Commerce Bancshares (CBSH) Revenue & Revenue Breakdown
Commerce Bancshares Revenue Highlights
Latest Revenue (Y)
$1.97B
Latest Revenue (Q)
$524.84M
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 |
|---|---|---|
| 2024-06-30 | $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 $524.84M in revenue during Q2 2024, up 5.00% compared to the previous quarter, and up 134.94% 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 | $683.20M |
| BOKF | BOK Financial | $2.34B | $914.20M |
| CBSH | Commerce Bancshares | $1.97B | $524.84M |
| TCBI | Texas Capital Bancshares | $1.63B | $472.49M |
| PB | Prosperity Bancshares | $1.60B | $458.92M |
| UBSI | United Bankshares | $1.50B | $399.46M |
| GBCI | Glacier Bancorp | $1.14B | $305.89M |
| FFBC | First Financial Ban | $1.12B | $314.22M |
| NBTB | NBT Bancorp | $665.04M | $194.00M |
| BHLB | Berkshire Hills Bancorp | $619.08M | $174.24M |
| BANF | BancFirst | $593.93M | $152.18M |
| FBNC | First Bancorp | $546.25M | $143.42M |
| FMBH | First Mid Bancshares | $386.95M | $111.11M |
| BFST | Business First Bancshares | $386.89M | $111.69M |
| FISI | Financial Institutions | $331.24M | $101.62M |
| MBWM | Mercantile Bank | $303.50M | $88.56M |
| CATC | Cambridge Bancorp | $218.53M | $66.82M |
| MRBK | Meridian | $168.27M | $47.62M |
| CBAN | Colony Bankcorp | $160.55M | $42.83M |
| FDBC | Fidelity D & D Bancorp | $105.45M | $30.65M |
| FFIN | First Financial Bankshares | - | $184.94M |
| 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 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). The company'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). CBSH's quarterly revenue for Q4 2023 was $515.09M, a 30.14% increase from the previous quarter (Q3 2023), and a 28.65% increase year-over-year (Q4 2022).
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.