Commerce Bancshares (CBSH) Tax Rate (2009 - 2026)
Commerce Bancshares' quarterly Tax Rate came in at 22.07% in Q1 2026, up 1.0% year-on-year from 21.85% in Q1 2025, and little changed quarter-over-quarter from 22.16% in Q4 2025.
Commerce Bancshares has reported Tax Rate for 18 years, with the latest figure at 22.07% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 1.0% year-over-year to 22.07%; the trailing twelve-month figure through Mar 2026 stood at 22.02% (up 54.0% YoY), and the FY2025 full-year result was 22.02%, up 67.0% from the prior year.
- Tax Rate for Q1 2026 stood at 22.07%, roughly flat from 22.16% in the prior quarter.
- The five-year high for Tax Rate was 22.47% in Q4 2023, with the low at 20.52% in Q4 2022.
- Average Tax Rate over 5 years is 21.54%, with a median of 21.44% recorded in 2024.
- Year-over-year, Tax Rate sank 213 bps in 2022 and jumped 196 bps in 2023.
- Tracing CBSH's Tax Rate over 5 years: stood at 20.52% in 2022, then climbed by 10 bps to 22.47% in 2023, then dropped by 6 bps to 21.05% in 2024, then advanced by 5 bps to 22.16% in 2025, then decreased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Commerce Bancshares | 7.63 Bn | 7.48 Bn | - | 22.07 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.07 |
| Mar 31, 2026 | 22.07 |
| Dec 31, 2025 | 22.16 |
| Dec 31, 2025 | 22.16 |
| Sep 30, 2025 | 22.27 |
| Sep 30, 2025 | 22.27 |
| Jun 30, 2025 | 21.61 |
| Jun 30, 2025 | 21.61 |
| Mar 31, 2025 | 22.06 |
| Mar 31, 2025 | 22.06 |
| Dec 31, 2024 | 21.05 |
| Dec 31, 2024 | 21.05 |
| Sep 30, 2024 | 21.42 |
| Sep 30, 2024 | 21.42 |
| Jun 30, 2024 | 21.44 |
| Jun 30, 2024 | 21.44 |
| Mar 31, 2024 | 21.52 |
| Mar 31, 2024 | 21.52 |
| Dec 31, 2023 | 22.47 |
| Dec 31, 2023 | 22.47 |
| Sep 30, 2023 | 21.42 |
| Sep 30, 2023 | 21.42 |
| Jun 30, 2023 | 21.62 |
| Jun 30, 2023 | 21.62 |
| Mar 31, 2023 | 21.40 |
| Mar 31, 2023 | 21.40 |
| Dec 31, 2022 | 20.52 |
| Dec 31, 2022 | 20.52 |
| Sep 30, 2022 | 21.19 |
| Sep 30, 2022 | 21.19 |
| Jun 30, 2022 | 21.04 |
| Jun 30, 2022 | 21.04 |
| Mar 31, 2022 | 21.00 |
| Mar 31, 2022 | 21.00 |
| Dec 31, 2021 | 22.64 |
| Dec 31, 2021 | 22.64 |
| Sep 30, 2021 | 21.61 |
| Sep 30, 2021 | 21.61 |
| Jun 30, 2021 | 21.38 |
| Jun 30, 2021 | 21.38 |
| Mar 31, 2021 | 19.40 |
| Mar 31, 2021 | 19.40 |
| Dec 31, 2020 | 20.02 |
| Dec 31, 2020 | 20.02 |
| Sep 30, 2020 | 20.49 |
| Sep 30, 2020 | 20.49 |
| Jun 30, 2020 | 19.96 |
| Jun 30, 2020 | 19.96 |
| Mar 31, 2020 | 17.02 |
| Mar 31, 2020 | 17.02 |
| Dec 31, 2019 | 20.82 |
| Dec 31, 2019 | 20.82 |
| Sep 30, 2019 | 20.91 |
| Sep 30, 2019 | 20.91 |
| Jun 30, 2019 | 21.06 |
| Jun 30, 2019 | 21.06 |
| Mar 31, 2019 | 19.06 |
| Mar 31, 2019 | 19.06 |
| Dec 31, 2018 | 19.33 |
| Dec 31, 2018 | 19.33 |
| Sep 30, 2018 | 18.94 |
| Sep 30, 2018 | 18.94 |
| Jun 30, 2018 | 20.95 |
| Jun 30, 2018 | 20.95 |
| Mar 31, 2018 | 18.56 |
| Mar 31, 2018 | 18.56 |
| Dec 31, 2017 | 17.47 |
| Dec 31, 2017 | 17.47 |
| Sep 30, 2017 | 30.32 |
| Sep 30, 2017 | 30.32 |
| Jun 30, 2017 | 29.59 |
| Jun 30, 2017 | 29.59 |
| Mar 31, 2017 | 25.78 |
| Mar 31, 2017 | 25.78 |
| Dec 31, 2016 | 30.86 |
| Dec 31, 2016 | 30.86 |
| Sep 30, 2016 | 30.91 |
| Sep 30, 2016 | 30.91 |
| Jun 30, 2016 | 31.12 |
| Jun 30, 2016 | 31.12 |
| Mar 31, 2016 | 30.95 |
| Mar 31, 2016 | 30.95 |
| Dec 31, 2015 | 30.04 |
| Dec 31, 2015 | 30.04 |
| Sep 30, 2015 | 30.02 |
| Sep 30, 2015 | 30.02 |
| Jun 30, 2015 | 30.14 |
| Jun 30, 2015 | 30.14 |
| Mar 31, 2015 | 31.46 |
| Mar 31, 2015 | 31.46 |
| Dec 31, 2014 | 31.63 |
| Dec 31, 2014 | 31.63 |
| Sep 30, 2014 | 31.33 |
| Sep 30, 2014 | 31.33 |
| Jun 30, 2014 | 31.77 |
| Jun 30, 2014 | 31.77 |
| Mar 31, 2014 | 31.86 |
| Mar 31, 2014 | 31.86 |
| Dec 31, 2013 | 32.24 |
| Dec 31, 2013 | 32.24 |
| Sep 30, 2013 | 32.37 |
| Sep 30, 2013 | 32.37 |
| Jun 30, 2013 | 31.37 |
| Jun 30, 2013 | 31.37 |
| Mar 31, 2013 | 32.23 |
| Mar 31, 2013 | 32.23 |
| Dec 31, 2012 | 29.32 |
| Dec 31, 2012 | 29.32 |
| Sep 30, 2012 | 32.50 |
| Sep 30, 2012 | 32.50 |
| Jun 30, 2012 | 32.61 |
| Jun 30, 2012 | 32.61 |
| Mar 31, 2012 | 33.01 |
| Mar 31, 2012 | 33.01 |
| Dec 31, 2011 | 31.89 |
| Dec 31, 2011 | 31.89 |
| Sep 30, 2011 | 32.44 |
| Sep 30, 2011 | 32.44 |
| Jun 30, 2011 | 31.95 |
| Jun 30, 2011 | 31.95 |
| Mar 31, 2011 | 31.10 |
| Mar 31, 2011 | 31.10 |
| Dec 31, 2010 | 28.19 |
| Dec 31, 2010 | 28.19 |
| Sep 30, 2010 | 31.69 |
| Sep 30, 2010 | 31.69 |
| Jun 30, 2010 | 31.44 |
| Jun 30, 2010 | 31.44 |
| Mar 31, 2010 | 29.55 |
| Mar 31, 2010 | 29.55 |
| Dec 31, 2009 | 26.45 |
| Dec 31, 2009 | 26.45 |
| Sep 30, 2009 | 31.27 |
| Sep 30, 2009 | 31.27 |
| Jun 30, 2009 | 29.30 |
| Jun 30, 2009 | 29.30 |