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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and RH (RH). Click either name above to swap in a different company.
RH is the larger business by last-quarter revenue ($883.8M vs $475.7M, roughly 1.9× COMMERCE BANCSHARES INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 4.1%, a 25.7% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs 8.9%). Over the past eight quarters, RH's revenue compounded faster (9.4% 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.
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
CBSH vs RH — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $883.8M |
| Net Profit | $141.6M | $36.3M |
| Gross Margin | — | 44.1% |
| Operating Margin | — | 12.0% |
| Net Margin | 29.8% | 4.1% |
| Revenue YoY | 11.1% | 8.9% |
| Net Profit YoY | 0.7% | 9.3% |
| EPS (diluted) | $0.96 | $1.83 |
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 | $883.8M | ||
| Q3 25 | $441.0M | $899.2M | ||
| Q2 25 | $445.8M | $814.0M | ||
| Q1 25 | $428.1M | $812.4M | ||
| Q4 24 | $422.1M | $811.7M | ||
| Q3 24 | $421.4M | $829.7M | ||
| Q2 24 | $414.5M | $727.0M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $36.3M | ||
| Q3 25 | $141.5M | $51.7M | ||
| Q2 25 | $152.5M | $8.0M | ||
| Q1 25 | $131.6M | $13.9M | ||
| Q4 24 | $136.1M | $33.2M | ||
| Q3 24 | $138.0M | $29.0M | ||
| Q2 24 | $139.6M | $-3.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 44.1% | ||
| Q3 25 | — | 45.5% | ||
| Q2 25 | — | 43.7% | ||
| Q1 25 | — | 44.7% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.5% |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 12.0% | ||
| Q3 25 | 41.9% | 14.3% | ||
| Q2 25 | 44.0% | 6.9% | ||
| Q1 25 | 39.2% | 8.7% | ||
| Q4 24 | 41.2% | 12.5% | ||
| Q3 24 | 42.4% | 11.6% | ||
| Q2 24 | 43.4% | 7.5% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 4.1% | ||
| Q3 25 | 32.1% | 5.8% | ||
| Q2 25 | 34.2% | 1.0% | ||
| Q1 25 | 30.7% | 1.7% | ||
| Q4 24 | 32.2% | 4.1% | ||
| Q3 24 | 32.8% | 3.5% | ||
| Q2 24 | 33.7% | -0.5% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $1.83 | ||
| Q3 25 | $1.06 | $2.62 | ||
| Q2 25 | $1.14 | $0.40 | ||
| Q1 25 | $0.98 | $0.71 | ||
| Q4 24 | $0.83 | $1.66 | ||
| Q3 24 | $1.01 | $1.45 | ||
| Q2 24 | $1.03 | $-0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $43.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.3B | $3.3M |
| Total Assets | $35.7B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $43.1M | ||
| Q3 25 | — | $34.6M | ||
| Q2 25 | — | $46.1M | ||
| Q1 25 | — | $30.4M | ||
| Q4 24 | — | $87.0M | ||
| Q3 24 | — | $78.3M | ||
| Q2 24 | — | $101.8M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $3.3M | ||
| Q3 25 | $3.8B | $-40.9M | ||
| Q2 25 | $3.6B | $-110.8M | ||
| Q1 25 | $3.5B | $-163.6M | ||
| Q4 24 | $3.3B | $-183.0M | ||
| Q3 24 | $3.4B | $-234.7M | ||
| Q2 24 | $3.1B | $-289.9M |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $4.8B | ||
| Q3 25 | $32.3B | $4.7B | ||
| Q2 25 | $32.3B | $4.7B | ||
| Q1 25 | $32.4B | $4.6B | ||
| Q4 24 | $32.0B | $4.5B | ||
| Q3 24 | $31.5B | $4.4B | ||
| Q2 24 | $30.6B | $4.2B |
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 | — | $131.9M |
| Free Cash FlowOCF − Capex | — | $83.0M |
| FCF MarginFCF / Revenue | — | 9.4% |
| Capex IntensityCapex / Revenue | — | 5.5% |
| Cash ConversionOCF / Net Profit | — | 3.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $128.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $131.9M | ||
| Q3 25 | $129.0M | $137.7M | ||
| Q2 25 | $111.2M | $86.6M | ||
| Q1 25 | $138.6M | $-18.8M | ||
| Q4 24 | $577.9M | $-31.4M | ||
| Q3 24 | $431.7M | $11.2M | ||
| Q2 24 | $147.4M | $56.1M |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $83.0M | ||
| Q3 25 | $113.3M | $80.7M | ||
| Q2 25 | $100.5M | $34.1M | ||
| Q1 25 | $126.0M | $-69.7M | ||
| Q4 24 | $531.7M | $-96.0M | ||
| Q3 24 | $419.1M | $-37.9M | ||
| Q2 24 | $138.9M | $-10.1M |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 9.4% | ||
| Q3 25 | 25.7% | 9.0% | ||
| Q2 25 | 22.5% | 4.2% | ||
| Q1 25 | 29.4% | -8.6% | ||
| Q4 24 | 126.0% | -11.8% | ||
| Q3 24 | 99.5% | -4.6% | ||
| Q2 24 | 33.5% | -1.4% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 5.5% | ||
| Q3 25 | 3.6% | 6.3% | ||
| Q2 25 | 2.4% | 6.5% | ||
| Q1 25 | 2.9% | 6.3% | ||
| Q4 24 | 10.9% | 8.0% | ||
| Q3 24 | 3.0% | 5.9% | ||
| Q2 24 | 2.1% | 9.1% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 3.64× | ||
| Q3 25 | 0.91× | 2.66× | ||
| Q2 25 | 0.73× | 10.78× | ||
| Q1 25 | 1.05× | -1.35× | ||
| Q4 24 | 4.25× | -0.95× | ||
| Q3 24 | 3.13× | 0.39× | ||
| Q2 24 | 1.06× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBSH
Segment breakdown not available.
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
