Commerce Bancshares, Inc. (CBSH)
NASDAQ: CBSH · Real-Time Price · USD
61.62
-0.65 (-1.04%)
At close: Mar 28, 2025, 4:00 PM
62.60
+0.98 (1.60%)
After-hours: Mar 28, 2025, 7:55 PM EDT
Commerce Bancshares Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 1,063 | 984.98 | 646.93 | 571.43 | 612.93 | Upgrade
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| Interest Income on Investments | 406.62 | 396.31 | 352.05 | 276.86 | 259.72 | Upgrade
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| Total Interest Income | 1,470 | 1,381 | 998.98 | 848.29 | 872.65 | Upgrade
|
| Interest Paid on Deposits | 336.16 | 246.14 | 30.47 | 11.24 | 35.7 | Upgrade
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| Interest Paid on Borrowings | 93.15 | 137.02 | 26.33 | 1.62 | 7.11 | Upgrade
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| Total Interest Expense | 429.31 | 383.16 | 56.79 | 12.87 | 42.8 | Upgrade
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| Net Interest Income | 1,040 | 998.13 | 942.19 | 835.42 | 829.85 | Upgrade
|
| Net Interest Income Growth (YoY) | 4.22% | 5.94% | 12.78% | 0.67% | 1.04% | Upgrade
|
| Trust Income | 214.43 | 190.95 | 184.72 | 188.23 | 160.64 | Upgrade
|
| Gain (Loss) on Sale of Assets | 2.5 | 2.1 | - | - | - | Upgrade
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| Gain (Loss) on Sale of Investments | 7.82 | 14.99 | 20.51 | 30.06 | 11.03 | Upgrade
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| Gain (Loss) on Sale of Equity Investments | - | - | - | -2.6 | - | Upgrade
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| Other Non-Interest Income | 298.29 | 289 | 267.44 | 277.55 | 252 | Upgrade
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| Total Non-Interest Income | 623.38 | 588.03 | 567.04 | 590.45 | 516.9 | Upgrade
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| Non-Interest Income Growth (YoY) | 6.01% | 3.70% | -3.96% | 14.23% | -2.16% | Upgrade
|
| Revenues Before Loan Losses | 1,664 | 1,586 | 1,509 | 1,426 | 1,347 | Upgrade
|
| Provision for Loan Losses | 32.9 | 35.45 | 28.07 | -66.33 | 137.19 | Upgrade
|
| Revenue | 1,631 | 1,551 | 1,481 | 1,492 | 1,210 | Upgrade
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| Revenue Growth (YoY) | 5.16% | 4.70% | -0.74% | 23.37% | -6.90% | Upgrade
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| Salaries and Employee Benefits | 558.11 | 535.5 | 507.47 | 481.75 | 470.41 | Upgrade
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| Occupancy Expenses | 53.22 | 53.63 | 49.12 | 48.19 | 46.65 | Upgrade
|
| Federal Deposit Insurance | 51.56 | 69.36 | 46.39 | 9.09 | - | Upgrade
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| Selling, General & Administrative | 206.68 | 199.29 | 188.97 | 174.27 | 166.23 | Upgrade
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| Other Non-Interest Expense | 71.66 | 73.2 | 56.83 | 84.4 | 85.09 | Upgrade
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| Total Non-Interest Expense | 941.23 | 930.98 | 848.78 | 797.7 | 768.38 | Upgrade
|
| EBT Excluding Unusual Items | 689.49 | 619.73 | 632.38 | 694.5 | 441.18 | Upgrade
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| Legal Settlements | -10 | - | - | -8.2 | - | Upgrade
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| Pretax Income | 679.49 | 619.73 | 632.38 | 686.3 | 441.18 | Upgrade
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| Income Tax Expense | 145.09 | 134.55 | 132.36 | 145.71 | 87.29 | Upgrade
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| Earnings From Continuing Operations | 534.4 | 485.18 | 500.02 | 540.59 | 353.89 | Upgrade
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| Minority Interest in Earnings | -8.07 | -8.12 | -11.62 | -9.83 | 0.17 | Upgrade
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| Net Income | 526.33 | 477.06 | 488.4 | 530.77 | 354.06 | Upgrade
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| Preferred Dividends & Other Adjustments | 4.91 | 4.24 | 4.45 | 4.85 | 15.18 | Upgrade
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| Net Income to Common | 521.42 | 472.82 | 483.95 | 525.92 | 338.88 | Upgrade
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| Net Income Growth | 10.33% | -2.32% | -7.98% | 49.91% | -15.95% | Upgrade
|
| Basic Shares Outstanding | 135 | 136 | 138 | 141 | 141 | Upgrade
|
| Diluted Shares Outstanding | 135 | 137 | 138 | 141 | 142 | Upgrade
|
| Shares Change (YoY) | -1.38% | -1.34% | -1.93% | -0.39% | -2.66% | Upgrade
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| EPS (Basic) | 3.88 | 3.47 | 3.50 | 3.73 | 2.40 | Upgrade
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| EPS (Diluted) | 3.87 | 3.46 | 3.50 | 3.73 | 2.39 | Upgrade
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| EPS Growth | 11.82% | -0.97% | -6.16% | 55.80% | -14.72% | Upgrade
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| Dividend Per Share | 1.029 | 0.980 | 0.916 | 0.864 | 0.846 | Upgrade
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| Dividend Growth | 4.96% | 6.99% | 6.04% | 2.07% | 9.10% | Upgrade
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| Effective Tax Rate | 21.35% | 21.71% | 20.93% | 21.23% | 19.79% | Upgrade
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Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.