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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and Liberty Broadband Corp (LBRDA). Click either name above to swap in a different company.

COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $261.0M, roughly 1.8× Liberty Broadband Corp). Liberty Broadband Corp runs the higher net margin — 146.7% vs 29.8%, a 117.0% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs 6.1%). Over the past eight quarters, COMMERCE BANCSHARES INC's revenue compounded faster (7.1% CAGR vs 4.3%).

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.

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

CBSH vs LBRDA — Head-to-Head

Bigger by revenue
CBSH
CBSH
1.8× larger
CBSH
$475.7M
$261.0M
LBRDA
Growing faster (revenue YoY)
CBSH
CBSH
+5.0% gap
CBSH
11.1%
6.1%
LBRDA
Higher net margin
LBRDA
LBRDA
117.0% more per $
LBRDA
146.7%
29.8%
CBSH
Faster 2-yr revenue CAGR
CBSH
CBSH
Annualised
CBSH
7.1%
4.3%
LBRDA

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
CBSH
CBSH
LBRDA
LBRDA
Revenue
$475.7M
$261.0M
Net Profit
$141.6M
$383.0M
Gross Margin
Operating Margin
15.7%
Net Margin
29.8%
146.7%
Revenue YoY
11.1%
6.1%
Net Profit YoY
10.5%
96.4%
EPS (diluted)
$0.96
$2.68

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
LBRDA
LBRDA
Q1 26
$475.7M
Q4 25
$449.4M
Q3 25
$441.0M
Q2 25
$445.8M
$261.0M
Q1 25
$428.1M
$266.0M
Q4 24
$422.1M
$263.0M
Q3 24
$421.4M
$262.0M
Q2 24
$414.5M
$246.0M
Net Profit
CBSH
CBSH
LBRDA
LBRDA
Q1 26
$141.6M
Q4 25
$140.7M
Q3 25
$141.5M
Q2 25
$152.5M
$383.0M
Q1 25
$131.6M
$268.0M
Q4 24
$136.1M
$291.0M
Q3 24
$138.0M
$142.0M
Q2 24
$139.6M
$195.0M
Operating Margin
CBSH
CBSH
LBRDA
LBRDA
Q1 26
Q4 25
40.8%
Q3 25
41.9%
Q2 25
44.0%
15.7%
Q1 25
39.2%
16.2%
Q4 24
41.2%
4.9%
Q3 24
42.4%
11.5%
Q2 24
43.4%
8.5%
Net Margin
CBSH
CBSH
LBRDA
LBRDA
Q1 26
29.8%
Q4 25
31.3%
Q3 25
32.1%
Q2 25
34.2%
146.7%
Q1 25
30.7%
100.8%
Q4 24
32.2%
110.6%
Q3 24
32.8%
54.2%
Q2 24
33.7%
79.3%
EPS (diluted)
CBSH
CBSH
LBRDA
LBRDA
Q1 26
$0.96
Q4 25
$0.86
Q3 25
$1.06
Q2 25
$1.14
$2.68
Q1 25
$0.98
$1.87
Q4 24
$0.83
$2.04
Q3 24
$1.01
$0.99
Q2 24
$1.03
$1.36

Balance Sheet & Financial Strength

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

Metric
CBSH
CBSH
LBRDA
LBRDA
Cash + ST InvestmentsLiquidity on hand
$180.0M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$4.3B
$10.4B
Total Assets
$35.7B
$16.6B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBSH
CBSH
LBRDA
LBRDA
Q1 26
Q4 25
Q3 25
Q2 25
$180.0M
Q1 25
$226.0M
Q4 24
$163.0M
Q3 24
$168.0M
Q2 24
$73.0M
Total Debt
CBSH
CBSH
LBRDA
LBRDA
Q1 26
Q4 25
Q3 25
Q2 25
$3.1B
Q1 25
$3.8B
Q4 24
$3.8B
Q3 24
$3.7B
Q2 24
$3.6B
Stockholders' Equity
CBSH
CBSH
LBRDA
LBRDA
Q1 26
$4.3B
Q4 25
$3.8B
Q3 25
$3.8B
Q2 25
$3.6B
$10.4B
Q1 25
$3.5B
$10.1B
Q4 24
$3.3B
$9.8B
Q3 24
$3.4B
$9.5B
Q2 24
$3.1B
$9.3B
Total Assets
CBSH
CBSH
LBRDA
LBRDA
Q1 26
$35.7B
Q4 25
$32.9B
Q3 25
$32.3B
Q2 25
$32.3B
$16.6B
Q1 25
$32.4B
$17.0B
Q4 24
$32.0B
$16.7B
Q3 24
$31.5B
$16.3B
Q2 24
$30.6B
$16.0B
Debt / Equity
CBSH
CBSH
LBRDA
LBRDA
Q1 26
Q4 25
Q3 25
Q2 25
0.30×
Q1 25
0.38×
Q4 24
0.38×
Q3 24
0.39×
Q2 24
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CBSH
CBSH
LBRDA
LBRDA
Operating Cash FlowLast quarter
$91.0M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
14.2%
Capex IntensityCapex / Revenue
20.7%
Cash ConversionOCF / Net Profit
0.24×
TTM Free Cash FlowTrailing 4 quarters
$-49.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
LBRDA
LBRDA
Q1 26
Q4 25
$645.1M
Q3 25
$129.0M
Q2 25
$111.2M
$91.0M
Q1 25
$138.6M
$78.0M
Q4 24
$577.9M
$1.0M
Q3 24
$431.7M
$24.0M
Q2 24
$147.4M
$27.0M
Free Cash Flow
CBSH
CBSH
LBRDA
LBRDA
Q1 26
Q4 25
$592.4M
Q3 25
$113.3M
Q2 25
$100.5M
$37.0M
Q1 25
$126.0M
$13.0M
Q4 24
$531.7M
$-63.0M
Q3 24
$419.1M
$-36.0M
Q2 24
$138.9M
$-35.0M
FCF Margin
CBSH
CBSH
LBRDA
LBRDA
Q1 26
Q4 25
131.8%
Q3 25
25.7%
Q2 25
22.5%
14.2%
Q1 25
29.4%
4.9%
Q4 24
126.0%
-24.0%
Q3 24
99.5%
-13.7%
Q2 24
33.5%
-14.2%
Capex Intensity
CBSH
CBSH
LBRDA
LBRDA
Q1 26
Q4 25
11.7%
Q3 25
3.6%
Q2 25
2.4%
20.7%
Q1 25
2.9%
24.4%
Q4 24
10.9%
24.3%
Q3 24
3.0%
22.9%
Q2 24
2.1%
25.2%
Cash Conversion
CBSH
CBSH
LBRDA
LBRDA
Q1 26
Q4 25
4.59×
Q3 25
0.91×
Q2 25
0.73×
0.24×
Q1 25
1.05×
0.29×
Q4 24
4.25×
0.00×
Q3 24
3.13×
0.17×
Q2 24
1.06×
0.14×

Financial Flow Comparison

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

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