Commerce Bancshares, Inc. (CBSH)

Commerce Bancshares Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	570.7	534.4	485.18	500.02	540.59
Depreciation & Amortization	56.5	54.08	49.51	46.86	44.87
Provision for Credit Losses	56.14	32.9	35.45	28.07	-66.33
Stock-Based Compensation	17.27	17.03	17.05	17	15.42
Net Change in Loans Held-for-Sale	-2	0.16	0.5	2.15	29.63
Other Adjustments	-10.41	-9.25	-4.72	20.02	62.49
Changes in Trading Assets	-15.32	-18.47	-25.97	-31.65	-29.89
Changes in Accrued Interest and Accounts Receivable	-11.03	-5.36	-5.99	-28.44	19.79
Changes in Accounts Payable	8.68	-23.86	46.65	3.05	-3.18
Changes in Other Operating Activities	-25.39	-3.77	-108.9	2.31	-15.66
Operating Cash Flow	645.14	577.86	488.77	559.39	597.72
Operating Cash Flow Growth	11.64%	18.23%	-12.62%	-6.41%	-4.21%
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	-225	-175	375	800	-775
Net Change in Loans Held-for-Investment	-594.02	-54.68	-933.74	-1,146	1,135
Net Change in Securities and Investments	409.3	750.7	2,831	650.37	-2,408
Payments for Business Acquisitions	-	-	-6.37	-	-
Capital Expenditures	-52.75	-46.13	-88.07	-65.19	-56.72
Sale of Property, Plant & Equipment	0.1	8.89	4.36	2.99	8.86
Other Investing Activities	-	-	1.43	0.4	13.54
Investing Cash Flow	-462.37	483.79	2,184	242.27	-2,083
Net Change in Deposits	271.14	-73.96	-730.83	-3,703	2,889
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	62.88	17.94	67.08	-181.23	924.58
Short-Term Debt Issued	-	-	2,250	-	-
Short-Term Debt Repaid	-	-	-2,250	-	-
Repurchase of Common Stock	-207.57	-170.47	-76.37	-186.62	-129.36
Net Common Stock Issued (Repurchased)	-207.57	-170.47	-76.37	-186.62	-129.36
Common Dividends Paid	-150.24	-145.09	-134.73	-127.47	-122.69
Other Financing Activities	12.74	-1.36	-8.27	-2.9	11.74
Financing Cash Flow	-11.04	-372.94	-883.12	-4,201	3,574
Net Cash Flow	171.72	688.71	1,789	-3,399	2,089
Free Cash Flow	592.39	531.73	400.7	494.19	541.01
Free Cash Flow Growth	11.41%	32.70%	-18.92%	-8.65%	-8.44%
FCF Margin	34.61%	32.61%	25.84%	33.37%	36.26%
Free Cash Flow Per Share	4.26	3.76	2.79	3.40	3.65
Levered Free Cash Flow	526.95	482.82	344.3	415.35	489.98
Unlevered Free Cash Flow	-39.31	-43.51	-132.76	-73.05	-40.79

Updated Jan 22, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q