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COMMERCE BANCSHARES INC /MO/

CIK: 22356 SIC: 6022
$1.11B
Net Interest Income
$566.25M
Net Income
55.5%
Efficiency Ratio
3.38%
Net Int. Margin
14.9%
ROE
Financial Statements Annual (10-K)
Showing 10 of 16 annual reports available (2010 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Interest Income $1.48B $1.48B $1.47B $1.38B $998.98M $848.29M $872.65M $924.68M $889.20M $777.41M $713.05M
Interest Expense $371.87M $371.87M $429.31M $383.16M $56.79M $12.87M $42.80M $103.39M $65.38M $43.73M $33.00M
Net Interest Income $1.11B $1.11B $1.04B $998.13M $942.18M $835.42M $829.85M $821.29M $823.83M $733.68M $680.05M
Provision for Credit Losses $56.14M $56.14M $32.90M $35.45M $28.07M - - - - - -
Net Interest Income After Provision $1.06B $1.06B $1.01B $962.68M $914.11M $901.75M $692.66M $770.86M $781.13M $688.43M $643.73M
Non-Interest Income $652.28M $652.28M $615.55M $573.04M $546.53M $560.39M $505.87M $524.70M $501.34M $486.60M $474.39M
Other Non-Interest Income $20.66M $20.66M $19.78M $14.10M $14.23M $15.94M $14.58M $8.15M $7.72M $8.00M $10.65M
Non-Interest Expense $979.83M $979.83M $951.23M $930.98M $848.78M $805.90M $768.38M $767.40M $737.82M $769.68M $717.07M
Compensation & Benefits $628.45M $628.45M $607.86M $584.06M $554.05M $525.25M $512.99M $492.93M $468.19M $448.32M $427.31M
Occupancy Expense $54.32M $54.32M $53.22M $53.63M $49.12M $48.19M $46.65M $47.16M $46.04M $45.61M $46.29M
Technology & Equipment $133.97M $133.97M $127.39M $118.76M $110.69M $101.79M $95.33M $92.90M $85.98M $92.25M $92.72M
Professional Fees $48.86M $48.86M $35.08M $36.20M $35.80M - - - - - -
Other Non-Interest Expense $38.30M $38.30M $48.93M $77.89M $73.63M $73.61M $57.43M $63.92M $64.30M $77.46M $78.11M
Income Before Tax $731.84M $731.84M $679.49M $619.73M $632.38M $686.30M $441.18M $531.79M - - -
Income Tax Expense $161.14M $161.14M $145.09M $134.55M $132.36M $145.71M $87.29M $109.07M $105.95M $110.51M $124.15M
Net Income $566.25M $566.25M $526.33M $477.06M $488.40M $530.76M $354.06M $421.23M $433.54M $319.38M $275.39M
Basic EPS nan 4.04 3.88 3.64 3.86 4.32 2.91 3.59 3.79 2.90 2.62
Diluted EPS nan 4.04 3.87 3.64 3.85 4.31 2.91 3.58 3.78 2.89 2.61
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Due from Banks $803.24M $748.36M $443.15M $452.50M $305.54M $437.56M $491.62M $507.89M $438.44M $494.69M
Interest-Bearing Deposits $2.74B $2.62B $2.24B $389.14M $3.97B $1.75B $395.85M $689.88M $30.63M $272.27M
Fed Funds Sold & Repos - - - - - - - $3.32M $42.77M $15.47M
Trading Assets $40.08M $38.03M - $43.52M $46.23M $35.32M $28.16M $27.06M $18.27M $22.23M
Investment Securities - AFS $9.10B $9.14B $9.68B $12.24B $14.45B $12.45B $8.57B $8.54B $8.73B -
Loans & Leases (Gross) $17.77B $17.22B $17.21B - - - - - - -
Allowance for Loan Losses - - $162.40M $150.14M $150.04M - - - - -
Loans & Leases (Net) $17.59B $17.06B $17.04B $16.15B $15.03B $16.11B $14.58B $13.98B $13.82B $13.26B
Goodwill & Intangibles $146.54M $146.54M $146.54M $138.92M $138.92M $138.92M $138.92M $138.92M $138.92M $138.92M
Premises & Equipment $485.70M $475.27M $469.06M $418.91M $388.74M $371.08M $370.64M $333.12M $335.11M $337.70M
Other Assets $852.38M $837.29M $938.08M $909.59M $506.86M $567.25M $476.40M $382.19M $401.07M $608.41M
Total Assets $32.92B $32.00B $31.70B $31.88B $36.69B $32.92B $26.07B $25.46B $24.83B $25.64B
Total Deposits $25.64B $25.29B $25.36B $26.19B $29.81B $26.95B $20.52B $20.32B $20.43B $21.10B
Fed Funds Purchased & Repos $2.99B $2.93B $2.91B $2.84B $3.02B $2.10B $1.85B $1.96B $1.51B $1.72B
Other Liabilities $458.30M $443.69M $462.71M $355.51M $392.16M $477.07M $553.71M $237.94M $180.89M $213.24M
Total Liabilities $29.10B $28.66B $28.74B $29.39B $33.24B $29.52B $22.93B $22.53B $22.12B $23.14B
Common Stock $692.94M $676.05M $655.32M $629.32M $610.80M $589.35M $563.98M $559.43M $535.41M $510.01M
Retained Earnings $131.83M $45.49M $53.18M $31.62M $92.49M $73.00M $201.56M $241.16M $221.37M $292.85M
Treasury Stock $48.00M $48.40M $35.60M $41.74M $32.97M $32.97M $37.55M $34.24M $14.47M $15.29M
AOCI $-507.69M $-758.91M $-891.41M $-1.09B $77.08M $331.38M $110.44M $-64.67M $14.11M $10.97M
Total Stockholders Equity $3.79B $3.31B $2.94B $2.47B $3.44B $3.40B $3.13B $2.93B $2.72B $2.50B
Total Liabilities & Equity $32.92B $32.00B $31.70B $31.88B $36.69B $32.92B $26.07B $25.46B $24.83B $25.64B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $566.25M $566.25M $526.33M $477.06M $488.40M $530.76M $354.06M $421.23M $433.54M $319.38M $275.39M
Provision for Credit Losses $56.14M $56.14M $32.90M $35.45M $28.07M - - - - - -
Deferred Taxes - $11.55M $-591.00K $-7.40M $21.72M $25.61M $-19.54M $14.20M $5.34M $13.62M $-2.06M
Stock-based Compensation $30.16M $17.27M $17.03M $17.05M $17.00M $15.41M $14.91M $13.85M $12.84M $12.11M $11.53M
Net Change in Trading Assets $38.62M $15.32M $18.47M $-28.48M $-4.15M $29.89M $770.00K $-3.86M $14.28M $-7.58M $-73.78M
Operating Cash Flow $1.03B $645.14M $577.86M $488.77M $559.38M $597.72M $623.99M $512.79M $552.66M $433.23M $432.37M
Maturities of Securities $3.28B $1.77B $2.13B $1.94B $2.69B $3.46B $2.67B $1.56B $1.51B $1.90B $2.03B
Net Change in Loans $1.23B $594.02M $54.67M $933.74M $1.15B $-1.13B $1.64B $647.89M $200.67M $614.85M $1.01B
Capital Expenditures $88.60M $52.75M $46.13M $88.07M $65.19M $56.72M $33.13M $42.58M $33.29M $30.82M $24.48M
Acquisitions - - - $6.37M - - - - - - -
Investing Cash Flow $-1.09B $-462.37M $483.79M $2.18B $242.27M $-2.08B $-5.39B $-730.16M $-91.02M $220.72M $-805.21M
Long-term Debt Repaid - - - - - - - - - $100.29M $1.77M
Preferred Stock Issued - - - - - - - - - - -
Common Stock Repurchased $329.80M $207.57M $170.47M $76.37M $186.62M $129.36M $54.16M $134.90M $75.23M $17.77M $39.38M
Dividends Paid $265.13M $150.24M $145.09M $134.73M $127.47M $122.69M $120.82M $113.47M $100.24M $91.62M $87.07M
Financing Cash Flow $-107.03M $-11.04M $-372.94M $-883.12M $-4.20B $3.57B $6.07B $-84.06M $223.25M $-924.54M $652.56M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Interest Expense $94.65M $109.72M $275.25M $329.12M
Income Before Tax $184.77M $178.51M $548.53M $505.66M
Income Tax Expense $41.15M $38.24M $120.52M $108.50M
Net Income $141.52M $138.01M $425.59M $390.22M
Basic EPS 1.06 1.02 3.18 2.87
Diluted EPS 1.06 1.01 3.18 2.86
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Property Plant & Equipment $483.00M $475.27M
Goodwill $146.54M $146.54M
Intangible Assets $13.33M $13.63M
Total Assets $32.29B $32.00B
Total Liabilities $28.50B $28.66B
Common Stock $676.05M $676.05M
Retained Earnings $360.72M $45.49M
Treasury Stock $121.97M $48.40M
Total Stockholders Equity $3.77B $3.31B
Total Liabilities & Equity $32.29B $32.00B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $141.52M $138.01M $425.59M $390.22M
Stock-based Compensation - - $12.86M $12.73M
Operating Cash Flow - - $378.82M $714.51M
Capital Expenditure - - $39.01M $32.11M
Purchases of Investments - - $1.00B $2.10B
Sales of Investments - - $1.42B $1.75B
Investing Cash Flow - - $-400.28M $968.68M
Stock Repurchased - - $92.27M $123.56M
Dividends Paid - - $114.00M $110.48M
Financing Cash Flow - - $-400.31M $-1.22B

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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