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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and ENCORE CAPITAL GROUP INC (ECPG). Click either name above to swap in a different company.
COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $473.6M, roughly 1.0× ENCORE CAPITAL GROUP INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 16.2%, a 13.6% gap on every dollar of revenue. On growth, ENCORE CAPITAL GROUP INC posted the faster year-over-year revenue change (78.3% vs 11.1%). Over the past eight quarters, ENCORE CAPITAL GROUP INC's revenue compounded faster (20.1% 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.
Encore Capital Group, Inc. is a publicly traded debt buyer based in the United States. The company is headquartered in San Diego, and operates throughout the United States. The firm is a publicly traded NASDAQ Global Select company (ECPG), a component stock of the Russell 2000, the S&P SmallCap 600, and the Wilshire 4500.
CBSH vs ECPG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $473.6M |
| Net Profit | $141.6M | $76.7M |
| Gross Margin | — | — |
| Operating Margin | — | 36.6% |
| Net Margin | 29.8% | 16.2% |
| Revenue YoY | 11.1% | 78.3% |
| Net Profit YoY | 0.7% | — |
| EPS (diluted) | $0.96 | $3.32 |
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 | $473.6M | ||
| Q3 25 | $441.0M | $460.4M | ||
| Q2 25 | $445.8M | $442.1M | ||
| Q1 25 | $428.1M | $392.8M | ||
| Q4 24 | $422.1M | $265.6M | ||
| Q3 24 | $421.4M | $367.1M | ||
| Q2 24 | $414.5M | $355.3M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $76.7M | ||
| Q3 25 | $141.5M | $74.7M | ||
| Q2 25 | $152.5M | $58.7M | ||
| Q1 25 | $131.6M | $46.8M | ||
| Q4 24 | $136.1M | — | ||
| Q3 24 | $138.0M | $30.6M | ||
| Q2 24 | $139.6M | $32.2M |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 36.6% | ||
| Q3 25 | 41.9% | 37.6% | ||
| Q2 25 | 44.0% | 34.1% | ||
| Q1 25 | 39.2% | 32.9% | ||
| Q4 24 | 41.2% | — | ||
| Q3 24 | 42.4% | 28.9% | ||
| Q2 24 | 43.4% | 28.7% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 16.2% | ||
| Q3 25 | 32.1% | 16.2% | ||
| Q2 25 | 34.2% | 13.3% | ||
| Q1 25 | 30.7% | 11.9% | ||
| Q4 24 | 32.2% | — | ||
| Q3 24 | 32.8% | 8.3% | ||
| Q2 24 | 33.7% | 9.1% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $3.32 | ||
| Q3 25 | $1.06 | $3.17 | ||
| Q2 25 | $1.14 | $2.49 | ||
| Q1 25 | $0.98 | $1.93 | ||
| Q4 24 | $0.83 | — | ||
| Q3 24 | $1.01 | $1.26 | ||
| Q2 24 | $1.03 | $1.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $156.8M |
| Total DebtLower is stronger | — | $4.0B |
| Stockholders' EquityBook value | $4.3B | $976.8M |
| Total Assets | $35.7B | $5.3B |
| Debt / EquityLower = less leverage | — | 4.13× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $156.8M | ||
| Q3 25 | — | $172.5M | ||
| Q2 25 | — | $172.9M | ||
| Q1 25 | — | $187.1M | ||
| Q4 24 | — | $199.9M | ||
| Q3 24 | — | $247.4M | ||
| Q2 24 | — | $250.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $4.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $976.8M | ||
| Q3 25 | $3.8B | $952.9M | ||
| Q2 25 | $3.6B | $896.0M | ||
| Q1 25 | $3.5B | $819.1M | ||
| Q4 24 | $3.3B | $767.3M | ||
| Q3 24 | $3.4B | $1.0B | ||
| Q2 24 | $3.1B | $988.1M |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $5.3B | ||
| Q3 25 | $32.3B | $5.3B | ||
| Q2 25 | $32.3B | $5.2B | ||
| Q1 25 | $32.4B | $5.0B | ||
| Q4 24 | $32.0B | $4.8B | ||
| Q3 24 | $31.5B | $5.0B | ||
| Q2 24 | $30.6B | $4.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.13× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.83× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $153.2M |
| Free Cash FlowOCF − Capex | — | $126.9M |
| FCF MarginFCF / Revenue | — | 26.8% |
| Capex IntensityCapex / Revenue | — | 5.5% |
| Cash ConversionOCF / Net Profit | — | 2.00× |
| TTM Free Cash FlowTrailing 4 quarters | — | $244.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $153.2M | ||
| Q3 25 | $129.0M | $81.6M | ||
| Q2 25 | $111.2M | $9.5M | ||
| Q1 25 | $138.6M | $45.3M | ||
| Q4 24 | $577.9M | $156.2M | ||
| Q3 24 | $431.7M | $45.9M | ||
| Q2 24 | $147.4M | $35.7M |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $126.9M | ||
| Q3 25 | $113.3M | $75.6M | ||
| Q2 25 | $100.5M | $3.2M | ||
| Q1 25 | $126.0M | $38.3M | ||
| Q4 24 | $531.7M | $127.2M | ||
| Q3 24 | $419.1M | $39.7M | ||
| Q2 24 | $138.9M | $28.3M |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 26.8% | ||
| Q3 25 | 25.7% | 16.4% | ||
| Q2 25 | 22.5% | 0.7% | ||
| Q1 25 | 29.4% | 9.7% | ||
| Q4 24 | 126.0% | 47.9% | ||
| Q3 24 | 99.5% | 10.8% | ||
| Q2 24 | 33.5% | 8.0% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 5.5% | ||
| Q3 25 | 3.6% | 1.3% | ||
| Q2 25 | 2.4% | 1.4% | ||
| Q1 25 | 2.9% | 1.8% | ||
| Q4 24 | 10.9% | 10.9% | ||
| Q3 24 | 3.0% | 1.7% | ||
| Q2 24 | 2.1% | 2.1% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 2.00× | ||
| Q3 25 | 0.91× | 1.09× | ||
| Q2 25 | 0.73× | 0.16× | ||
| Q1 25 | 1.05× | 0.97× | ||
| Q4 24 | 4.25× | — | ||
| Q3 24 | 3.13× | 1.50× | ||
| Q2 24 | 1.06× | 1.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
