Friday 6 November 2026 Export CBSH’s income statement to Excel — free account

Commerce Bancshares, Inc.

Commerce Bancshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.1 billion, up 2.23% from fiscal 2024.

Revenue: +8.97%
EPS: +1.89%
Free cash flow: +68.3%
Total debt: +74.4%

Quarter to September 2026, against a year earlier

55.23 0.93 −1.66%

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Market cap: $7.8B
P/E: 13.3×
Fwd P/E: 13.0×
Dividend yield: 1.97%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Valuation Filings

Commerce Bancshares, Inc. (CBSH) Debt to equity

Alert me on Debt to equity

Commerce Bancshares, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.0×, up 0.0× from fiscal 2025 (0.0×). Over the past ten years it has ranged from 0.0× (fiscal 2024) to 0.0× (fiscal 2015); the current reading is higher than 64% of that period. That is below the Banks Regional industry median of 0.2× and below the Financial sector median of 0.2×.

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<iframe src="https://stockrow.com/embed/CBSH/debt-to-equity" width="100%" height="360" style="border:0" loading="lazy" title="Commerce Bancshares, Inc. debt to equity, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/CBSH/metrics/debt-to-equity">Commerce Bancshares, Inc. (CBSH) debt to equity — stockrow.com</a></p>

Period	Debt to equity	Change
FY2025	0.0×	—
FY2024	0.0×	—
FY2023	0.0×	(87.18%)
FY2022	0.0×	8.33%
FY2021	0.0×	1,700.00%
FY2020	0.0×	(75.00%)
FY2019	0.0×	(73.33%)
FY2018	0.0×	400.00%
FY2017	0.0×	(98.53%)
FY2016	0.0×	(7.06%)

Period	Debt to equity	Change
Sep 2026	0.0×	(36.67%)
Jun 2026	0.0×	215.79%
Mar 2026	0.0×	(44.12%)
Dec 2025	0.0×	41.67%
43 more quarters	Free account

Against its own ten years

Low 0.0× High 0.0×

Ten-year median 0.0×

Current reading's percentile 64

Company	Debt to equity
COLB Columbia Banking System, Inc. compare	0.0×
CBC Central Bancompany compare	0.0×
CBSH Commerce Bancshares, Inc.	0.0×
PB Prosperity Bancshares, Inc. compare	0.0×
UBSI United Bankshares, Inc. compare	0.1×
ZION Zions Bancorporation, N.A. compare	0.3×
VLY Valley National Bancorp compare	0.3×
BOKF BOK Financial Corporation compare	0.7×
WAL Western Alliance Bancorporation compare	0.8×
Banks Regional industry median	0.2×
Financial sector median	0.2×
Market median	0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

Commerce Bancshares, Inc. (CBSH) Debt to equity

Debt to equity, annual

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Against its own ten years

Debt to equity against peers

What Debt to equity is

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Debt to equity, annual

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Against its own ten years

Debt to equity against peers

What Debt to equity is

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