Commerce Bancshares, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.19B | $1.13B | $1.08B | $1.06B | $1.04B | $1.04B | $1.04B | $1.05B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $474.1M | $434.0M | $411.7M | $412.5M | $415.2M | $436.7M | $432.9M | $401.7M |
| Operating Margin | 39.7% | 38.5% | 38.0% | 39.0% | 40.0% | 42.0% | 41.7% | 38.2% |
| Interest Expense | $43.7M | $33.0M | $28.1M | $28.1M | $30.9M | $38.1M | $51.9M | $83.5M |
| Pretax Income | $430.4M | $401.0M | $383.6M | $384.4M | $384.3M | $398.6M | $381.0M | $318.1M |
| Income Tax Expense | $110.5M | $124.2M | $116.6M | $121.6M | $123.2M | $127.2M | $121.4M | $96.2M |
| Net Income | $319.4M | $275.4M | $263.7M | $261.8M | $261.0M | $269.3M | $256.3M | $221.7M |
| Net Margin | 26.7% | 24.4% | 24.4% | 24.8% | 25.1% | 25.9% | 24.7% | 21.1% |
| EPS (Basic) | $2.63 | $2.38 | $2.33 | $2.38 | $2.47 | $2.64 | $2.57 | $2.30 |
| EPS (Diluted) | $2.62 | $2.37 | $2.32 | $2.37 | $2.46 | $2.63 | $2.56 | $2.29 |
| Shares Outstanding (Basic) | 101.6M | 96.7M | 96.4M | 95.8M | 90.7M | 89.0M | 87.0M | — |
| Shares Outstanding (Diluted) | 101.6M | 96.7M | 96.4M | 95.8M | 90.7M | 89.0M | 87.0M | — |
| Dividends Per Share | $0.78 | $0.78 | $0.78 | $0.78 | $0.78 | $2.09 | $0.80 | $0.81 |