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| Date | Value |
|---|---|
| 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% |