CBSH (Commerce Bancshares) Intangible Assets: $400 Mil (As of Mar. 2026)


CBSH Commerce Bancshares Inc CBSH
78 GF Score
Price $58.37
GF Value $58.35
Valuation Fairly Valued
! 2 Warning Signs
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What is Commerce Bancshares Intangible Assets?

Commerce Bancshares CBSH +0.15% 78 Intangible Assets is $400 Mil as of Mar. 2026. GuruFocus rates CBSH with a GF Score™ of 78/100 and a GF Value™ of $58.35 (Fairly Valued). The stock has 2 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Commerce Bancshares's intangible assets for the quarter that ended in Mar. 2026 was $400 Mil.


Commerce Bancshares  (NAS:CBSH) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Commerce Bancshares Intangible Assets Related Terms


Commerce Bancshares Intangible Assets Historical Data

* Premium members only.

The historical data trend for Commerce Bancshares's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Commerce Bancshares Intangible Assets Chart

Commerce Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 154.49 154.16 160.72 160.17 159.85

Commerce Bancshares Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 159.98 159.87 159.87 159.85 399.79
CBSH
78GF Score
Commerce Bancshares Inc CBSH
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Commerce Bancshares Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of $400 Mil mean?
Commerce Bancshares (CBSH) has a Intangible Assets of $400 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Commerce Bancshares and its competitors.
Is Commerce Bancshares' Intangible Assets too high?
Commerce Bancshares' current Intangible Assets is $400 Mil. Overall, Commerce Bancshares has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Commerce Bancshares' Intangible Assets compare to BOKF and VLY?
Commerce Bancshares' Intangible Assets of $400 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Banks company?
A good Intangible Assets depends on the Banks industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Commerce Bancshares and its competitors. Commerce Bancshares's current Intangible Assets is $400 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commerce Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Commerce Bancshares (CBSH) is currently considered Fairly Valued. The stock's GF Value™ is $58.35, compared to a current price of $58.37 — trading 0% above its estimated fair value. The current Intangible Assets is $400 Mil. Commerce Bancshares' overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Commerce Bancshares (CBSH), the current Intangible Assets is $400 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Commerce Bancshares (CBSH) Overvalued in 2026?

Based on GuruFocus' analysis, Commerce Bancshares stock appears to be overvalued. The current stock price of $58.37 is trading 0% above its estimated GF Value™ of $58.35. GuruFocus considers Commerce Bancshares to be Fairly Valued.

Key valuation signals for CBSH:

  • Intangible Assets: $400 Mil
  • GF Value™: $58.35 vs. price of $58.37 (0% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the CBSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Commerce Bancshares Business Description

Address 1000 Walnut, Kansas City, MO, USA, 64106
Commerce Bancshares Inc operates as the bank holding company for Commerce Bank. The bank is engaged in the general banking business, providing a broad range of retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals, businesses, and municipalities. The company has three reportable segments. The Commercial segment provides lending, leasing, deposit, payment, and cash management services to business and government customers. The Retail Banking segment offers consumer deposits, consumer lending, mortgage banking, and debit and credit card services through its branch network. The Wealth segment provides trust, estate planning, brokerage, and investment management services to individual and institutional clients.
78GF Score

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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$58.37
Price
$58.35
GF Value