Commerce Bancshares (CBSH) EBITDA Margin (2009 - 2026)
Commerce Bancshares (CBSH) recorded quarterly EBITDA Margin of 60.46% in Q1 2026, down 2.78% quarter-over-quarter from 62.19% in Q4 2025, and down 218.0% on a YoY basis from 51.24% in Q1 2025.
Commerce Bancshares (CBSH) EBITDA Margin (2009 - 2026) Analysis & Trends
Commerce Bancshares' EBITDA Margin history runs 18 years deep, the most recent figure standing at 60.46% for Q1 2026.
- In Q1 2026, EBITDA Margin fell 218.0% year-over-year to 60.46%; the TTM figure through Mar 2026 stood at 63.18% (down 418.0% YoY), while the FY2025 annual figure was 63.78%, down 443.0% from the prior year.
- EBITDA Margin was 60.46% for Q1 2026 at Commerce Bancshares, down from 62.19% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 70.51% in Q2 2024 to a low of 43.75% in Q2 2022.
- Historically, EBITDA Margin has averaged 61.09% across 5 years, with a median of 64.59% in 2025.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin slumped 1940 bps in 2022, then jumped 2434 bps in 2023.
- A 5-year view of EBITDA Margin shows it stood at 52.34% in 2022, then rose by 28 bps to 66.89% in 2023, then fell by 0 bps to 66.77% in 2024, then decreased by 7 bps to 62.19% in 2025, then declined by 3 bps to 60.46% in 2026.
- The last three EBITDA Margin figures came in at 60.46% (Q1 2026), 62.19% (Q4 2025), and 64.59% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | 39.06% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 515.04% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 61.45% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | 46.65% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 7,561,492.12% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | -157.25% |
| 10 | Commerce Bancshares | 8.14 Bn | 7.99 Bn | - | 60.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.46% |
| Dec 31, 2025 | 62.19% |
| Sep 30, 2025 | 64.59% |
| Jun 30, 2025 | 65.69% |
| Mar 31, 2025 | 62.63% |
| Dec 31, 2024 | 66.77% |
| Sep 30, 2024 | 69.66% |
| Jun 30, 2024 | 70.51% |
| Mar 31, 2024 | 65.81% |
| Dec 31, 2023 | 66.89% |
| Sep 30, 2023 | 69.85% |
| Jun 30, 2023 | 68.10% |
| Mar 31, 2023 | 55.35% |
| Dec 31, 2022 | 52.34% |
| Sep 30, 2022 | 47.14% |
| Jun 30, 2022 | 43.75% |
| Mar 31, 2022 | 46.83% |
| Dec 31, 2021 | 44.08% |
| Sep 30, 2021 | 47.73% |
| Jun 30, 2021 | 63.15% |