Commerce Bancshares (CBSH) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart

Commerce Bancshares Revenue Highlights

Latest Revenue (Y)

$1.97B

Latest Revenue (Q)

$534.97M

Main Segment (Y)

Commission Income

Commerce Bancshares Revenue by Period

Commerce Bancshares Revenue by Year

Date	Revenue	Change
2023-12-31	$1.97B	30.49%
2022-12-31	$1.51B	5.85%
2021-12-31	$1.43B	5.88%
2020-12-31	$1.35B	-0.21%
2019-12-31	$1.35B	1.88%
2018-12-31	$1.32B	6.37%
2017-12-31	$1.25B	7.88%
2016-12-31	$1.15B	6.08%
2015-12-31	$1.09B	1.67%
2014-12-31	$1.07B	3.58%
2013-12-31	$1.03B	-1.06%
2012-12-31	$1.04B	-0.76%
2011-12-31	$1.05B	0.29%
2010-12-31	$1.05B	2.38%
2009-12-31	$1.02B	2.62%
2008-12-31	$998.75M	8.81%
2007-12-31	$917.89M	4.92%
2006-12-31	$874.82M	3.79%
2005-12-31	$842.90M	2.26%
2004-12-31	$824.26M	2.51%
2003-12-31	$804.06M	3.01%
2002-12-31	$780.54M	4.71%
2001-12-31	$745.42M	1.63%
2000-12-31	$733.46M	4.45%
1999-12-31	$702.20M	9.43%
1998-12-31	$641.70M	11.04%
1997-12-31	$577.90M	10.10%
1996-12-31	$524.90M	7.36%
1995-12-31	$488.90M	12.24%
1994-12-31	$435.60M	7.32%
1993-12-31	$405.90M	-

Commerce Bancshares generated $1.97B in revenue during NA 2023, up 30.49% compared to the previous quarter, and up 148.66% compared to the same period a year ago.

Commerce Bancshares Revenue by Quarter

Date	Revenue	Change
2024-09-30	$534.97M	1.93%
2024-06-30	$524.84M	5.00%
2024-03-31	$499.87M	-2.96%
2023-12-31	$515.09M	30.14%
2023-09-30	$395.79M	-1.18%
2023-06-30	$400.54M	2.98%
2023-03-31	$388.93M	-2.86%
2022-12-31	$400.37M	3.11%
2022-09-30	$388.30M	4.15%
2022-06-30	$372.84M	7.23%
2022-03-31	$347.72M	0.60%
2021-12-31	$345.65M	-5.21%
2021-09-30	$364.65M	0.20%
2021-06-30	$363.93M	3.49%
2021-03-31	$351.65M	-1.55%
2020-12-31	$357.19M	-1.24%
2020-09-30	$361.69M	14.30%
2020-06-30	$316.44M	1.61%
2020-03-31	$311.43M	-9.96%
2019-12-31	$345.87M	1.38%
2019-09-30	$341.16M	0.70%
2019-06-30	$338.78M	4.63%
2019-03-31	$323.80M	-4.25%
2018-12-31	$338.18M	0.72%
2018-09-30	$335.77M	0.91%
2018-06-30	$332.73M	4.64%
2018-03-31	$317.99M	-6.86%
2017-12-31	$341.43M	13.13%
2017-09-30	$301.80M	-1.87%
2017-06-30	$307.54M	4.40%
2017-03-31	$294.57M	-0.60%
2016-12-31	$296.33M	2.68%
2016-09-30	$288.60M	0.33%
2016-06-30	$287.65M	2.08%
2016-03-31	$281.80M	1.77%
2015-12-31	$276.90M	1.50%
2015-09-30	$272.81M	-2.53%
2015-06-30	$279.89M	8.23%
2015-03-31	$258.60M	-3.46%
2014-12-31	$267.88M	-0.78%
2014-09-30	$270.00M	1.24%
2014-06-30	$266.70M	0.36%
2014-03-31	$265.73M	1.02%
2013-12-31	$263.05M	0.53%
2013-09-30	$261.67M	0.42%
2013-06-30	$260.57M	5.04%
2013-03-31	$248.06M	-4.45%
2012-12-31	$259.61M	0.44%
2012-09-30	$258.47M	-3.41%
2012-06-30	$267.61M	5.22%
2012-03-31	$254.32M	-2.75%
2011-12-31	$261.52M	-0.82%
2011-09-30	$263.68M	-1.85%
2011-06-30	$268.66M	4.05%
2011-03-31	$258.21M	-5.26%
2010-12-31	$272.55M	5.23%
2010-09-30	$259.00M	-2.42%
2010-06-30	$265.42M	5.20%
2010-03-31	$252.30M	-7.86%
2009-12-31	$273.83M	3.44%
2009-09-30	$264.73M	4.53%
2009-06-30	$253.25M	5.40%
2009-03-31	$240.27M	11.22%
2008-12-31	$216.03M	-13.00%
2008-09-30	$248.31M	-0.09%
2008-06-30	$248.52M	-2.77%
2008-03-31	$255.59M	7.01%
2007-12-31	$238.84M	-

Commerce Bancshares generated $534.97M in revenue during Q3 2024, up 1.93% compared to the previous quarter, and up 133.56% compared to the same period a year ago.

Commerce Bancshares Revenue Breakdown

Commerce Bancshares Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Commission Income	$10.36M	$9.33M	$8.00M	$9.07M	$8.96M
Managed Account Services	$8.76M	$9.03M	$7.09M	$6.73M	$6.85M

Commerce Bancshares's latest annual revenue breakdown by segment (product or service), as of Dec 22: Commission Income (54.19%), and Managed Account Services (45.81%).

Quarterly Revenue by Product

Product/Service	Dec 18	Sep 18	Jun 18	Mar 18
Commission Income	$2.45M	$2.15M	$2.27M	$2.09M
Managed Account Services	$1.74M	$1.74M	$1.70M	$1.68M

Commerce Bancshares's latest quarterly revenue breakdown by segment (product or service), as of Dec 18: Commission Income (58.51%), and Managed Account Services (41.49%).

Commerce Bancshares Revenue Breakdown by Country

Quarterly Revenue by Country

Country	Dec 18	Sep 18	Jun 18	Mar 18
Commission Income	$2.45M	$2.15M	$2.27M	$2.09M
Managed Account Services	$1.74M	$1.74M	$1.70M	$1.68M

Commerce Bancshares's latest quarterly revenue breakdown by geography, as of Dec 18: Commission Income (58.51%), and Managed Account Services (41.49%).

Commerce Bancshares Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
UMBF	UMB Financial	$2.38B	$557.69M
BOKF	BOK Financial	$2.34B	$864.71M
CBSH	Commerce Bancshares	$1.97B	$534.97M
TCBI	Texas Capital Bancshares	$1.63B	$452.53M
PB	Prosperity Bancshares	$1.60B	$458.92M
UBSI	United Bankshares	$1.50B	$409.75M
GBCI	Glacier Bancorp	$1.14B	$289.58M
FFBC	First Financial Ban	$1.12B	$149.04M
NBTB	NBT Bancorp	$665.04M	$202.00M
BHLB	Berkshire Hills Bancorp	$619.08M	$178.78M
BANF	BancFirst	$593.93M	$160.92M
FBNC	First Bancorp	$546.25M	$145.66M
FMBH	First Mid Bancshares	$386.95M	$44.35M
BFST	Business First Bancshares	$386.89M	$81.86M
FISI	Financial Institutions	$331.24M	$86.74M
MBWM	Mercantile Bank	$303.50M	$93.08M
CATC	Cambridge Bancorp	$218.53M	$66.82M
MRBK	Meridian	$168.27M	$50.31M
CBAN	Colony Bankcorp	$160.55M	$44.69M
FDBC	Fidelity D & D Bancorp	$105.45M	$27.30M
FFIN	First Financial Bankshares	-	$192.05M
CFFN	Capitol Federal Financial	$-184.80M	$99.70M

CBSH Revenue FAQ

What is Commerce Bancshares’s yearly revenue?

Commerce Bancshares's yearly revenue for 2023 was $1.97B, representing an increase of 30.49% compared to 2022. The company's yearly revenue for 2022 was $1.51B, representing an increase of 5.85% compared to 2021. CBSH's yearly revenue for 2021 was $1.43B, representing an increase of 5.88% compared to 2020.

What is Commerce Bancshares’s quarterly revenue?

Commerce Bancshares's quarterly revenue for Q3 2024 was $534.96M, a 1.93% increase from the previous quarter (Q2 2024), and a 35.16% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $524.84M, a 5.00% increase from the previous quarter (Q1 2024), and a 31.03% increase year-over-year (Q2 2023). CBSH's quarterly revenue for Q1 2024 was $499.86M, a -2.96% decrease from the previous quarter (Q4 2023), and a 28.52% increase year-over-year (Q1 2023).

What is Commerce Bancshares’s revenue growth rate?

Commerce Bancshares's revenue growth rate for the last 3 years (2021-2023) was 38.11%, and for the last 5 years (2019-2023) was 45.92%.

What are Commerce Bancshares’s revenue streams?

Commerce Bancshares's revenue streams in c 22 are Commission Income, and Managed Account Services. Commission Income generated $10.36M in revenue, accounting 54.19% of the company's total revenue, up 11.05% year-over-year. Managed Account Services generated $8.76M in revenue, accounting 45.81% of the company's total revenue, down -3.06% year-over-year.

What is Commerce Bancshares’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of Commerce Bancshares was Commission Income. This segment made a revenue of $10.36M, representing 54.19% of the company's total revenue.