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

COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $377.3M, roughly 1.3× Bristow Group Inc.). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 4.9%, a 24.9% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs 6.7%). Over the past eight quarters, COMMERCE BANCSHARES INC's revenue compounded faster (7.1% CAGR vs 5.8%).

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.

Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.

CBSH vs VTOL — Head-to-Head

Bigger by revenue
CBSH
CBSH
1.3× larger
CBSH
$475.7M
$377.3M
VTOL
Growing faster (revenue YoY)
CBSH
CBSH
+4.4% gap
CBSH
11.1%
6.7%
VTOL
Higher net margin
CBSH
CBSH
24.9% more per $
CBSH
29.8%
4.9%
VTOL
Faster 2-yr revenue CAGR
CBSH
CBSH
Annualised
CBSH
7.1%
5.8%
VTOL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBSH
CBSH
VTOL
VTOL
Revenue
$475.7M
$377.3M
Net Profit
$141.6M
$18.4M
Gross Margin
Operating Margin
8.5%
Net Margin
29.8%
4.9%
Revenue YoY
11.1%
6.7%
Net Profit YoY
0.7%
-42.1%
EPS (diluted)
$0.96
$0.61

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
VTOL
VTOL
Q1 26
$475.7M
Q4 25
$449.4M
$377.3M
Q3 25
$441.0M
$386.3M
Q2 25
$445.8M
$376.4M
Q1 25
$428.1M
$350.5M
Q4 24
$422.1M
$353.5M
Q3 24
$421.4M
$365.1M
Q2 24
$414.5M
$359.7M
Net Profit
CBSH
CBSH
VTOL
VTOL
Q1 26
$141.6M
Q4 25
$140.7M
$18.4M
Q3 25
$141.5M
$51.5M
Q2 25
$152.5M
$31.7M
Q1 25
$131.6M
$27.4M
Q4 24
$136.1M
$31.8M
Q3 24
$138.0M
$28.2M
Q2 24
$139.6M
$28.2M
Operating Margin
CBSH
CBSH
VTOL
VTOL
Q1 26
Q4 25
40.8%
8.5%
Q3 25
41.9%
13.1%
Q2 25
44.0%
11.3%
Q1 25
39.2%
9.6%
Q4 24
41.2%
9.0%
Q3 24
42.4%
9.1%
Q2 24
43.4%
12.4%
Net Margin
CBSH
CBSH
VTOL
VTOL
Q1 26
29.8%
Q4 25
31.3%
4.9%
Q3 25
32.1%
13.3%
Q2 25
34.2%
8.4%
Q1 25
30.7%
7.8%
Q4 24
32.2%
9.0%
Q3 24
32.8%
7.7%
Q2 24
33.7%
7.8%
EPS (diluted)
CBSH
CBSH
VTOL
VTOL
Q1 26
$0.96
Q4 25
$0.86
$0.61
Q3 25
$1.06
$1.72
Q2 25
$1.14
$1.07
Q1 25
$0.98
$0.92
Q4 24
$0.83
$1.07
Q3 24
$1.01
$0.95
Q2 24
$1.03
$0.96

Balance Sheet & Financial Strength

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

Metric
CBSH
CBSH
VTOL
VTOL
Cash + ST InvestmentsLiquidity on hand
$286.2M
Total DebtLower is stronger
$671.5M
Stockholders' EquityBook value
$4.3B
$1.1B
Total Assets
$35.7B
$2.3B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBSH
CBSH
VTOL
VTOL
Q1 26
Q4 25
$286.2M
Q3 25
$245.5M
Q2 25
$251.8M
Q1 25
$191.1M
Q4 24
$247.5M
Q3 24
$200.3M
Q2 24
$178.6M
Total Debt
CBSH
CBSH
VTOL
VTOL
Q1 26
Q4 25
$671.5M
Q3 25
$675.0M
Q2 25
$705.2M
Q1 25
$701.9M
Q4 24
$689.8M
Q3 24
$629.1M
Q2 24
$594.2M
Stockholders' Equity
CBSH
CBSH
VTOL
VTOL
Q1 26
$4.3B
Q4 25
$3.8B
$1.1B
Q3 25
$3.8B
$1.0B
Q2 25
$3.6B
$984.4M
Q1 25
$3.5B
$931.7M
Q4 24
$3.3B
$891.7M
Q3 24
$3.4B
$899.2M
Q2 24
$3.1B
$849.1M
Total Assets
CBSH
CBSH
VTOL
VTOL
Q1 26
$35.7B
Q4 25
$32.9B
$2.3B
Q3 25
$32.3B
$2.3B
Q2 25
$32.3B
$2.3B
Q1 25
$32.4B
$2.2B
Q4 24
$32.0B
$2.1B
Q3 24
$31.5B
$2.1B
Q2 24
$30.6B
$2.0B
Debt / Equity
CBSH
CBSH
VTOL
VTOL
Q1 26
Q4 25
0.63×
Q3 25
0.65×
Q2 25
0.72×
Q1 25
0.75×
Q4 24
0.77×
Q3 24
0.70×
Q2 24
0.70×

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
VTOL
VTOL
Operating Cash FlowLast quarter
$76.9M
Free Cash FlowOCF − Capex
$47.8M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
7.7%
Cash ConversionOCF / Net Profit
4.17×
TTM Free Cash FlowTrailing 4 quarters
$56.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBSH
CBSH
VTOL
VTOL
Q1 26
Q4 25
$645.1M
$76.9M
Q3 25
$129.0M
$23.1M
Q2 25
$111.2M
$99.0M
Q1 25
$138.6M
$-603.0K
Q4 24
$577.9M
$51.1M
Q3 24
$431.7M
$66.0M
Q2 24
$147.4M
$33.7M
Free Cash Flow
CBSH
CBSH
VTOL
VTOL
Q1 26
Q4 25
$592.4M
$47.8M
Q3 25
$113.3M
$-6.2M
Q2 25
$100.5M
$67.4M
Q1 25
$126.0M
$-52.7M
Q4 24
$531.7M
$-32.4M
Q3 24
$419.1M
$9.0M
Q2 24
$138.9M
$-16.7M
FCF Margin
CBSH
CBSH
VTOL
VTOL
Q1 26
Q4 25
131.8%
12.7%
Q3 25
25.7%
-1.6%
Q2 25
22.5%
17.9%
Q1 25
29.4%
-15.0%
Q4 24
126.0%
-9.2%
Q3 24
99.5%
2.5%
Q2 24
33.5%
-4.6%
Capex Intensity
CBSH
CBSH
VTOL
VTOL
Q1 26
Q4 25
11.7%
7.7%
Q3 25
3.6%
7.6%
Q2 25
2.4%
8.4%
Q1 25
2.9%
14.9%
Q4 24
10.9%
23.6%
Q3 24
3.0%
15.6%
Q2 24
2.1%
14.0%
Cash Conversion
CBSH
CBSH
VTOL
VTOL
Q1 26
Q4 25
4.59×
4.17×
Q3 25
0.91×
0.45×
Q2 25
0.73×
3.12×
Q1 25
1.05×
-0.02×
Q4 24
4.25×
1.61×
Q3 24
3.13×
2.34×
Q2 24
1.06×
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CBSH
CBSH

Segment breakdown not available.

VTOL
VTOL

Offshore Energy Services$247.5M66%
Government Services$100.1M27%
Other$21.9M6%
Related Party$7.8M2%

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