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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Pulling SEC filings + quote and writing the call…

TTENK/calls
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Home›CBSH›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

COMMERCE BANCSHARES INC /MO/ (CBSH) financials

Income statement

COMMERCE BANCSHARES INC /MO/ (CBSH) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income$275M$319M$434M$421M$354M$531M$488M$477M$526M$566M
EPS (diluted)$2.37$2.62$3.43$3.25$2.64$3.91$3.50$3.30$3.69$4.04

Cash flow

COMMERCE BANCSHARES INC /MO/ (CBSH) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$455M$427M$553M$513M$624M$598M$559M$489M$578M$645M
Capital expenditures$24.5M$30.8M$33.3M$42.6M$33.1M$56.7M$65.2M$88.1M$46.1M$52.7M
Free cash flow$430M$396M$519M$470M$591M$541M$494M$401M$532M$592M
Share buybacks$39.4M$17.8M$75.2M$135M$54.2M$129M$187M$76.4M$170M$208M
Dividends paid$87.1M$91.6M$100M$113M$121M$123M$127M$135M$145M$150M

Balance sheet

COMMERCE BANCSHARES INC /MO/ (CBSH) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$802M$524M$1.21B$908M$2.21B$4.30B$898M$2.69B$3.38B$3.55B
Total assets$25.6B$24.8B$25.5B$26.1B$32.9B$36.7B$31.9B$31.7B$32.0B$32.9B
Total liabilities$23.1B$22.1B$22.5B$22.9B$29.5B$33.2B$29.4B$28.7B$28.7B$29.1B
Shareholders' equity$2.50B$2.72B$2.93B$3.13B$3.40B$3.44B$2.47B$2.94B$3.31B$3.79B
Retained earnings$293M$221M$241M$202M$73.0M$92.5M$31.6M$53.2M$45.5M$132M

Every figure is extracted from COMMERCE BANCSHARES INC /MO/’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is COMMERCE BANCSHARES INC /MO/'s free cash flow?
$592M in FY2025 (operating cash flow $645M minus $52.7M of capital expenditures), from the SEC cash-flow statement.
Does CBSH pay a dividend?
Yes — COMMERCE BANCSHARES INC /MO/ paid $150M in cash dividends during FY2025, per its SEC cash-flow statement.
Full CBSH analysis — verdict, score & filings →Is CBSH a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.