Commerce Bancshares Past Earnings Performance
Past criteria checks 2/6
Commerce Bancshares has been growing earnings at an average annual rate of 6%, while the Banks industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 5.2% per year. Commerce Bancshares's return on equity is 16.2%, and it has net margins of 29.8%.
Key information
6.0%
Earnings growth rate
7.6%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 5.2% |
| Return on equity | 16.2% |
| Net Margin | 29.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Commerce Bancshares (NASDAQ:CBSH) Will Pay A Dividend Of $0.27
Apr 22
Commerce Bancshares: A Great Business But Not A Buy Yet
Apr 04Commerce Bancshares' (NASDAQ:CBSH) Dividend Will Be $0.27
Feb 27Commerce Bancshares (NASDAQ:CBSH) Will Pay A Dividend Of $0.27
Feb 08Commerce Bancshares, Inc. (NASDAQ:CBSH) Yearly Results: Here's What Analysts Are Forecasting For This Year
Jan 21Commerce Bancshares: Deterioration Continues
Jan 12Commerce Bancshares (NASDAQ:CBSH) Has Affirmed Its Dividend Of $0.27
Nov 03Commerce Bancshares (NASDAQ:CBSH) Is Due To Pay A Dividend Of $0.27
Aug 29Commerce Bancshares (NASDAQ:CBSH) Has Affirmed Its Dividend Of $0.27
Aug 03Commerce Bancshares (NASDAQ:CBSH) Will Pay A Larger Dividend Than Last Year At $0.27
May 28Commerce Bancshares' (NASDAQ:CBSH) Dividend Will Be Increased To $0.27
Feb 09Commerce Bancshares (NASDAQ:CBSH) Is Paying Out A Dividend Of $0.265
Nov 03Commerce Bancshares GAAP EPS of $1.02 misses by $0.01, revenue of $384.89M beats by $1.31M
Oct 18Commerce Bancshares (NASDAQ:CBSH) Has Announced A Dividend Of $0.265
Aug 25Commerce Bancshares: Topline Outlook Is Rosy But Stock Appears Overvalued
Aug 12Commerce Bancshares (NASDAQ:CBSH) Is Paying Out A Dividend Of $0.265
Aug 11Commerce Bancshares declares $0.265 dividend
Aug 05Commerce Bancshares (NASDAQ:CBSH) Has Re-Affirmed Its Dividend Of US$0.27
May 19Commerce Bancshares (NASDAQ:CBSH) Has Re-Affirmed Its Dividend Of US$0.27
Apr 24Commerce Bancshares: Higher Provisioning To Undermine Top-Line Growth
Apr 22Does Commerce Bancshares (NASDAQ:CBSH) Deserve A Spot On Your Watchlist?
Apr 02Commerce Bancshares' (NASDAQ:CBSH) Upcoming Dividend Will Be Larger Than Last Year's
Feb 10Valuation Still The Biggest Issue With Commerce Bancshares
Feb 02Commerce Bancshares: Partial Provisioning Normalization To Drag Earnings
Nov 19Commerce Bancshares (NASDAQ:CBSH) Has Announced A Dividend Of US$0.26
Nov 18Revenue & Expenses BreakdownBeta
How Commerce Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 1,566 | 466 | 799 | 0 |
| 31 Dec 23 | 1,551 | 473 | 788 | 0 |
| 30 Sep 23 | 1,539 | 495 | 774 | 0 |
| 30 Jun 23 | 1,528 | 497 | 761 | 0 |
| 31 Mar 23 | 1,498 | 485 | 755 | 0 |
| 31 Dec 22 | 1,479 | 484 | 746 | 0 |
| 30 Sep 22 | 1,448 | 467 | 739 | 0 |
| 30 Jun 22 | 1,447 | 467 | 731 | 0 |
| 31 Mar 22 | 1,492 | 513 | 715 | 0 |
| 31 Dec 21 | 1,492 | 526 | 704 | 0 |
| 30 Sep 21 | 1,501 | 541 | 699 | 0 |
| 30 Jun 21 | 1,488 | 543 | 690 | 0 |
| 31 Mar 21 | 1,314 | 420 | 684 | 0 |
| 31 Dec 20 | 1,210 | 339 | 683 | 0 |
| 30 Sep 20 | 1,179 | 314 | 681 | 0 |
| 30 Jun 20 | 1,150 | 296 | 680 | 0 |
| 31 Mar 20 | 1,241 | 363 | 676 | 0 |
| 31 Dec 19 | 1,299 | 408 | 667 | 0 |
| 30 Sep 19 | 1,294 | 411 | 662 | 0 |
| 30 Jun 19 | 1,290 | 414 | 650 | 0 |
| 31 Mar 19 | 1,286 | 416 | 643 | 0 |
| 31 Dec 18 | 1,282 | 420 | 634 | 0 |
| 30 Sep 18 | 1,280 | 405 | 628 | 0 |
| 30 Jun 18 | 1,240 | 367 | 621 | 0 |
| 31 Mar 18 | 1,206 | 336 | 614 | 0 |
| 31 Dec 17 | 1,175 | 307 | 608 | 0 |
| 30 Sep 17 | 1,137 | 284 | 604 | 0 |
| 30 Jun 17 | 1,132 | 278 | 605 | 0 |
| 31 Mar 17 | 1,122 | 269 | 603 | 0 |
| 31 Dec 16 | 1,090 | 263 | 589 | 0 |
| 30 Sep 16 | 1,100 | 255 | 596 | 0 |
| 30 Jun 16 | 1,083 | 251 | 586 | 0 |
| 31 Mar 16 | 1,078 | 255 | 578 | 0 |
| 31 Dec 15 | 1,060 | 251 | 565 | 0 |
| 30 Sep 15 | 1,057 | 250 | 562 | 0 |
| 30 Jun 15 | 1,054 | 254 | 555 | 0 |
| 31 Mar 15 | 1,037 | 249 | 548 | 0 |
| 31 Dec 14 | 1,040 | 254 | 544 | 0 |
| 30 Sep 14 | 1,032 | 260 | 538 | 0 |
| 30 Jun 14 | 1,029 | 262 | 534 | 0 |
| 31 Mar 14 | 1,026 | 261 | 529 | 0 |
| 31 Dec 13 | 1,013 | 258 | 525 | 0 |
| 30 Sep 13 | 1,008 | 259 | 523 | 0 |
| 30 Jun 13 | 1,003 | 257 | 521 | 0 |
Quality Earnings: CBSH has high quality earnings.
Growing Profit Margin: CBSH's current net profit margins (29.8%) are lower than last year (32.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CBSH's earnings have grown by 6% per year over the past 5 years.
Accelerating Growth: CBSH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CBSH had negative earnings growth (-4%) over the past year, making it difficult to compare to the Banks industry average (-13.7%).
Return on Equity
High ROE: CBSH's Return on Equity (16.2%) is considered low.