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Commerce Bancshares CBSH Consumer Brokerage Services — Contractwith Customer Receivable

Discontinued — last reported Q4 '23

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Other financials

Income statement

See full
Revenue$475.7M+11.1%
Net income$141.6M+7.6%
EPS (diluted)$0.96+3.2%

Balance sheet

See full
Total debt$31.5M+0.8%
Total equity$4.3B+23.7%
Total assets$35.7B+10.4%

Cash flow

See full
Operating cash flow$684.8M+394%
CapEx$6.4M-49.4%
Free cash flow$678.4M+438%

Valuation

See full
Market cap$7.98B-13.4%
P/E13.8×-3.0×
P/S4.4×-1.1×

Profitability

See full
Net margin31.8%-0.5pp
FCF margin63.2%

Returns & leverage

See full
Return on equity14.8%-2.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Commerce Bancshares in its filing.

Tagged under the XBRL concept cbsh:ContractwithCustomerReceivable.

The official record: Commerce Bancshares’s 10-K, filed February 22, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Commerce Bancshares's consumer brokerage services — contractwith customer receivable?
Commerce Bancshares (CBSH) reported consumer brokerage services — contractwith customer receivable of $8K in Q4 2023.
What does consumer brokerage services — contractwith customer receivable mean?
This metric tracks the outstanding receivables arising from contracts with customers specifically within the consumer brokerage and investment services business line. It captures the financial obligation owed to the institution for services rendered, such as executed trades or advisory consultations, before cash settlement. Monitoring this balance provides insight into the timing of revenue recognition and the operational efficiency of the brokerage billing cycle.