Commerce Bancshares, Inc.
Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It opera…
Banks - Regional
US, Kansas City [HQ]
CBSH/Financial Reporting
Income Statements
15 Sheets · Starting from 2009In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,024.00 | 1,049.00 | 1,052.00 | 1,044.00 | 1,033.00 | 1,070.00 | 1,088.00 | 1,154.00 | 1,245.00 | 1,324.00 | 1,349.00 | 1,346.00 | 1,425.00 | 1,509.00 | 1,969.00 | |
|
EPS
|
1.10 | 1.41 | 1.65 | 1.79 | 1.76 | 1.77 | 1.82 | 1.96 | 2.27 | 3.21 | 2.95 | 2.52 | 3.92 | 3.68 | 3.64 | |
| Diluted in mil. | 1.10 | 1.40 | 1.65 | 1.78 | 1.75 | 1.77 | 1.82 | 1.95 | 2.26 | 3.18 | 2.94 | 2.51 | 3.91 | 3.67 | 3.64 | |
|
Profit
|
1,032.00 | 1,049.00 | 1,052.00 | 1,044.00 | 1,033.00 | 1,070.00 | 1,088.00 | 1,154.00 | 1,245.00 | 1,324.00 | 1,349.00 | 1,346.00 | 1,425.00 | 1,509.00 | 1,969.00 | |
| Gross Margin | 100.70 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |
| Pre Tax | 242.00 | 318.00 | 381.00 | 398.00 | 383.00 | 383.00 | 383.00 | 401.00 | 430.00 | 544.00 | 531.00 | 441.00 | 686.00 | 632.00 | 619.00 | |
| Profit Margin | 23.63 | 30.32 | 36.21 | 38.17 | 37.10 | 35.78 | 35.25 | 34.74 | 34.56 | 41.08 | 39.40 | 32.76 | 48.13 | 41.90 | 31.47 | |
| ETR | 30.46 | 30.26 | 31.86 | 31.90 | 31.88 | 31.39 | 30.40 | 30.96 | 25.67 | 19.47 | 20.51 | 19.79 | 21.23 | 20.93 | 21.71 | |
| Net | 169.00 | 221.00 | 256.00 | 269.00 | 260.00 | 261.00 | 263.00 | 275.00 | 319.00 | 433.00 | 421.00 | 354.00 | 530.00 | 488.00 | 477.00 | |
| Profit Margin | 16.50 | 21.13 | 24.36 | 25.79 | 25.25 | 24.46 | 24.24 | 23.86 | 25.65 | 32.73 | 31.21 | 26.29 | 37.22 | 32.36 | 24.22 | |
| EBITDA | 448.00 | 450.00 | 476.00 | 478.00 | 456.00 | 452.00 | 451.00 | 473.00 | 513.00 | 643.00 | 571.00 | 485.00 | 721.00 | 724.00 | -8.00 | |
| EBITDA Margin | 43.75 | 42.93 | 45.27 | 45.77 | 44.13 | 42.26 | 41.46 | 41.02 | 41.22 | 48.58 | 42.34 | 36.02 | 50.59 | 48.00 | -0.41 | |
| Operating Income | 396.00 | 401.00 | 429.00 | 434.00 | 414.00 | 410.00 | 408.00 | 432.00 | 473.00 | 604.00 | 530.00 | 441.00 | 676.00 | 677.00 | -8.00 | |
| Operating Margin | 38.72 | 38.27 | 40.83 | 41.61 | 40.07 | 38.31 | 37.53 | 37.47 | 38.03 | 45.66 | 39.29 | 32.77 | 47.44 | 44.89 | -0.41 | |
| Interest Income | 789.00 | 729.00 | 697.00 | 677.00 | 650.00 | 648.00 | 662.00 | 713.00 | 777.00 | 889.00 | 924.00 | 872.00 | 848.00 | 998.00 | 1,381.00 | |
| Loss | -11.00 | -18.00 | -16.00 | -15.00 | -14.00 | -15.00 | -16.00 | -16.00 | -16.00 | -719.00 | -819.00 | -905.00 | -749.00 | -23.00 | -1,349.00 | |
| Cost of Revenue | -7.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Operating Expenses
|
-18.00 | -18.00 | -16.00 | -15.00 | -14.00 | -15.00 | -16.00 | -16.00 | -16.00 | -719.00 | -819.00 | -905.00 | -749.00 | -23.00 | -273.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | -439.00 | -460.00 | -448.00 | -467.00 | -478.00 | -497.00 | -519.00 | -557.00 | -577.00 | -586.00 | -612.00 | -625.00 | -644.00 | -682.00 | -617.00 | |
| SG&A | -457.00 | -479.00 | -465.00 | -482.00 | -492.00 | -512.00 | -535.00 | -573.00 | -593.00 | -606.00 | -634.00 | -645.00 | -666.00 | -706.00 | -641.00 | |
| S&M | -18.00 | -18.00 | -16.00 | -15.00 | -14.00 | -15.00 | -16.00 | -16.00 | -16.00 | -20.00 | -21.00 | -19.00 | -21.00 | -23.00 | -24.00 | |
| Depreciation and Amortization | -51.00 | -48.00 | -46.00 | -43.00 | -41.00 | -42.00 | -42.00 | -40.00 | -39.00 | -38.00 | -41.00 | -43.00 | -44.00 | -46.00 | -49.00 | |
| Interest Expenses | -154.00 | -83.00 | -51.00 | -38.00 | -30.00 | -28.00 | -28.00 | -33.00 | -43.00 | -65.00 | -103.00 | -42.00 | -12.00 | -56.00 | -383.00 | |
| Other Expenses | -154.00 | -83.00 | -48.00 | -35.00 | -30.00 | -27.00 | -24.00 | -31.00 | -43.00 | -60.00 | -1.00 | - - | -9.00 | -45.00 | -619.00 | |
|
WA Shares Outstanding
|
154.00 | 156.00 | 154.00 | 149.00 | 147.00 | 143.00 | 138.00 | 134.00 | 135.00 | 135.00 | 138.00 | 134.00 | 134.00 | 131.00 | 129.00 | |
| Diluted | 154.00 | 157.00 | 154.00 | 150.00 | 148.00 | 145.00 | 140.00 | 136.00 | 136.00 | 136.00 | 138.00 | 134.00 | 134.00 | 131.00 | 130.00 |