Commerce Bancshares Inc
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 19.1 | 25.7 | 22.1 | 16.7 | 20.0 | 18.6 | 17.6 | 21.2 | 20.7 | 21.0 | 20.0 | 20.3 | 22.6 | 23.9 | 19.1 | 15.6 | 14.0 | 19.1 | 17.2 | 16.8 | 21.4 | 17.8 | 13.9 | 17.5 | 20.6 | 15.0 | 15.9 | 13.9 | 15.2 | 12.8 | |
| 2.8 | 4.0 | 3.5 | 2.8 | 3.3 | 3.3 | 3.8 | 4.8 | 4.9 | 4.5 | 3.7 | 3.2 | 3.5 | 3.4 | 3.7 | 3.6 | 3.5 | 4.7 | 4.1 | 4.0 | 5.1 | 4.5 | 4.3 | 5.1 | 5.3 | 5.6 | 4.9 | 3.4 | 3.8 | 3.4 | |
| 2.5 | 3.5 | 3.1 | 2.6 | 3.1 | 2.7 | 2.5 | 3.0 | 3.2 | 3.5 | 3.1 | 2.7 | 2.7 | 2.1 | 2.1 | 1.8 | 1.7 | 2.2 | 1.9 | 1.9 | 2.4 | 2.1 | 2.0 | 0.3 | 0.2 | 0.2 | 3.1 | 2.2 | 2.4 | 1.9 | |
| 2.4 | 3.4 | 3.4 | 3.2 | 3.4 | 3.8 | 4.7 | 6.7 | 6.6 | 5.3 | 5.1 | 4.5 | 4.3 | 4.3 | 4.7 | 4.8 | 4.2 | 4.9 | 5.0 | 5.5 | 6.1 | 5.3 | 4.9 | 5.7 | 5.2 | 4.7 | 6.2 | 3.5 | 3.6 | 4.4 | |
| 8.5 | 12.2 | 12.2 | 10.6 | 11.8 | 12.6 | 12.5 | 16.9 | 16.3 | 14.6 | 15.9 | 16.5 | 16.3 | 17.1 | 14.5 | 12.3 | 10.4 | 12.2 | 12.9 | 14.4 | 15.9 | 14.3 | 11.6 | 14.6 | 14.9 | 9.2 | 14.4 | 10.2 | 10.3 | 12.3 | |
| 12.1 | 18.1 | 17.8 | 19.5 | 20.0 | 17.3 | 16.8 | 18.8 | 19.7 | 20.4 | 12.6 | 14.9 | 24.4 | 15.2 | 6.5 | 10.4 | 10.8 | 14.8 | 14.2 | 17.3 | 13.7 | 14.4 | 11.6 | 15.7 | 12.4 | 14.8 | 15.7 | 16.5 | 15.0 | 12.3 | |
| 8.3% | 5.5% | 5.6% | 5.1% | 5.0% | 5.8% | 5.9% | 5.3% | 5.1% | 4.9% | 8.0% | 6.7% | 4.1% | 6.6% | 15.4% | 9.7% | 9.3% | 6.8% | 7.1% | 5.8% | 7.3% | 6.9% | 8.6% | 6.4% | 8.1% | 6.8% | 6.4% | 6.1% | 6.7% | 8.2% | |
| Margins | ||||||||||||||||||||||||||||||
| 62.0% | 63.3% | 64.2% | 67.6% | 65.7% | 68.9% | 80.0% | 83.1% | 84.7% | 78.4% | 71.1% | 66.3% | 70.1% | 73.3% | 83.9% | 90.6% | 94.0% | 95.2% | 94.8% | 94.9% | 94.0% | 93.0% | 92.2% | 89.4% | 87.0% | 103.7% | 94.6% | 78.7% | 77.9% | 80.0% | |
| 22.6% | 23.4% | 23.9% | 25.1% | 25.1% | 26.2% | 31.5% | 31.7% | 33.2% | 30.6% | 27.1% | 23.0% | 22.4% | 20.5% | 28.0% | 34.6% | 36.8% | 36.1% | 35.0% | 34.3% | 34.6% | 34.1% | 39.1% | 36.6% | 31.7% | 47.7% | 40.4% | 31.5% | 32.5% | 34.2% | |
| 14.8% | 15.4% | 15.9% | 16.8% | 16.7% | 17.7% | 21.4% | 22.5% | 23.5% | 21.5% | 18.4% | 15.8% | 15.4% | 14.3% | 19.5% | 23.3% | 24.9% | 24.5% | 23.8% | 23.6% | 23.7% | 25.3% | 31.2% | 29.0% | 25.5% | 36.9% | 31.2% | 24.2% | 25.1% | 26.5% | |
| 23.3% | 21.9% | 19.8% | 14.5% | 16.7% | 19.0% | 22.4% | 25.4% | 24.7% | 22.1% | 29.3% | 21.5% | 14.3% | 22.6% | 57.4% | 35.0% | 32.2% | 31.7% | 28.9% | 23.0% | 37.1% | 31.3% | 37.4% | 32.4% | 42.5% | 37.6% | 31.6% | 20.3% | 25.4% | 27.7% | |
| Returns | ||||||||||||||||||||||||||||||
| 12.9% | 13.5% | 13.9% | 15.4% | 15.6% | 14.3% | 14.1% | 14.2% | 15.4% | 16.7% | 15.2% | 13.5% | 12.0% | 9.0% | 11.0% | 11.8% | 12.4% | 11.8% | 11.2% | 11.1% | 11.0% | 11.7% | 14.8% | 1.6% | 1.1% | 1.4% | 19.7% | 16.2% | 15.9% | 14.9% | |
| 1.2% | 1.3% | 1.3% | 1.5% | 1.6% | 1.4% | 1.5% | 1.4% | 1.5% | 1.6% | 1.4% | 1.3% | 1.1% | 0.9% | 1.2% | 1.2% | 1.2% | 1.1% | 1.1% | 1.1% | 1.1% | 1.3% | 1.7% | 1.6% | 1.1% | 1.4% | 1.5% | 1.5% | 1.6% | 1.7% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| -307 | -466 | -121 | 357 | 52 | 556 | 838 | 1,742 | 1,601 | 812 | 1,699 | 1,639 | 1,043 | 970 | 1,094 | 1,262 | 834 | 227 | 1,013 | 1,696 | 1,159 | 1,040 | 767 | 972 | -80 | -1,235 | 2,016 | 228 | -446 | 2,199 | |
| -1.3 | -1.9 | -0.5 | 1.2 | 0.2 | 1.8 | 2.4 | 4.8 | 4.2 | 2.2 | 4.4 | 4.6 | 3.2 | 3.3 | 3.0 | 2.9 | 1.9 | 0.5 | 2.4 | 4.0 | 2.6 | 2.2 | 1.3 | 1.7 | -0.2 | -1.7 | 3.0 | 0.3 | -0.6 | 2.9 | |
| 9.5% | 9.5% | 9.5% | 9.5% | 10.3% | 9.9% | 10.6% | 10.2% | 10.0% | 9.6% | 9.5% | 9.4% | 9.0% | 10.4% | 10.9% | 10.5% | 9.8% | 9.6% | 9.7% | 9.6% | 9.8% | 10.9% | 11.5% | 100.0% | 100.0% | 100.0% | 7.8% | 9.3% | 10.3% | 11.5% | |
| 0.6 | 0.5 | 0.6 | 1.0 | 0.6 | 1.1 | 1.1 | 1.6 | 1.5 | 1.0 | 1.6 | 1.5 | 1.4 | 0.7 | 0.8 | 0.8 | 0.7 | 0.7 | 0.9 | 0.9 | 0.8 | 0.6 | 0.7 | 0.1 | 0.1 | 0.1 | 1.2 | 1.0 | 0.9 | 0.8 | |
| Per Share | ||||||||||||||||||||||||||||||
| 0.53 | 0.60 | 0.69 | 0.77 | 0.84 | 0.87 | 0.97 | 1.06 | 1.17 | 1.25 | 1.28 | 1.23 | 1.14 | 1.00 | 1.27 | 1.50 | 1.62 | 1.60 | 1.80 | 1.88 | 2.02 | 2.34 | 3.18 | 3.04 | 2.62 | 3.95 | 3.70 | 3.49 | 3.92 | 4.08 | |
| 3.54 | 3.90 | 4.33 | 4.55 | 5.03 | 4.91 | 4.55 | 4.71 | 4.96 | 5.83 | 6.97 | 7.80 | 7.38 | 6.94 | 6.53 | 6.45 | 6.51 | 6.51 | 7.56 | 7.98 | 8.51 | 9.25 | 10.21 | 10.48 | 10.30 | 10.70 | 11.88 | 14.42 | 15.57 | 15.40 | |
| 4.06 | 4.43 | 4.96 | 4.98 | 5.38 | 6.09 | 6.90 | 7.44 | 7.56 | 7.50 | 8.41 | 9.11 | 9.49 | 11.10 | 11.61 | 12.68 | 13.04 | 13.52 | 16.06 | 16.91 | 18.36 | 19.90 | 21.57 | 187.98 | 243.94 | 272.81 | 18.82 | 21.56 | 24.63 | 27.30 | |
| 0.83 | 0.85 | 0.86 | 0.66 | 0.84 | 0.93 | 1.02 | 1.20 | 1.22 | 1.29 | 2.04 | 1.67 | 1.05 | 1.57 | 3.75 | 2.26 | 2.09 | 2.06 | 2.18 | 1.84 | 3.16 | 2.90 | 3.81 | 3.39 | 4.38 | 4.02 | 3.75 | 2.93 | 3.96 | 4.26 | |
Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.