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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and Soho House & Co Inc. (SHCO). Click either name above to swap in a different company.
COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $370.8M, roughly 1.3× Soho House & Co Inc.). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs -5.0%, a 34.8% gap on every dollar of revenue. On growth, Soho House & Co Inc. posted the faster year-over-year revenue change (11.2% vs 11.1%). Over the past eight quarters, Soho House & Co Inc.'s revenue compounded faster (13.5% 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.
Soho House is an international private members’ club with a focus on the media, arts and fashion industries.
CBSH vs SHCO — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $370.8M |
| Net Profit | $141.6M | $-18.7M |
| Gross Margin | — | — |
| Operating Margin | — | -1.6% |
| Net Margin | 29.8% | -5.0% |
| Revenue YoY | 11.1% | 11.2% |
| Net Profit YoY | 10.5% | -10790.3% |
| EPS (diluted) | $0.96 | $-0.10 |
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 | — | ||
| Q3 25 | $441.0M | $370.8M | ||
| Q2 25 | $445.8M | $329.8M | ||
| Q1 25 | $428.1M | $282.9M | ||
| Q4 24 | $422.1M | $305.6M | ||
| Q3 24 | $421.4M | $333.4M | ||
| Q2 24 | $414.5M | $302.9M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | — | ||
| Q3 25 | $141.5M | $-18.7M | ||
| Q2 25 | $152.5M | $24.9M | ||
| Q1 25 | $131.6M | $8.2M | ||
| Q4 24 | $136.1M | $-91.7M | ||
| Q3 24 | $138.0M | $175.0K | ||
| Q2 24 | $139.6M | $-29.9M |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | — | ||
| Q3 25 | 41.9% | -1.6% | ||
| Q2 25 | 44.0% | 18.1% | ||
| Q1 25 | 39.2% | 12.3% | ||
| Q4 24 | 41.2% | -23.1% | ||
| Q3 24 | 42.4% | 11.4% | ||
| Q2 24 | 43.4% | -4.3% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | — | ||
| Q3 25 | 32.1% | -5.0% | ||
| Q2 25 | 34.2% | 7.5% | ||
| Q1 25 | 30.7% | 2.9% | ||
| Q4 24 | 32.2% | -30.0% | ||
| Q3 24 | 32.8% | 0.1% | ||
| Q2 24 | 33.7% | -9.9% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | — | ||
| Q3 25 | $1.06 | $-0.10 | ||
| Q2 25 | $1.14 | $0.13 | ||
| Q1 25 | $0.98 | $0.04 | ||
| Q4 24 | $0.83 | $-0.48 | ||
| Q3 24 | $1.01 | $0.00 | ||
| Q2 24 | $1.03 | $-0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $142.5M |
| Total DebtLower is stronger | — | $735.8M |
| Stockholders' EquityBook value | $4.3B | $-351.6M |
| Total Assets | $35.7B | $2.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $142.5M | ||
| Q2 25 | — | $150.3M | ||
| Q1 25 | — | $150.1M | ||
| Q4 24 | — | $152.7M | ||
| Q3 24 | — | $142.8M | ||
| Q2 24 | — | $148.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $735.8M | ||
| Q2 25 | — | $729.8M | ||
| Q1 25 | — | $705.1M | ||
| Q4 24 | — | $691.5M | ||
| Q3 24 | — | $694.8M | ||
| Q2 24 | — | $682.1M |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.8B | $-351.6M | ||
| Q2 25 | $3.6B | $-348.6M | ||
| Q1 25 | $3.5B | $-340.1M | ||
| Q4 24 | $3.3B | $-335.1M | ||
| Q3 24 | $3.4B | $-279.4M | ||
| Q2 24 | $3.1B | $-231.7M |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | — | ||
| Q3 25 | $32.3B | $2.7B | ||
| Q2 25 | $32.3B | $2.6B | ||
| Q1 25 | $32.4B | $2.5B | ||
| Q4 24 | $32.0B | $2.4B | ||
| Q3 24 | $31.5B | $2.6B | ||
| Q2 24 | $30.6B | $2.6B |
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 | — | $34.9M |
| Free Cash FlowOCF − Capex | — | $3.5M |
| FCF MarginFCF / Revenue | — | 0.9% |
| Capex IntensityCapex / Revenue | — | 8.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | — | ||
| Q3 25 | $129.0M | $34.9M | ||
| Q2 25 | $111.2M | $41.0M | ||
| Q1 25 | $138.6M | $22.8M | ||
| Q4 24 | $577.9M | $26.9M | ||
| Q3 24 | $431.7M | $20.6M | ||
| Q2 24 | $147.4M | $36.0M |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | — | ||
| Q3 25 | $113.3M | $3.5M | ||
| Q2 25 | $100.5M | $12.4M | ||
| Q1 25 | $126.0M | $7.5M | ||
| Q4 24 | $531.7M | $18.5M | ||
| Q3 24 | $419.1M | $10.3M | ||
| Q2 24 | $138.9M | $10.2M |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | — | ||
| Q3 25 | 25.7% | 0.9% | ||
| Q2 25 | 22.5% | 3.8% | ||
| Q1 25 | 29.4% | 2.7% | ||
| Q4 24 | 126.0% | 6.1% | ||
| Q3 24 | 99.5% | 3.1% | ||
| Q2 24 | 33.5% | 3.4% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | — | ||
| Q3 25 | 3.6% | 8.5% | ||
| Q2 25 | 2.4% | 8.7% | ||
| Q1 25 | 2.9% | 5.4% | ||
| Q4 24 | 10.9% | 2.7% | ||
| Q3 24 | 3.0% | 3.1% | ||
| Q2 24 | 2.1% | 8.5% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | — | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 0.73× | 1.65× | ||
| Q1 25 | 1.05× | 2.79× | ||
| Q4 24 | 4.25× | — | ||
| Q3 24 | 3.13× | 117.70× | ||
| 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.
SHCO
| Membership | $122.7M | 33% |
| Other | $122.0M | 33% |
| Membership Revenue | $58.5M | 16% |
| Other Revenue | $28.5M | 8% |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $24.8M | 7% |
| Elimination Of Equity Accounted Revenue | $13.4M | 4% |
| Related Party | $2.0M | 1% |
| Soho House | $1.0M | 0% |
