Commerce Bancshares (CBSH) Tax Rate (2009 - 2026)
Commerce Bancshares (CBSH) reported Tax Rate of 22.23% for Q2 2026, up 0.61 percentage points from 21.61% a year earlier and up 0.16 percentage points from the prior quarter.
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Analysis
Commerce Bancshares (CBSH) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Commerce Bancshares' Tax Rate came in at 22.18%, up 0.65 percentage points year-over-year; for FY2025, it was 22.02%, up 0.67 percentage points from FY2024.
- Tax Rate has a five-year change of +2.23 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 21.35% in FY2024 (-0.36 pp), 21.71% in FY2023 (+0.78 pp), 20.93% in FY2022 (-0.30 pp) and 21.23% in FY2021 (+1.45 pp).
- Five-year quarterly Tax Rate spans a low of 20.52% in Q4 2022 and a high of 22.64% in Q4 2021.
- Year over year, Tax Rate has now increased in each of the last six quarters, with an average year-over-year change of +0.24 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q4 2021 (a gain of 2.62 percentage points); the low point was Q4 2022 (a drop of 2.13 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.07% (Q1 2026), 22.16% (Q4 2025) and 22.27% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Commerce Bancshares | 16.17 Bn | 15.99 Bn | - | 22.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.23% |
| Mar 31, 2026 | 22.07% |
| Dec 31, 2025 | 22.16% |
| Sep 30, 2025 | 22.27% |
| Jun 30, 2025 | 21.61% |
| Mar 31, 2025 | 22.06% |
| Dec 31, 2024 | 21.05% |
| Sep 30, 2024 | 21.42% |
| Jun 30, 2024 | 21.44% |
| Mar 31, 2024 | 21.52% |
| Dec 31, 2023 | 22.47% |
| Sep 30, 2023 | 21.42% |
| Jun 30, 2023 | 21.62% |
| Mar 31, 2023 | 21.40% |
| Dec 31, 2022 | 20.52% |
| Sep 30, 2022 | 21.19% |
| Jun 30, 2022 | 21.04% |
| Mar 31, 2022 | 21.00% |
| Dec 31, 2021 | 22.64% |
| Sep 30, 2021 | 21.61% |
API Access
Commerce Bancshares Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CBSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CBSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CBSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();