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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $260.4M, roughly 1.8× Smith Douglas Homes Corp.). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 1.4%, a 28.4% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs -9.4%). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% 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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
CBSH vs SDHC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $260.4M |
| Net Profit | $141.6M | $3.5M |
| Gross Margin | — | 19.9% |
| Operating Margin | — | 6.5% |
| Net Margin | 29.8% | 1.4% |
| Revenue YoY | 11.1% | -9.4% |
| Net Profit YoY | 10.5% | -14.3% |
| EPS (diluted) | $0.96 | $0.39 |
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.
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $260.4M | ||
| Q3 25 | $441.0M | $262.0M | ||
| Q2 25 | $445.8M | $223.9M | ||
| Q1 25 | $428.1M | $224.7M | ||
| Q4 24 | $422.1M | $287.5M | ||
| Q3 24 | $421.4M | $277.8M | ||
| Q2 24 | $414.5M | $220.9M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $3.5M | ||
| Q3 25 | $141.5M | $2.1M | ||
| Q2 25 | $152.5M | $2.4M | ||
| Q1 25 | $131.6M | $2.7M | ||
| Q4 24 | $136.1M | $4.1M | ||
| Q3 24 | $138.0M | $5.3M | ||
| Q2 24 | $139.6M | $3.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.9% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 23.8% | ||
| Q4 24 | — | 25.5% | ||
| Q3 24 | — | 26.5% | ||
| Q2 24 | — | 26.7% |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 6.5% | ||
| Q3 25 | 41.9% | 6.6% | ||
| Q2 25 | 44.0% | 7.7% | ||
| Q1 25 | 39.2% | 8.7% | ||
| Q4 24 | 41.2% | 10.4% | ||
| Q3 24 | 42.4% | 14.2% | ||
| Q2 24 | 43.4% | 11.7% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 1.4% | ||
| Q3 25 | 32.1% | 0.8% | ||
| Q2 25 | 34.2% | 1.1% | ||
| Q1 25 | 30.7% | 1.2% | ||
| Q4 24 | 32.2% | 1.4% | ||
| Q3 24 | 32.8% | 1.9% | ||
| Q2 24 | 33.7% | 1.7% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $0.39 | ||
| Q3 25 | $1.06 | $0.24 | ||
| Q2 25 | $1.14 | $0.26 | ||
| Q1 25 | $0.98 | $0.30 | ||
| Q4 24 | $0.83 | $0.50 | ||
| Q3 24 | $1.01 | $0.58 | ||
| Q2 24 | $1.03 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $12.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.3B | $86.7M |
| Total Assets | $35.7B | $557.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $12.7M | ||
| Q3 25 | — | $14.8M | ||
| Q2 25 | — | $16.8M | ||
| Q1 25 | — | $12.7M | ||
| Q4 24 | — | $22.4M | ||
| Q3 24 | — | $23.7M | ||
| Q2 24 | — | $17.3M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $86.7M | ||
| Q3 25 | $3.8B | $82.2M | ||
| Q2 25 | $3.6B | $80.0M | ||
| Q1 25 | $3.5B | $76.9M | ||
| Q4 24 | $3.3B | $73.6M | ||
| Q3 24 | $3.4B | $68.4M | ||
| Q2 24 | $3.1B | $62.1M |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $557.6M | ||
| Q3 25 | $32.3B | $571.6M | ||
| Q2 25 | $32.3B | $570.2M | ||
| Q1 25 | $32.4B | $513.9M | ||
| Q4 24 | $32.0B | $475.9M | ||
| Q3 24 | $31.5B | $460.1M | ||
| Q2 24 | $30.6B | $429.3M |
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 | — | $9.8M |
| Free Cash FlowOCF − Capex | — | $8.7M |
| FCF MarginFCF / Revenue | — | 3.4% |
| Capex IntensityCapex / Revenue | — | 0.4% |
| Cash ConversionOCF / Net Profit | — | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $9.8M | ||
| Q3 25 | $129.0M | $22.8M | ||
| Q2 25 | $111.2M | $-28.9M | ||
| Q1 25 | $138.6M | $-34.9M | ||
| Q4 24 | $577.9M | $5.5M | ||
| Q3 24 | $431.7M | $22.9M | ||
| Q2 24 | $147.4M | $39.0K |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $8.7M | ||
| Q3 25 | $113.3M | $21.4M | ||
| Q2 25 | $100.5M | $-31.1M | ||
| Q1 25 | $126.0M | $-35.9M | ||
| Q4 24 | $531.7M | $4.8M | ||
| Q3 24 | $419.1M | $22.3M | ||
| Q2 24 | $138.9M | $-2.1M |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 3.4% | ||
| Q3 25 | 25.7% | 8.2% | ||
| Q2 25 | 22.5% | -13.9% | ||
| Q1 25 | 29.4% | -16.0% | ||
| Q4 24 | 126.0% | 1.7% | ||
| Q3 24 | 99.5% | 8.0% | ||
| Q2 24 | 33.5% | -1.0% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 0.4% | ||
| Q3 25 | 3.6% | 0.5% | ||
| Q2 25 | 2.4% | 0.9% | ||
| Q1 25 | 2.9% | 0.5% | ||
| Q4 24 | 10.9% | 0.2% | ||
| Q3 24 | 3.0% | 0.2% | ||
| Q2 24 | 2.1% | 1.0% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 2.77× | ||
| Q3 25 | 0.91× | 10.70× | ||
| Q2 25 | 0.73× | -12.24× | ||
| Q1 25 | 1.05× | -13.01× | ||
| Q4 24 | 4.25× | 1.33× | ||
| Q3 24 | 3.13× | 4.28× | ||
| Q2 24 | 1.06× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBSH
Segment breakdown not available.
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
