Commerce Bancshares, Inc. (CBSH): Price and Financial Metrics

CBSH POWR Grades

• CBSH scores best on the Momentum dimension, with a Momentum rank ahead of 92.64% of US stocks.
• CBSH's strongest trending metric is Quality; it's been moving up over the last 26 weeks.
• CBSH's current lowest rank is in the Value metric (where it is better than 3.44% of US stocks).

CBSH Stock Summary

• CBSH's went public 36.96 years ago, making it older than 93.52% of listed US stocks we're tracking.
• Equity multiplier, or assets relative to shareholders' equity, comes in at 12.07 for COMMERCE BANCSHARES INC; that's greater than it is for 94.49% of US stocks.
• The volatility of COMMERCE BANCSHARES INC's share price is greater than that of only 0.66% US stocks with at least 200 days of trading history.
• Stocks that are quantitatively similar to CBSH, based on their financial statements, market capitalization, and price volatility, are CFR, UMPQ, OBNK, SNV, and GBCI.
• Visit CBSH's SEC page to see the company's official filings. To visit the company's web site, go to www.commercebank.com.

CBSH Valuation Summary

• In comparison to the median Financial Services stock, CBSH's EV/EBIT ratio is 42.11% higher, now standing at 16.2.
• CBSH's price/earnings ratio has moved up 4.3 over the prior 243 months.

Below are key valuation metrics over time for CBSH.

CBSH Growth Metrics

Its 3 year cash and equivalents growth rate is now at 167.19%.
• Its 5 year net income to common stockholders growth rate is now at 37.75%.
• The year over year revenue growth rate now stands at 14.44%.

CBSH's revenue has moved up $151,512,000 over the prior 33 months.

The table below shows CBSH's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	1,447.07	581.382	471.677
2022-06-30	1,436.401	556.643	471.415
2022-03-31	1,464.531	520.567	517.947
2021-12-31	1,462.143	597.722	530.765
2021-09-30	1,449.016	637.734	545.748
2021-06-30	1,432.521	721.513	548.169

CBSH's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• CBSH has a Quality Grade of C, ranking ahead of 43.04% of graded US stocks.
• CBSH's asset turnover comes in at 0.044 -- ranking 114th of 428 Banking stocks.
• PBCT, BANF, and MTB are the stocks whose asset turnover ratios are most correlated with CBSH.

The table below shows CBSH's key quality metrics over time.