Commerce Bancshares (CBSH) Research & Development (2009 - 2026)
Commerce Bancshares (CBSH) posted quarterly Research & Development of $38.3 million for Q1 2026, up 18.89% year-over-year from $32.2 million in Q1 2025, and up 8.66% quarter-over-quarter from $35.3 million in Q4 2025.
Commerce Bancshares (CBSH) Research & Development (2009 - 2026) Analysis & Trends
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 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.
- The 5-year median for Research & Development is $31.2 million (2024), against an average of $31.1 million.
- The sharpest annual moves came in 2025 and 2026: Research & Development gained 3.48% in 2025, then grew 18.89% in 2026.
- Commerce Bancshares' Research & Development stood at $28.0 million in 2022, then advanced by 11.25% to $31.1 million in 2023, then rose by 4.41% to $32.5 million in 2024, then grew by 8.49% to $35.3 million in 2025, then climbed by 8.66% to $38.3 million in 2026.
- Business Quant data shows CBSH's Research & Development at $38.3 million in Q1 2026, $35.3 million in Q4 2025, and $33.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.74 Bn | 84.54 Bn | - | - |
| 2 | Pnc Financial Services | 98.04 Bn | 98.04 Bn | - | - |
| 3 | Us Bancorp | 96.29 Bn | 96.29 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.09 Bn | -81.22 Bn | - | - |
| 7 | Nu Holdings | 70.66 Bn | 56.97 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.84 Bn | 61.84 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.65 Bn | 25.93 Bn | - | 250.00 Mn |
| 10 | Commerce Bancshares | 8.50 Bn | 8.29 Bn | - | 38.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.24 Mn |
| Mar 31, 2026 | 38.33 Mn |
| Dec 31, 2025 | 35.27 Mn |
| Sep 30, 2025 | 33.56 Mn |
| Jun 30, 2025 | 32.90 Mn |
| Mar 31, 2025 | 32.24 Mn |
| Dec 31, 2024 | 32.51 Mn |
| Sep 30, 2024 | 32.19 Mn |
| Jun 30, 2024 | 31.53 Mn |
| Mar 31, 2024 | 31.15 Mn |
| Dec 31, 2023 | 31.14 Mn |
| Sep 30, 2023 | 30.74 Mn |
| Jun 30, 2023 | 28.72 Mn |
| Mar 31, 2023 | 28.15 Mn |
| Dec 31, 2022 | 27.99 Mn |
| Sep 30, 2022 | 28.05 Mn |
| Jun 30, 2022 | 27.64 Mn |
| Mar 31, 2022 | 27.02 Mn |
| Dec 31, 2021 | 25.78 Mn |
| Sep 30, 2021 | 25.60 Mn |