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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and Nomad Foods Ltd (NOMD). Click either name above to swap in a different company.

Nomad Foods Ltd is the larger business by last-quarter revenue ($834.9M vs $475.7M, roughly 1.8× COMMERCE BANCSHARES INC). On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs -2.6%).

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.

Nomad Foods is the largest frozen food company in Europe, whose popular brands include Birds Eye, Ledo, Iglo, Findus, and Frikom. The company manufactures, sells and distributes a range of frozen food products across 22 European markets, with its headquarters in the United Kingdom. The most popular products in Nomad Foods’ portfolio include fish fingers, creamed spinach, peas and chicken. Nomad Foods is listed on the New York Stock Exchange trading under the ticker “NOMD”.

CBSH vs NOMD — Head-to-Head

Bigger by revenue
NOMD
NOMD
1.8× larger
NOMD
$834.9M
$475.7M
CBSH
Growing faster (revenue YoY)
CBSH
CBSH
+13.7% gap
CBSH
11.1%
-2.6%
NOMD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBSH
CBSH
NOMD
NOMD
Revenue
$475.7M
$834.9M
Net Profit
$141.6M
Gross Margin
25.6%
Operating Margin
9.1%
Net Margin
29.8%
Revenue YoY
11.1%
-2.6%
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.

Revenue
CBSH
CBSH
NOMD
NOMD
Q1 26
$475.7M
Q4 25
$449.4M
$834.9M
Q3 25
$441.0M
Q2 25
$445.8M
Q1 25
$428.1M
Q4 24
$422.1M
$856.9M
Q3 24
$421.4M
Q2 24
$414.5M
Net Profit
CBSH
CBSH
NOMD
NOMD
Q1 26
$141.6M
Q4 25
$140.7M
Q3 25
$141.5M
Q2 25
$152.5M
Q1 25
$131.6M
Q4 24
$136.1M
$55.5M
Q3 24
$138.0M
Q2 24
$139.6M
Gross Margin
CBSH
CBSH
NOMD
NOMD
Q1 26
Q4 25
25.6%
Q3 25
Q2 25
Q1 25
Q4 24
28.5%
Q3 24
Q2 24
Operating Margin
CBSH
CBSH
NOMD
NOMD
Q1 26
Q4 25
40.8%
9.1%
Q3 25
41.9%
Q2 25
44.0%
Q1 25
39.2%
Q4 24
41.2%
11.5%
Q3 24
42.4%
Q2 24
43.4%
Net Margin
CBSH
CBSH
NOMD
NOMD
Q1 26
29.8%
Q4 25
31.3%
Q3 25
32.1%
Q2 25
34.2%
Q1 25
30.7%
Q4 24
32.2%
6.5%
Q3 24
32.8%
Q2 24
33.7%
EPS (diluted)
CBSH
CBSH
NOMD
NOMD
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
CBSH
CBSH
NOMD
NOMD
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$4.3B
$2.7B
Total Assets
$35.7B
$6.8B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Total Debt
CBSH
CBSH
NOMD
NOMD
Q1 26
Q4 25
$2.5B
Q3 25
Q2 25
Q1 25
Q4 24
$2.4B
Q3 24
Q2 24
Stockholders' Equity
CBSH
CBSH
NOMD
NOMD
Q1 26
$4.3B
Q4 25
$3.8B
$2.7B
Q3 25
$3.8B
Q2 25
$3.6B
Q1 25
$3.5B
Q4 24
$3.3B
$2.9B
Q3 24
$3.4B
Q2 24
$3.1B
Total Assets
CBSH
CBSH
NOMD
NOMD
Q1 26
$35.7B
Q4 25
$32.9B
$6.8B
Q3 25
$32.3B
Q2 25
$32.3B
Q1 25
$32.4B
Q4 24
$32.0B
$6.9B
Q3 24
$31.5B
Q2 24
$30.6B
Debt / Equity
CBSH
CBSH
NOMD
NOMD
Q1 26
Q4 25
0.92×
Q3 25
Q2 25
Q1 25
Q4 24
0.82×
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
NOMD
NOMD
Operating Cash FlowLast quarter
$357.2M
Free Cash FlowOCF − Capex
$272.4M
FCF MarginFCF / Revenue
32.6%
Capex IntensityCapex / Revenue
10.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
NOMD
NOMD
Q1 26
Q4 25
$645.1M
$357.2M
Q3 25
$129.0M
Q2 25
$111.2M
Q1 25
$138.6M
Q4 24
$577.9M
$470.2M
Q3 24
$431.7M
Q2 24
$147.4M
Free Cash Flow
CBSH
CBSH
NOMD
NOMD
Q1 26
Q4 25
$592.4M
$272.4M
Q3 25
$113.3M
Q2 25
$100.5M
Q1 25
$126.0M
Q4 24
$531.7M
$383.5M
Q3 24
$419.1M
Q2 24
$138.9M
FCF Margin
CBSH
CBSH
NOMD
NOMD
Q1 26
Q4 25
131.8%
32.6%
Q3 25
25.7%
Q2 25
22.5%
Q1 25
29.4%
Q4 24
126.0%
44.8%
Q3 24
99.5%
Q2 24
33.5%
Capex Intensity
CBSH
CBSH
NOMD
NOMD
Q1 26
Q4 25
11.7%
10.2%
Q3 25
3.6%
Q2 25
2.4%
Q1 25
2.9%
Q4 24
10.9%
10.1%
Q3 24
3.0%
Q2 24
2.1%
Cash Conversion
CBSH
CBSH
NOMD
NOMD
Q1 26
Q4 25
4.59×
Q3 25
0.91×
Q2 25
0.73×
Q1 25
1.05×
Q4 24
4.25×
8.47×
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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