Commerce Bancshares annual return on equity
2009
2010
2011
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2015
2016
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2018
2019
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2021
2022
2023
2024
2025
Commerce Bancshares Return on Equity (ROE) Growth & History (CBSH)
Commerce Bancshares's return on equity was 15.95% for fiscal 2025.
View full Commerce Bancshares company overviewCommerce Bancshares annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 15.95% | −0.88 pp |
| 2024 | 2024-12-31 | 16.83% | −0.81 pp |
| 2023 | 2023-12-31 | 17.64% | +1.09 pp |
| 2022 | 2022-12-31 | 16.55% | +1.02 pp |
| 2021 | 2021-12-31 | 15.53% | +4.69 pp |
| 2020 | 2020-12-31 | 10.84% | −3.05 pp |
| 2019 | 2019-12-31 | 13.89% | −1.46 pp |
| 2018 | 2018-12-31 | 15.35% | +3.10 pp |
| 2017 | 2017-12-31 | 12.25% | +0.92 pp |
| 2016 | 2016-12-31 | 11.34% | +0.10 pp |
| 2015 | 2015-12-31 | 11.24% | −0.29 pp |
| 2014 | 2014-12-31 | 11.53% | −0.39 pp |
| 2013 | 2013-12-31 | 11.92% | −0.51 pp |
| 2012 | 2012-12-31 | 12.43% | +0.19 pp |
| 2011 | 2011-12-31 | 12.24% | +0.89 pp |
| 2010 | 2010-12-31 | 11.35% | +1.59 pp |
| 2009 | 2009-12-31 | 9.76% | — |
Commerce Bancshares quarterly return on equity
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Q4.10
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Q3.11
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Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
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Q3.14
Q4.14
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Q2.15
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Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
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Q2.18
Q3.18
Q4.18
Q1.19
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Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
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Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.69% | −0.59 pp |
| Q1 2026 | 2026-03-31 | 3.50% | −0.38 pp |
| Q4 2025 | 2025-12-31 | 3.72% | −0.32 pp |
| Q3 2025 | 2025-09-30 | 3.82% | −0.38 pp |
| Q2 2025 | 2025-06-30 | 4.28% | −0.31 pp |
| Q1 2025 | 2025-03-31 | 3.88% | +0.05 pp |
| Q4 2024 | 2024-12-31 | 4.04% | +0.08 pp |
| Q3 2024 | 2024-09-30 | 4.20% | −0.39 pp |
| Q2 2024 | 2024-06-30 | 4.59% | −0.20 pp |
| Q1 2024 | 2024-03-31 | 3.83% | −0.83 pp |
| Q4 2023 | 2023-12-31 | 3.95% | −1.51 pp |
| Q3 2023 | 2023-09-30 | 4.60% | −0.31 pp |
| Q2 2023 | 2023-06-30 | 4.79% | +0.67 pp |
| Q1 2023 | 2023-03-31 | 4.66% | +0.96 pp |
| Q4 2022 | 2022-12-31 | 5.47% | +2.14 pp |
| Q3 2022 | 2022-09-30 | 4.90% | +1.38 pp |
| Q2 2022 | 2022-06-30 | 4.12% | −0.65 pp |
| Q1 2022 | 2022-03-31 | 3.69% | −0.21 pp |
| Q4 2021 | 2021-12-31 | 3.32% | −0.55 pp |
| Q3 2021 | 2021-09-30 | 3.52% | −0.46 pp |
| Q2 2021 | 2021-06-30 | 4.78% | +3.57 pp |
| Q1 2021 | 2021-03-31 | 3.90% | +2.28 pp |
| Q4 2020 | 2020-12-31 | 3.88% | +0.45 pp |
| Q3 2020 | 2020-09-30 | 3.98% | +0.49 pp |
| Q2 2020 | 2020-06-30 | 1.21% | −2.27 pp |
| Q1 2020 | 2020-03-31 | 1.62% | −1.63 pp |
| Q4 2019 | 2019-12-31 | 3.43% | −0.40 pp |
| Q3 2019 | 2019-09-30 | 3.48% | −0.56 pp |
| Q2 2019 | 2019-06-30 | 3.48% | −0.55 pp |
| Q1 2019 | 2019-03-31 | 3.25% | −0.47 pp |
| Q4 2018 | 2018-12-31 | 3.82% | +0.34 pp |
| Q3 2018 | 2018-09-30 | 4.04% | +1.24 pp |
| Q2 2018 | 2018-06-30 | 4.03% | +0.99 pp |
| Q1 2018 | 2018-03-31 | 3.73% | +0.90 pp |
| Q4 2017 | 2017-12-31 | 3.48% | +0.65 pp |
| Q3 2017 | 2017-09-30 | 2.80% | +0.10 pp |
| Q2 2017 | 2017-06-30 | 3.05% | +0.23 pp |
| Q1 2017 | 2017-03-31 | 2.83% | +0.11 pp |
| Q4 2016 | 2016-12-31 | 2.83% | +0.14 pp |
| Q3 2016 | 2016-09-30 | 2.70% | −0.06 pp |
| Q2 2016 | 2016-06-30 | 2.82% | −0.34 pp |
| Q1 2016 | 2016-03-31 | 2.72% | +0.14 pp |
| Q4 2015 | 2015-12-31 | 2.70% | −0.02 pp |
| Q3 2015 | 2015-09-30 | 2.76% | −0.24 pp |
| Q2 2015 | 2015-06-30 | 3.16% | +0.22 pp |
| Q1 2015 | 2015-03-31 | 2.58% | −0.29 pp |
| Q4 2014 | 2014-12-31 | 2.72% | −0.29 pp |
| Q3 2014 | 2014-09-30 | 3.00% | −0.19 pp |
| Q2 2014 | 2014-06-30 | 2.94% | −0.14 pp |
| Q1 2014 | 2014-03-31 | 2.87% | +0.06 pp |
| Q4 2013 | 2013-12-31 | 3.00% | +0.02 pp |
| Q3 2013 | 2013-09-30 | 3.19% | +0.27 pp |
| Q2 2013 | 2013-06-30 | 3.08% | −0.12 pp |
| Q1 2013 | 2013-03-31 | 2.81% | −0.21 pp |
| Q4 2012 | 2012-12-31 | 2.99% | +0.12 pp |
| Q3 2012 | 2012-09-30 | 2.91% | −0.16 pp |
| Q2 2012 | 2012-06-30 | 3.20% | −0.09 pp |
| Q1 2012 | 2012-03-31 | 3.02% | +0.06 pp |
| Q4 2011 | 2011-12-31 | 2.87% | −0.18 pp |
| Q3 2011 | 2011-09-30 | 3.07% | +0.30 pp |
| Q2 2011 | 2011-06-30 | 3.29% | +0.20 pp |
| Q1 2011 | 2011-03-31 | 2.96% | — |
| Q4 2010 | 2010-12-31 | 3.04% | — |
| Q3 2010 | 2010-09-30 | 2.77% | — |
| Q2 2010 | 2010-06-30 | 3.09% | — |
Commerce Bancshares return on equity trends
Over the last five fiscal years, Commerce Bancshares's return on equity increased from 10.84% to 15.95%, a change of +5.11 percentage points. The latest reported quarter, Q2 2026, shows 3.69%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Commerce Bancshares source filings ↗