Commerce Bancshares Inc

10-Year Study

CBSH.US · Financial Services · US · Common Stock

Executive Summary: Commerce Bancshares Inc has compounded at 5.1% annually over the last 10 years, with a maximum drawdown of 40.3% and an annualized volatility of 20.6%.

1Y CAGR
-16.0%
3Y CAGR
+9.0%
5Y CAGR
-3.1%
10Y CAGR
+5.1%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
40.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.18
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.29
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
21.6%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2024 · +24.7%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · -15.8%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.6-3.1-3.52.5————————-3.6%
20257.2-2.6-3.9-2.43.7-0.9-1.61.2-3.1-11.92.42.5-10.2%
2024-2.4-0.22.72.81.80.816.0-1.2-6.75.218.0-11.024.7%
2023-2.2-0.6-11.4-4.3-14.12.29.2-7.7-1.7-8.615.311.5-15.8%
20220.24.20.1-4.51.2-4.75.8-1.0-3.47.15.8-8.80.6%
20211.810.73.91.60.1-3.9-5.1-0.0-1.11.2-1.03.811.5%
2020-0.4-9.8-17.121.54.2-6.3-3.74.0-5.110.66.05.03.4%
20196.15.2-7.34.1-5.14.52.0-6.26.86.14.11.822.7%
20184.8-1.34.16.01.70.63.26.4-6.8-3.74.4-10.67.6%
2017-2.24.4-4.5-2.2-2.66.62.1-5.35.50.7-2.3-1.4-1.8%
2016———4.24.5-1.6-1.37.2-2.31.110.55.530.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 20.6%. The dominant macroeconomic risk driver is IJR.US, accounting for 62.9% of variance. Idiosyncratic stock-specific factors contribute 25.5%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110415.996550151815
2016-05-0110885.40212292912
2016-06-0110707.92581412529
2016-07-0110571.557839744653
2016-08-0111329.393342782714
2016-09-0111063.974182693497
2016-10-0111189.73811552043
2016-11-0112361.307973178844
2016-12-0113037.881171110348
2017-01-0112749.239160018522
2017-02-0113310.758507092338
2017-03-0112716.896833279723
2017-04-0112442.853052726829
2017-05-0112121.338512818518
2017-06-0112925.054168978937
2017-07-0113200.264394102738
2017-08-0112506.618689269768
2017-09-0113196.977141221092
2017-10-0113286.051090272204
2017-11-0112986.840384431853
2017-12-0112807.950203420864
2018-01-0113420.368949952459
2018-02-0113250.633591482832
2018-03-0113797.660748433254
2018-04-0114629.052953048838
2018-05-0114873.193336420287
2018-06-0114958.131709265457
2018-07-0115441.251842452222
2018-08-0116425.978487934368
2018-09-0115313.57918214562
2018-10-0114752.271915902878
2018-11-0115405.975730883563
2018-12-0113780.305467090357
2019-01-0114618.802379546922
2019-02-0115383.954671257039
2019-03-0114257.27525617597
2019-04-0114839.295750253614
2019-05-0114078.066953918371
2019-06-0114718.23294251549
2019-07-0115006.87495360732
2019-08-0114079.268745294457
2019-09-0115034.904970114278
2019-10-0115954.55814726186
2019-11-0116616.462421044074
2019-12-0116910.936654990437
2020-01-0116841.23275517742
2020-02-0115193.435391342155
2020-03-0112588.72931770062
2020-04-0115299.016298411869
2020-05-0115934.05700025803
2020-06-0114933.813107302296
2020-07-0114378.8329191866
2020-08-0114958.944685784576
2020-09-0114203.336031472796
2020-10-0115707.165857813941
2020-11-0116643.290646174948
2020-12-0117481.716865021157
2021-01-0117787.714157455877
2021-02-0119698.20897738158
2021-03-0120457.776473873408
2021-04-0120778.23060962635
2021-05-0120796.929069566046
2021-06-0119981.336886865483
2021-07-0118954.936358077273
2021-08-0118952.25000088367
2021-09-0118746.42555432627
2021-10-0118969.74666944728
2021-11-0118778.697187454713
2021-12-0119495.176928433324
2022-01-0119543.42531750268
2022-02-0120357.356200359834
2022-03-0120385.20948284089
2022-04-0119468.313356497274
2022-05-0119698.986607095518
2022-06-0118770.001873380676
2022-07-0119867.908989046027
2022-08-0119662.04919568345
2022-09-0118994.029924605264
2022-10-0120337.63268306994
2022-11-0121508.955113092103
2022-12-0119615.214678821256
2023-01-0119180.095507067595
2023-02-0119061.96648415933
2023-03-0116886.79478705317
2023-04-0116163.281031843937
2023-05-0113876.978979254962
2023-06-0114176.64919356264
2023-07-0115480.769570642356
2023-08-0114290.183131797632
2023-09-0114048.304943957639
2023-10-0112841.989176808254
2023-11-0114806.670649073383
2023-12-0116512.64885423331
2024-01-0116113.830851398496
2024-02-0116089.088087773187
2024-03-0116530.25156321246
2024-04-0116990.11349859143
2024-05-0117288.369840691947
2024-06-0117418.234002919646
2024-07-0120206.81415710241
2024-08-0119972.606225986263
2024-09-0118628.11979739211
2024-10-0119600.262980230535
2024-11-0123128.33364556344
2024-12-0120593.755633397075
2025-01-0122077.685208422437
2025-02-0121499.34078208341
2025-03-0120659.005835757536
2025-04-0120164.362644082412
2025-05-0120917.921183693812
2025-06-0120730.194301388074
2025-07-0120406.735687194916
2025-08-0120653.49173414961
2025-09-0120015.870715525376
2025-10-0117627.76986402084
2025-11-0118056.491264037097
2025-12-0118500.517830695873
2026-01-0118606.558246232915
2026-02-0118023.335960779186
2026-03-0117390.628148074837
2026-04-0117832.463212812512
Annual Return Matrix
YearAnnual Return
2017-0.01763560847593626
20180.07591810150930978
20190.22718155235212656
20200.033752134590503635
20210.1151751901119542
20220.0061573050005439
2023-0.15817139273718062
20240.24715034003266556
2025-0.10164429645394935
2026-0.036110049675200595
Total Factor Risk
0.205622515721126
VTI.US Exposure
0.13313789560237851
VEA.US Exposure
-0.10871723216792924
VWO.US Exposure
0.007807848097041532
QQQ.US Exposure
-0.04712546996221058
VTV.US Exposure
0.0852603049151751
IJR.US Exposure
0.6292645969836351
QUAL.US Exposure
-0.09497103140661879
SHV.US Exposure
0.0010360071816258617
TLT.US Exposure
0.020258300949729188
LQD.US Exposure
0.06055505367139995
HYG.US Exposure
-0.009190632487546932
GLD.US Exposure
0.002770486149626611
USO.US Exposure
0.005625488238264303
VNQ.US Exposure
0.005979681342337346
BTC-USD.CC Exposure
0.0016680377854157169
CPER.US Exposure
0.016485300751552065
VIX.INDX Exposure
0.008125965148438975
UUP.US Exposure
0.020827951244747754
TIP.US Exposure
0.0066855922863783505
Idiosyncratic Exposure
0.254515855676559
Value Score
45.1
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
25.6
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
20.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →12.3x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →2.13%
Market Cap$7.4B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$97
Avg Yield on Cost
0.97%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$97.20.97%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.8%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-6.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
19.1% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.59
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Commerce Bancshares Inc a high-risk investment?

Commerce Bancshares Inc (CBSH.US) has an annualized volatility of 20.6% and experienced a maximum drawdown of 40.3% over the last 10 years. Its primary macro risk driver is IJR.US.

What is the 10-year return of CBSH.US?

Over the past 10 years, CBSH.US has generated a Compound Annual Growth Rate (CAGR) of 5.1%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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