Market cap
$8,042 Mln
Revenue (TTM)
$2,214 Mln
P/E Ratio
13.6
P/B Ratio
1.9
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 17.89 | 8.22 | 4.31 | 5.48 | 8.80 |
| EBIT | -- | -- | -20.47 | -3.74 | -3.94 |
| Net Profit | -2.77 | 11.17 | 6.05 | 6.39 | 0.71 |
| EPS | -1.58 | 2.01 | -0.62 | 3.55 | 0.19 |
| Book Value | -- | -- | 11.29 | 13.25 | -35.93 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 32.71 | 37.24 | 25.95 | 34.20 | 32.47 |
| Net Margin
| -- | 33.46 | 26.97 | -- | -- |
| Return on equity
| 16.79 | 10.88 | 13.94 | 15.95 | 16.83 |
| Return on Capital
| 8.64 | 5.90 | -- | 8.69 | 8.71 |
| Return on Assets
| 1.63 | 1.57 | 1.42 | 1.74 | 1.65 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.79 | 0.88 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
--
|
8.69
|
8.71
|
8.52
|
2.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
13.94
Higher than Peers by 4.03
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
13.94
|
15.95
|
16.83
|
17.59
|
2.49
|
|
Peer Median
|
9.91
|
--
|
--
|
--
|
--
|
ROA
1.42
Higher than Peers by 0.45
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
1.42
|
1.74
|
1.65
|
1.50
|
1.42
|
|
Peer Median
|
0.97
|
--
|
--
|
--
|
--
|
EBIT Margin
25.95
Higher than Peers by 5.02
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
25.95
|
34.20
|
32.47
|
31.47
|
40.38
|
|
Peer Median
|
20.93
|
--
|
--
|
--
|
--
|
Net Margin
26.97
Higher than Peers by 6.39
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
26.97
|
26.46
|
25.15
|
24.22
|
30.78
|
|
Peer Median
|
20.58
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Revenue Growth
4.31
Lower than Peers by 6.31
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
4.31
|
0.02
|
0.06
|
0.26
|
0.09
|
|
Peer Median
|
10.62
|
--
|
--
|
--
|
--
|
EBIT Growth
-20.47
Lower than Peers by 10.23
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
-20.47
|
7.70
|
9.64
|
-2.00
|
-7.86
|
|
Peer Median
|
-10.24
|
--
|
--
|
--
|
--
|
Net Profit Growth
6.05
Lower than Peers by 1.46
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
6.05
|
7.58
|
10.33
|
-2.32
|
-7.98
|
|
Peer Median
|
7.51
|
--
|
--
|
--
|
--
|
EPS Growth
-0.62
Lower than Peers by 6.67
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
-0.62
|
0.05
|
0.13
|
-0.06
|
-0.10
|
|
Peer Median
|
6.04
|
--
|
--
|
--
|
--
|
Book Value Growth
3.44
Lower than Peers by 5.18
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
3.44
|
--
|
--
|
--
|
--
|
|
Peer Median
|
8.61
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
--
|
0.79
|
0.88
|
0.99
|
1.15
|
|
Peer Median
|
0.19
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.64
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
0.64
|
0.79
|
0.88
|
0.99
|
1.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.39
Higher than Peers by 0.10
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
0.39
|
--
|
0.44
|
0.44
|
1.01
|
|
Peer Median
|
0.28
|
--
|
--
|
--
|
--
|
Quick Ratio
0.39
Higher than Peers by 0.06
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
0.39
|
--
|
--
|
--
|
1.01
|
|
Peer Median
|
0.33
|
--
|
--
|
--
|
--
|
Interest Coverage
3.05
Higher than Peers by 1.26
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
3.05
|
1.97
|
1.58
|
1.62
|
11.13
|
|
Peer Median
|
1.78
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
--
--
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
6.90
|
--
|
--
|
--
|
--
|
Asset Turnover
0.05
Higher than Peers by 0.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
0.05
|
0.07
|
0.07
|
0.06
|
0.05
|
|
Peer Median
|
0.05
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
--
|
--
|
--
|
0.08
|
0.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
--
|
--
|
--
|
22,849.18
|
120,510.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
13.61
Higher than Peers by 1.31
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
13.61
|
12.72
|
15.83
|
15.29
|
18.23
|
|
Peer Median
|
12.29
|
--
|
--
|
--
|
--
|
Price / Book Value
1.89
Higher than Peers by 0.63
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
1.89
|
1.90
|
2.52
|
2.48
|
3.59
|
|
Peer Median
|
1.26
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.24
|
--
|
--
|
--
|
--
|
EV/EBITDA
--
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
--
|
0.39
|
-1.71
|
-3.23
|
-1.94
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
8,042
Higher than Peers by 7,768
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Commerce Bancshares (CBSH)
|
8,042
|
--
|
--
|
--
|
--
|
|
Peer Median
|
275
|
--
|
--
|
--
|
--
|