vs
Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and Magnera Corp (MAGN). Click either name above to swap in a different company.
Magnera Corp is the larger business by last-quarter revenue ($792.0M vs $475.7M, roughly 1.7× COMMERCE BANCSHARES INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs -4.3%, a 34.1% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs 11.1%). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% 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.
CBSH vs MAGN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $792.0M |
| Net Profit | $141.6M | $-34.0M |
| Gross Margin | — | 12.2% |
| Operating Margin | — | 1.8% |
| Net Margin | 29.8% | -4.3% |
| Revenue YoY | 11.1% | 12.8% |
| Net Profit YoY | 0.7% | 43.3% |
| EPS (diluted) | $0.96 | $-0.95 |
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 | $792.0M | ||
| Q3 25 | $441.0M | — | ||
| Q2 25 | $445.8M | $839.0M | ||
| Q1 25 | $428.1M | $824.0M | ||
| Q4 24 | $422.1M | $702.0M | ||
| Q3 24 | $421.4M | $332.1M | ||
| Q2 24 | $414.5M | $556.0M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $-34.0M | ||
| Q3 25 | $141.5M | — | ||
| Q2 25 | $152.5M | $-18.0M | ||
| Q1 25 | $131.6M | $-41.0M | ||
| Q4 24 | $136.1M | $-60.0M | ||
| Q3 24 | $138.0M | $-15.2M | ||
| Q2 24 | $139.6M | $19.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 10.7% | ||
| Q1 25 | — | 10.7% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | — | 10.7% | ||
| Q2 24 | — | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 1.8% | ||
| Q3 25 | 41.9% | — | ||
| Q2 25 | 44.0% | 1.5% | ||
| Q1 25 | 39.2% | 0.5% | ||
| Q4 24 | 41.2% | -3.1% | ||
| Q3 24 | 42.4% | 0.9% | ||
| Q2 24 | 43.4% | 3.1% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | -4.3% | ||
| Q3 25 | 32.1% | — | ||
| Q2 25 | 34.2% | -2.1% | ||
| Q1 25 | 30.7% | -5.0% | ||
| Q4 24 | 32.2% | -8.5% | ||
| Q3 24 | 32.8% | -4.6% | ||
| Q2 24 | 33.7% | 3.4% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $-0.95 | ||
| Q3 25 | $1.06 | — | ||
| Q2 25 | $1.14 | $-0.51 | ||
| Q1 25 | $0.98 | $-1.15 | ||
| Q4 24 | $0.83 | $-1.69 | ||
| Q3 24 | $1.01 | $-0.33 | ||
| Q2 24 | $1.03 | $0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $264.0M |
| Total DebtLower is stronger | — | $1.9B |
| Stockholders' EquityBook value | $4.3B | $1.0B |
| Total Assets | $35.7B | $3.9B |
| Debt / EquityLower = less leverage | — | 1.86× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $264.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $276.0M | ||
| Q1 25 | — | $282.0M | ||
| Q4 24 | — | $215.0M | ||
| Q3 24 | — | $230.0M | ||
| Q2 24 | — | $33.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $877.4M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $1.0B | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $3.6B | $1.1B | ||
| Q1 25 | $3.5B | $1.1B | ||
| Q4 24 | $3.3B | $1.1B | ||
| Q3 24 | $3.4B | $2.1B | ||
| Q2 24 | $3.1B | $2.4B |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $3.9B | ||
| Q3 25 | $32.3B | — | ||
| Q2 25 | $32.3B | $4.1B | ||
| Q1 25 | $32.4B | $4.1B | ||
| Q4 24 | $32.0B | $4.0B | ||
| Q3 24 | $31.5B | $2.8B | ||
| Q2 24 | $30.6B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.86× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.77× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | — | 1.80× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | 0.37× |
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 | — | $2.0M |
| Free Cash FlowOCF − Capex | — | $-13.0M |
| FCF MarginFCF / Revenue | — | -1.6% |
| Capex IntensityCapex / Revenue | — | 1.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $2.0M | ||
| Q3 25 | $129.0M | — | ||
| Q2 25 | $111.2M | $0 | ||
| Q1 25 | $138.6M | $65.0M | ||
| Q4 24 | $577.9M | $-58.0M | ||
| Q3 24 | $431.7M | $12.2M | ||
| Q2 24 | $147.4M | $38.0M |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $-13.0M | ||
| Q3 25 | $113.3M | — | ||
| Q2 25 | $100.5M | — | ||
| Q1 25 | $126.0M | $42.0M | ||
| Q4 24 | $531.7M | $-74.0M | ||
| Q3 24 | $419.1M | $3.6M | ||
| Q2 24 | $138.9M | $23.0M |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | -1.6% | ||
| Q3 25 | 25.7% | — | ||
| Q2 25 | 22.5% | — | ||
| Q1 25 | 29.4% | 5.1% | ||
| Q4 24 | 126.0% | -10.5% | ||
| Q3 24 | 99.5% | 1.1% | ||
| Q2 24 | 33.5% | 4.1% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 1.9% | ||
| Q3 25 | 3.6% | — | ||
| Q2 25 | 2.4% | 1.5% | ||
| Q1 25 | 2.9% | 2.8% | ||
| Q4 24 | 10.9% | 2.3% | ||
| Q3 24 | 3.0% | 2.6% | ||
| Q2 24 | 2.1% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | — | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | 4.25× | — | ||
| Q3 24 | 3.13× | — | ||
| Q2 24 | 1.06× | 2.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBSH
Segment breakdown not available.
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
