Commerce Bancshares (CBSH) Research & Development (2009 - 2026)
Commerce Bancshares (CBSH) posted Research & Development of $38.2 million for Q2 2026, little changed on a QoQ basis from $38.3 million in Q1 2026, and up 16.22% year-over-year from $32.9 million in Q2 2025.
Analysis
Commerce Bancshares (CBSH) Research & Development (2009 - 2026) Analysis & Trends
Commerce Bancshares has reported Research & Development for 18 years, with the latest figure at $38.2 million in Q2 2026.
- On a quarterly basis, Research & Development rose 16.22% year-over-year to $38.2 million in Q2 2026; TTM through Jun 2026 was $145.4 million, a 11.97% increase from a year earlier, with the FY2025 full-year figure at $134.0 million, up 5.17% from the prior year.
- Research & Development was $38.2 million for Q2 2026 at Commerce Bancshares, roughly flat from $38.3 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 $31.5 million, with a median of $31.3 million recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Research & Development climbed 3.48% in 2025, then rose 18.89% in 2026.
- Over 5 years, Research & Development 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 gained by 8.41% to $38.2 million in 2026.
- The last three Research & Development figures came in at $38.2 million (Q2 2026), $38.3 million (Q1 2026), and $35.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | - |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | - |
| 10 | Commerce Bancshares | 16.47 Bn | 16.28 Bn | - | 38.24 Mn |
Historic Data
Download Data
Historic 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 |