Commerce Bancshares (CBSH) Tax Rate (2009 - 2026)

Commerce Bancshares' Tax Rate history runs 18 years deep, the most recent figure standing at 22.07% for Q1 2026.

• In Q1 2026, Tax Rate rose 1.0% year-over-year to 22.07%; the TTM figure through Mar 2026 stood at 22.02% (up 54.0% YoY), while the FY2025 annual figure was 22.02%, up 67.0% from the prior year.
• Tax Rate was 22.07% for Q1 2026 at Commerce Bancshares, roughly flat from 22.16% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 22.47% in Q4 2023 to a low of 20.52% in Q4 2022.
• Historically, Tax Rate has averaged 21.54% across 5 years, with a median of 21.44% in 2024.
• The sharpest annual moves came in 2022 and 2023: Tax Rate sank 213 bps in 2022, then surged 196 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 20.52% in 2022, then advanced by 10 bps to 22.47% in 2023, then slipped by 6 bps to 21.05% in 2024, then gained by 5 bps to 22.16% in 2025, then retreated by 0 bps to 22.07% in 2026.
• The last three Tax Rate figures came in at 22.07% (Q1 2026), 22.16% (Q4 2025), and 22.27% (Q3 2025), per Business Quant data.