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COMMERCE BANCSHARES INC（CBSH）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
美森的季度营收约是COMMERCE BANCSHARES INC的1.8倍（$851.9M vs $475.7M），COMMERCE BANCSHARES INC净利率更高（29.8% vs 16.8%，领先13.0%），COMMERCE BANCSHARES INC同比增速更快（11.1% vs -4.3%），过去两年美森的营收复合增速更高（8.6% 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。
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
CBSH vs MATX — 直观对比
营收规模更大
MATX
是对方的1.8倍
$475.7M
营收增速更快
CBSH
高出15.4%
-4.3%
净利率更高
CBSH
高出13.0%
16.8%
两年增速更快
MATX
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $851.9M |
| 净利润 | $141.6M | $143.1M |
| 毛利率 | — | — |
| 营业利润率 | — | 16.9% |
| 净利率 | 29.8% | 16.8% |
| 营收同比 | 11.1% | -4.3% |
| 净利润同比 | 0.7% | 11.8% |
| 每股收益（稀释后） | $0.96 | $4.47 |
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CBSHMATX
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $851.9M | ||
| Q3 25 | $441.0M | $880.1M | ||
| Q2 25 | $445.8M | $830.5M | ||
| Q1 25 | $428.1M | $782.0M | ||
| Q4 24 | $422.1M | $890.3M | ||
| Q3 24 | $421.4M | $962.0M | ||
| Q2 24 | $414.5M | $847.4M |
净利润CBSHMATX
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $143.1M | ||
| Q3 25 | $141.5M | $134.7M | ||
| Q2 25 | $152.5M | $94.7M | ||
| Q1 25 | $131.6M | $72.3M | ||
| Q4 24 | $136.1M | $128.0M | ||
| Q3 24 | $138.0M | $199.1M | ||
| Q2 24 | $139.6M | $113.2M |
营业利润率CBSHMATX
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 16.9% | ||
| Q3 25 | 41.9% | 18.3% | ||
| Q2 25 | 44.0% | 13.6% | ||
| Q1 25 | 39.2% | 10.5% | ||
| Q4 24 | 41.2% | 16.6% | ||
| Q3 24 | 42.4% | 25.2% | ||
| Q2 24 | 43.4% | 14.7% |
净利率CBSHMATX
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 16.8% | ||
| Q3 25 | 32.1% | 15.3% | ||
| Q2 25 | 34.2% | 11.4% | ||
| Q1 25 | 30.7% | 9.2% | ||
| Q4 24 | 32.2% | 14.4% | ||
| Q3 24 | 32.8% | 20.7% | ||
| Q2 24 | 33.7% | 13.4% |
每股收益（稀释后）CBSHMATX
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $4.47 | ||
| Q3 25 | $1.06 | $4.24 | ||
| Q2 25 | $1.14 | $2.92 | ||
| Q1 25 | $0.98 | $2.18 | ||
| Q4 24 | $0.83 | $3.69 | ||
| Q3 24 | $1.01 | $5.89 | ||
| Q2 24 | $1.03 | $3.31 |
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 | — | $141.9M |
| 总债务越低越好 | — | $361.2M |
| 股东权益账面价值 | $4.3B | $2.8B |
| 总资产 | $35.7B | $4.6B |
| 负债/权益比越低杠杆越低 | — | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资CBSHMATX
| Q1 26 | — | — | ||
| Q4 25 | — | $141.9M | ||
| Q3 25 | — | $92.7M | ||
| Q2 25 | — | $59.1M | ||
| Q1 25 | — | $122.0M | ||
| Q4 24 | — | $266.8M | ||
| Q3 24 | — | $270.3M | ||
| Q2 24 | — | $168.2M |
总债务CBSHMATX
| Q1 26 | — | — | ||
| Q4 25 | — | $361.2M | ||
| Q3 25 | — | $370.9M | ||
| Q2 25 | — | $341.3M | ||
| Q1 25 | — | $351.1M | ||
| Q4 24 | — | $361.2M | ||
| Q3 24 | — | $370.9M | ||
| Q2 24 | — | $381.0M |
股东权益CBSHMATX
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $2.8B | ||
| Q3 25 | $3.8B | $2.7B | ||
| Q2 25 | $3.6B | $2.6B | ||
| Q1 25 | $3.5B | $2.6B | ||
| Q4 24 | $3.3B | $2.7B | ||
| Q3 24 | $3.4B | $2.6B | ||
| Q2 24 | $3.1B | $2.4B |
总资产CBSHMATX
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $4.6B | ||
| Q3 25 | $32.3B | $4.6B | ||
| Q2 25 | $32.3B | $4.5B | ||
| Q1 25 | $32.4B | $4.5B | ||
| Q4 24 | $32.0B | $4.6B | ||
| Q3 24 | $31.5B | $4.4B | ||
| Q2 24 | $30.6B | $4.3B |
负债/权益比CBSHMATX
| Q1 26 | — | — | ||
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.16× |
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 | — | $176.9M |
| 自由现金流经营现金流 - 资本支出 | — | $42.2M |
| 自由现金流率自由现金流/营收 | — | 5.0% |
| 资本支出强度资本支出/营收 | — | 15.8% |
| 现金转化率经营现金流/净利润 | — | 1.24× |
| 过去12个月自由现金流最近4个季度 | — | $153.7M |
8季度趋势，按日历期对齐
经营现金流CBSHMATX
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $176.9M | ||
| Q3 25 | $129.0M | $175.6M | ||
| Q2 25 | $111.2M | $105.6M | ||
| Q1 25 | $138.6M | $89.0M | ||
| Q4 24 | $577.9M | $174.7M | ||
| Q3 24 | $431.7M | $248.6M | ||
| Q2 24 | $147.4M | $307.9M |
自由现金流CBSHMATX
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $42.2M | ||
| Q3 25 | $113.3M | $92.4M | ||
| Q2 25 | $100.5M | $19.3M | ||
| Q1 25 | $126.0M | $-200.0K | ||
| Q4 24 | $531.7M | $49.3M | ||
| Q3 24 | $419.1M | $189.0M | ||
| Q2 24 | $138.9M | $238.1M |
自由现金流率CBSHMATX
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 5.0% | ||
| Q3 25 | 25.7% | 10.5% | ||
| Q2 25 | 22.5% | 2.3% | ||
| Q1 25 | 29.4% | -0.0% | ||
| Q4 24 | 126.0% | 5.5% | ||
| Q3 24 | 99.5% | 19.6% | ||
| Q2 24 | 33.5% | 28.1% |
资本支出强度CBSHMATX
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 15.8% | ||
| Q3 25 | 3.6% | 9.5% | ||
| Q2 25 | 2.4% | 10.4% | ||
| Q1 25 | 2.9% | 11.4% | ||
| Q4 24 | 10.9% | 14.1% | ||
| Q3 24 | 3.0% | 6.2% | ||
| Q2 24 | 2.1% | 8.2% |
现金转化率CBSHMATX
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 1.24× | ||
| Q3 25 | 0.91× | 1.30× | ||
| Q2 25 | 0.73× | 1.12× | ||
| Q1 25 | 1.05× | 1.23× | ||
| Q4 24 | 4.25× | 1.36× | ||
| Q3 24 | 3.13× | 1.25× | ||
| Q2 24 | 1.06× | 2.72× |
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
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
