $531M | $488M | $477M | $526M | $566M |
| Net margin | 38.0% | 32.8% | 30.4% | 31.8% | 32.1% |
| Diluted EPS | $3.91 | $3.50 | $3.30 | $3.69 | $4.04 |
| Cash | |||||
| Cash from operations | $598M | $559M | $489M | $578M | $645M |
| Capital expenditure | $56.7M | $65.2M | $88.1M | $46.1M | $52.7M |
| Free cash flow | $541M | $494M | $401M | $532M | $592M |
| FCF margin | 38.8% | 33.2% | 25.5% | 32.1% | 33.6% |
| Dividends paid | $123M | $127M | $135M | $145M | $150M |
| Share buybacks | $129M | $187M | $76.4M | $170M | $208M |
| Debt and strength | |||||
| Cash and short-term investments | $4.3B | $898M | $2.7B | $3.4B | $3.5B |
| Loans, net | $15.0B | $16.2B | $17.0B | $17.1B | $17.6B |
| Deposits | $29.8B | $26.2B | $25.4B | $25.3B | $25.6B |
| Shareholders' equity | $3.4B | $2.5B | $2.9B | $3.3B | $3.8B |
| Returns and quality | |||||
| Return on equity | 15.5% | 16.5% | 17.6% | 16.8% | 15.9% |
| Return on tangible equity | 16.2% | 21.1% | 17.1% | 16.7% | 15.6% |
| Efficiency ratio | 57.7% | 57.0% | 59.3% | 57.4% | 55.5% |
Insiders bought, 12 months
$0.1M
1 insider
Insiders sold, 12 months
$4.2M
12 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Net income:
- Profit after all expenses, interest and tax.
- Efficiency ratio:
- Noninterest expense as a share of revenue. Lower is better for banks.
- Return on equity:
- Net income as a share of average shareholders' equity.
- Return on tangible equity:
- Net income to common over equity minus goodwill and intangibles.
- Diluted EPS:
- Net income per diluted share.
Commerce Bancshares Inc /Mo/ · CBSH
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Return on equity and efficiency ratio
Loans and deposits
Dividends and buybacks
Diluted EPS
KIRA
At $56.07 a share, the company is worth —: 13.7 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000022356). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.