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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.

COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $284.8M, roughly 1.7× MATTHEWS INTERNATIONAL CORP). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 15.3%, a 14.5% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs -29.1%).

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.

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

CBSH vs MATW — Head-to-Head

Bigger by revenue
CBSH
CBSH
1.7× larger
CBSH
$475.7M
$284.8M
MATW
Growing faster (revenue YoY)
CBSH
CBSH
+40.3% gap
CBSH
11.1%
-29.1%
MATW
Higher net margin
CBSH
CBSH
14.5% more per $
CBSH
29.8%
15.3%
MATW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CBSH
CBSH
MATW
MATW
Revenue
$475.7M
$284.8M
Net Profit
$141.6M
$43.6M
Gross Margin
35.0%
Operating Margin
34.2%
Net Margin
29.8%
15.3%
Revenue YoY
11.1%
-29.1%
Net Profit YoY
10.5%
1356.6%
EPS (diluted)
$0.96
$1.39

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
MATW
MATW
Q1 26
$475.7M
Q4 25
$449.4M
$284.8M
Q3 25
$441.0M
Q2 25
$445.8M
Q1 25
$428.1M
Q4 24
$422.1M
Q3 24
$421.4M
Q2 24
$414.5M
Net Profit
CBSH
CBSH
MATW
MATW
Q1 26
$141.6M
Q4 25
$140.7M
$43.6M
Q3 25
$141.5M
Q2 25
$152.5M
Q1 25
$131.6M
Q4 24
$136.1M
Q3 24
$138.0M
Q2 24
$139.6M
Gross Margin
CBSH
CBSH
MATW
MATW
Q1 26
Q4 25
35.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
CBSH
CBSH
MATW
MATW
Q1 26
Q4 25
40.8%
34.2%
Q3 25
41.9%
Q2 25
44.0%
Q1 25
39.2%
Q4 24
41.2%
Q3 24
42.4%
Q2 24
43.4%
Net Margin
CBSH
CBSH
MATW
MATW
Q1 26
29.8%
Q4 25
31.3%
15.3%
Q3 25
32.1%
Q2 25
34.2%
Q1 25
30.7%
Q4 24
32.2%
Q3 24
32.8%
Q2 24
33.7%
EPS (diluted)
CBSH
CBSH
MATW
MATW
Q1 26
$0.96
Q4 25
$0.86
$1.39
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
CBSH
CBSH
MATW
MATW
Cash + ST InvestmentsLiquidity on hand
$31.4M
Total DebtLower is stronger
$529.8M
Stockholders' EquityBook value
$4.3B
$543.2M
Total Assets
$35.7B
$1.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBSH
CBSH
MATW
MATW
Q1 26
Q4 25
$31.4M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
CBSH
CBSH
MATW
MATW
Q1 26
Q4 25
$529.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CBSH
CBSH
MATW
MATW
Q1 26
$4.3B
Q4 25
$3.8B
$543.2M
Q3 25
$3.8B
Q2 25
$3.6B
Q1 25
$3.5B
Q4 24
$3.3B
Q3 24
$3.4B
Q2 24
$3.1B
Total Assets
CBSH
CBSH
MATW
MATW
Q1 26
$35.7B
Q4 25
$32.9B
$1.6B
Q3 25
$32.3B
Q2 25
$32.3B
Q1 25
$32.4B
Q4 24
$32.0B
Q3 24
$31.5B
Q2 24
$30.6B
Debt / Equity
CBSH
CBSH
MATW
MATW
Q1 26
Q4 25
0.98×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
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
CBSH
CBSH
MATW
MATW
Operating Cash FlowLast quarter
$-52.0M
Free Cash FlowOCF − Capex
$-57.2M
FCF MarginFCF / Revenue
-20.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
-1.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
MATW
MATW
Q1 26
Q4 25
$645.1M
$-52.0M
Q3 25
$129.0M
Q2 25
$111.2M
Q1 25
$138.6M
Q4 24
$577.9M
Q3 24
$431.7M
Q2 24
$147.4M
Free Cash Flow
CBSH
CBSH
MATW
MATW
Q1 26
Q4 25
$592.4M
$-57.2M
Q3 25
$113.3M
Q2 25
$100.5M
Q1 25
$126.0M
Q4 24
$531.7M
Q3 24
$419.1M
Q2 24
$138.9M
FCF Margin
CBSH
CBSH
MATW
MATW
Q1 26
Q4 25
131.8%
-20.1%
Q3 25
25.7%
Q2 25
22.5%
Q1 25
29.4%
Q4 24
126.0%
Q3 24
99.5%
Q2 24
33.5%
Capex Intensity
CBSH
CBSH
MATW
MATW
Q1 26
Q4 25
11.7%
1.8%
Q3 25
3.6%
Q2 25
2.4%
Q1 25
2.9%
Q4 24
10.9%
Q3 24
3.0%
Q2 24
2.1%
Cash Conversion
CBSH
CBSH
MATW
MATW
Q1 26
Q4 25
4.59×
-1.19×
Q3 25
0.91×
Q2 25
0.73×
Q1 25
1.05×
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.

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