WallStSmart
CBSH

Commerce Bancshares Inc

NASDAQ: CBSH · FINANCIAL SERVICES · BANKS - REGIONAL

$50.98
+1.14% today

Updated 2026-06-05

Market cap
$8.14B
P/E ratio
13.71
P/S ratio
4.57x
EPS (TTM)
$4.07
Dividend yield
1.93%
52W range
$47 – $62
Volume
1.1M

Commerce Bancshares Inc (CBSH) Financial statements

SEC filings — annual and quarterly data.

Balance sheet — annual

Item20062007200820092010201120122013201420152016201720182019202020212022202320242025
Total assets$15.23B$16.20B$17.53B$18.12B$18.50B$20.65B$22.16B$23.07B$23.99B$24.60B$25.64B$24.83B$25.46B$26.07B$32.92B$36.69B$31.88B$31.70B$32.00B$32.92B
Cash & equivalents$626.50M$673.08M$1.13B$441.24M$450.54M$505.68M$752.23M$1.23B$1.07B$488.21M$766.97M$469.07M$1.20B$887.47M$2.18B$4.28B$841.64M$2.68B$3.37B$803.24M
Current assets$626.50M$673.08M$1.13B$441.24M$450.54M$9.73B$10.27B$10.14B$13.84B$14.25B$15.43B$15.50B$16.33B$9.46B$14.63B$18.73B$13.08B$12.37B$12.51B$9.90B
Total liabilities$13.79B$14.68B$15.96B$16.23B$16.48B$18.48B$19.99B$20.86B$21.66B$22.24B$23.14B$22.12B$22.53B$2.42M$802000.00$12.56M$29.39B$28.74B$28.66B$29.10B
Current liabilities$13.54B$13.79B$13.92B$15.31B$16.07B$18.06B$19.43B$20.39B$21.56B$22.14B$9.25B$8.67B$8.94B$8.75B$12.60B$14.80B$12.91B$28.27B$28.22B
Long-term debt$532.63M$1.07B$1.15B$308.46M$562.02M$511.36M$502.20M$106.13M$104.06M$103.82M$102.05M$1.76M$8.70M$2.42M$802000.00$12.56M$9.67M$1.40M$56000.00$12.80M
Shareholder equity$1.44B$1.53B$1.58B$1.88B$2.02B$2.17B$2.17B$2.21B$2.33B$2.37B$2.50B$2.72B$2.94B$26.06B$32.92B$36.68B$2.48B$2.94B$3.31B$3.79B
Retained earnings$683.18M$669.14M$633.16M$568.53M$555.78M$575.42M$477.21M$449.84M$426.65M$383.31M$292.85M$221.37M$241.16M$201.56M$73.00M$92.49M$31.62M$53.18M$45.49M$131.83M
Accounts receivable
Inventory$280.11M$249.57M$367.48M$355.06M$75.80M$49.40M$22.28M$6.63M$5.48M$2.82M$366000.00$681000.00$1.41M$365000.00$93000.00$115000.00$96000.00
Goodwill$97.64M$124.57M$125.58M$125.58M$125.58M$125.58M$125.58M$138.92M$138.92M$138.92M$138.92M$138.92M$138.92M$138.92M$138.92M$138.92M$138.92M$146.54M$146.54M$146.54M

Frequently asked questions

What is Commerce Bancshares Inc's revenue?

Commerce Bancshares Inc's trailing twelve-month revenue is $1.78B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.

How profitable is CBSH?

In its most recent fiscal year, CBSH ran a gross margin of 80.00%, an operating margin of 34.20%, and a net margin of 26.46%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.

How much free cash flow does CBSH generate?

CBSH produced $592.39M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.

Is CBSH's balance sheet healthy?

CBSH holds $803.24M in cash and equivalents against $12.80M in long-term debt, on $3.79B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.