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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and Guardian Pharmacy Services, Inc. (GRDN). Click either name above to swap in a different company.
COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $397.6M, roughly 1.2× Guardian Pharmacy Services, Inc.). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 5.3%, a 24.5% gap on every dollar of revenue.
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.
CVS Pharmacy Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. Originally named the Consumer Value Stores, it was founded in Lowell, Massachusetts, in 1963.
CBSH vs GRDN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $397.6M |
| Net Profit | $141.6M | $20.9M |
| Gross Margin | — | 21.5% |
| Operating Margin | — | 7.7% |
| Net Margin | 29.8% | 5.3% |
| Revenue YoY | 11.1% | — |
| Net Profit YoY | 10.5% | — |
| EPS (diluted) | $0.96 | — |
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 | $397.6M | ||
| Q3 25 | $441.0M | $377.4M | ||
| Q2 25 | $445.8M | $344.3M | ||
| Q1 25 | $428.1M | $329.3M | ||
| Q4 24 | $422.1M | — | ||
| Q3 24 | $421.4M | $314.4M | ||
| Q2 24 | $414.5M | — |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $20.9M | ||
| Q3 25 | $141.5M | $9.8M | ||
| Q2 25 | $152.5M | $9.0M | ||
| Q1 25 | $131.6M | $9.4M | ||
| Q4 24 | $136.1M | — | ||
| Q3 24 | $138.0M | $-122.0M | ||
| Q2 24 | $139.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 21.5% | ||
| Q3 25 | — | 19.8% | ||
| Q2 25 | — | 19.8% | ||
| Q1 25 | — | 19.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 19.4% | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 7.7% | ||
| Q3 25 | 41.9% | 4.3% | ||
| Q2 25 | 44.0% | 3.7% | ||
| Q1 25 | 39.2% | 3.9% | ||
| Q4 24 | 41.2% | — | ||
| Q3 24 | 42.4% | -33.3% | ||
| Q2 24 | 43.4% | — |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 5.3% | ||
| Q3 25 | 32.1% | 2.6% | ||
| Q2 25 | 34.2% | 2.6% | ||
| Q1 25 | 30.7% | 2.9% | ||
| Q4 24 | 32.2% | — | ||
| Q3 24 | 32.8% | -38.8% | ||
| Q2 24 | 33.7% | — |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | — | ||
| Q3 25 | $1.06 | — | ||
| Q2 25 | $1.14 | — | ||
| Q1 25 | $0.98 | — | ||
| Q4 24 | $0.83 | — | ||
| Q3 24 | $1.01 | — | ||
| Q2 24 | $1.03 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $65.6M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $4.3B | $217.9M |
| Total Assets | $35.7B | $412.7M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $65.6M | ||
| Q3 25 | — | $36.5M | ||
| Q2 25 | — | $18.8M | ||
| Q1 25 | — | $14.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $37.2M | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $0 | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $34.3M | ||
| Q2 24 | — | — |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $217.9M | ||
| Q3 25 | $3.8B | $195.5M | ||
| Q2 25 | $3.6B | $179.7M | ||
| Q1 25 | $3.5B | $163.2M | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $3.4B | $133.9M | ||
| Q2 24 | $3.1B | — |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $412.7M | ||
| Q3 25 | $32.3B | $390.0M | ||
| Q2 25 | $32.3B | $356.3M | ||
| Q1 25 | $32.4B | $334.0M | ||
| Q4 24 | $32.0B | — | ||
| Q3 24 | $31.5B | $348.0M | ||
| Q2 24 | $30.6B | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.26× | ||
| 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 | — | $34.6M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $34.6M | ||
| Q3 25 | $129.0M | $28.2M | ||
| Q2 25 | $111.2M | $19.9M | ||
| Q1 25 | $138.6M | $17.6M | ||
| Q4 24 | $577.9M | — | ||
| Q3 24 | $431.7M | — | ||
| Q2 24 | $147.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | — | ||
| Q3 25 | $113.3M | $24.2M | ||
| Q2 25 | $100.5M | — | ||
| Q1 25 | $126.0M | — | ||
| Q4 24 | $531.7M | — | ||
| Q3 24 | $419.1M | — | ||
| Q2 24 | $138.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | — | ||
| Q3 25 | 25.7% | 6.4% | ||
| Q2 25 | 22.5% | — | ||
| Q1 25 | 29.4% | — | ||
| Q4 24 | 126.0% | — | ||
| Q3 24 | 99.5% | — | ||
| Q2 24 | 33.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | — | ||
| Q3 25 | 3.6% | 1.1% | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | 2.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 1.65× | ||
| Q3 25 | 0.91× | 2.87× | ||
| Q2 25 | 0.73× | 2.21× | ||
| Q1 25 | 1.05× | 1.86× | ||
| Q4 24 | 4.25× | — | ||
| Q3 24 | 3.13× | — | ||
| Q2 24 | 1.06× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
