Peer Analysis

Performance Ratios (%) CBSH Peer Median Peer Average
ROAA 1.75 1.34 1.29
ROAE 15.29 9.94 9.98
Net Interest Margin 3.57 3.55 3.59
Efficiency Ratio 55.46 56.93 54.76
Loans / Deposits 70.69 94.96 89.92
Asset Quality Ratios (%)
NPAs / Assets 0.34 0.56 0.61
NCOs / Avg Loans 0.31 0.16 0.19
Reserves / Loans 1.14 0.71 0.74
Reserves / NPAs 189.24 82.39 107.19
Capital Ratios (%)
Tier 1 Capital 15.15 11.77 11.82
Tangible Equity / Tangible Assets 11.66 9.27 9.47
Total Equity / Total Assets 12.16 12.30 13.05
Market Ratios
Price / Earnings (x) 16.07 12.18 12.45
Price / Book (%) 231.08 109.07 119.17
Dividend Yield (%) 1.73 2.85 2.74
Data for trailing four quarters

Commerce Bancshares, Inc.'s peer group consists of the following: Bank OZK (OZK), Chemical Financial Corporation (CHFC), Cullen/Frost Bankers, Inc. (CFR), First National of Nebraska, Inc. (FINN), Fulton Financial Corporation (FULT), Hancock Whitney Corporation (HWC), IBERIABANK Corporation (IBKC), Investors Bancorp, Inc. (ISBC), Old National Bancorp (ONB), Pinnacle Financial Partners, Inc. (PNFP), Prosperity Bancshares, Inc. (PB), Sterling Bancorp (STL), TCF Financial Corporation (TCF), UMB Financial Corporation (UMBF), Umpqua Holdings Corporation (UMPQ), United Bankshares, Inc. (UBSI), Valley National Bancorp (VLY), Webster Financial Corporation (WBS), Wintrust Financial Corporation (WTFC)

Commerce Bancshares, Inc.'s financial data is as of 3/31/2019.

Peer financial data is as of 3/31/2019