vs

Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and QUINSTREET, INC (QNST). Click either name above to swap in a different company.

COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $287.8M, roughly 1.7× QUINSTREET, INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 17.4%, a 12.3% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs 1.9%). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% 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.

QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.

CBSH vs QNST — Head-to-Head

Bigger by revenue
CBSH
CBSH
1.7× larger
CBSH
$475.7M
$287.8M
QNST
Growing faster (revenue YoY)
CBSH
CBSH
+9.3% gap
CBSH
11.1%
1.9%
QNST
Higher net margin
CBSH
CBSH
12.3% more per $
CBSH
29.8%
17.4%
QNST
Faster 2-yr revenue CAGR
QNST
QNST
Annualised
QNST
53.2%
7.1%
CBSH

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
CBSH
CBSH
QNST
QNST
Revenue
$475.7M
$287.8M
Net Profit
$141.6M
$50.2M
Gross Margin
9.6%
Operating Margin
0.4%
Net Margin
29.8%
17.4%
Revenue YoY
11.1%
1.9%
Net Profit YoY
10.5%
3342.5%
EPS (diluted)
$0.96
$0.87

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
QNST
QNST
Q1 26
$475.7M
Q4 25
$449.4M
$287.8M
Q3 25
$441.0M
$285.9M
Q2 25
$445.8M
Q1 25
$428.1M
$269.8M
Q4 24
$422.1M
$282.6M
Q3 24
$421.4M
$279.2M
Q2 24
$414.5M
$198.3M
Net Profit
CBSH
CBSH
QNST
QNST
Q1 26
$141.6M
Q4 25
$140.7M
$50.2M
Q3 25
$141.5M
$4.5M
Q2 25
$152.5M
Q1 25
$131.6M
$4.4M
Q4 24
$136.1M
$-1.5M
Q3 24
$138.0M
$-1.4M
Q2 24
$139.6M
$-2.2M
Gross Margin
CBSH
CBSH
QNST
QNST
Q1 26
Q4 25
9.6%
Q3 25
9.4%
Q2 25
Q1 25
10.3%
Q4 24
9.5%
Q3 24
10.2%
Q2 24
8.8%
Operating Margin
CBSH
CBSH
QNST
QNST
Q1 26
Q4 25
40.8%
0.4%
Q3 25
41.9%
1.7%
Q2 25
44.0%
Q1 25
39.2%
1.8%
Q4 24
41.2%
-0.5%
Q3 24
42.4%
-0.4%
Q2 24
43.4%
-0.7%
Net Margin
CBSH
CBSH
QNST
QNST
Q1 26
29.8%
Q4 25
31.3%
17.4%
Q3 25
32.1%
1.6%
Q2 25
34.2%
Q1 25
30.7%
1.6%
Q4 24
32.2%
-0.5%
Q3 24
32.8%
-0.5%
Q2 24
33.7%
-1.1%
EPS (diluted)
CBSH
CBSH
QNST
QNST
Q1 26
$0.96
Q4 25
$0.86
$0.87
Q3 25
$1.06
$0.08
Q2 25
$1.14
Q1 25
$0.98
$0.08
Q4 24
$0.83
$-0.03
Q3 24
$1.01
$-0.02
Q2 24
$1.03
$-0.04

Balance Sheet & Financial Strength

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

Metric
CBSH
CBSH
QNST
QNST
Cash + ST InvestmentsLiquidity on hand
$107.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3B
$294.4M
Total Assets
$35.7B
$493.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBSH
CBSH
QNST
QNST
Q1 26
Q4 25
$107.0M
Q3 25
$101.3M
Q2 25
Q1 25
$81.8M
Q4 24
$57.8M
Q3 24
$25.0M
Q2 24
$50.5M
Stockholders' Equity
CBSH
CBSH
QNST
QNST
Q1 26
$4.3B
Q4 25
$3.8B
$294.4M
Q3 25
$3.8B
$246.7M
Q2 25
$3.6B
Q1 25
$3.5B
$235.5M
Q4 24
$3.3B
$224.3M
Q3 24
$3.4B
$219.8M
Q2 24
$3.1B
$216.8M
Total Assets
CBSH
CBSH
QNST
QNST
Q1 26
$35.7B
Q4 25
$32.9B
$493.0M
Q3 25
$32.3B
$442.6M
Q2 25
$32.3B
Q1 25
$32.4B
$417.2M
Q4 24
$32.0B
$409.6M
Q3 24
$31.5B
$401.2M
Q2 24
$30.6B
$368.5M

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
QNST
QNST
Operating Cash FlowLast quarter
$21.6M
Free Cash FlowOCF − Capex
$20.7M
FCF MarginFCF / Revenue
7.2%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
0.43×
TTM Free Cash FlowTrailing 4 quarters
$106.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
QNST
QNST
Q1 26
Q4 25
$645.1M
$21.6M
Q3 25
$129.0M
$19.6M
Q2 25
$111.2M
Q1 25
$138.6M
$30.1M
Q4 24
$577.9M
$38.7M
Q3 24
$431.7M
$-13.7M
Q2 24
$147.4M
$16.6M
Free Cash Flow
CBSH
CBSH
QNST
QNST
Q1 26
Q4 25
$592.4M
$20.7M
Q3 25
$113.3M
$18.4M
Q2 25
$100.5M
Q1 25
$126.0M
$29.5M
Q4 24
$531.7M
$38.2M
Q3 24
$419.1M
$-14.1M
Q2 24
$138.9M
$15.4M
FCF Margin
CBSH
CBSH
QNST
QNST
Q1 26
Q4 25
131.8%
7.2%
Q3 25
25.7%
6.4%
Q2 25
22.5%
Q1 25
29.4%
10.9%
Q4 24
126.0%
13.5%
Q3 24
99.5%
-5.1%
Q2 24
33.5%
7.8%
Capex Intensity
CBSH
CBSH
QNST
QNST
Q1 26
Q4 25
11.7%
0.3%
Q3 25
3.6%
0.4%
Q2 25
2.4%
Q1 25
2.9%
0.2%
Q4 24
10.9%
0.2%
Q3 24
3.0%
0.2%
Q2 24
2.1%
0.6%
Cash Conversion
CBSH
CBSH
QNST
QNST
Q1 26
Q4 25
4.59×
0.43×
Q3 25
0.91×
4.32×
Q2 25
0.73×
Q1 25
1.05×
6.82×
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.

Revenue Breakdown by Segment

CBSH
CBSH

Segment breakdown not available.

QNST
QNST

Financial Service$216.8M75%
Home Services And Other Revenue$71.0M25%

Related Comparisons