YouTube · Q1 2026 · 2026-04-20
CBSH · NasdaqGS
Commerce Bancshares Inc
Banks - Regional · United States
USD 55.09-0.1% daily changeQuote 2026-10-06 · USD
- Market cap (USD)
- US$7.90B
- Trailing P/E
- 13.50x
- Forward P/E
- 12.06x
- Quarterly revenue growth
- 14.2%
- Trailing net margin
- 31.6%
- Indicated dividend yield
- 2.0%
Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-15 (provider estimate, not issuer-confirmed).
Company background
Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Retail Banking, Commercial, and Wealth. The Retail Banking segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; retail branch network; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.
Company websiteQ1 2026
Go beyond the headline.
Comparable businesses
CBSH peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | CBSHCommerce Bancshares, Inc.Snapshot 2026-10-06Financial period: 2026-06-30 | BOKFBOK Financial CorporationSnapshot 2026-10-06Financial period: 2026-06-30 | COLBColumbia Banking System, Inc.Snapshot 2026-10-06Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$7.90B | US$7.80B | US$8.19B | US$8.00Bn=2 |
| Forward P/EProvider forward earnings estimate | 12.06x | 11.98x | 8.79x | 10.38xn=2 |
| Revenue growthLatest quarter vs prior-year quarter | 14.2% | 10.1% | 35.1% | 22.6%n=2 |
| Trailing P/ETrailing twelve-month earnings | 13.50x | 12.10x | 11.40x | 11.75xn=2 |
| Price / bookPrice / positive book equity per share | 1.82x | 1.28x | 1.08x | 1.18xn=2 |
| EV / salesEnterprise value / trailing revenue | — | — | — | — |
| Earnings growthLatest quarter vs prior-year quarter | 1.2% | 33.2% | 0.2% | 16.7%n=2 |
| Gross marginTrailing twelve months | — | — | — | — |
| Net marginTrailing twelve months | 31.6% | 28.5% | 28.4% | 28.5%n=2 |
| Return on equityProvider trailing return; positive equity only | 14.7% | 10.9% | 11.0% | 10.9%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | — | — | — | — |
| Dividend yieldIndicated annual dividend / price | 2.0% | 2.0% | 5.1% | 3.5%n=2 |
| Earnings payoutProvider trailing dividend payout | 26.6% | 23.2% | 57.6% | 40.4%n=2 |
| Current ratioCurrent assets / current liabilities | — | — | — | — |
| BetaProvider historical market sensitivity | 0.59 | 0.82 | 0.69 | 0.75n=2 |
YouTube · Q1 2026 · 2026-04-20
YouTube · Q1 2026 · 2026-04-24
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
Price history loads separately.
Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for CBSH
Q1 20262026-04-22
CBSH Stock: Revenue Misses by 0% — Q1 2026 Earnings Analysis
Presentation · 2026-04-22 · YouTube