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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and SANFILIPPO JOHN B & SON INC (JBSS). Click either name above to swap in a different company.
COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $314.8M, roughly 1.5× SANFILIPPO JOHN B & SON INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 5.7%, a 24.1% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs 4.6%). Over the past eight quarters, SANFILIPPO JOHN B & SON INC's revenue compounded faster (7.6% 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.
John B. Sanfilippo & Son Inc. (JBSS) is a leading US processor, marketer and distributor of high-quality tree nuts, peanuts, dried fruits, and value-added snack products. It serves retail, foodservice, and industrial ingredient customers primarily across North America, offering both branded and private label product lines.
CBSH vs JBSS — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $314.8M |
| Net Profit | $141.6M | $18.0M |
| Gross Margin | — | 18.8% |
| Operating Margin | — | 8.3% |
| Net Margin | 29.8% | 5.7% |
| Revenue YoY | 11.1% | 4.6% |
| Net Profit YoY | 10.5% | 32.1% |
| EPS (diluted) | $0.96 | $1.53 |
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 | $314.8M | ||
| Q3 25 | $441.0M | $298.7M | ||
| Q2 25 | $445.8M | $269.1M | ||
| Q1 25 | $428.1M | $260.9M | ||
| Q4 24 | $422.1M | $301.1M | ||
| Q3 24 | $421.4M | $276.2M | ||
| Q2 24 | $414.5M | $269.6M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $18.0M | ||
| Q3 25 | $141.5M | $18.7M | ||
| Q2 25 | $152.5M | $13.5M | ||
| Q1 25 | $131.6M | $20.2M | ||
| Q4 24 | $136.1M | $13.6M | ||
| Q3 24 | $138.0M | $11.7M | ||
| Q2 24 | $139.6M | $10.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 18.8% | ||
| Q3 25 | — | 18.1% | ||
| Q2 25 | — | 18.1% | ||
| Q1 25 | — | 21.4% | ||
| Q4 24 | — | 17.4% | ||
| Q3 24 | — | 16.9% | ||
| Q2 24 | — | 18.5% |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 8.3% | ||
| Q3 25 | 41.9% | 9.0% | ||
| Q2 25 | 44.0% | 7.5% | ||
| Q1 25 | 39.2% | 10.8% | ||
| Q4 24 | 41.2% | 6.4% | ||
| Q3 24 | 42.4% | 6.2% | ||
| Q2 24 | 43.4% | 5.4% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 5.7% | ||
| Q3 25 | 32.1% | 6.3% | ||
| Q2 25 | 34.2% | 5.0% | ||
| Q1 25 | 30.7% | 7.7% | ||
| Q4 24 | 32.2% | 4.5% | ||
| Q3 24 | 32.8% | 4.2% | ||
| Q2 24 | 33.7% | 3.7% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $1.53 | ||
| Q3 25 | $1.06 | $1.59 | ||
| Q2 25 | $1.14 | $1.15 | ||
| Q1 25 | $0.98 | $1.72 | ||
| Q4 24 | $0.83 | $1.16 | ||
| Q3 24 | $1.01 | $1.00 | ||
| Q2 24 | $1.03 | $0.85 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $2.4M |
| Total DebtLower is stronger | — | $28.8M |
| Stockholders' EquityBook value | $4.3B | $370.1M |
| Total Assets | $35.7B | $617.7M |
| Debt / EquityLower = less leverage | — | 0.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $2.4M | ||
| Q3 25 | — | $714.0K | ||
| Q2 25 | — | $585.0K | ||
| Q1 25 | — | $1.3M | ||
| Q4 24 | — | $336.0K | ||
| Q3 24 | — | $442.0K | ||
| Q2 24 | — | $484.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | $28.8M | ||
| Q3 25 | — | $29.8M | ||
| Q2 25 | — | $14.6M | ||
| Q1 25 | — | $5.8M | ||
| Q4 24 | — | $6.0M | ||
| Q3 24 | — | $6.2M | ||
| Q2 24 | — | $6.4M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $370.1M | ||
| Q3 25 | $3.8B | $362.8M | ||
| Q2 25 | $3.6B | $360.7M | ||
| Q1 25 | $3.5B | $346.6M | ||
| Q4 24 | $3.3B | $325.6M | ||
| Q3 24 | $3.4B | $310.8M | ||
| Q2 24 | $3.1B | $322.6M |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $617.7M | ||
| Q3 25 | $32.3B | $598.7M | ||
| Q2 25 | $32.3B | $597.6M | ||
| Q1 25 | $32.4B | $590.0M | ||
| Q4 24 | $32.0B | $545.3M | ||
| Q3 24 | $31.5B | $519.4M | ||
| Q2 24 | $30.6B | $515.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.08× | ||
| Q3 25 | — | 0.08× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.02× |
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 | — | $62.5M |
| Free Cash FlowOCF − Capex | — | $40.0M |
| FCF MarginFCF / Revenue | — | 12.7% |
| Capex IntensityCapex / Revenue | — | 7.1% |
| Cash ConversionOCF / Net Profit | — | 3.48× |
| TTM Free Cash FlowTrailing 4 quarters | — | $32.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $62.5M | ||
| Q3 25 | $129.0M | $32.1M | ||
| Q2 25 | $111.2M | $36.5M | ||
| Q1 25 | $138.6M | $-25.9M | ||
| Q4 24 | $577.9M | $11.0M | ||
| Q3 24 | $431.7M | $8.9M | ||
| Q2 24 | $147.4M | $35.2M |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $40.0M | ||
| Q3 25 | $113.3M | $7.3M | ||
| Q2 25 | $100.5M | $23.0M | ||
| Q1 25 | $126.0M | $-37.6M | ||
| Q4 24 | $531.7M | $-2.7M | ||
| Q3 24 | $419.1M | $-3.0M | ||
| Q2 24 | $138.9M | $24.4M |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 12.7% | ||
| Q3 25 | 25.7% | 2.4% | ||
| Q2 25 | 22.5% | 8.6% | ||
| Q1 25 | 29.4% | -14.4% | ||
| Q4 24 | 126.0% | -0.9% | ||
| Q3 24 | 99.5% | -1.1% | ||
| Q2 24 | 33.5% | 9.0% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 7.1% | ||
| Q3 25 | 3.6% | 8.3% | ||
| Q2 25 | 2.4% | 5.0% | ||
| Q1 25 | 2.9% | 4.5% | ||
| Q4 24 | 10.9% | 4.5% | ||
| Q3 24 | 3.0% | 4.3% | ||
| Q2 24 | 2.1% | 4.0% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 3.48× | ||
| Q3 25 | 0.91× | 1.72× | ||
| Q2 25 | 0.73× | 2.70× | ||
| Q1 25 | 1.05× | -1.29× | ||
| Q4 24 | 4.25× | 0.81× | ||
| Q3 24 | 3.13× | 0.77× | ||
| Q2 24 | 1.06× | 3.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBSH
Segment breakdown not available.
JBSS
| Sales Channel Directly To Consumer | $263.2M | 84% |
| Sales Channel Commercial Ingredients | $28.0M | 9% |
| Sales Channel Contract Packaging | $23.6M | 8% |
