Commerce Bancshares Files 2024 Annual Report
Ticker: CBSH · Form: 10-K · Filed: Feb 25, 2025 · CIK: 22356
Sentiment: neutral
Topics: annual-report, financials, banking
Related Tickers: CBSH
TL;DR
CBSH filed its 2024 10-K. All looks standard for a bank.
AI Summary
Commerce Bancshares Inc. reported its fiscal year results for 2024, ending December 31, 2024. The company, headquartered in Kansas City, MO, operates under the SIC code 6022 for Commercial Banks. The filing details various financial aspects, including property, plant, and equipment, liabilities, non-interest income, labor expenses, and investment gains and losses.
Why It Matters
This 10-K filing provides a comprehensive overview of Commerce Bancshares' financial performance and position for the fiscal year 2024, crucial for investors and stakeholders to assess the company's health and future prospects.
Risk Assessment
Risk Level: low — This is a standard annual report filing for a well-established financial institution, with no immediate red flags apparent in the provided metadata.
Key Numbers
- 2024 — Fiscal Year (Reporting period for the 10-K)
- 1231 — Fiscal Year End (Indicates the end date of the reporting period)
- 20250225 — Filing Date (Date the report was submitted to the SEC)
Key Players & Entities
- COMMERCE BANCSHARES INC /MO/ (company) — Filer
- 20241231 (date) — Fiscal Year End
- 20250225 (date) — Filing Date
- KANSAS CITY (location) — Company Headquarters
- MO (location) — State of Incorporation
- 6022 (number) — Standard Industrial Classification
FAQ
What were the total revenues for Commerce Bancshares in 2024?
The provided metadata does not contain specific revenue figures for 2024. A detailed review of the full 10-K document is required to ascertain this information.
What is the company's net income for the fiscal year ended December 31, 2024?
Specific net income figures are not available in the provided metadata. The full 10-K filing would contain this financial detail.
How much did Commerce Bancshares invest in Property, Plant, and Equipment in 2024?
The filing references 'PropertyPlantAndEquipmentNet' under US GAAP, but the specific dollar amount for 2024 investments is not present in the metadata.
What were the total liabilities reported as of December 31, 2024?
The metadata indicates 'OtherLiabilities' are reported, but a specific total liability amount for December 31, 2024, is not provided.
Did Commerce Bancshares report any gains or losses on investments in 2024?
Yes, the filing references 'GainLossOnInvestments' and 'OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax', indicating that investment performance is a reported item.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 25, 2025 regarding COMMERCE BANCSHARES INC /MO/ (CBSH).