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COMMERCE BANCSHARES INC /MO/ CBSH

Nasdaq · stock · State Commercial Banks · website · IPO 1980-03-17

COMMERCE BANCSHARES INC /MO/ statistics & valuation

Market cap$8.4B
P / E14.9×
P / B2.2×
P / FCF14.2×
Dividend yield1.78%
Return on equity14.8%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
11.00% 11.70% 14.80% 13.40% 10.40% 15.40% 19.70% 16.10% 15.80% 14.80% 2016201720182019202020212022202320242025
Shares outstanding
2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.10% 1.30% 1.70% 1.60% 1.10% 1.40% 1.50% 1.50% 1.60% 1.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$2.37 $2.62 $3.43 $3.25 $2.64 $3.91 $3.50 $3.30 $3.69 $4.04 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

COMMERCE BANCSHARES INC /MO/ trades at about 14.8× earnings — below its 10-year norm (10-year range 13×–20.8×, median 16.4×).

13× 20.8×

Shaded band = 10-year range (13×–20.8×); dot = today's 14.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Return on assets1.7%1.6%1.5%1.5%1.4%1.1%1.6%1.7%1.3%1.1%
Return on equity14.8%15.8%16.1%19.7%15.4%10.4%13.4%14.8%11.7%11.0%

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.