COMMERCE BANCSHARES, INC.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $159.8M | $141.6M | $141.5M | $152.5M | $131.6M | $138.0M | $139.6M | $112.7M |
| Depreciation & Amortization | — | $21.0M | — | — | $13.7M | — | — | $13.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $5.7M | $5.7M | $310.0K | $306.0K | $338.0K | $318.0K | $320.0K | $331.0K |
| Stock-Based Compensation | — | $6.1M | — | — | $4.4M | — | — | $4.3M |
| Net Cash from Operating Activities | $181.9M | $684.8M | $129.0M | $111.2M | $138.6M | $431.7M | $147.4M | $135.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $12.8M | $6.4M | $15.7M | $10.7M | $12.6M | $12.6M | $8.5M | $11.0M |
| Business Acquisitions | — | $-501.4M | — | — | $0 | — | — | — |
| Net Cash from Investing Activities | — | $859.2M | — | — | $-373.4M | — | — | $540.9M |
| Financing Activities | ||||||||
| Dividends Paid | — | $41.9M | — | — | $37.9M | — | — | $35.1M |
| Stock Repurchases | — | $84.3M | — | — | $55.2M | — | — | $42.0M |
| Net Cash from Financing Activities | — | $-1.25B | — | — | $132.7M | — | — | $-1.46B |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $169.1M | $678.4M | $113.3M | $100.5M | $126.0M | $419.1M | $138.9M | $124.5M |