CBSH (Commerce Bancshares) Tax Rate %: 22.07% (As of Mar. 2026)


CBSH Commerce Bancshares Inc CBSH
78 GF Score
Price $58.06
GF Value $58.27
Valuation Fairly Valued
! 3 Warning Signs
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What is Commerce Bancshares Tax Rate %?

Commerce Bancshares CBSH -1.21% 78 Tax Rate % is 22.07% as of Mar. 2026. GuruFocus rates CBSH with a GF Score™ of 78/100 and a GF Value™ of $58.27 (Fairly Valued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Commerce Bancshares's Tax Expense for the three months ended in Mar. 2026 was $41 Mil. Commerce Bancshares's Pre-Tax Income for the three months ended in Mar. 2026 was $185 Mil. Therefore, Commerce Bancshares's Tax Rate % for the quarter that ended in Mar. 2026 was 22.07%.

Commerce Bancshares Tax Rate % Related Terms

Commerce Bancshares Tax Rate % Historical Data

* Premium members only.

The historical data trend for Commerce Bancshares's Tax Rate % 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 Tax Rate % Chart

Commerce Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.23 20.93 21.71 21.35 22.02

Commerce Bancshares Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 22.06 21.61 22.27 22.16 22.07
CBSH
78GF Score
Commerce Bancshares Inc CBSH
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Commerce Bancshares Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Commerce Bancshares's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=161.136/731.835
=22.02 %

Commerce Bancshares's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=40.881/185.252
=22.07 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 22.07% mean?
Commerce Bancshares (CBSH) has a Tax Rate % of 22.07% as of Mar. 2026.
Is Commerce Bancshares' Tax Rate % too high?
Commerce Bancshares' current Tax Rate % is 22.07%. 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' Tax Rate % compare to BOKF and VLY?
Commerce Bancshares' Tax Rate % of 22.07% 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 Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Commerce Bancshares's current Tax Rate % is 22.07%. 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 $58.27, compared to a current price of $58.06 — trading 0.4% below its estimated fair value. The current Tax Rate % is 22.07%. Commerce Bancshares' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Commerce Bancshares (CBSH), the current Tax Rate % is 22.07% 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 undervalued. The current stock price of $58.06 is trading 0.4% below its estimated GF Value™ of $58.27. GuruFocus considers Commerce Bancshares to be Fairly Valued.

Key valuation signals for CBSH:

  • Tax Rate %: 22.07%
  • GF Value™: $58.27 vs. price of $58.06 (0.4% below fair value)
  • GF Score™: 78/100 with 3 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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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$58.06
Price
$58.27
GF Value