Revenue
Unavailable
Fiscal year ended 2025-12-31Net income
$566.25M
Fiscal year ended 2025-12-31Total assets
$32.92B
Fiscal year ended 2025-12-31COMMERCE BANCSHARES INC /MO/ (CBSH) reported net income of $566.25M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from COMMERCE BANCSHARES INC /MO/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under State Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $566.25M | $526.33M | $477.06M | $488.40M | $530.76M | $354.06M | $421.23M | $433.54M | $319.38M | $275.39M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Pretax income | $731.84M | $679.49M | $619.73M | $632.38M | $686.30M | $441.18M | $531.79M | $544.16M | $430.41M | $401.00M |
| Income tax expense | $161.14M | $145.09M | $134.55M | $132.36M | $145.71M | $87.29M | $109.07M | $105.95M | $110.51M | $124.15M |
| Diluted EPS | $4.04 | $3.69 | $3.30 | $3.50 | $3.91 | $2.64 | $3.25 | $3.43 | $2.62 | $2.37 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $511.84M | $782.44M |
| Total assets | $32.92B | $32.00B | $31.70B | $31.88B | $36.69B | $32.92B | $26.07B | $25.46B | $24.83B | $25.64B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $29.10B | $28.66B | $28.74B | $29.39B | $33.24B | $29.52B | $22.93B | $22.53B | $22.12B | $23.14B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $3.81B | $3.33B | $2.96B | $2.48B | $3.45B | $3.40B | $3.14B | $2.94B | $2.72B | $2.50B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $146.54M | $146.54M | $146.54M | $138.92M | $138.92M | $138.92M | $138.92M | $138.92M | $138.92M | $138.92M |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $1.80M | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $645.14M | $577.86M | $488.77M | $559.38M | $597.72M | $623.99M | $512.79M | $552.66M | $426.53M | $454.96M |
| Capital expenditures | $52.75M | $46.13M | $88.07M | $65.19M | $56.72M | $33.13M | $42.58M | $33.29M | $30.82M | $24.48M |
| Investing cash flow | -$462.37M | $483.79M | $2.18B | $242.27M | -$2.08B | -$5.39B | -$730.16M | -$91.02M | $220.72M | -$805.21M |
| Financing cash flow | -$11.04M | -$372.94M | -$883.12M | -$4.20B | $3.57B | $6.07B | -$84.06M | $223.25M | -$924.54M | $649.17M |
| Net change in cash | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | -$301.43M | $684.89M | -$277.29M | $298.92M |
| Stock-based compensation | $17.27M | $17.03M | $17.05M | $17.00M | $15.42M | $14.92M | $13.85M | $12.84M | $12.10M | $11.52M |
| Common dividends paid | $150.24M | $145.09M | $134.73M | $127.47M | $122.69M | $120.82M | $113.47M | $100.24M | $91.62M | $87.07M |
| Common share repurchases | $207.57M | $170.47M | $76.37M | $186.62M | $129.36M | $54.16M | $134.90M | $75.23M | $17.77M | $39.38M |
| Depreciation & amortization | $56.50M | $54.08M | $49.51M | $46.86M | $44.87M | $43.77M | $41.14M | $38.68M | $39.73M | $40.93M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $592.39M | $531.73M | $400.70M | $494.19M | $541.01M | $590.86M | $470.22M | $519.37M | $395.70M | $430.48M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 22.0% | 21.4% | 21.7% | 20.9% | 21.2% | 19.8% | 20.5% | 19.5% | 25.7% | 31.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open CBSH in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-24View SEC filing
10-Q · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-08-06View SEC filing
10-Q · Filed 2025-05-06View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.