Commerce Bancshares Inc /Mo/ (CBSH) Operating Expenses (2009 - 2026)
Commerce Bancshares' Operating Expenses came in at $297.07 million for Q2 2026, up 21.5% from $244.44 million a year earlier and up 2.0% from the prior quarter.
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Analysis
Commerce Bancshares Inc /Mo/ (CBSH) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Commerce Bancshares reported Operating Expenses of $1.09 billion, up 13.5% year-over-year; for FY2025, it was $979.83 million, up 3.0% from FY2024.
- Operating Expenses has increased in each of the last seven years, with a five-year compound annual growth rate of 5.0% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $951.23 million in FY2024 (+2.2%), $930.98 million in FY2023 (+9.7%), $848.78 million in FY2022 (+5.3%) and $805.9 million in FY2021 (+4.9%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q2 2009.
- Year-over-year, Operating Expenses has increased for five consecutive quarters, with growth averaging 6.7% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q1 2026 (growth of 22.1%), and the weakest in Q4 2024 (a decline of 6.2%).
- Business Quant data shows CBSH's Operating Expenses at $291.13 million (Q1 2026), $253 million (Q4 2025) and $244.02 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 297.07 Mn |
| 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 |
API Access
Commerce Bancshares Inc /Mo/ Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CBSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CBSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CBSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();