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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and GLOBAL INDUSTRIAL Co (GIC). Click either name above to swap in a different company.
COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $345.6M, roughly 1.4× GLOBAL INDUSTRIAL Co). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 4.2%, a 25.5% gap on every dollar of revenue. On growth, GLOBAL INDUSTRIAL Co posted the faster year-over-year revenue change (14.3% vs 11.1%). Over the past eight quarters, COMMERCE BANCSHARES INC's revenue compounded faster (7.1% CAGR vs 3.4%).
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.
Global Industrial Company is a Port Washington, New York–based company providing industrial and MRO products through a system of branded e-Commerce websites and relationship marketers in North America. The primary brand is Global Industrial.
CBSH vs GIC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $345.6M |
| Net Profit | $141.6M | $14.6M |
| Gross Margin | — | 34.5% |
| Operating Margin | — | 5.7% |
| Net Margin | 29.8% | 4.2% |
| Revenue YoY | 11.1% | 14.3% |
| Net Profit YoY | 10.5% | 36.4% |
| EPS (diluted) | $0.96 | $0.37 |
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 | $345.6M | ||
| Q3 25 | $441.0M | $353.6M | ||
| Q2 25 | $445.8M | $358.9M | ||
| Q1 25 | $428.1M | $321.0M | ||
| Q4 24 | $422.1M | $302.3M | ||
| Q3 24 | $421.4M | $342.4M | ||
| Q2 24 | $414.5M | $347.8M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $14.6M | ||
| Q3 25 | $141.5M | $18.8M | ||
| Q2 25 | $152.5M | $25.1M | ||
| Q1 25 | $131.6M | $13.6M | ||
| Q4 24 | $136.1M | $10.7M | ||
| Q3 24 | $138.0M | $16.8M | ||
| Q2 24 | $139.6M | $20.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 34.5% | ||
| Q3 25 | — | 35.6% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 34.9% | ||
| Q4 24 | — | 33.8% | ||
| Q3 24 | — | 34.0% | ||
| Q2 24 | — | 35.2% |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 5.7% | ||
| Q3 25 | 41.9% | 7.4% | ||
| Q2 25 | 44.0% | 9.3% | ||
| Q1 25 | 39.2% | 5.7% | ||
| Q4 24 | 41.2% | 4.8% | ||
| Q3 24 | 42.4% | 6.5% | ||
| Q2 24 | 43.4% | 7.6% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 4.2% | ||
| Q3 25 | 32.1% | 5.3% | ||
| Q2 25 | 34.2% | 7.0% | ||
| Q1 25 | 30.7% | 4.2% | ||
| Q4 24 | 32.2% | 3.5% | ||
| Q3 24 | 32.8% | 4.9% | ||
| Q2 24 | 33.7% | 5.8% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $0.37 | ||
| Q3 25 | $1.06 | $0.48 | ||
| Q2 25 | $1.14 | $0.65 | ||
| Q1 25 | $0.98 | $0.35 | ||
| Q4 24 | $0.83 | $0.28 | ||
| Q3 24 | $1.01 | $0.44 | ||
| Q2 24 | $1.03 | $0.52 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $67.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.3B | $313.2M |
| Total Assets | $35.7B | $580.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $67.5M | ||
| Q3 25 | — | $67.2M | ||
| Q2 25 | — | $55.1M | ||
| Q1 25 | — | $39.0M | ||
| Q4 24 | — | $44.6M | ||
| Q3 24 | — | $38.9M | ||
| Q2 24 | — | $38.8M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $313.2M | ||
| Q3 25 | $3.8B | $316.0M | ||
| Q2 25 | $3.6B | $305.2M | ||
| Q1 25 | $3.5B | $287.9M | ||
| Q4 24 | $3.3B | $281.1M | ||
| Q3 24 | $3.4B | $279.2M | ||
| Q2 24 | $3.1B | $270.4M |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $580.8M | ||
| Q3 25 | $32.3B | $602.5M | ||
| Q2 25 | $32.3B | $586.5M | ||
| Q1 25 | $32.4B | $536.7M | ||
| Q4 24 | $32.0B | $520.7M | ||
| Q3 24 | $31.5B | $531.6M | ||
| Q2 24 | $30.6B | $542.5M |
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 | — | $20.0M |
| Free Cash FlowOCF − Capex | — | $19.2M |
| FCF MarginFCF / Revenue | — | 5.6% |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | — | 1.37× |
| TTM Free Cash FlowTrailing 4 quarters | — | $74.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $20.0M | ||
| Q3 25 | $129.0M | $22.7M | ||
| Q2 25 | $111.2M | $31.7M | ||
| Q1 25 | $138.6M | $3.4M | ||
| Q4 24 | $577.9M | $15.9M | ||
| Q3 24 | $431.7M | $9.6M | ||
| Q2 24 | $147.4M | $18.8M |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $19.2M | ||
| Q3 25 | $113.3M | $22.0M | ||
| Q2 25 | $100.5M | $30.3M | ||
| Q1 25 | $126.0M | $3.2M | ||
| Q4 24 | $531.7M | $15.2M | ||
| Q3 24 | $419.1M | $8.7M | ||
| Q2 24 | $138.9M | $17.9M |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 5.6% | ||
| Q3 25 | 25.7% | 6.2% | ||
| Q2 25 | 22.5% | 8.4% | ||
| Q1 25 | 29.4% | 1.0% | ||
| Q4 24 | 126.0% | 5.0% | ||
| Q3 24 | 99.5% | 2.5% | ||
| Q2 24 | 33.5% | 5.1% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 0.2% | ||
| Q3 25 | 3.6% | 0.2% | ||
| Q2 25 | 2.4% | 0.4% | ||
| Q1 25 | 2.9% | 0.1% | ||
| Q4 24 | 10.9% | 0.2% | ||
| Q3 24 | 3.0% | 0.3% | ||
| Q2 24 | 2.1% | 0.3% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 1.37× | ||
| Q3 25 | 0.91× | 1.21× | ||
| Q2 25 | 0.73× | 1.26× | ||
| Q1 25 | 1.05× | 0.25× | ||
| Q4 24 | 4.25× | 1.49× | ||
| Q3 24 | 3.13× | 0.57× | ||
| Q2 24 | 1.06× | 0.93× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
