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Acquisitions at other companies

U.S. Bancorp logo
U.S. BancorpUSB
-$859M-6,024%
First Busey Corporation logo
First Busey CorporationBUSE
$0
Equity Bancshares logo
Equity BancsharesEQBK
$6.01M
Bank First Corporation logo
Bank First CorporationBFC
$169.49M

Other financials

Income statement

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Revenue$498.9M+11.9%
Net income$159.8M+4.8%
EPS (diluted)$1.10+0.9%

Balance sheet

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Total debt$31.5M+0.8%
Total equity$4.4B+19.7%
Total assets$35.3B+9.2%

Cash flow

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Operating cash flow$181.9M+63.6%
CapEx$12.8M+19.5%
Free cash flow$169.1M+68.2%

Valuation

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Market cap$8.58B+6.8%
P/E14.7×+0.3×
P/S4.6×-0.1×

Profitability

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Net margin31.3%-1.2pp
FCF margin65.1%

Returns & leverage

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Return on equity14.6%-1.9pp
Debt / equity0.0×

Where this comes from

Reported directly by Commerce Bancshares in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Commerce Bancshares’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 3:29 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000022356-26-000133
(In thousands)For the Three Months Ended March 31 / 2026For the Three Months Ended March 31 / 2025
Other changes, net(76,107)(53,184)
Net cash provided by (used in) operating activities684,795138,604
INVESTING ACTIVITIES:
Cash received in acquisition501,360
Proceeds from sales of investment securities (A)17,6626,757
Proceeds from maturities/pay downs of investment securities (A)450,272542,456
Purchases of investment securities (A)(39,012)(514,579)
Net (increase) decrease in loans(67,168)(170,573)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Commerce Bancshares's acquisitions?
Commerce Bancshares (CBSH) reported acquisitions of -$501.36M in Q1 2026.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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