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

COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $245.3M, roughly 1.9× Tecnoglass Inc.). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 10.6%, a 19.1% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs 2.4%). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% 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.

Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.

CBSH vs TGLS — Head-to-Head

Bigger by revenue
CBSH
CBSH
1.9× larger
CBSH
$475.7M
$245.3M
TGLS
Growing faster (revenue YoY)
CBSH
CBSH
+8.7% gap
CBSH
11.1%
2.4%
TGLS
Higher net margin
CBSH
CBSH
19.1% more per $
CBSH
29.8%
10.6%
TGLS
Faster 2-yr revenue CAGR
TGLS
TGLS
Annualised
TGLS
12.8%
7.1%
CBSH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBSH
CBSH
TGLS
TGLS
Revenue
$475.7M
$245.3M
Net Profit
$141.6M
$26.1M
Gross Margin
40.0%
Operating Margin
18.3%
Net Margin
29.8%
10.6%
Revenue YoY
11.1%
2.4%
Net Profit YoY
10.5%
-44.5%
EPS (diluted)
$0.96
$0.57

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
TGLS
TGLS
Q1 26
$475.7M
Q4 25
$449.4M
$245.3M
Q3 25
$441.0M
$260.5M
Q2 25
$445.8M
$255.5M
Q1 25
$428.1M
$222.3M
Q4 24
$422.1M
$239.6M
Q3 24
$421.4M
$238.3M
Q2 24
$414.5M
$219.7M
Net Profit
CBSH
CBSH
TGLS
TGLS
Q1 26
$141.6M
Q4 25
$140.7M
$26.1M
Q3 25
$141.5M
$47.2M
Q2 25
$152.5M
$44.1M
Q1 25
$131.6M
$42.2M
Q4 24
$136.1M
$47.0M
Q3 24
$138.0M
$49.5M
Q2 24
$139.6M
$35.0M
Gross Margin
CBSH
CBSH
TGLS
TGLS
Q1 26
Q4 25
40.0%
Q3 25
42.7%
Q2 25
44.7%
Q1 25
43.9%
Q4 24
44.5%
Q3 24
45.8%
Q2 24
40.8%
Operating Margin
CBSH
CBSH
TGLS
TGLS
Q1 26
Q4 25
40.8%
18.3%
Q3 25
41.9%
25.1%
Q2 25
44.0%
24.0%
Q1 25
39.2%
26.7%
Q4 24
41.2%
28.0%
Q3 24
42.4%
28.4%
Q2 24
43.4%
23.3%
Net Margin
CBSH
CBSH
TGLS
TGLS
Q1 26
29.8%
Q4 25
31.3%
10.6%
Q3 25
32.1%
18.1%
Q2 25
34.2%
17.3%
Q1 25
30.7%
19.0%
Q4 24
32.2%
19.6%
Q3 24
32.8%
20.8%
Q2 24
33.7%
15.9%
EPS (diluted)
CBSH
CBSH
TGLS
TGLS
Q1 26
$0.96
Q4 25
$0.86
$0.57
Q3 25
$1.06
$1.01
Q2 25
$1.14
$0.94
Q1 25
$0.98
$0.90
Q4 24
$0.83
$1.00
Q3 24
$1.01
$1.05
Q2 24
$1.03
$0.75

Balance Sheet & Financial Strength

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

Metric
CBSH
CBSH
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$104.1M
Total DebtLower is stronger
$174.4M
Stockholders' EquityBook value
$4.3B
$713.1M
Total Assets
$35.7B
$1.3B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBSH
CBSH
TGLS
TGLS
Q1 26
Q4 25
$104.1M
Q3 25
$127.1M
Q2 25
$140.9M
Q1 25
$160.2M
Q4 24
$137.5M
Q3 24
$124.8M
Q2 24
$129.5M
Total Debt
CBSH
CBSH
TGLS
TGLS
Q1 26
Q4 25
$174.4M
Q3 25
$114.7M
Q2 25
$110.6M
Q1 25
$110.6M
Q4 24
$111.1M
Q3 24
$126.8M
Q2 24
$144.7M
Stockholders' Equity
CBSH
CBSH
TGLS
TGLS
Q1 26
$4.3B
Q4 25
$3.8B
$713.1M
Q3 25
$3.8B
$764.0M
Q2 25
$3.6B
$736.0M
Q1 25
$3.5B
$685.1M
Q4 24
$3.3B
$631.2M
Q3 24
$3.4B
$613.3M
Q2 24
$3.1B
$574.8M
Total Assets
CBSH
CBSH
TGLS
TGLS
Q1 26
$35.7B
Q4 25
$32.9B
$1.3B
Q3 25
$32.3B
$1.2B
Q2 25
$32.3B
$1.2B
Q1 25
$32.4B
$1.1B
Q4 24
$32.0B
$1.0B
Q3 24
$31.5B
$996.3M
Q2 24
$30.6B
$942.5M
Debt / Equity
CBSH
CBSH
TGLS
TGLS
Q1 26
Q4 25
0.24×
Q3 25
0.15×
Q2 25
0.15×
Q1 25
0.16×
Q4 24
0.18×
Q3 24
0.21×
Q2 24
0.25×

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
TGLS
TGLS
Operating Cash FlowLast quarter
$31.0M
Free Cash FlowOCF − Capex
$11.4M
FCF MarginFCF / Revenue
4.7%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
TGLS
TGLS
Q1 26
Q4 25
$645.1M
$31.0M
Q3 25
$129.0M
$40.0M
Q2 25
$111.2M
$17.9M
Q1 25
$138.6M
$46.9M
Q4 24
$577.9M
$61.1M
Q3 24
$431.7M
$41.5M
Q2 24
$147.4M
$34.5M
Free Cash Flow
CBSH
CBSH
TGLS
TGLS
Q1 26
Q4 25
$592.4M
$11.4M
Q3 25
$113.3M
$21.2M
Q2 25
$100.5M
$-14.7M
Q1 25
$126.0M
$16.5M
Q4 24
$531.7M
$35.4M
Q3 24
$419.1M
$17.8M
Q2 24
$138.9M
$14.2M
FCF Margin
CBSH
CBSH
TGLS
TGLS
Q1 26
Q4 25
131.8%
4.7%
Q3 25
25.7%
8.2%
Q2 25
22.5%
-5.7%
Q1 25
29.4%
7.4%
Q4 24
126.0%
14.8%
Q3 24
99.5%
7.5%
Q2 24
33.5%
6.5%
Capex Intensity
CBSH
CBSH
TGLS
TGLS
Q1 26
Q4 25
11.7%
8.0%
Q3 25
3.6%
7.2%
Q2 25
2.4%
12.7%
Q1 25
2.9%
13.7%
Q4 24
10.9%
10.7%
Q3 24
3.0%
9.9%
Q2 24
2.1%
9.2%
Cash Conversion
CBSH
CBSH
TGLS
TGLS
Q1 26
Q4 25
4.59×
1.19×
Q3 25
0.91×
0.85×
Q2 25
0.73×
0.41×
Q1 25
1.05×
1.11×
Q4 24
4.25×
1.30×
Q3 24
3.13×
0.84×
Q2 24
1.06×
0.98×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CBSH
CBSH

Segment breakdown not available.

TGLS
TGLS

Product Sales$164.2M67%
Fixed Price Contracts$81.1M33%
Related Party$692.0K0%

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