Commerce Bancshares financials
$55.33−0.98%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.14B | $2.09B | $1.97B | $1.57B | $1.44B | $1.39B | $1.45B | $1.39B | $1.26B | $1.16B |
| Gross profit | $1.77B | $1.66B | $1.59B | $1.51B | $1.43B | $1.35B | $1.35B | $1.32B | $1.22B | $1.13B |
| Gross margin | 82.6% | 79.5% | 80.5% | 96.4% | 99.1% | 96.9% | 92.9% | 95.3% | 96.5% | 97.2% |
| Operating income | $731.8M | $679.5M | $619.7M | $632.4M | $686.3M | $441.2M | $531.8M | $544.2M | $430.4M | $401.0M |
| Net income | $560.9M | $521.4M | $472.8M | $483.9M | $525.9M | $338.9M | $408.2M | $420.0M | $306.5M | $262.7M |
| Net margin | 26.2% | 24.9% | 24.0% | 30.9% | 36.6% | 24.4% | 28.1% | 30.2% | 24.3% | 22.7% |
| Diluted EPS | $4.04 | $3.69 | $3.30 | $3.33 | $3.55 | $2.39 | $2.81 | $2.82 | $2.05 | $1.77 |
| EBITDA | $731.8M | $679.5M | $619.7M | $632.4M | $686.3M | $441.2M | $531.8M | $544.2M | $430.4M | $401.0M |
| Operating cash flow | $645.1M | $577.9M | $488.8M | $559.4M | $597.7M | $624.0M | $512.8M | $552.7M | $426.5M | $455.0M |
| Free cash flow | $592.5M | $540.6M | $405.1M | $497.2M | $549.9M | $592.7M | $472.3M | $532.8M | $398.9M | $440.6M |
| Diluted shares | 138.8M | 141.2M | 143.2M | 145.4M | 148.2M | 141.7M | 145.6M | 149.0M | 149.1M | 148.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $803.2M | $748.4M | $443.1M | $452.5M | $305.5M | $437.6M |
| Short-term investments | $13.02B | $12.71B | $12.64B | $13.78B | $20.30B | $15.24B |
| Total debt | $12.8M | $56.0K | $1.4M | $9.7M | $12.6M | $802.0K |
| Total assets | $32.92B | $32.00B | $31.70B | $31.88B | $36.69B | $32.92B |
| Total liabilities | $29.10B | $28.66B | $28.74B | $29.39B | $33.24B | $29.52B |
| Shareholders' equity | $3.81B | $3.33B | $2.96B | $2.48B | $3.45B | $3.40B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology