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

COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $291.6M, roughly 1.6× TENNANT CO). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs -1.5%, a 31.3% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs -11.3%). Over the past eight quarters, COMMERCE BANCSHARES INC's revenue compounded faster (7.1% CAGR vs -3.2%).

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.

The Tennant Company (TNC:NYQ) is a company with about 4000 employees that provides cleaning products. It is a company that is listed in the New York Stock Exchange.

CBSH vs TNC — Head-to-Head

Bigger by revenue
CBSH
CBSH
1.6× larger
CBSH
$475.7M
$291.6M
TNC
Growing faster (revenue YoY)
CBSH
CBSH
+22.5% gap
CBSH
11.1%
-11.3%
TNC
Higher net margin
CBSH
CBSH
31.3% more per $
CBSH
29.8%
-1.5%
TNC
Faster 2-yr revenue CAGR
CBSH
CBSH
Annualised
CBSH
7.1%
-3.2%
TNC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBSH
CBSH
TNC
TNC
Revenue
$475.7M
$291.6M
Net Profit
$141.6M
$-4.4M
Gross Margin
34.6%
Operating Margin
-1.4%
Net Margin
29.8%
-1.5%
Revenue YoY
11.1%
-11.3%
Net Profit YoY
10.5%
-166.7%
EPS (diluted)
$0.96
$-0.21

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
TNC
TNC
Q1 26
$475.7M
Q4 25
$449.4M
$291.6M
Q3 25
$441.0M
$303.3M
Q2 25
$445.8M
$318.6M
Q1 25
$428.1M
$290.0M
Q4 24
$422.1M
$328.9M
Q3 24
$421.4M
$315.8M
Q2 24
$414.5M
$331.0M
Net Profit
CBSH
CBSH
TNC
TNC
Q1 26
$141.6M
Q4 25
$140.7M
$-4.4M
Q3 25
$141.5M
$14.9M
Q2 25
$152.5M
$20.2M
Q1 25
$131.6M
$13.1M
Q4 24
$136.1M
$6.6M
Q3 24
$138.0M
$20.8M
Q2 24
$139.6M
$27.9M
Gross Margin
CBSH
CBSH
TNC
TNC
Q1 26
Q4 25
34.6%
Q3 25
42.7%
Q2 25
42.1%
Q1 25
41.4%
Q4 24
41.3%
Q3 24
42.4%
Q2 24
43.1%
Operating Margin
CBSH
CBSH
TNC
TNC
Q1 26
Q4 25
40.8%
-1.4%
Q3 25
41.9%
7.4%
Q2 25
44.0%
9.6%
Q1 25
39.2%
6.8%
Q4 24
41.2%
2.3%
Q3 24
42.4%
9.7%
Q2 24
43.4%
11.7%
Net Margin
CBSH
CBSH
TNC
TNC
Q1 26
29.8%
Q4 25
31.3%
-1.5%
Q3 25
32.1%
4.9%
Q2 25
34.2%
6.3%
Q1 25
30.7%
4.5%
Q4 24
32.2%
2.0%
Q3 24
32.8%
6.6%
Q2 24
33.7%
8.4%
EPS (diluted)
CBSH
CBSH
TNC
TNC
Q1 26
$0.96
Q4 25
$0.86
$-0.21
Q3 25
$1.06
$0.80
Q2 25
$1.14
$1.08
Q1 25
$0.98
$0.69
Q4 24
$0.83
$0.35
Q3 24
$1.01
$1.09
Q2 24
$1.03
$1.45

Balance Sheet & Financial Strength

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

Metric
CBSH
CBSH
TNC
TNC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$273.2M
Stockholders' EquityBook value
$4.3B
$601.6M
Total Assets
$35.7B
$1.3B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Total Debt
CBSH
CBSH
TNC
TNC
Q1 26
Q4 25
$273.2M
Q3 25
$238.3M
Q2 25
$213.4M
Q1 25
$213.3M
Q4 24
$198.2M
Q3 24
$208.6M
Q2 24
$205.6M
Stockholders' Equity
CBSH
CBSH
TNC
TNC
Q1 26
$4.3B
Q4 25
$3.8B
$601.6M
Q3 25
$3.8B
$640.9M
Q2 25
$3.6B
$651.9M
Q1 25
$3.5B
$624.4M
Q4 24
$3.3B
$620.8M
Q3 24
$3.4B
$647.2M
Q2 24
$3.1B
$624.6M
Total Assets
CBSH
CBSH
TNC
TNC
Q1 26
$35.7B
Q4 25
$32.9B
$1.3B
Q3 25
$32.3B
$1.3B
Q2 25
$32.3B
$1.2B
Q1 25
$32.4B
$1.2B
Q4 24
$32.0B
$1.2B
Q3 24
$31.5B
$1.2B
Q2 24
$30.6B
$1.2B
Debt / Equity
CBSH
CBSH
TNC
TNC
Q1 26
Q4 25
0.45×
Q3 25
0.37×
Q2 25
0.33×
Q1 25
0.34×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.33×

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
TNC
TNC
Operating Cash FlowLast quarter
$14.2M
Free Cash FlowOCF − Capex
$9.7M
FCF MarginFCF / Revenue
3.3%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
TNC
TNC
Q1 26
Q4 25
$645.1M
$14.2M
Q3 25
$129.0M
$28.7M
Q2 25
$111.2M
$22.5M
Q1 25
$138.6M
$-400.0K
Q4 24
$577.9M
$37.5M
Q3 24
$431.7M
$30.7M
Q2 24
$147.4M
$18.6M
Free Cash Flow
CBSH
CBSH
TNC
TNC
Q1 26
Q4 25
$592.4M
$9.7M
Q3 25
$113.3M
$22.3M
Q2 25
$100.5M
$18.7M
Q1 25
$126.0M
$-7.4M
Q4 24
$531.7M
$28.1M
Q3 24
$419.1M
$26.4M
Q2 24
$138.9M
$14.4M
FCF Margin
CBSH
CBSH
TNC
TNC
Q1 26
Q4 25
131.8%
3.3%
Q3 25
25.7%
7.4%
Q2 25
22.5%
5.9%
Q1 25
29.4%
-2.6%
Q4 24
126.0%
8.5%
Q3 24
99.5%
8.4%
Q2 24
33.5%
4.4%
Capex Intensity
CBSH
CBSH
TNC
TNC
Q1 26
Q4 25
11.7%
1.5%
Q3 25
3.6%
2.1%
Q2 25
2.4%
1.2%
Q1 25
2.9%
2.4%
Q4 24
10.9%
2.9%
Q3 24
3.0%
1.4%
Q2 24
2.1%
1.3%
Cash Conversion
CBSH
CBSH
TNC
TNC
Q1 26
Q4 25
4.59×
Q3 25
0.91×
1.93×
Q2 25
0.73×
1.11×
Q1 25
1.05×
-0.03×
Q4 24
4.25×
5.68×
Q3 24
3.13×
1.48×
Q2 24
1.06×
0.67×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBSH
CBSH

Segment breakdown not available.

TNC
TNC

Equipment Sales$165.5M57%
Parts And Consumables$69.1M24%
Service And Other$57.0M20%

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