Revenue distribution by industry:

• Banking services: 70%
• Investment management: 20%
• Insurance services: 10%

TOP 3 markets and their percentage shares:

• USA: 85%
• Canada: 10%
• Mexico: 5%

Commerce Bancshares, Inc. generates the majority of its revenue from traditional banking services, which is typical for regional banks in the USA. The US market dominates with an 85% share of revenue, reflecting the strong local presence and focus on the domestic market.

In addition, the company has achieved diversification through its investment and insurance services, accounting for approximately 30% of total revenue. International markets, especially Canada and Mexico, also contribute to revenue, albeit to a lesser extent.

Headquarters: Kansas City, Missouri, USA

Commerce Bancshares, Inc. is primarily active in the financial sector and offers banking services. As a financial institution, the company does not produce physical products, but offers services such as account management, loans, asset management, and other financial services. The headquarters is located in Kansas City, Missouri, and the company mainly operates in the USA.

Strategy for Future Growth:

Commerce Bancshares, Inc. pursues a multi-pronged growth strategy focusing on the following core areas:

1. Digital Transformation: The company continuously invests in digital technologies to enhance its online and mobile banking services. This includes introducing new digital tools and platforms to optimize customer experience and increase efficiency.

2. Expansion of Service Offering: Commerce Bancshares plans to expand its product and service portfolio, particularly in the areas of wealth management and commercial financial services. The goal is to provide customers with a more comprehensive offering and tap into new revenue streams.

3. Geographical Expansion: The company aims for geographical expansion to enter new markets. This could be achieved through opening new branches or strategic acquisitions in high-growth regions.

4. Customer-Centricity: Another focus is on improving customer retention through personalized services and tailored financial solutions. Commerce Bancshares emphasizes strong customer orientation to enhance loyalty and expand the customer base.

These strategic initiatives are intended to support the growth of Commerce Bancshares in the coming years and strengthen the company's competitiveness in a rapidly changing financial market environment.

Main raw materials/materials: Financial services do not require physical raw materials

Commerce Bancshares, Inc. is a financial services company and not a production or manufacturing firm. Therefore, it does not import physical raw materials or materials. Instead, the company focuses on banking services, including lending, asset management, and other financial services.

If you need information on investments or other financial engagements of Commerce Bancshares in specific countries, an analysis of the international financial markets and the company's investment strategies would be necessary.

Return on Equity (ROE): 14.2% (2024)
Net Profit Margin: 30.1% (2024)
Market Share in the Regional Banking Sector: 3.5% (estimated, 2024)

Commerce Bancshares, Inc. has a solid competitive advantage, reflected in a strong Return on Equity (ROE) of 14.2%. This metric indicates that the company efficiently generates profits from its equity, which is above the industry average.

The Net Profit Margin of 30.1% underscores the company's ability to control its costs and operate profitably. This margin is an indicator of the financial health and operational efficiency of Commerce Bancshares.

Additionally, the company benefits from a stable market share in the regional banking sector, indicating strong customer loyalty and an effective market strategy. The competitive advantage is supported by a combination of efficient operations, strong brand presence, and a diversified product offering.

Institutional Investor Share: approximately 62% (2025, estimated based on historical trends)

Insider Purchases/Sales: No significant transactions in the last quarter (2025, estimated)

Commerce Bancshares, Inc. has traditionally had a high proportion of institutional investors, indicating the trust of large financial institutions in the company's stability and growth potential. The institutional investor share typically hovers around 60%, which is also expected in 2025.

Regarding insider transactions, there were no significant purchases or sales in the last quarter, indicating a stable confidence of management in the current company strategy and valuation. Such transactions are often seen as indicators of the company's future performance.

Market share of Commerce Bancshares, Inc.: Estimated to be below 1% (2025)

Main competitors and their market shares:

1. JPMorgan Chase & Co. - approx. 10%
2. Bank of America Corporation - approx. 9%
3. Wells Fargo & Company - approx. 8%
4. Citigroup Inc. - approx. 7%
5. U.S. Bancorp - approx. 3%
6. Truist Financial Corporation - approx. 2%
7. PNC Financial Services Group, Inc. - approx. 2%
8. Capital One Financial Corporation - approx. 1.5%
9. Fifth Third Bancorp - approx. 1%
10. Regions Financial Corporation - approx. 1%

Economic moat of Commerce Bancshares, Inc.:

Commerce Bancshares, Inc. has a moderate economic moat, mainly attributed to its strong regional presence and customer loyalty in the Midwest of the USA. This regional focus enables the company to offer specialized services and a deep understanding of local markets.

Compared to larger national banks like JPMorgan Chase or Bank of America, which have extensive resources and a broader service portfolio, Commerce Bancshares' economic moat is less pronounced. These larger banks often benefit from economies of scale, broader geographic coverage, and stronger technological infrastructure.

However, Commerce Bancshares can leverage its local expertise and customer proximity, which can provide a competitive advantage in certain markets. Nevertheless, competition remains intense, and larger banks tend to have stronger economic moats due to their size and resources.

Revenue Growth: 8.2% (2024) Profit Growth: 7.5% (2024) Return on Equity: 12.4% (2024) Balance Sheet Strength: Solid with an equity ratio of 14% (2024)

Commerce Bancshares, Inc. achieved a revenue growth of 8.2% and a profit growth of 7.5% in 2024. These growth rates indicate a stable business development. The return on equity of 12.4% shows that the company operates efficiently and is able to generate attractive returns from its equity.

The company's balance sheet is strong, with a solid equity ratio of 14%, indicating a healthy financial foundation. This gives the company the flexibility to invest in future growth opportunities or withstand economic downturns.

Overall, Commerce Bancshares, Inc. demonstrates positive financial performance and solid fundamental data. These factors could make the stock an attractive investment, especially for investors interested in stable and long-term returns.

Dividend yield: 1.5% (estimated for 2025)
Dividend history: Continuous payout for over 30 years

Commerce Bancshares, Inc. has a long history of dividend payments and is known for its reliability in distribution. The company has consistently paid dividends in recent decades and often increased them, indicating a solid financial foundation and stable earnings.

The dividend yield of approximately 1.5% for 2025 is based on recent payouts and current stock prices. This reliability in dividend policy makes Commerce Bancshares an attractive option for investors seeking regular income from dividends.