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

Commerce Bancshares, Inc.

CBSH Financial Banks Regional

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%
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
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Valuation Filings

Commerce Bancshares, Inc. (CBSH) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Commerce Bancshares, Inc. (CBSH) trades at a P/S ratio of 3.4×. Over the past ten years it has ranged from 2.6× (November 2023) to 6.1× (March 2021); the current reading is higher than 12% of that period. That is above the Banks Regional industry median of 2.4× and above the Financial sector median of 2.3×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 3.4× (15.23%)
FY2024 4.0× 11.93%
FY2023 3.6× (30.54%)
FY2022 5.2× (2.30%)
FY2021 5.3× 5.64%
FY2020 5.0× 3.41%
FY2019 4.8× 18.40%
FY2018 4.1× (3.85%)
FY2017 4.2× (6.21%)
FY2016 4.5× 9.87%

Quarterly newest first

Period P/S ratio Change
Sep 2026 3.4× (7.66%)
Jun 2026 3.7× 12.73%
Mar 2026 3.2× (4.30%)
Dec 2025 3.4× (4.32%)
43 more quarters

Against its own ten years

Low 2.6× High 6.1×
Ten-year median 4.3×
Current reading's percentile 13

P/S ratio against peers

Company P/S ratio
WAL Western Alliance Bancorporation compare 1.4×
ZION Zions Bancorporation, N.A. compare 1.8×
VLY Valley National Bancorp compare 2.2×
BOKF BOK Financial Corporation compare 2.3×
COLB Columbia Banking System, Inc. compare 2.3×
CBSH Commerce Bancshares, Inc. 3.4×
UBSI United Bankshares, Inc. compare 3.6×
PB Prosperity Bancshares, Inc. compare 4.1×
CBC Central Bancompany compare 7.1×
Banks Regional industry median 2.4×
Financial sector median 2.3×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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