Commerce Bancshares, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.5M | $16.8M | $13.0M | $8.9M | $7.5M | $8.6M | $8.0M | $1.33B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $731.8M | $679.5M | $1.00B | $689.2M | $699.2M | $484.0M | $635.2M | $609.5M |
| Operating Margin | 3,963.6% | 4,040.7% | 7,693.2% | 7,702.0% | 9,337.2% | 5,634.9% | 7,988.7% | 46.0% |
| Interest Expense | — | — | $383.2M | $56.8M | $12.9M | $42.8M | $103.4M | $65.4M |
| Pretax Income | $731.8M | $679.5M | $619.7M | $632.4M | $686.3M | $441.2M | $531.8M | $544.2M |
| Income Tax Expense | $161.1M | $145.1M | $134.5M | $132.4M | $145.7M | $87.3M | $109.1M | $105.9M |
| Net Income | $566.3M | $526.3M | $477.1M | $488.4M | $530.8M | $354.1M | $421.2M | $433.5M |
| Net Margin | 3,066.8% | 3,129.9% | 3,659.6% | 5,458.2% | 7,088.2% | 4,122.2% | 5,297.8% | 32.7% |
| EPS (Basic) | $4.04 | $3.69 | $3.30 | $3.50 | $3.92 | $2.64 | $3.25 | $3.44 |
| EPS (Diluted) | $4.04 | $3.69 | $3.30 | $3.50 | $3.91 | $2.64 | $3.25 | $3.43 |
| Shares Outstanding (Basic) | 133.9M | 129.9M | 124.8M | 121.1M | 117.1M | 112.1M | 110.9M | 106.7M |
| Shares Outstanding (Diluted) | 133.9M | 129.9M | 124.8M | 121.1M | 117.1M | 112.1M | 110.9M | 106.7M |
| Dividends Per Share | $1.05 | $0.98 | $0.93 | $0.92 | $0.91 | $0.93 | $0.90 | $0.81 |