Commerce Bancshares (CBSH) Net Margin (2009 - 2026)

Commerce Bancshares' (CBSH) quarterly Net Margin came in at 30.5% in Q1 2026, down 1645.0% year-on-year from 1.97% in Q1 2025, and down 36.7% quarter-over-quarter from 48.18% in Q4 2025.

Commerce Bancshares (CBSH) Net Margin (2009 - 2026) Analysis & Trends

Commerce Bancshares' Net Margin history runs 18 years deep, the most recent figure standing at 30.5% for Q1 2026.

  • On a quarterly basis, Net Margin fell 1645.0% year-over-year to 30.5% in Q1 2026; TTM through Mar 2026 was 38.89%, a 849.0% increase from a year earlier, with the FY2025 full-year figure at 49.62%, up 1687.0% from the prior year.
  • Net Margin fell to 30.5% in Q1 2026 per CBSH's latest filing, from 48.18% in the prior quarter.
  • Across five years, Net Margin topped out at 56.89% in Q4 2022 and bottomed at 80.74% in Q4 2023.
  • The 5-year median for Net Margin is 34.49% (2025), against an average of 31.92%.
  • Across the five-year window, Net Margin plunged 13763 bps in 2023 and soared 9701 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 56.89% in 2022, then slumped by 242 bps to 80.74% in 2023, then soared by 120 bps to 16.27% in 2024, then surged by 196 bps to 48.18% in 2025, then plunged by 37 bps to 30.5% in 2026.
  • Per Business Quant, the three latest CBSH Net Margin figures stand at 30.5% (Q1 2026), 48.18% (Q4 2025), and 49.92% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 401,783.65%
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 8,284,010.29%
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 0.00%
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn 32.86%
5 Mizuho Financial 385.64 Bn 389.59 Bn - 0.38%
6 Lloyds Banking 358.14 Bn 358.14 Bn - 27.26%
7 First Capital 200.03 Bn 199.69 Bn - 251.63%
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 28.90%
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 27.35%
10 Commerce Bancshares 17.36 Mn -147.20 Mn - 30.50%

Historic Data

Download Data
DateValue
Mar 31, 2026 30.50%
Dec 31, 2025 48.18%
Sep 30, 2025 49.92%
Jun 30, 2025 34.49%
Mar 31, 2025 46.95%
Dec 31, 2024 16.27%
Sep 30, 2024 51.58%
Jun 30, 2024 34.12%
Mar 31, 2024 29.04%
Dec 31, 2023 -80.74%
Sep 30, 2023 47.76%
Jun 30, 2023 32.85%
Mar 31, 2023 44.50%
Dec 31, 2022 56.89%
Sep 30, 2022 32.79%
Jun 30, 2022 32.32%
Mar 31, 2022 35.24%
Dec 31, 2021 52.21%
Sep 30, 2021 51.00%
Jun 30, 2021 46.76%