GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commerce Bancshares Inc (NAS:CBSH) » Definitions » Revenue

Commerce Bancshares (Commerce Bancshares) Revenue : $1,586 Mil (TTM As of Dec. 2023)


View and export this data going back to 1984. Start your Free Trial

What is Commerce Bancshares Revenue?

Commerce Bancshares's revenue for the three months ended in Dec. 2023 was $401 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,586 Mil. Commerce Bancshares's Revenue per Share for the three months ended in Dec. 2023 was $3.09. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $12.19.

Good Sign:

Commerce Bancshares Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Commerce Bancshares was 6.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Commerce Bancshares's highest 3-Year average Revenue per Share Growth Rate was 12.20% per year. The lowest was 1.40% per year. And the median was 6.75% per year.


Commerce Bancshares Revenue Historical Data

The historical data trend for Commerce Bancshares's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Commerce Bancshares Revenue Chart

Commerce Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,349.62 1,346.75 1,425.88 1,509.23 1,586.16

Commerce Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 400.37 388.93 400.54 395.79 400.90

Competitive Comparison of Commerce Bancshares's Revenue

For the Banks - Regional subindustry, Commerce Bancshares's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Commerce Bancshares's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commerce Bancshares's Revenue distribution charts can be found below:

* The bar in red indicates where Commerce Bancshares's Revenue falls into.



Commerce Bancshares Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,586 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Commerce Bancshares  (NAS:CBSH) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Commerce Bancshares Revenue Related Terms

Thank you for viewing the detailed overview of Commerce Bancshares's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Commerce Bancshares (Commerce Bancshares) Business Description

Traded in Other Exchanges
Address
1000 Walnut, Kansas City, MO, USA, 64106
Commerce Bancshares Inc. is a $22 billion regional bank that provides a diversified line of financial services, including business and personal banking, wealth management, financial planning, and investments through its affiliated companies. Commerce Bank operates in more than 200 locations in the central United States. Commerce Bancshares also has operating subsidiaries involved in mortgage banking, leasing, credit-related insurance, venture capital, and real estate activities.
Executives
David W Kemper director, officer: Chairman, CEO and President PO BOX 419248, KANSAS CITY MO 64141-6248
Blackford F Brauer director P.O. BOX 419248, KANSAS CITY MO 64141-6248
Paula S Petersen officer: Senior Vice President PO BOX 419248, KANSAS CITY MO 64141-6248
Patricia R Kellerhals officer: Senior Vice President PO BOX 419248, KANSAS CITY MO 64141-6248
Derrick Brooks officer: Senior Vice President COMMERCE BANK, PO BOX 419248, KANSAS CITY MO 64141-6248
Douglas D Neff officer: Senior Vice President PO BOX 419248, KANSAS CITY MO 64141-6248
John W Kemper officer: Senior Vice President PO BOX 419248, KANSAS CITY MO 64141-6248
David L. Roller officer: Senior Vice President PO BOX 419248, KANSAS CITY MO 64141-6248
Rassieur Benjamin F Iii director PO BOX 419248, KANSAS CITY MO 64141-6248
Thomas J Noack officer: Senior Vice President P.O. BOX 419248, KANSAS CITY MO 64141-6248
Robert S Holmes officer: Executive Vice President PO BOX 419248, KANSAS CITY MO 64141-6248
William Kyle Chapman director P.O. BOX 419248, KANSAS CITY MO 64141-6248
Christine B Taylor-broughton director P.O. BOX 419248, KANSAS CITY MO 64141-6248
June Mcallister Fowler director P.O. BOX 419248, KANSAS CITY MO 64141-6248
Kim L Jakovich officer: Senior Vice President P.O. BOX 419248, KANSAS CITY MO 64141-6248

Commerce Bancshares (Commerce Bancshares) Headlines