Commerce Bancshares, Inc. is a bank holding company with branches for Commerce Bank. The Bank engages in general banking business, providing a broad range of retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses. Commerce Bancshares, Inc. also owns, directly or through the Bank, various non-banking subsidiaries. Their activities include private equity investment, securities brokerage, insurance agency, and leasing activities.


Type
Public
HQ
Kansas City, US
Founded
1865
Size (employees)
4,811 (est)
Commerce Bancshares was founded in 1865 and is headquartered in Kansas City, US
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Key People/Management at Commerce Bancshares

David Kemper

David Kemper

CEO

Commerce Bancshares Office Locations

Commerce Bancshares has an office in Kansas City
Kansas City, US (HQ)
1000 Walnut St
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Commerce Bancshares Financials and Metrics

Commerce Bancshares Financials

Commerce Bancshares's revenue was reported to be $713.05 m in FY, 2016 which is a 7.6% increase from the previous period.
USD

Revenue (Q2, 2017)

316.7 m

Gross profit (Q2, 2017)

305.9 m

Gross profit margin (Q2, 2017), %

96.6%

Net income (Q2, 2017)

79 m

EBIT (Q2, 2017)

172 m

Market capitalization (25-Apr-2018)

6.8 b

Cash (30-Jun-2017)

433.7 m
Commerce Bancshares's current market capitalization is $6.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

650.3 m648.3 m662.4 m713.1 m

Revenue growth, %

0%2%8%

Cost of goods sold

28.1 m33 m

Gross profit

634.3 m680 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

284.7 m280.3 m291.2 m296.6 m298.7 m305.1 m316.7 m

Cost of goods sold

6.9 m7.1 m8.4 m8.2 m8.1 m9.7 m10.8 m

Gross profit

277.7 m273.2 m282.8 m288.4 m290.6 m295.3 m305.9 m

Gross profit Margin, %

98%97%97%97%97%97%97%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

518.4 m467.5 m464.4 m494.7 m

Inventories

13.4 b

Goodwill

138.9 m138.9 m138.9 m138.9 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

594.3 m530.2 m516.5 m445.3 m416.1 m409.8 m384.1 m375.5 m428.3 m396.9 m416.2 m433.7 m

Inventories

10.8 b11.2 b11.5 b11.4 b11.7 b11.9 b12.2 b12.7 b13.1 b13.2 b13.6 b13.6 b

Goodwill

138.7 m138.9 m138.9 m138.9 m138.9 m138.9 m138.9 m138.9 m138.9 m138.9 m138.9 m138.9 m

Total Assets

22.5 b22.8 b23 b22.7 b24 b23.7 b24 b24.5 b24.7 b24.7 b25.3 b25.1 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

261.1 m262.8 m267 m276.9 m

Cash From Operating Activities

360.9 m360.8 m289.1 m432.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

195.3 m64.1 m130 m199 m62 m137.3 m202.6 m65.5 m135.3 m204.5 m71.7 m150.7 m

Cash From Operating Activities

288.8 m121.5 m208.9 m285.6 m95.5 m193.6 m278.8 m195.9 m290.9 m346.2 m141.3 m212 m

Cash From Investing Activities

(185.4 m)(218.6 m)(538.3 m)(210.4 m)(600.5 m)(193.8 m)(624.7 m)83.5 m18.1 m(92.8 m)(173.4 m)145 m

Cash From Financing Activities

65.9 m(424.2 m)(375.2 m)(622.3 m)(43.5 m)(399.1 m)(296.1 m)(225.9 m)(186.4 m)(289 m)(211.8 m)(608.4 m)
USDY, 2017

Revenue/Employee

65.9 k

Financial Leverage

9.5 x
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Commerce Bancshares Operating Metrics

Commerce Bancshares's Total Loans was reported to be $13.6b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

ATMs

392 387 378

Mobile Banking Users

88 k176 k152 k

Non-performing Loans

$81.20 m$90.27 m$82.45 m$85.50 k$113.10 m$112.79 m$111.54 m$113.59 m$99.50 m$106.36 m$107.76 m

Total Loans

$11.50 b$11.72 b$11.93 b$12.22 b$12.40 b$12.59 b$12.86 b$13.23 b$13.40 b$13.57 b$13.63 b
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