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Side-by-side financial comparison of COMMERCE BANCSHARES INC (CBSH) and XPLR Infrastructure, LP (XIFR). Click either name above to swap in a different company.
COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $249.0M, roughly 1.9× XPLR Infrastructure, LP). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 11.2%, a 18.5% gap on every dollar of revenue. On growth, COMMERCE BANCSHARES INC posted the faster year-over-year revenue change (11.1% vs -15.3%). Over the past eight quarters, COMMERCE BANCSHARES INC's revenue compounded faster (7.1% CAGR vs -1.6%).
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.
XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.
CBSH vs XIFR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $475.7M | $249.0M |
| Net Profit | $141.6M | $28.0M |
| Gross Margin | — | — |
| Operating Margin | — | -19.3% |
| Net Margin | 29.8% | 11.2% |
| Revenue YoY | 11.1% | -15.3% |
| Net Profit YoY | 10.5% | 124.3% |
| EPS (diluted) | $0.96 | — |
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 | $249.0M | ||
| Q3 25 | $441.0M | $315.0M | ||
| Q2 25 | $445.8M | $342.0M | ||
| Q1 25 | $428.1M | $282.0M | ||
| Q4 24 | $422.1M | $294.0M | ||
| Q3 24 | $421.4M | $319.0M | ||
| Q2 24 | $414.5M | $360.0M |
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $28.0M | ||
| Q3 25 | $141.5M | $-37.0M | ||
| Q2 25 | $152.5M | $79.0M | ||
| Q1 25 | $131.6M | $-98.0M | ||
| Q4 24 | $136.1M | $-115.0M | ||
| Q3 24 | $138.0M | $-40.0M | ||
| Q2 24 | $139.6M | $62.0M |
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | -19.3% | ||
| Q3 25 | 41.9% | 1.6% | ||
| Q2 25 | 44.0% | 26.3% | ||
| Q1 25 | 39.2% | -82.6% | ||
| Q4 24 | 41.2% | -188.1% | ||
| Q3 24 | 42.4% | 15.4% | ||
| Q2 24 | 43.4% | 18.3% |
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 11.2% | ||
| Q3 25 | 32.1% | -11.7% | ||
| Q2 25 | 34.2% | 23.1% | ||
| Q1 25 | 30.7% | -34.8% | ||
| Q4 24 | 32.2% | -39.1% | ||
| Q3 24 | 32.8% | -12.5% | ||
| Q2 24 | 33.7% | 17.2% |
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | — | ||
| Q3 25 | $1.06 | $-0.40 | ||
| Q2 25 | $1.14 | $0.84 | ||
| Q1 25 | $0.98 | $-1.05 | ||
| Q4 24 | $0.83 | — | ||
| Q3 24 | $1.01 | $-0.43 | ||
| Q2 24 | $1.03 | $0.66 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $960.0M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $4.3B | $10.9B |
| Total Assets | $35.7B | $19.6B |
| Debt / EquityLower = less leverage | — | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $960.0M | ||
| Q3 25 | — | $711.0M | ||
| Q2 25 | — | $880.0M | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $283.0M | ||
| Q3 24 | — | $290.0M | ||
| Q2 24 | — | $281.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $10.9B | ||
| Q3 25 | $3.8B | $11.0B | ||
| Q2 25 | $3.6B | $11.3B | ||
| Q1 25 | $3.5B | $12.6B | ||
| Q4 24 | $3.3B | $12.9B | ||
| Q3 24 | $3.4B | $13.6B | ||
| Q2 24 | $3.1B | $13.9B |
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $19.6B | ||
| Q3 25 | $32.3B | $19.1B | ||
| Q2 25 | $32.3B | $20.5B | ||
| Q1 25 | $32.4B | $21.4B | ||
| Q4 24 | $32.0B | $20.3B | ||
| Q3 24 | $31.5B | $20.9B | ||
| Q2 24 | $30.6B | $21.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $186.0M |
| Free Cash FlowOCF − Capex | — | $-88.0M |
| FCF MarginFCF / Revenue | — | -35.3% |
| Capex IntensityCapex / Revenue | — | 110.0% |
| Cash ConversionOCF / Net Profit | — | 6.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-219.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $186.0M | ||
| Q3 25 | $129.0M | $231.0M | ||
| Q2 25 | $111.2M | $232.0M | ||
| Q1 25 | $138.6M | $90.0M | ||
| Q4 24 | $577.9M | $283.0M | ||
| Q3 24 | $431.7M | $208.0M | ||
| Q2 24 | $147.4M | $231.0M |
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $-88.0M | ||
| Q3 25 | $113.3M | $-283.0M | ||
| Q2 25 | $100.5M | $151.0M | ||
| Q1 25 | $126.0M | $1.0M | ||
| Q4 24 | $531.7M | $231.0M | ||
| Q3 24 | $419.1M | $152.0M | ||
| Q2 24 | $138.9M | $162.0M |
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | -35.3% | ||
| Q3 25 | 25.7% | -89.8% | ||
| Q2 25 | 22.5% | 44.2% | ||
| Q1 25 | 29.4% | 0.4% | ||
| Q4 24 | 126.0% | 78.6% | ||
| Q3 24 | 99.5% | 47.6% | ||
| Q2 24 | 33.5% | 45.0% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 110.0% | ||
| Q3 25 | 3.6% | 163.2% | ||
| Q2 25 | 2.4% | 23.7% | ||
| Q1 25 | 2.9% | 31.6% | ||
| Q4 24 | 10.9% | 17.7% | ||
| Q3 24 | 3.0% | 17.6% | ||
| Q2 24 | 2.1% | 19.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 6.64× | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 0.73× | 2.94× | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | 4.25× | — | ||
| Q3 24 | 3.13× | — | ||
| Q2 24 | 1.06× | 3.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBSH
Segment breakdown not available.
XIFR
| Renewable Energy Sales | $238.0M | 96% |
| Related Party | $8.0M | 3% |
