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

Commerce Bancshares, Inc. (CBSH) Return on invested capital

Alert me on Return on invested capital

Commerce Bancshares, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 75.9%, up 75.9 percentage points from fiscal 2025 (0.00%). Over the past ten years it has ranged from 0.00% (fiscal 2025) to 83.4% (fiscal 2020) — the current reading is the lowest in ten years. That is above the Banks Regional industry median of 8.45% and above the Financial sector median of 4.70%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 0.00% 0.00
FY2024 0.00% 0.00
FY2023 0.00% (54.02)
FY2022 54.0% 54.02
FY2021 0.00% (83.42)
FY2020 83.4% 59.25
FY2019 24.2% (9.25)
FY2018 33.4% 15.36
FY2017 18.1% (5.29)
FY2016 23.4% 1.19

Against its own ten years

Low 0.00% High 83.4%
Ten-year median 22.2%
Current reading's percentile 36

Return on invested capital against peers

Company Return on invested capital
CBSH Commerce Bancshares, Inc. 75.9%
ZION Zions Bancorporation, N.A. compare 22.3%
CBC Central Bancompany compare 14.8%
COLB Columbia Banking System, Inc. compare 13.8%
BOKF BOK Financial Corporation compare 11.3%
UBSI United Bankshares, Inc. compare 9.89%
WAL Western Alliance Bancorporation compare 8.47%
PB Prosperity Bancshares, Inc. compare 7.07%
VLY Valley National Bancorp compare 5.93%
Banks Regional industry median 8.45%
Financial sector median 4.70%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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