Commerce Bancshares
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Commerce Bancshares's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $1,381,291,000. Profit margin reached 35%. Total operating expenses were $788,422,000.
Profit Margin
| 2014 | 1.07B | 261.75M | 24.46% |
|---|---|---|---|
| 2015 | 1.08B | 263.73M | 24.24% |
| 2016 | 1.15B | 275.39M | 23.86% |
| 2017 | 1.24B | 319.38M | 25.65% |
| 2018 | 1.32B | 433.54M | 32.73% |
| 2019 | 1.34B | 421.23M | 31.21% |
| 2020 | 1.34B | 354.05M | 26.29% |
| 2021 | 1.42B | 530.76M | 37.22% |
| 2022 | 1.50B | 488.39M | 32.36% |
| 2023 | 1.38B | 477.06M | 34.54% |
CBSH Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.38B | 1.50B | 1.42B | 1.34B | 1.34B | 1.32B | 1.24B | 1.15B | 1.08B | 1.07B |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 1.38B | 1.50B | 1.42B | 1.34B | 1.34B | 1.32B | 1.24B | 1.15B | 1.08B | 1.07B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 24.51M | 23.82M | 21.85M | 19.73M | 21.91M | 20.54M | 16.32M | 16.03M | 16.10M | 15.67M |
Total operating expenses | 788.42M | 23.82M | -749.4M | -905.39M | -819.31M | -719.81M | 16.32M | 16.03M | 16.10M | 15.67M |
Operating income | 619.72M | 677.55M | 676.47M | 441.35M | 530.30M | 604.86M | 473.61M | 432.54M | 408.41M | 410.05M |
Other income (expenses), net | 0 | -45.17M | 9.82M | -85.09M | 1.48M | -60.70M | -136.13M | -31.54M | -111.12M | -42.30M |
Income before tax | 619.72M | 632.37M | 686.30M | 441.17M | 531.78M | 544.16M | 430.40M | 401.00M | 383.56M | 383M |
Income tax expense | 134.54M | 132.35M | 145.71M | 87.29M | 109.07M | 105.94M | 110.50M | 124.15M | 116.59M | 120.21M |
Net income | 477.06M | 488.39M | 530.76M | 354.05M | 421.23M | 433.54M | 319.38M | 275.39M | 263.73M | 261.75M |
Earnings per share | ||||||||||
Basic EPS | 3.64 | 3.68 | 3.92 | 2.52 | 2.95 | 3.21 | 2.27 | 1.96 | 1.82 | 1.77 |
Diluted EPS | 3.64 | 3.67 | 3.91 | 2.51 | 2.94 | 3.18 | 2.26 | 1.95 | 1.82 | 1.77 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |