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COMMERCE BANCSHARES INC（CBSH）与PROGRESS SOFTWARE CORP（PRGS）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PROGRESS SOFTWARE CORP的1.9倍（$475.7M vs $252.7M），COMMERCE BANCSHARES INC净利率更高（29.8% vs 10.2%，领先19.6%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs 11.1%），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% 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。
Progress Software是全球领先的企业级软件服务商，主营应用开发平台、数据连接工具、数字体验解决方案等产品，服务覆盖金融、医疗、制造、零售等多行业的全球企业客户，助力客户搭建高性能可扩展的业务应用，提升运营效率。
CBSH vs PRGS — 直观对比
营收规模更大
CBSH
是对方的1.9倍
$252.7M
营收增速更快
PRGS
高出6.4%
11.1%
净利率更高
CBSH
高出19.6%
10.2%
两年增速更快
PRGS
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $252.7M |
| 净利润 | $141.6M | $25.7M |
| 毛利率 | — | 81.6% |
| 营业利润率 | — | 15.2% |
| 净利率 | 29.8% | 10.2% |
| 营收同比 | 11.1% | 17.5% |
| 净利润同比 | 10.5% | 2144.6% |
| 每股收益（稀释后） | $0.96 | $0.59 |
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CBSHPRGS
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $252.7M | ||
| Q3 25 | $441.0M | $249.8M | ||
| Q2 25 | $445.8M | $237.4M | ||
| Q1 25 | $428.1M | $238.0M | ||
| Q4 24 | $422.1M | $215.0M | ||
| Q3 24 | $421.4M | $178.7M | ||
| Q2 24 | $414.5M | $175.1M |
净利润CBSHPRGS
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $25.7M | ||
| Q3 25 | $141.5M | $19.4M | ||
| Q2 25 | $152.5M | $17.0M | ||
| Q1 25 | $131.6M | $10.9M | ||
| Q4 24 | $136.1M | $1.1M | ||
| Q3 24 | $138.0M | $28.5M | ||
| Q2 24 | $139.6M | $16.2M |
毛利率CBSHPRGS
| Q1 26 | — | — | ||
| Q4 25 | — | 81.6% | ||
| Q3 25 | — | 81.0% | ||
| Q2 25 | — | 80.1% | ||
| Q1 25 | — | 80.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | — | 83.7% | ||
| Q2 24 | — | 81.7% |
营业利润率CBSHPRGS
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 15.2% | ||
| Q3 25 | 41.9% | 17.6% | ||
| Q2 25 | 44.0% | 16.3% | ||
| Q1 25 | 39.2% | 13.6% | ||
| Q4 24 | 41.2% | 10.0% | ||
| Q3 24 | 42.4% | 22.6% | ||
| Q2 24 | 43.4% | 15.5% |
净利率CBSHPRGS
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 10.2% | ||
| Q3 25 | 32.1% | 7.8% | ||
| Q2 25 | 34.2% | 7.2% | ||
| Q1 25 | 30.7% | 4.6% | ||
| Q4 24 | 32.2% | 0.5% | ||
| Q3 24 | 32.8% | 15.9% | ||
| Q2 24 | 33.7% | 9.2% |
每股收益（稀释后）CBSHPRGS
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $0.59 | ||
| Q3 25 | $1.06 | $0.44 | ||
| Q2 25 | $1.14 | $0.39 | ||
| Q1 25 | $0.98 | $0.24 | ||
| Q4 24 | $0.83 | $0.01 | ||
| Q3 24 | $1.01 | $0.65 | ||
| Q2 24 | $1.03 | $0.37 |
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 | — | $94.8M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $4.3B | $478.3M |
| 总资产 | $35.7B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资CBSHPRGS
| Q1 26 | — | — | ||
| Q4 25 | — | $94.8M | ||
| Q3 25 | — | $99.0M | ||
| Q2 25 | — | $102.0M | ||
| Q1 25 | — | $124.2M | ||
| Q4 24 | — | $118.1M | ||
| Q3 24 | — | $232.7M | ||
| Q2 24 | — | $190.4M |
总债务CBSHPRGS
| Q1 26 | — | — | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CBSHPRGS
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $478.3M | ||
| Q3 25 | $3.8B | $477.7M | ||
| Q2 25 | $3.6B | $452.7M | ||
| Q1 25 | $3.5B | $431.8M | ||
| Q4 24 | $3.3B | $438.8M | ||
| Q3 24 | $3.4B | $425.6M | ||
| Q2 24 | $3.1B | $401.7M |
总资产CBSHPRGS
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $2.5B | ||
| Q3 25 | $32.3B | $2.4B | ||
| Q2 25 | $32.3B | $2.4B | ||
| Q1 25 | $32.4B | $2.5B | ||
| Q4 24 | $32.0B | $2.5B | ||
| Q3 24 | $31.5B | $1.6B | ||
| Q2 24 | $30.6B | $1.6B |
负债/权益比CBSHPRGS
| Q1 26 | — | — | ||
| Q4 25 | — | 2.93× | ||
| Q3 25 | — | 2.97× | ||
| Q2 25 | — | 3.22× | ||
| Q1 25 | — | 3.50× | ||
| Q4 24 | — | 3.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $62.8M |
| 自由现金流经营现金流 - 资本支出 | — | $59.9M |
| 自由现金流率自由现金流/营收 | — | 23.7% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.44× |
| 过去12个月自由现金流最近4个季度 | — | $229.5M |
8季度趋势，按日历期对齐
经营现金流CBSHPRGS
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $62.8M | ||
| Q3 25 | $129.0M | $73.4M | ||
| Q2 25 | $111.2M | $30.0M | ||
| Q1 25 | $138.6M | $68.9M | ||
| Q4 24 | $577.9M | $19.7M | ||
| Q3 24 | $431.7M | $57.7M | ||
| Q2 24 | $147.4M | $63.7M |
自由现金流CBSHPRGS
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $59.9M | ||
| Q3 25 | $113.3M | $72.4M | ||
| Q2 25 | $100.5M | $29.5M | ||
| Q1 25 | $126.0M | $67.7M | ||
| Q4 24 | $531.7M | $16.8M | ||
| Q3 24 | $419.1M | $56.6M | ||
| Q2 24 | $138.9M | $62.7M |
自由现金流率CBSHPRGS
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 23.7% | ||
| Q3 25 | 25.7% | 29.0% | ||
| Q2 25 | 22.5% | 12.4% | ||
| Q1 25 | 29.4% | 28.4% | ||
| Q4 24 | 126.0% | 7.8% | ||
| Q3 24 | 99.5% | 31.7% | ||
| Q2 24 | 33.5% | 35.8% |
资本支出强度CBSHPRGS
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 1.1% | ||
| Q3 25 | 3.6% | 0.4% | ||
| Q2 25 | 2.4% | 0.2% | ||
| Q1 25 | 2.9% | 0.5% | ||
| Q4 24 | 10.9% | 1.3% | ||
| Q3 24 | 3.0% | 0.6% | ||
| Q2 24 | 2.1% | 0.5% |
现金转化率CBSHPRGS
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 2.44× | ||
| Q3 25 | 0.91× | 3.78× | ||
| Q2 25 | 0.73× | 1.76× | ||
| Q1 25 | 1.05× | 6.30× | ||
| Q4 24 | 4.25× | 17.13× | ||
| Q3 24 | 3.13× | 2.03× | ||
| Q2 24 | 1.06× | 3.93× |
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
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
