Commerce Financial Statements From 2010 to 2026

CBSH Stock  USD 53.21  1.22  2.24%   
Commerce Bancshares' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Commerce Bancshares' valuation are provided below:
Gross Profit
1.7 B
Profit Margin
0.3308
Market Capitalization
7.8 B
Enterprise Value Revenue
3.9618
Revenue
1.7 B
We have found one hundred twenty available fundamental signals for Commerce Bancshares, which can be analyzed and compared to other ratios and to its rivals. Traders should compare all of Commerce Bancshares prevailing fundamentals against the fundamentals between 2010 and 2026 to make sure the company is sustainable this year. The current Market Cap is estimated to decrease to about 2.2 B. Enterprise Value is estimated to decrease to about 193 M

Commerce Bancshares Total Revenue

1.21 Billion

Check Commerce Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Commerce Bancshares' main balance sheet or income statement drivers, such as Interest Expense of 1 B, Other Operating Expenses of 1.7 B or Operating Income of 768.4 M, as well as many indicators such as Price To Sales Ratio of 2.54, Dividend Yield of 0.0239 or PTB Ratio of 1.62. Commerce financial statements analysis is a perfect complement when working with Commerce Bancshares Valuation or Volatility modules.
  
Build AI portfolio with Commerce Stock
Check out the analysis of Commerce Bancshares Correlation against competitors.
For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.

Commerce Bancshares Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding142.2 M138.9 M146 M
Slightly volatile
Total Assets20.1 B32.9 B25.9 B
Slightly volatile
Short and Long Term Debt Total1.7 BBB
Slightly volatile
Total Current Liabilities34.1 B32.5 B18 B
Slightly volatile
Total Stockholder EquityB3.8 B2.6 B
Slightly volatile
Property Plant And Equipment Net352.1 M485.7 M366.5 M
Slightly volatile
Retained Earnings125.2 M131.8 M243 M
Slightly volatile
Accounts Payable31.6 B30.1 B21.9 B
Slightly volatile
Cash1.1 B803.2 M1.4 B
Slightly volatile
Non Current Assets Total613.3 M645.5 M10.6 B
Very volatile
Other Assets18.4 B22.4 B21 B
Slightly volatile
Cash And Short Term Investments5.6 B9.9 B10.4 B
Slightly volatile
Liabilities And Stockholders Equity20.1 B32.9 B25.9 B
Slightly volatile
Non Current Liabilities Total12.2 M12.8 M1.9 B
Pretty Stable
Other Stockholder Equity3.6 B3.5 B2.1 B
Slightly volatile
Total Liabilities15.5 B29.1 B18.1 B
Pretty Stable
Property Plant And Equipment Gross1.3 B1.3 B615.4 M
Slightly volatile
Total Current Assets6.3 B9.9 B11.9 B
Pretty Stable
Short Term Debt1.5 BBB
Slightly volatile
Common Stock493.7 M692.9 M525.7 M
Slightly volatile
Other Current Assets2.7 B2.8 B4.3 B
Slightly volatile
Common Stock Total Equity487 M723.7 M537.7 M
Slightly volatile
Other Liabilities277 M316.6 M296.4 M
Pretty Stable
Long Term Debt47.9 K50.4 K93.6 M
Slightly volatile
Short Term Investments8.3 B9.1 B9.3 B
Slightly volatile
Inventory82.1 K86.4 K5.4 M
Slightly volatile
Intangible Assets12.3 M13.3 M13.1 M
Pretty Stable
Property Plant Equipment395.8 M481.7 M371 M
Slightly volatile
Good Will128.4 M168.5 M134.2 M
Slightly volatile
Net Tangible Assets2.7 B2.7 B2.4 B
Slightly volatile
Capital SurpluseB3.4 BB
Slightly volatile
Long Term Investments15.8 B10.8 B14 B
Pretty Stable
Non Current Liabilities Other2.4 B3.7 B2.4 B
Slightly volatile
Long Term Debt Total8.3 M8.7 M47 M
Slightly volatile
Short and Long Term Debt256.5 K270 K710 M
Slightly volatile
Earning Assets8.2 BB10.2 B
Slightly volatile
Net Invested Capital3.3 B3.8 B2.9 B
Slightly volatile
Capital Stock522.7 M608.4 M667 M
Slightly volatile

Commerce Bancshares Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses1.7 B1.6 B921.1 M
Slightly volatile
Operating Income768.4 M731.8 M496.3 M
Slightly volatile
EBIT820.5 M781.4 M502.2 M
Slightly volatile
EBITDA384.3 M731.8 M510 M
Slightly volatile
Total Operating Expenses1.1 B1.1 B748.4 M
Slightly volatile
Net Income594.6 M566.3 M372.8 M
Slightly volatile
Depreciation And Amortization49.7 M62.2 M43.7 M
Slightly volatile
Selling General Administrative372.1 M718 M482.9 M
Slightly volatile
Selling And Marketing Expenses16.8 M25.7 M18.4 M
Slightly volatile
Total Revenue1.2 B1.8 B1.3 B
Slightly volatile
Gross Profit948.3 M1.9 B1.2 B
Slightly volatile
Income Before Tax372.5 M731.8 M475.9 M
Slightly volatile
Net Income Applicable To Common Shares300.8 M561.7 M358.3 M
Slightly volatile
Net Income From Continuing Ops406.9 M614.6 M380.6 M
Slightly volatile
Tax Provision133.5 M166.9 M123.3 M
Slightly volatile
Net Interest Income918 M1.2 B801.8 M
Slightly volatile
Interest IncomeB1.7 B912 M
Slightly volatile
Reconciled Depreciation49.1 M62.2 M43.9 M
Slightly volatile
Extraordinary Items5.4 M6.1 M6.6 M
Slightly volatile

Commerce Bancshares Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow316.6 M611.5 M410.5 M
Slightly volatile
Begin Period Cash Flow3.2 B3.1 B1.5 B
Slightly volatile
Depreciation49.7 M62.2 M43.7 M
Slightly volatile
Dividends Paid175.2 M166.9 M117.3 M
Slightly volatile
Capital Expenditures42.6 M53.1 M41.7 M
Slightly volatile
Total Cash From Operating Activities359.2 M664.5 M452.2 M
Slightly volatile
Net Income645.3 M614.6 M383.1 M
Slightly volatile
End Period Cash Flow4.1 B3.9 B1.8 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.543.64.0551
Slightly volatile
Dividend Yield0.02390.01990.0219
Slightly volatile
PTB Ratio1.622.282.1235
Slightly volatile
Book Value Per Share23.4322.3217.9695
Slightly volatile
Free Cash Flow Yield0.09370.0730.0743
Slightly volatile
Operating Cash Flow Per Share4.063.873.1112
Slightly volatile
Stock Based Compensation To Revenue0.00620.00730.0081
Slightly volatile
Capex To Depreciation1.010.981.0293
Very volatile
PB Ratio1.622.282.1235
Slightly volatile
EV To Sales2.843.414.4464
Pretty Stable
Free Cash Flow Per Share3.743.562.8316
Slightly volatile
ROIC0.07680.09170.073
Slightly volatile
Net Income Per Share3.73.522.4934
Slightly volatile
Payables Turnover2.252.372.7235
Slightly volatile
Sales General And Administrative To Revenue0.240.270.3462
Pretty Stable
Capex To Revenue0.04030.02530.032
Very volatile
Cash Per Share87.9683.7774.2015
Slightly volatile
POCF Ratio8.7913.0412.2673
Slightly volatile
Interest Coverage1.351.4210.2412
Very volatile
Payout Ratio0.230.250.3195
Slightly volatile
Capex To Operating Cash Flow0.170.09180.1199
Pretty Stable
PFCF Ratio10.5414.1714.0236
Slightly volatile
Days Payables Outstanding68.82125130
Very volatile
Income Quality1.581.241.3131
Pretty Stable
ROE0.10.140.133
Slightly volatile
EV To Operating Cash Flow9.5812.3513.3577
Pretty Stable
PE Ratio11.5314.3215.6898
Pretty Stable
Return On Tangible Assets0.01030.01490.0131
Slightly volatile
EV To Free Cash Flow11.2613.4215.0589
Pretty Stable
Earnings Yield0.08340.07230.0674
Slightly volatile
Intangibles To Total Assets0.00650.00580.0058
Slightly volatile
Current Ratio0.420.40.4465
Pretty Stable
Tangible Book Value Per Share22.3121.2417.0221
Slightly volatile
Graham Number44.0241.9331.606
Slightly volatile
Shareholders Equity Per Share23.2722.1717.9053
Slightly volatile
Debt To Equity0.70.80.7693
Slightly volatile
Capex Per Share0.180.310.2713
Slightly volatile
Revenue Per Share14.7214.029.5162
Slightly volatile
Interest Debt Per Share23.622.4715.0941
Slightly volatile
Debt To Assets0.06630.08230.0742
Slightly volatile
Enterprise Value Over EBITDA8.149.7311.5627
Pretty Stable
Short Term Coverage Ratios0.310.230.2458
Pretty Stable
Price Earnings Ratio11.5314.3215.6898
Pretty Stable
Price Book Value Ratio1.622.282.1235
Slightly volatile
Days Of Payables Outstanding68.82125130
Very volatile
Dividend Payout Ratio0.230.250.3195
Slightly volatile
Price To Operating Cash Flows Ratio8.7913.0412.2673
Slightly volatile
Price To Free Cash Flows Ratio10.5414.1714.0236
Slightly volatile
Pretax Profit Margin0.230.290.3368
Very volatile
Operating Profit Margin0.230.290.3368
Very volatile
Effective Tax Rate0.330.250.2649
Slightly volatile
Company Equity Multiplier11.6711.1210.4996
Very volatile
Long Term Debt To Capitalization0.00.00.0178
Slightly volatile
Total Debt To Capitalization0.360.420.4255
Pretty Stable
Return On Capital Employed0.180.210.1652
Slightly volatile
Debt Equity Ratio0.70.80.7693
Slightly volatile
Ebit Per Revenue0.230.290.3368
Very volatile
Quick Ratio0.420.40.4465
Pretty Stable
Dividend Paid And Capex Coverage Ratio2.462.722.939
Very volatile
Net Income Per E B T0.560.70.7198
Pretty Stable
Cash Ratio0.07580.140.0655
Slightly volatile
Operating Cash Flow Sales Ratio0.230.250.3222
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.680.830.8667
Very volatile
Cash Flow Coverage Ratios0.280.230.237
Pretty Stable
Price To Book Ratio1.622.282.1235
Slightly volatile
Fixed Asset Turnover2.783.963.6541
Pretty Stable
Capital Expenditure Coverage Ratio7.6511.2711.7871
Pretty Stable
Price Cash Flow Ratio8.7913.0412.2673
Slightly volatile
Enterprise Value Multiple8.149.7311.5627
Pretty Stable
Debt Ratio0.06630.08230.0742
Slightly volatile
Cash Flow To Debt Ratio0.280.230.237
Pretty Stable
Price Sales Ratio2.543.64.0551
Slightly volatile
Return On Assets0.01020.01480.013
Slightly volatile
Asset Turnover0.0740.07520.0559
Pretty Stable
Net Profit Margin0.160.230.248
Pretty Stable
Gross Profit Margin0.620.70.8576
Pretty Stable
Price Fair Value1.622.282.1235
Slightly volatile
Return On Equity0.10.140.133
Slightly volatile

Commerce Bancshares Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.2 B3.8 B3.9 B
Pretty Stable
Enterprise Value193 M359.7 M366.5 M
Very volatile

Commerce Fundamental Market Drivers

Forward Price Earnings13.2275
Cash And Short Term Investments9.9 B

Commerce Upcoming Events

16th of April 2024
Upcoming Quarterly Report
View
17th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
16th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Commerce Bancshares Financial Statements

Investors use fundamental indicators, such as Commerce Bancshares' revenue or net income, to determine how well the company is positioned to perform in the future. Although Commerce Bancshares' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Total Revenue1.8 B1.2 B
Cost Of Revenue416 M436.8 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.27  0.24 
Capex To Revenue 0.03  0.04 
Revenue Per Share 14.02  14.72 
Ebit Per Revenue 0.29  0.23 

Currently Active Assets on Macroaxis

When determining whether Commerce Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commerce Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Commerce Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commerce Bancshares Stock:
Check out the analysis of Commerce Bancshares Correlation against competitors.
For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commerce Bancshares. If investors know Commerce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commerce Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.06
Dividend Share
1.1
Earnings Share
4.04
Revenue Per Share
12.212
Quarterly Revenue Growth
0.065
The market value of Commerce Bancshares is measured differently than its book value, which is the value of Commerce that is recorded on the company's balance sheet. Investors also form their own opinion of Commerce Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Commerce Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commerce Bancshares' market value can be influenced by many factors that don't directly affect Commerce Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Commerce Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commerce Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commerce Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.