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COMMERCE BANCSHARES INC（CBSH）与FirstCash Holdings, Inc.（FCFS）财务数据对比。点击上方公司名可切换其他公司
FirstCash Holdings, Inc.的季度营收约是COMMERCE BANCSHARES INC的1.1倍（$501.3M vs $475.7M），COMMERCE BANCSHARES INC净利率更高（29.8% vs 20.8%，领先9.0%），FirstCash Holdings, Inc.同比增速更快（21.2% vs 11.1%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 7.1%）
Commerce Bancshares, Inc.是总部位于美国密苏里州的区域性银行控股公司，在堪萨斯城和圣路易斯设有核心办公点，旗下Commerce Bank提供多元化金融服务，覆盖企业及个人银行、财富管理、关联公司投资等业务。
FirstCash Holdings, Inc.是总部位于美国得克萨斯州沃斯堡的典当企业，在美国及拉丁美洲多地运营线下典当零售门店，为纳斯达克证券交易所公开上市企业，在美洲典当服务领域拥有成熟的业务布局与完善的运营网络。
CBSH vs FCFS — 直观对比
营收规模更大
FCFS
是对方的1.1倍
$475.7M
营收增速更快
FCFS
高出10.0%
11.1%
净利率更高
CBSH
高出9.0%
20.8%
两年增速更快
FCFS
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $501.3M |
| 净利润 | $141.6M | $104.2M |
| 毛利率 | — | — |
| 营业利润率 | — | 28.5% |
| 净利率 | 29.8% | 20.8% |
| 营收同比 | 11.1% | 21.2% |
| 净利润同比 | 10.5% | 24.7% |
| 每股收益（稀释后） | $0.96 | $2.35 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CBSHFCFS
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $501.3M | ||
| Q3 25 | $441.0M | $411.0M | ||
| Q2 25 | $445.8M | $385.1M | ||
| Q1 25 | $428.1M | $371.1M | ||
| Q4 24 | $422.1M | $413.7M | ||
| Q3 24 | $421.4M | $363.1M | ||
| Q2 24 | $414.5M | $363.5M |
净利润CBSHFCFS
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $104.2M | ||
| Q3 25 | $141.5M | $82.8M | ||
| Q2 25 | $152.5M | $59.8M | ||
| Q1 25 | $131.6M | $83.6M | ||
| Q4 24 | $136.1M | $83.5M | ||
| Q3 24 | $138.0M | $64.8M | ||
| Q2 24 | $139.6M | $49.1M |
营业利润率CBSHFCFS
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 28.5% | ||
| Q3 25 | 41.9% | 27.4% | ||
| Q2 25 | 44.0% | 21.1% | ||
| Q1 25 | 39.2% | 30.0% | ||
| Q4 24 | 41.2% | 26.5% | ||
| Q3 24 | 42.4% | 23.5% | ||
| Q2 24 | 43.4% | 18.2% |
净利率CBSHFCFS
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 20.8% | ||
| Q3 25 | 32.1% | 20.1% | ||
| Q2 25 | 34.2% | 15.5% | ||
| Q1 25 | 30.7% | 22.5% | ||
| Q4 24 | 32.2% | 20.2% | ||
| Q3 24 | 32.8% | 17.9% | ||
| Q2 24 | 33.7% | 13.5% |
每股收益（稀释后）CBSHFCFS
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $2.35 | ||
| Q3 25 | $1.06 | $1.86 | ||
| Q2 25 | $1.14 | $1.34 | ||
| Q1 25 | $0.98 | $1.87 | ||
| Q4 24 | $0.83 | $1.86 | ||
| Q3 24 | $1.01 | $1.44 | ||
| Q2 24 | $1.03 | $1.08 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $125.2M |
| 总债务越低越好 | — | $2.2B |
| 股东权益账面价值 | $4.3B | $2.3B |
| 总资产 | $35.7B | $5.3B |
| 负债/权益比越低杠杆越低 | — | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资CBSHFCFS
| Q1 26 | — | — | ||
| Q4 25 | — | $125.2M | ||
| Q3 25 | — | $130.2M | ||
| Q2 25 | — | $101.5M | ||
| Q1 25 | — | $146.0M | ||
| Q4 24 | — | $175.1M | ||
| Q3 24 | — | $106.3M | ||
| Q2 24 | — | $113.7M |
总债务CBSHFCFS
| Q1 26 | — | — | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
股东权益CBSHFCFS
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $2.3B | ||
| Q3 25 | $3.8B | $2.2B | ||
| Q2 25 | $3.6B | $2.1B | ||
| Q1 25 | $3.5B | $2.1B | ||
| Q4 24 | $3.3B | $2.1B | ||
| Q3 24 | $3.4B | $2.0B | ||
| Q2 24 | $3.1B | $2.0B |
总资产CBSHFCFS
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $5.3B | ||
| Q3 25 | $32.3B | $5.2B | ||
| Q2 25 | $32.3B | $4.5B | ||
| Q1 25 | $32.4B | $4.4B | ||
| Q4 24 | $32.0B | $4.5B | ||
| Q3 24 | $31.5B | $4.4B | ||
| Q2 24 | $30.6B | $4.3B |
负债/权益比CBSHFCFS
| Q1 26 | — | — | ||
| Q4 25 | — | 0.98× | ||
| Q3 25 | — | 1.01× | ||
| Q2 25 | — | 0.79× | ||
| Q1 25 | — | 0.83× | ||
| Q4 24 | — | 0.85× | ||
| Q3 24 | — | 0.87× | ||
| Q2 24 | — | 0.85× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $206.6M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.98× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CBSHFCFS
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $206.6M | ||
| Q3 25 | $129.0M | $135.8M | ||
| Q2 25 | $111.2M | $116.9M | ||
| Q1 25 | $138.6M | $126.6M | ||
| Q4 24 | $577.9M | $198.1M | ||
| Q3 24 | $431.7M | $113.1M | ||
| Q2 24 | $147.4M | $106.2M |
自由现金流CBSHFCFS
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | — | ||
| Q3 25 | $113.3M | — | ||
| Q2 25 | $100.5M | — | ||
| Q1 25 | $126.0M | — | ||
| Q4 24 | $531.7M | — | ||
| Q3 24 | $419.1M | — | ||
| Q2 24 | $138.9M | — |
自由现金流率CBSHFCFS
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | — | ||
| Q3 25 | 25.7% | — | ||
| Q2 25 | 22.5% | — | ||
| Q1 25 | 29.4% | — | ||
| Q4 24 | 126.0% | — | ||
| Q3 24 | 99.5% | — | ||
| Q2 24 | 33.5% | — |
资本支出强度CBSHFCFS
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | — | ||
| Q3 25 | 3.6% | — | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | 2.1% | — |
现金转化率CBSHFCFS
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 1.98× | ||
| Q3 25 | 0.91× | 1.64× | ||
| Q2 25 | 0.73× | 1.95× | ||
| Q1 25 | 1.05× | 1.51× | ||
| Q4 24 | 4.25× | 2.37× | ||
| Q3 24 | 3.13× | 1.74× | ||
| Q2 24 | 1.06× | 2.16× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CBSH
暂无分部数据
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
