Name | Value |
---|---|
Revenues | 499.9M |
Cost of Revenue | -7.4M |
Gross Profit | 507.3M |
Operating Expense | 75.3M |
Operating I/L | 155.1M |
Other Income/Expense | -35.4M |
Interest Income | 358.7M |
Pretax | 147.1M |
Income Tax Expense | 31.7M |
Net Income/Loss | 112.7M |
Commerce Bancshares, Inc. operates as a bank holding company providing a range of retail, mortgage banking, corporate, investment, trust, and asset management products and services in the United States. The company generates revenue through consumer banking products such as deposits, loans, and credit cards, as well as commercial services including lending, leasing, and cash management. Additionally, it offers wealth management services including trust and estate planning, investment portfolio management, and brokerage services. The company also engages in private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, along with online and mobile banking services.