vs
Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and AMERICAS CARMART INC (CRMT). Click either name above to swap in a different company.
COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $286.3M, roughly 1.7× AMERICAS CARMART INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs -7.8%, a 37.6% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs 0.2%). Over the past eight quarters, AMERICAS CARMART INC's revenue compounded faster (9.1% CAGR vs 7.1%).
Commerce Bancshares, Inc. is a regional bank holding company headquartered in Missouri, with principal offices in Kansas City and St. Louis. It is the corporate parent of Commerce Bank, which offers a diversified line of financial services, including business and personal banking, wealth management and investments through its affiliated companies.
Americas CarMart Inc is a US-based specialty automotive retailer that primarily sells used vehicles and provides tailored in-house financing solutions for customers with limited or poor credit histories. It operates a network of physical dealerships concentrated in the Southern and Midwestern regions of the United States, serving underserved consumer segments in the automotive purchase market.
CBSH vs CRMT — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $286.3M |
| Net Profit | $141.6M | $-22.5M |
| Gross Margin | — | 37.5% |
| Operating Margin | — | -9.6% |
| Net Margin | 29.8% | -7.8% |
| Revenue YoY | 11.1% | 0.2% |
| Net Profit YoY | 10.5% | -540.7% |
| EPS (diluted) | $0.96 | $-2.71 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $286.3M | ||
| Q3 25 | $441.0M | $276.2M | ||
| Q2 25 | $445.8M | $309.7M | ||
| Q1 25 | $428.1M | $263.5M | ||
| Q4 24 | $422.1M | $285.8M | ||
| Q3 24 | $421.4M | $287.2M | ||
| Q2 24 | $414.5M | $309.7M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $-22.5M | ||
| Q3 25 | $141.5M | $-5.7M | ||
| Q2 25 | $152.5M | $10.6M | ||
| Q1 25 | $131.6M | $3.2M | ||
| Q4 24 | $136.1M | $5.1M | ||
| Q3 24 | $138.0M | $-964.0K | ||
| Q2 24 | $139.6M | $426.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | 37.5% | ||
| Q3 25 | — | 36.6% | ||
| Q2 25 | — | 36.4% | ||
| Q1 25 | — | 35.7% | ||
| Q4 24 | — | 39.4% | ||
| Q3 24 | — | 35.0% | ||
| Q2 24 | — | 35.1% |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | -9.6% | ||
| Q3 25 | 41.9% | -2.7% | ||
| Q2 25 | 44.0% | 4.0% | ||
| Q1 25 | 39.2% | 1.7% | ||
| Q4 24 | 41.2% | 2.5% | ||
| Q3 24 | 42.4% | -0.4% | ||
| Q2 24 | 43.4% | — |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | -7.8% | ||
| Q3 25 | 32.1% | -2.1% | ||
| Q2 25 | 34.2% | 3.4% | ||
| Q1 25 | 30.7% | 1.2% | ||
| Q4 24 | 32.2% | 1.8% | ||
| Q3 24 | 32.8% | -0.3% | ||
| Q2 24 | 33.7% | 0.1% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $-2.71 | ||
| Q3 25 | $1.06 | $-0.69 | ||
| Q2 25 | $1.14 | $1.50 | ||
| Q1 25 | $0.98 | $0.37 | ||
| Q4 24 | $0.83 | $0.61 | ||
| Q3 24 | $1.01 | $-0.15 | ||
| Q2 24 | $1.03 | $0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $122.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.3B | $555.0M |
| Total Assets | $35.7B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $122.4M | ||
| Q3 25 | — | $9.7M | ||
| Q2 25 | — | $9.8M | ||
| Q1 25 | — | $8.5M | ||
| Q4 24 | — | $8.0M | ||
| Q3 24 | — | $4.7M | ||
| Q2 24 | — | $5.5M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $555.0M | ||
| Q3 25 | $3.8B | $564.8M | ||
| Q2 25 | $3.6B | $569.4M | ||
| Q1 25 | $3.5B | $557.8M | ||
| Q4 24 | $3.3B | $553.6M | ||
| Q3 24 | $3.4B | $471.1M | ||
| Q2 24 | $3.1B | $470.6M |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $1.7B | ||
| Q3 25 | $32.3B | $1.6B | ||
| Q2 25 | $32.3B | $1.6B | ||
| Q1 25 | $32.4B | $1.6B | ||
| Q4 24 | $32.0B | $1.6B | ||
| Q3 24 | $31.5B | $1.5B | ||
| Q2 24 | $30.6B | $1.5B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $9.1M |
| Free Cash FlowOCF − Capex | — | $8.3M |
| FCF MarginFCF / Revenue | — | 2.9% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-11.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $9.1M | ||
| Q3 25 | $129.0M | $-5.9M | ||
| Q2 25 | $111.2M | $19.2M | ||
| Q1 25 | $138.6M | $-30.8M | ||
| Q4 24 | $577.9M | $-22.2M | ||
| Q3 24 | $431.7M | $-15.0M | ||
| Q2 24 | $147.4M | $-10.7M |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $8.3M | ||
| Q3 25 | $113.3M | $-6.4M | ||
| Q2 25 | $100.5M | $18.4M | ||
| Q1 25 | $126.0M | $-31.5M | ||
| Q4 24 | $531.7M | $-23.6M | ||
| Q3 24 | $419.1M | $-16.0M | ||
| Q2 24 | $138.9M | $-12.0M |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 2.9% | ||
| Q3 25 | 25.7% | -2.3% | ||
| Q2 25 | 22.5% | 5.9% | ||
| Q1 25 | 29.4% | -12.0% | ||
| Q4 24 | 126.0% | -8.3% | ||
| Q3 24 | 99.5% | -5.6% | ||
| Q2 24 | 33.5% | -3.9% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 0.3% | ||
| Q3 25 | 3.6% | 0.2% | ||
| Q2 25 | 2.4% | 0.3% | ||
| Q1 25 | 2.9% | 0.3% | ||
| Q4 24 | 10.9% | 0.5% | ||
| Q3 24 | 3.0% | 0.3% | ||
| Q2 24 | 2.1% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | — | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 0.73× | 1.81× | ||
| Q1 25 | 1.05× | -9.73× | ||
| Q4 24 | 4.25× | -4.36× | ||
| Q3 24 | 3.13× | — | ||
| Q2 24 | 1.06× | -25.18× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBSH
Segment breakdown not available.
CRMT
| Sales Used Autos | $241.4M | 84% |
| Service Contract Sales | $23.6M | 8% |
| Wholesales Third Party | $12.6M | 4% |
| Payment Protection Plan Revenue | $8.7M | 3% |
