Commerce Bancshares (CBSH) Research & Development (2009 - 2026)

Commerce Bancshares' Research & Development history runs 18 years deep, the most recent figure standing at $38.3 million for Q1 2026.

• In Q1 2026, Research & Development rose 18.89% year-over-year to $38.3 million; the TTM figure through Mar 2026 stood at $140.1 million (up 9.02% YoY), while the FY2025 annual figure was $134.0 million, up 5.17% from the prior year.
• Research & Development was $38.3 million for Q1 2026 at Commerce Bancshares, up from $35.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $38.3 million in Q1 2026 to a low of $27.0 million in Q1 2022.
• Historically, Research & Development has averaged $31.1 million across 5 years, with a median of $31.2 million in 2024.
• The sharpest annual moves came in 2025 and 2026: Research & Development advanced 3.48% in 2025, then increased 18.89% in 2026.
• A 5-year view of Research & Development shows it stood at $28.0 million in 2022, then climbed by 11.25% to $31.1 million in 2023, then gained by 4.41% to $32.5 million in 2024, then increased by 8.49% to $35.3 million in 2025, then grew by 8.66% to $38.3 million in 2026.
• The last three Research & Development figures came in at $38.3 million (Q1 2026), $35.3 million (Q4 2025), and $33.6 million (Q3 2025), per Business Quant data.