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COMMERCE BANCSHARES INC（CBSH）与LifeStance Health Group, Inc.（LFST）财务数据对比。点击上方公司名可切换其他公司
COMMERCE BANCSHARES INC的季度营收约是LifeStance Health Group, Inc.的1.2倍（$475.7M vs $382.2M），COMMERCE BANCSHARES INC净利率更高（29.8% vs 3.1%，领先26.7%），LifeStance Health Group, Inc.同比增速更快（17.4% vs 11.1%），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% 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。
LifeStance Health Group是美国的门诊行为健康服务提供商，支持线下面诊与远程诊疗两种服务模式，业务涵盖心理咨询、精神科诊疗、经颅磁刺激（TMS）以及氯胺酮治疗等。该公司曾多次因劳动违规、客户信息泄露及误导投资者相关问题遭遇诉讼。
CBSH vs LFST — 直观对比
营收规模更大
CBSH
是对方的1.2倍
$382.2M
营收增速更快
LFST
高出6.3%
11.1%
净利率更高
CBSH
高出26.7%
3.1%
两年增速更快
LFST
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $382.2M |
| 净利润 | $141.6M | $11.7M |
| 毛利率 | — | — |
| 营业利润率 | — | 4.7% |
| 净利率 | 29.8% | 3.1% |
| 营收同比 | 11.1% | 17.4% |
| 净利润同比 | 10.5% | 264.1% |
| 每股收益（稀释后） | $0.96 | — |
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CBSHLFST
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $382.2M | ||
| Q3 25 | $441.0M | $363.8M | ||
| Q2 25 | $445.8M | $345.3M | ||
| Q1 25 | $428.1M | $333.0M | ||
| Q4 24 | $422.1M | $325.5M | ||
| Q3 24 | $421.4M | $312.7M | ||
| Q2 24 | $414.5M | $312.3M |
净利润CBSHLFST
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $11.7M | ||
| Q3 25 | $141.5M | $1.1M | ||
| Q2 25 | $152.5M | $-3.8M | ||
| Q1 25 | $131.6M | $709.0K | ||
| Q4 24 | $136.1M | $-7.1M | ||
| Q3 24 | $138.0M | $-6.0M | ||
| Q2 24 | $139.6M | $-23.3M |
营业利润率CBSHLFST
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 4.7% | ||
| Q3 25 | 41.9% | 2.0% | ||
| Q2 25 | 44.0% | -0.9% | ||
| Q1 25 | 39.2% | 0.5% | ||
| Q4 24 | 41.2% | 0.3% | ||
| Q3 24 | 42.4% | 0.0% | ||
| Q2 24 | 43.4% | -5.1% |
净利率CBSHLFST
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 3.1% | ||
| Q3 25 | 32.1% | 0.3% | ||
| Q2 25 | 34.2% | -1.1% | ||
| Q1 25 | 30.7% | 0.2% | ||
| Q4 24 | 32.2% | -2.2% | ||
| Q3 24 | 32.8% | -1.9% | ||
| Q2 24 | 33.7% | -7.5% |
每股收益（稀释后）CBSHLFST
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | — | ||
| Q3 25 | $1.06 | — | ||
| Q2 25 | $1.14 | — | ||
| Q1 25 | $0.98 | — | ||
| Q4 24 | $0.83 | — | ||
| Q3 24 | $1.01 | — | ||
| Q2 24 | $1.03 | — |
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 | — | $248.6M |
| 总债务越低越好 | — | $282.8M |
| 股东权益账面价值 | $4.3B | $1.5B |
| 总资产 | $35.7B | $2.2B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资CBSHLFST
| Q1 26 | — | — | ||
| Q4 25 | — | $248.6M | ||
| Q3 25 | — | $203.9M | ||
| Q2 25 | — | $188.9M | ||
| Q1 25 | — | $134.3M | ||
| Q4 24 | — | $154.6M | ||
| Q3 24 | — | $102.6M | ||
| Q2 24 | — | $87.0M |
总债务CBSHLFST
| Q1 26 | — | — | ||
| Q4 25 | — | $282.8M | ||
| Q3 25 | — | $284.6M | ||
| Q2 25 | — | $286.4M | ||
| Q1 25 | — | $288.2M | ||
| Q4 24 | — | $290.0M | ||
| Q3 24 | — | $287.3M | ||
| Q2 24 | — | $288.0M |
股东权益CBSHLFST
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $1.5B | ||
| Q3 25 | $3.8B | $1.5B | ||
| Q2 25 | $3.6B | $1.5B | ||
| Q1 25 | $3.5B | $1.5B | ||
| Q4 24 | $3.3B | $1.4B | ||
| Q3 24 | $3.4B | $1.4B | ||
| Q2 24 | $3.1B | $1.4B |
总资产CBSHLFST
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $2.2B | ||
| Q3 25 | $32.3B | $2.1B | ||
| Q2 25 | $32.3B | $2.1B | ||
| Q1 25 | $32.4B | $2.1B | ||
| Q4 24 | $32.0B | $2.1B | ||
| Q3 24 | $31.5B | $2.1B | ||
| Q2 24 | $30.6B | $2.1B |
负债/权益比CBSHLFST
| Q1 26 | — | — | ||
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 0.20× | ||
| Q2 24 | — | 0.20× |
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 | — | $57.6M |
| 自由现金流经营现金流 - 资本支出 | — | $46.6M |
| 自由现金流率自由现金流/营收 | — | 12.2% |
| 资本支出强度资本支出/营收 | — | 2.9% |
| 现金转化率经营现金流/净利润 | — | 4.93× |
| 过去12个月自由现金流最近4个季度 | — | $110.0M |
8季度趋势，按日历期对齐
经营现金流CBSHLFST
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $57.6M | ||
| Q3 25 | $129.0M | $27.3M | ||
| Q2 25 | $111.2M | $64.4M | ||
| Q1 25 | $138.6M | $-3.1M | ||
| Q4 24 | $577.9M | $62.3M | ||
| Q3 24 | $431.7M | $22.7M | ||
| Q2 24 | $147.4M | $44.1M |
自由现金流CBSHLFST
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $46.6M | ||
| Q3 25 | $113.3M | $17.0M | ||
| Q2 25 | $100.5M | $56.6M | ||
| Q1 25 | $126.0M | $-10.3M | ||
| Q4 24 | $531.7M | $56.0M | ||
| Q3 24 | $419.1M | $17.7M | ||
| Q2 24 | $138.9M | $39.0M |
自由现金流率CBSHLFST
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 12.2% | ||
| Q3 25 | 25.7% | 4.7% | ||
| Q2 25 | 22.5% | 16.4% | ||
| Q1 25 | 29.4% | -3.1% | ||
| Q4 24 | 126.0% | 17.2% | ||
| Q3 24 | 99.5% | 5.7% | ||
| Q2 24 | 33.5% | 12.5% |
资本支出强度CBSHLFST
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 2.9% | ||
| Q3 25 | 3.6% | 2.8% | ||
| Q2 25 | 2.4% | 2.2% | ||
| Q1 25 | 2.9% | 2.2% | ||
| Q4 24 | 10.9% | 1.9% | ||
| Q3 24 | 3.0% | 1.6% | ||
| Q2 24 | 2.1% | 1.6% |
现金转化率CBSHLFST
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 4.93× | ||
| Q3 25 | 0.91× | 25.34× | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 1.05× | -4.36× | ||
| Q4 24 | 4.25× | — | ||
| Q3 24 | 3.13× | — | ||
| Q2 24 | 1.06× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
