Commerce Bancshares, Inc.
NASDAQ:CBSH
62.17 (USD) • At close June 30, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 2,092.933 | 1,969.321 | 1,566.02 | 1,425.876 | 1,389.547 | 1,453.014 | 1,390.054 | 1,263.721 | 1,159.555 | 1,116.875 | 1,098.922 | 1,064.246 | 1,082.427 | 1,101.7 | 1,137.873 | 1,178.576 | 1,225.561 | 1,307.682 | 1,193.927 | 1,038.765 | 937.021 | 919.077 | 933.125 | 1,026.788 | 1,068.737 | 986.8 | 942.5 | 863 | 806.8 | 764.2 | 621.3 | 581.8 | 559.2 | 594 | 598.5 | 568.1 | 0 | 0 | 0 | 0 |
| Cost of Revenue
| 462.214 | 418.613 | 84.865 | -53.46 | 179.991 | 153.83 | 108.07 | 88.972 | 69.321 | 56.823 | 57.619 | 51.266 | 65.35 | 103.416 | 183.546 | 314.707 | 366.01 | 440.761 | 344.756 | 224.649 | 143.11 | 155.694 | 186.696 | 319.437 | 366.614 | 319.9 | 337.7 | 316.5 | 306.4 | 289.9 | 191.5 | 187.3 | 222 | 305.2 | 329.7 | 307.5 | 0 | 0 | 0 | 0 |
| Gross Profit
| 1,630.719 | 1,550.708 | 1,481.155 | 1,492.202 | 1,209.556 | 1,299.184 | 1,281.984 | 1,174.749 | 1,090.234 | 1,060.052 | 1,040.418 | 1,012.98 | 1,017.077 | 998.284 | 954.327 | 863.869 | 859.551 | 866.921 | 849.171 | 814.116 | 793.911 | 763.383 | 746.429 | 707.351 | 702.123 | 666.9 | 604.8 | 546.5 | 500.4 | 474.3 | 429.8 | 394.5 | 337.2 | 288.8 | 268.8 | 260.6 | 0 | 0 | 0 | 0 |
| Gross Profit Ratio
| 0.779 | 0.787 | 0.946 | 1.047 | 0.87 | 0.894 | 0.922 | 0.93 | 0.94 | 0.949 | 0.947 | 0.952 | 0.94 | 0.906 | 0.839 | 0.733 | 0.701 | 0.663 | 0.711 | 0.784 | 0.847 | 0.831 | 0.8 | 0.689 | 0.657 | 0.676 | 0.642 | 0.633 | 0.62 | 0.621 | 0.692 | 0.678 | 0.603 | 0.486 | 0.449 | 0.459 | 0 | 0 | 0 | 0 |
| Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & Administrative Expenses
| 624.344 | 617.226 | 564.63 | 534.342 | 512.987 | 606.22 | 574.809 | 566.095 | 544.361 | 519.761 | 497.134 | 478.79 | 467.456 | 448.999 | 460.844 | 467.097 | 425.334 | 393.272 | 288.273 | 273.177 | 265.469 | 264.599 | 250.555 | 236.133 | 220.656 | 215.2 | 198.1 | 179.1 | 165.3 | 157.9 | 144 | 134.4 | 116.6 | 102.6 | 96.4 | 89 | 0 | 0 | 0 | 0 |
| Selling & Marketing Expenses
| 22.353 | 24.511 | 23.827 | 21.856 | 19.734 | 21.914 | 20.548 | 16.325 | 16.032 | 16.107 | 15.676 | 14.176 | 15.106 | 16.767 | 18.161 | 18.231 | 19.994 | 18.199 | 17.317 | 17.294 | 16.688 | 14.397 | 15.001 | 12.914 | 13.274 | 12.9 | 12.2 | 12.8 | 11.7 | 11.6 | 10.8 | 7.5 | 6.2 | 5.2 | 5.9 | 5.9 | 0 | 0 | 0 | 0 |
| SG&A
| 646.697 | 641.737 | 588.457 | 556.198 | 532.721 | 628.134 | 595.357 | 582.42 | 560.393 | 535.868 | 512.81 | 492.966 | 482.562 | 465.766 | 479.005 | 485.328 | 447.379 | 411.471 | 305.59 | 290.471 | 282.157 | 278.996 | 265.556 | 249.047 | 233.93 | 228.1 | 210.3 | 191.9 | 177 | 169.5 | 154.8 | 141.9 | 122.8 | 107.8 | 102.3 | 94.9 | 0 | 0 | 0 | 0 |
| Other Expenses
| 304.532 | 289.245 | 260.32 | 249.703 | 235.657 | 139.264 | 142.464 | 161.923 | 128.836 | 140.619 | 144.06 | 135.702 | 135.907 | 151.483 | 157.198 | 136.409 | 137.707 | 155.053 | 219.835 | 206.051 | 200.612 | 193.148 | 187.371 | 188.943 | 200.272 | 191 | 168.9 | 152.5 | 141 | 136.1 | 127.3 | 115.3 | 102.6 | 90.1 | 78.8 | 77.8 | 49 | 40.1 | 39.2 | 37.9 |
| Operating Expenses
| 951.229 | 930.982 | 848.777 | 805.901 | 768.378 | 767.398 | 737.821 | 744.343 | 689.229 | 676.487 | 656.87 | 628.668 | 618.469 | 617.249 | 636.203 | 621.737 | 585.086 | 566.524 | 525.425 | 496.522 | 482.769 | 472.144 | 452.927 | 437.99 | 434.202 | 419.1 | 379.2 | 344.4 | 318 | 305.6 | 282.1 | 257.2 | 225.4 | 197.9 | 181.1 | 172.7 | 49 | 40.1 | 39.2 | 37.9 |
| Operating Income
| 679.49 | 619.726 | 632.378 | 686.301 | 441.178 | 530.305 | 544.163 | 430.406 | 401.275 | 384.048 | 384.365 | 384.312 | 398.608 | 381.035 | 318.124 | 242.132 | 274.465 | 300.397 | 323.746 | 317.594 | 310.042 | 291.239 | 293.502 | 269.361 | 267.921 | 247.8 | 225.6 | 202.1 | 182.4 | 168.7 | 147.7 | 137.3 | 111.8 | 90.9 | 87.7 | 87.9 | 49 | 40.1 | 39.2 | 37.9 |
| Operating Income Ratio
| 0.325 | 0.315 | 0.404 | 0.481 | 0.317 | 0.365 | 0.391 | 0.341 | 0.346 | 0.344 | 0.35 | 0.361 | 0.368 | 0.346 | 0.28 | 0.205 | 0.224 | 0.23 | 0.271 | 0.306 | 0.331 | 0.317 | 0.315 | 0.262 | 0.251 | 0.251 | 0.239 | 0.234 | 0.226 | 0.221 | 0.238 | 0.236 | 0.2 | 0.153 | 0.147 | 0.155 | 0 | 0 | 0 | 0 |
| Total Other Income Expenses Net
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Before Tax
| 679.49 | 619.726 | 632.378 | 686.301 | 441.178 | 531.786 | 544.163 | 430.406 | 401.005 | 383.565 | 383 | 383.347 | 398.608 | 381.035 | 318.124 | 242.132 | 273.732 | 300.397 | 323.746 | 317.594 | 311.142 | 291.239 | 293.502 | 269.361 | 267.921 | 247.8 | 225.6 | 202.1 | 182.4 | 168.7 | 147.7 | 137.3 | 111.8 | 90.9 | 87.7 | 87.9 | 0 | 0 | 0 | 0 |
| Income Before Tax Ratio
| 0.325 | 0.315 | 0.404 | 0.481 | 0.317 | 0.366 | 0.391 | 0.341 | 0.346 | 0.343 | 0.349 | 0.36 | 0.368 | 0.346 | 0.28 | 0.205 | 0.223 | 0.23 | 0.271 | 0.306 | 0.332 | 0.317 | 0.315 | 0.262 | 0.251 | 0.251 | 0.239 | 0.234 | 0.226 | 0.221 | 0.238 | 0.236 | 0.2 | 0.153 | 0.147 | 0.155 | 0 | 0 | 0 | 0 |
| Income Tax Expense
| 145.089 | 134.549 | 132.358 | 145.711 | 87.293 | 109.074 | 105.949 | 110.506 | 124.151 | 116.59 | 121.649 | 122.23 | 127.169 | 121.412 | 96.249 | 73.757 | 85.077 | 93.737 | 103.904 | 94.347 | 90.801 | 84.715 | 94.004 | 87.387 | 89.347 | 81.6 | 75.5 | 69.4 | 62.9 | 61.1 | 51.6 | 50.4 | 40.1 | 31.1 | 30.2 | 28.9 | -49 | -40.1 | -39.2 | -37.9 |
| Net Income
| 526.331 | 477.06 | 488.399 | 530.765 | 354.057 | 421.231 | 433.542 | 319.383 | 275.391 | 263.73 | 261.754 | 260.961 | 269.329 | 256.343 | 221.71 | 169.075 | 188.655 | 206.66 | 219.842 | 223.247 | 220.341 | 206.524 | 199.498 | 181.974 | 178.574 | 166.2 | 150.1 | 132.7 | 119.5 | 107.6 | 96.1 | 86.9 | 71.7 | 59.8 | 59.5 | 59 | 49 | 40.1 | 39.2 | 37.9 |
| Net Income Ratio
| 0.251 | 0.242 | 0.312 | 0.372 | 0.255 | 0.29 | 0.312 | 0.253 | 0.237 | 0.236 | 0.238 | 0.245 | 0.249 | 0.233 | 0.195 | 0.143 | 0.154 | 0.158 | 0.184 | 0.215 | 0.235 | 0.225 | 0.214 | 0.177 | 0.167 | 0.168 | 0.159 | 0.154 | 0.148 | 0.141 | 0.155 | 0.149 | 0.128 | 0.101 | 0.099 | 0.104 | 0 | 0 | 0 | 0 |
| EPS
| 3.88 | 3.47 | 3.5 | 3.73 | 2.39 | 2.81 | 2.83 | 2.06 | 1.77 | 1.65 | 1.61 | 1.6 | 1.62 | 1.5 | 1.28 | 1 | 1.15 | 1.25 | 1.3 | 1.27 | 1.19 | 1.07 | 0.98 | 0.88 | 0.85 | 0.78 | 0.69 | 0.61 | 0.53 | 0.46 | 0.44 | 0.4 | 0.35 | 0.3 | 0.31 | 0.3 | 0.27 | 0.21 | 0.2 | 0.19 |
| EPS Diluted
| 3.87 | 3.47 | 3.49 | 3.72 | 2.39 | 2.81 | 2.82 | 2.05 | 1.77 | 1.65 | 1.6 | 1.59 | 1.61 | 1.5 | 1.27 | 1 | 1.14 | 1.23 | 1.28 | 1.25 | 1.17 | 1.06 | 0.97 | 0.87 | 0.84 | 0.77 | 0.69 | 0.6 | 0.53 | 0.46 | 0.44 | 0.4 | 0.35 | 0.3 | 0.31 | 0.3 | 0.27 | 0.21 | 0.2 | 0.19 |
| EBITDA
| 733.566 | 669.239 | 679.234 | 731.167 | 484.947 | 572.931 | 582.842 | 470.138 | 441.934 | 426.368 | 425.303 | 425.291 | 442.056 | 427.778 | 367.048 | 293.646 | 325.161 | 352.866 | 384.5 | 376.642 | 378.544 | 362.263 | 347.725 | 312.667 | 306.638 | 294.1 | 261.6 | 241.7 | 233.7 | 218.8 | 203.8 | 194.7 | 132.2 | 114.3 | 105.9 | 102.2 | 49 | 40.1 | 39.2 | 37.9 |
| EBITDA Ratio
| 0.35 | 0.34 | 0.434 | 0.513 | 0.349 | 0.394 | 0.419 | 0.372 | 0.381 | 0.382 | 0.387 | 0.4 | 0.408 | 0.388 | 0.323 | 0.249 | 0.265 | 0.27 | 0.322 | 0.363 | 0.404 | 0.394 | 0.373 | 0.305 | 0.287 | 0.298 | 0.278 | 0.28 | 0.29 | 0.286 | 0.328 | 0.335 | 0.236 | 0.192 | 0.177 | 0.18 | 0 | 0 | 0 | 0 |