Commerce Bancshares (CBSH) Operating Expenses (2009 - 2026)

Commerce Bancshares' (CBSH) quarterly Operating Expenses came in at $291.1 million in Q1 2026, up 22.13% year-on-year from $238.4 million in Q1 2025, and up 15.07% quarter-over-quarter from $253.0 million in Q4 2025.

Commerce Bancshares (CBSH) Operating Expenses (2009 - 2026) Analysis & Trends

Commerce Bancshares' Operating Expenses history runs 18 years deep, the most recent figure standing at $291.1 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 22.13% year-over-year to $291.1 million in Q1 2026; TTM through Mar 2026 was $1.0 billion, a 9.39% increase from a year earlier, with the FY2025 full-year figure at $979.8 million, up 3.01% from the prior year.
  • Operating Expenses climbed to $291.1 million in Q1 2026 per CBSH's latest filing, from $253.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $291.1 million in Q1 2026 and bottomed at $205.6 million in Q1 2022.
  • The 5-year median for Operating Expenses is $235.7 million (2024), against an average of $235.4 million.
  • Across the five-year window, Operating Expenses fell 6.18% in 2024 and grew 22.13% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $216.7 million in 2022, then rose by 15.92% to $251.3 million in 2023, then dropped by 6.18% to $235.7 million in 2024, then gained by 7.33% to $253.0 million in 2025, then gained by 15.07% to $291.1 million in 2026.
  • Per Business Quant, the three latest CBSH Operating Expenses figures stand at $291.1 million (Q1 2026), $253.0 million (Q4 2025), and $244.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -19.71 Mn
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -1.04 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -287,925.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -2.75 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn - -17.40 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -3.86 Bn
7 First Capital 200.03 Bn 199.69 Bn - 7.75 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 11.90 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 3.77 Bn
10 Commerce Bancshares 17.36 Mn -147.20 Mn - 291.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 291.13 Mn
Dec 31, 2025 253.00 Mn
Sep 30, 2025 244.02 Mn
Jun 30, 2025 244.44 Mn
Mar 31, 2025 238.38 Mn
Dec 31, 2024 235.72 Mn
Sep 30, 2024 237.60 Mn
Jun 30, 2024 232.21 Mn
Mar 31, 2024 245.70 Mn
Dec 31, 2023 251.25 Mn
Sep 30, 2023 228.01 Mn
Jun 30, 2023 227.61 Mn
Mar 31, 2023 224.11 Mn
Dec 31, 2022 216.74 Mn
Sep 30, 2022 212.88 Mn
Jun 30, 2022 213.51 Mn
Mar 31, 2022 205.65 Mn
Dec 31, 2021 203.58 Mn
Sep 30, 2021 211.62 Mn
Jun 30, 2021 198.13 Mn