OverviewSuggest Edit

Commerce Bancshares is a bank holding company of 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 also owns, directly or through the Bank, various non-banking subsidiaries. Their activities include private equity investment, securities brokerage, insurance agency, and leasing activities.

TypePublic
Founded1865
HQKansas City, MO, US
Websitecommercebank.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2019)4,858
Revenue (FY, 2020)$505.9 M(-3%)
Share Price (Feb 2021)$74 (-2%)
Cybersecurity ratingBMore

Key People/Management at Commerce Bancshares

David W. Kemper

David W. Kemper

Executive Chairman
John W. Kemper

John W. Kemper

Director, President and Chief Executive Officer
Charles G. Kim

Charles G. Kim

Chief Financial Officer and Executive Vice President, Commerce
Kevin G. Barth

Kevin G. Barth

Chairman & Chief Executive Officer, Kansas City Region Executive Vice President, Commerce Bancshares, Inc
Daniel D. Callahan

Daniel D. Callahan

Chief Credit Officer and Executive Vice President
Sara E. Foster

Sara E. Foster

Executive Vice President, Talent & Corporate Administration
Show more

Commerce Bancshares Office Locations

Commerce Bancshares has an office in Kansas City
Kansas City, MO, US (HQ)
1000 Walnut St, Kansas City
Show all (1)

Commerce Bancshares Financials and Metrics

Commerce Bancshares Revenue

Commerce Bancshares's revenue was reported to be $505.87 m in FY, 2020
USD

Revenue (FY, 2020)

505.9m

Net income (FY, 2020)

353.9m

Market capitalization (26-Feb-2021)

8.7b

Closing stock price (26-Feb-2021)

74.0

Cash (31-Dec-2020)

437.6m
Commerce Bancshares's current market capitalization is $8.7 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

405.1m392.9m399.6m650.3m648.3m1.1b1.2b1.3b501.3m524.7m505.9m

Revenue growth, %

0%71%7%6%

Cost of goods sold

505.0m543.7m575.6m

Gross profit

605.6m643.7m688.4m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

101.6m99.5m95.9m101.3m101.6m94.6m100.8m100.9m99.9m102.7m284.7m280.3m291.2m296.6m298.7m305.1m316.7m325.7m676.2m

Cost of goods sold

6.9m7.1m8.4m8.2m8.1m9.7m10.8m13.1m27.8m

Gross profit

277.7m273.2m282.8m288.4m290.6m295.3m305.9m312.6m648.4m

Gross profit Margin, %

98%97%97%97%97%97%97%96%96%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

460.7m517.6m779.8m518.4m467.5m464.4m494.7m438.4m507.9m491.6m437.6m

Accounts Receivable

9.2b9.0b9.7b14.0b14.6b16.1b

Inventories

13.3b13.8b

PP&E

383.4m360.1m357.6m337.7m335.1m333.1m370.6m371.1m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

651.6m420.9m569.7m887.1m569.7m434.4m510.7m569.4m620.8m429.5m594.3m530.2m516.5m445.3m416.1m409.8m384.1m375.5m428.3m396.9m416.2m433.7m599.8m423.0m386.3m443.0m428.0m456.2m512.3m401.2m391.3m357.6m

Accounts Receivable

9.5b9.5b9.2b9.0b8.9b9.1b9.2b9.5b9.8b10.2b13.6b13.8b14.0b14.1b14.3b14.9b16.2b16.2b

Inventories

10.8b11.2b11.5b11.4b11.7b11.9b12.2b12.7b13.1b13.2b13.6b13.6b13.9b14.0b

PP&E

393.1m387.8m378.7m374.7m369.0m353.9m350.9m350.0m355.5m352.5m335.3m331.9m362.7m363.6m365.9m369.7m368.6m377.9m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

221.7m256.3m269.3m261.1m262.8m267.0m276.9m319.9m438.2m422.7m353.9m

Depreciation and Amortization

48.9m34.5m32.2m42.8m40.9m39.7m38.7m41.1m43.8m

Inventories

Accounts Payable

Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

103.9m159.8m60.5m129.5m194.8m65.8m136.5m202.5m61.0m126.8m195.3m64.1m130.0m199.0m62.0m137.3m202.6m65.5m135.3m204.5m71.7m150.7m224.9m102.1m213.4m327.5m97.1m205.4m315.4m49.6m88.3m221.7m

Depreciation and Amortization

24.9m36.9m11.9m23.7m35.3m11.0m21.8m32.6m10.4m20.8m29.5m28.8m10.0m20.3m30.7m10.6m21.3m32.5m

Cash From Operating Activities

94.7m405.9m102.0m194.9m311.1m120.1m203.4m295.4m98.1m167.9m288.8m121.5m208.9m285.6m95.5m193.6m278.8m195.9m290.9m346.2m141.3m212.0m334.3m144.0m288.1m446.7m142.2m251.7m377.3m79.8m229.7m472.4m

Purchases of PP&E

(9.4m)(13.2m)(5.8m)(11.1m)(16.1m)(5.4m)(11.7m)(19.2m)(5.9m)(10.7m)(22.9m)(21.4m)(11.3m)(20.3m)(29.4m)(7.6m)(13.7m)(29.2m)
USDQ2, 2010

Financial Leverage

9.2 x
Show all financial metrics

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

Bank Branches

195 191 184

Customers (Online Banking)

357 k160 k396 k

Mobile Banking Users

88 k176 k152 k

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
Show all operating metrics

Commerce Bancshares Revenue Breakdown

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Commerce Bancshares revenue breakdown by business segment: 38.0% from Consumer, 45.0% from Commercial, 6.0% from Wealth and 11.0% from Other

Commerce Bancshares Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Commerce Bancshares Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Commerce Bancshares Online and Social Media Presence

Embed Graph

Commerce Bancshares News and Updates

Commerce Bancshares Frequently Asked Questions

  • When was Commerce Bancshares founded?

    Commerce Bancshares was founded in 1865.

  • Who are Commerce Bancshares key executives?

    Commerce Bancshares's key executives are David W. Kemper, John W. Kemper and Charles G. Kim.

  • How many employees does Commerce Bancshares have?

    Commerce Bancshares has 4,858 employees.

  • What is Commerce Bancshares revenue?

    Latest Commerce Bancshares annual revenue is $505.9 m.

  • What is Commerce Bancshares revenue per employee?

    Latest Commerce Bancshares revenue per employee is $104.1 k.

  • Who are Commerce Bancshares competitors?

    Competitors of Commerce Bancshares include Bank of America, UMB Financial and The PNC Financial Services Group.

  • Where is Commerce Bancshares headquarters?

    Commerce Bancshares headquarters is located at 1000 Walnut St, Kansas City, Kansas City.

  • Where are Commerce Bancshares offices?

    Commerce Bancshares has an office in Kansas City.

  • How many offices does Commerce Bancshares have?

    Commerce Bancshares has 1 office.