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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and Federal Realty Investment Trust (FRT). Click either name above to swap in a different company.

COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $336.0M, roughly 1.4× Federal Realty Investment Trust). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 29.8%, a 8.8% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs 8.7%). Over the past eight quarters, COMMERCE BANCSHARES INC's revenue compounded faster (7.1% CAGR vs 6.5%).

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.

Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.

CBSH vs FRT — Head-to-Head

Bigger by revenue
CBSH
CBSH
1.4× larger
CBSH
$475.7M
$336.0M
FRT
Growing faster (revenue YoY)
CBSH
CBSH
+2.4% gap
CBSH
11.1%
8.7%
FRT
Higher net margin
FRT
FRT
8.8% more per $
FRT
38.6%
29.8%
CBSH
Faster 2-yr revenue CAGR
CBSH
CBSH
Annualised
CBSH
7.1%
6.5%
FRT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CBSH
CBSH
FRT
FRT
Revenue
$475.7M
$336.0M
Net Profit
$141.6M
$129.7M
Gross Margin
Operating Margin
53.8%
Net Margin
29.8%
38.6%
Revenue YoY
11.1%
8.7%
Net Profit YoY
10.5%
103.5%
EPS (diluted)
$0.96
$1.49

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.

Revenue
CBSH
CBSH
FRT
FRT
Q1 26
$475.7M
$336.0M
Q4 25
$449.4M
$336.0M
Q3 25
$441.0M
$322.3M
Q2 25
$445.8M
$311.5M
Q1 25
$428.1M
$309.2M
Q4 24
$422.1M
$311.4M
Q3 24
$421.4M
$303.6M
Q2 24
$414.5M
$296.1M
Net Profit
CBSH
CBSH
FRT
FRT
Q1 26
$141.6M
$129.7M
Q4 25
$140.7M
$129.7M
Q3 25
$141.5M
$61.6M
Q2 25
$152.5M
$155.9M
Q1 25
$131.6M
$63.8M
Q4 24
$136.1M
$65.5M
Q3 24
$138.0M
$61.0M
Q2 24
$139.6M
$112.0M
Operating Margin
CBSH
CBSH
FRT
FRT
Q1 26
53.8%
Q4 25
40.8%
53.8%
Q3 25
41.9%
34.3%
Q2 25
44.0%
65.1%
Q1 25
39.2%
35.0%
Q4 24
41.2%
35.1%
Q3 24
42.4%
34.9%
Q2 24
43.4%
53.0%
Net Margin
CBSH
CBSH
FRT
FRT
Q1 26
29.8%
38.6%
Q4 25
31.3%
38.6%
Q3 25
32.1%
19.1%
Q2 25
34.2%
50.0%
Q1 25
30.7%
20.6%
Q4 24
32.2%
21.0%
Q3 24
32.8%
20.1%
Q2 24
33.7%
37.8%
EPS (diluted)
CBSH
CBSH
FRT
FRT
Q1 26
$0.96
$1.49
Q4 25
$0.86
$1.49
Q3 25
$1.06
$0.69
Q2 25
$1.14
$1.78
Q1 25
$0.98
$0.72
Q4 24
$0.83
$0.74
Q3 24
$1.01
$0.70
Q2 24
$1.03
$1.32

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CBSH
CBSH
FRT
FRT
Cash + ST InvestmentsLiquidity on hand
$107.4M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$4.3B
$3.2B
Total Assets
$35.7B
$9.1B
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBSH
CBSH
FRT
FRT
Q1 26
$107.4M
Q4 25
$107.4M
Q3 25
$111.3M
Q2 25
$177.0M
Q1 25
$109.2M
Q4 24
$123.4M
Q3 24
$97.0M
Q2 24
$103.2M
Total Debt
CBSH
CBSH
FRT
FRT
Q1 26
$5.0B
Q4 25
$5.0B
Q3 25
Q2 25
Q1 25
Q4 24
$4.5B
Q3 24
Q2 24
Stockholders' Equity
CBSH
CBSH
FRT
FRT
Q1 26
$4.3B
$3.2B
Q4 25
$3.8B
$3.2B
Q3 25
$3.8B
$3.2B
Q2 25
$3.6B
$3.2B
Q1 25
$3.5B
$3.2B
Q4 24
$3.3B
$3.2B
Q3 24
$3.4B
$3.1B
Q2 24
$3.1B
$3.0B
Total Assets
CBSH
CBSH
FRT
FRT
Q1 26
$35.7B
$9.1B
Q4 25
$32.9B
$9.1B
Q3 25
$32.3B
$8.9B
Q2 25
$32.3B
$8.6B
Q1 25
$32.4B
$8.6B
Q4 24
$32.0B
$8.5B
Q3 24
$31.5B
$8.5B
Q2 24
$30.6B
$8.4B
Debt / Equity
CBSH
CBSH
FRT
FRT
Q1 26
1.53×
Q4 25
1.53×
Q3 25
Q2 25
Q1 25
Q4 24
1.42×
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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