Peer Analysis

Performance Ratios (%) CBSH Peer Median Peer Average
ROAA 1.14 0.87 0.93
ROAE 11.20 8.35 8.54
Net Interest Margin 3.08 3.29 3.30
Efficiency Ratio 60.46 64.08 63.77
Loans / Deposits 64.35 79.93 81.29
Asset Quality Ratios (%)
NPAs / Assets 0.24 0.74 0.75
NCOs / Avg Loans 0.24 0.20 0.16
Reserves / Loans 1.16 1.26 1.13
Reserves / NPAs 258.24 103.53 133.92
Capital Ratios (%)
Tier 1 Capital 12.75 11.06 11.26
Tangible Equity / Tangible Assets 9.62 8.87 8.82
Total Equity / Total Assets 10.13 10.73 10.80
Market Ratios
Price / Earnings (x) 20.92 18.95 18.51
Price / Book (%) 235.43 148.25 149.55
Dividend Yield (%) 1.61 1.97 1.69
Data for trailing four quarters

Commerce Bancshares, Inc.'s peer group consists of the following: Associated Banc-Corp (ASB), BOK Financial Corporation (BOKF), City National Corporation (CYN), Cullen/Frost Bankers, Inc. (CFR), FirstMerit Corporation (FMER), MB Financial, Inc. (MBFI), PrivateBancorp, Inc. (PVTB), TCF Financial Corporation (TCF), UMB Financial Corporation (UMBF), Wintrust Financial Corporation (WTFC), Zions Bancorporation (ZION)

Commerce Bancshares, Inc.'s financial data is as of 3/31/2017.

Peer financial data is as of 3/31/2017 except for these companies:

City National Corporation's financial data is as of 9/30/2015.
FirstMerit Corporation's financial data is as of 6/30/2016.