vs
Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and SCANSOURCE, INC. (SCSC). Click either name above to swap in a different company.
SCANSOURCE, INC. is the larger business by last-quarter revenue ($766.5M vs $475.7M, roughly 1.6× COMMERCE BANCSHARES INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 2.2%, a 27.6% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs 2.5%). Over the past eight quarters, COMMERCE BANCSHARES INC's revenue compounded faster (7.1% CAGR vs 0.9%).
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.
ScanSource, Inc. is a leading global specialty technology distributor offering a broad portfolio of solutions including point-of-sale systems, barcode scanning tools, cybersecurity products, cloud services and communication solutions. It primarily serves value-added resellers, managed service providers and enterprise clients across North America, Latin America and Europe, covering retail, healthcare, industrial and public sector core segments.
CBSH vs SCSC — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | ||
|---|---|---|
| Revenue | $475.7M | $766.5M |
| Net Profit | $141.6M | $16.5M |
| Gross Margin | — | 13.4% |
| Operating Margin | — | 2.3% |
| Net Margin | 29.8% | 2.2% |
| Revenue YoY | 11.1% | 2.5% |
| Net Profit YoY | 0.7% | -3.3% |
| EPS (diluted) | $0.96 | $0.75 |
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 | $766.5M | ||
| Q3 25 | $441.0M | $739.6M | ||
| Q2 25 | $445.8M | $812.9M | ||
| Q1 25 | $428.1M | $704.8M | ||
| Q4 24 | $422.1M | $747.5M | ||
| Q3 24 | $421.4M | $775.6M | ||
| Q2 24 | $414.5M | $746.1M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $16.5M | ||
| Q3 25 | $141.5M | $19.9M | ||
| Q2 25 | $152.5M | $20.1M | ||
| Q1 25 | $131.6M | $17.4M | ||
| Q4 24 | $136.1M | $17.1M | ||
| Q3 24 | $138.0M | $17.0M | ||
| Q2 24 | $139.6M | $16.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 13.0% |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 2.3% | ||
| Q3 25 | 41.9% | 3.5% | ||
| Q2 25 | 44.0% | 3.3% | ||
| Q1 25 | 39.2% | 3.2% | ||
| Q4 24 | 41.2% | 2.5% | ||
| Q3 24 | 42.4% | 2.3% | ||
| Q2 24 | 43.4% | 2.9% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 2.2% | ||
| Q3 25 | 32.1% | 2.7% | ||
| Q2 25 | 34.2% | 2.5% | ||
| Q1 25 | 30.7% | 2.5% | ||
| Q4 24 | 32.2% | 2.3% | ||
| Q3 24 | 32.8% | 2.2% | ||
| Q2 24 | 33.7% | 2.2% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $0.75 | ||
| Q3 25 | $1.06 | $0.89 | ||
| Q2 25 | $1.14 | $0.87 | ||
| Q1 25 | $0.98 | $0.74 | ||
| Q4 24 | $0.83 | $0.70 | ||
| Q3 24 | $1.01 | $0.69 | ||
| Q2 24 | $1.03 | $0.66 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $83.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.3B | $910.9M |
| Total Assets | $35.7B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $83.5M | ||
| Q3 25 | — | $124.9M | ||
| Q2 25 | — | $126.2M | ||
| Q1 25 | — | $146.3M | ||
| Q4 24 | — | $110.5M | ||
| Q3 24 | — | $145.0M | ||
| Q2 24 | — | $185.5M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $910.9M | ||
| Q3 25 | $3.8B | $914.0M | ||
| Q2 25 | $3.6B | $906.4M | ||
| Q1 25 | $3.5B | $901.7M | ||
| Q4 24 | $3.3B | $900.7M | ||
| Q3 24 | $3.4B | $920.9M | ||
| Q2 24 | $3.1B | $924.3M |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $1.7B | ||
| Q3 25 | $32.3B | $1.7B | ||
| Q2 25 | $32.3B | $1.8B | ||
| Q1 25 | $32.4B | $1.7B | ||
| Q4 24 | $32.0B | $1.7B | ||
| Q3 24 | $31.5B | $1.8B | ||
| Q2 24 | $30.6B | $1.8B |
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 | — | $30.8M |
| Free Cash FlowOCF − Capex | — | $28.9M |
| FCF MarginFCF / Revenue | — | 3.8% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $30.8M | ||
| Q3 25 | $129.0M | $23.2M | ||
| Q2 25 | $111.2M | — | ||
| Q1 25 | $138.6M | $66.1M | ||
| Q4 24 | $577.9M | $-6.2M | ||
| Q3 24 | $431.7M | $44.8M | ||
| Q2 24 | $147.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $28.9M | ||
| Q3 25 | $113.3M | $20.8M | ||
| Q2 25 | $100.5M | — | ||
| Q1 25 | $126.0M | $64.6M | ||
| Q4 24 | $531.7M | $-8.2M | ||
| Q3 24 | $419.1M | $42.5M | ||
| Q2 24 | $138.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 3.8% | ||
| Q3 25 | 25.7% | 2.8% | ||
| Q2 25 | 22.5% | — | ||
| Q1 25 | 29.4% | 9.2% | ||
| Q4 24 | 126.0% | -1.1% | ||
| Q3 24 | 99.5% | 5.5% | ||
| Q2 24 | 33.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 0.3% | ||
| Q3 25 | 3.6% | 0.3% | ||
| Q2 25 | 2.4% | 0.3% | ||
| Q1 25 | 2.9% | 0.2% | ||
| Q4 24 | 10.9% | 0.3% | ||
| Q3 24 | 3.0% | 0.3% | ||
| Q2 24 | 2.1% | 0.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 1.87× | ||
| Q3 25 | 0.91× | 1.17× | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 1.05× | 3.79× | ||
| Q4 24 | 4.25× | -0.36× | ||
| Q3 24 | 3.13× | 2.64× | ||
| 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.
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |