COMMERCE BANCSHARES INC /MO/
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Interest expense | — | — | $383.2M | $56.8M | $12.9M |
| Pretax income | $731.8M | $679.5M | $619.7M | $632.4M | $686.3M |
| Income tax expense | $161.1M | $145.1M | $134.5M | $132.4M | $145.7M |
| Net income | $566.3M | $526.3M | $477.1M | $488.4M | $530.8M |
| Balance Sheet | |||||
| Total assets | $32.9B | $32.0B | $31.7B | $31.9B | $36.7B |
| Total liabilities | $29.1B | $28.7B | $28.7B | $29.4B | $33.2B |
| Stockholders' equity | $3.8B | $3.3B | $2.9B | $2.5B | $3.4B |
| Cash Flow Statement | |||||
| Cash from operations | $645.1M | $577.9M | $488.8M | $559.4M | $597.7M |
| Depreciation and amortization | $56.5M | $54.1M | $49.5M | $46.9M | $44.9M |
| Stock-based compensation | $17.3M | $17.0M | $17.1M | $17.0M | $15.4M |
| Capital expenditure | $52.7M | $46.1M | $88.1M | $65.2M | $56.7M |
| Free cash flow | $592.4M | $531.7M | $400.7M | $494.2M | $541.0M |
| Dividends paid | $150.2M | $145.1M | $134.7M | $127.5M | $122.7M |
| Share repurchases | $207.6M | $170.5M | $76.4M | $186.6M | $129.4M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 145.8M · Free float 98.1%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.