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

Commerce Bancshares has reported Research & Development for 18 years, with the latest figure at $38.3 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 18.89% year-over-year to $38.3 million; the trailing twelve-month figure through Mar 2026 stood at $140.1 million (up 9.02% YoY), and the FY2025 full-year result was $134.0 million, up 5.17% from the prior year.
• Research & Development for Q1 2026 stood at $38.3 million, up from $35.3 million in the prior quarter.
• The five-year high for Research & Development was $38.3 million in Q1 2026, with the low at $27.0 million in Q1 2022.
• Average Research & Development over 5 years is $31.1 million, with a median of $31.2 million recorded in 2024.
• Year-over-year, Research & Development grew 3.48% in 2025 and gained 18.89% in 2026.
• Tracing CBSH's Research & Development over 5 years: stood at $28.0 million in 2022, then grew by 11.25% to $31.1 million in 2023, then advanced by 4.41% to $32.5 million in 2024, then rose by 8.49% to $35.3 million in 2025, then increased 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.

Peer Comparison