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.

• On a quarterly basis, Research & Development rose 18.89% year-over-year to $38.3 million in Q1 2026; TTM through Mar 2026 was $140.1 million, a 9.02% increase from a year earlier, with the FY2025 full-year figure at $134.0 million, up 5.17% from the prior year.
• Research & Development grew to $38.3 million in Q1 2026 per CBSH's latest filing, from $35.3 million in the prior quarter.
• Across five years, Research & Development topped out at $38.3 million in Q1 2026 and bottomed at $27.0 million in Q1 2022.
• The 5-year median for Research & Development is $31.2 million (2024), against an average of $31.1 million.
• Across the five-year window, Research & Development grew 3.48% in 2025 and gained 18.89% in 2026, its largest moves.
• Year by year, Research & Development 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.
• Per Business Quant, the three latest CBSH Research & Development figures stand at $38.3 million (Q1 2026), $35.3 million (Q4 2025), and $33.6 million (Q3 2025).