Financial Statements

Commerce Bancshares, Inc. (CBSH)

$68.75

+0.58 (+0.85%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 73202241221-
Net Income 531354421434319
Stock Dividends -389-355-338-3053
Dividend Paid -123-128-122-109-101
Retained Earnings 9273202241221

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 371371333335-
Annual Depreciation 74348031366
Capital Expenditure -57-33-43-33-31
Net PPE 389371371333335

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -139139139139
New Purchases -1,854-2,090-1,863-6,991-5,948
Intangible and Goodwill 139139139139139

Commerce Bancshares, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Commerce Bancshares, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.