Commerce Bancshares (CBSH) vs Zions Bancorporation N.A. (ZION)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Zions Bancorporation N.A. (ZION) has outperformed Commerce Bancshares (CBSH) over the past year, gaining 11.9% versus a loss of 2.4%. Over five years, ZION leads with a +0.6% price change compared with -7.2% for CBSH. Zions Bancorporation N.A. is the larger company by market cap ($9.12 billion vs $7.80 billion), about 1.2 times the size, while Commerce Bancshares is growing revenue faster (+9.8% vs +3.6%).
On valuation, Zions Bancorporation N.A. trades at a lower forward P/E (9.2x vs 11.8x for Commerce Bancshares). Zions Bancorporation N.A. offers the higher dividend yield (2.88% vs 1.97%). Commerce Bancshares converts more of its revenue into profit, with a net margin of 3066.8% versus 135.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CBSH | ZION |
|---|---|---|
| Share price | $54.39 | $62.49 |
| Market cap | $7.80B | $9.12B |
| 1-day change | -0.40% | -0.38% |
| YTD return | +3.92% | +6.75% |
| 1-year return | -2.44% | +11.93% |
| 5-year return | -7.20% | +0.56% |
| P/E ratio (TTM) | 13.33 | 7.96 |
| Forward P/E | 11.84 | 9.17 |
| EPS (TTM) | $4.08 | $7.85 |
| Dividend yield | 1.97% | 2.88% |
| Annual dividend | $1.07 | $1.80 |
| Revenue (latest FY) | $18.46M | $662.00M |
| Revenue growth (YoY) | +9.80% | +3.60% |
| Net income (latest FY) | $566.25M | $899.00M |
| Net margin | 3066.78% | 135.80% |
| 52-week high | $60.92 | $73.34 |
| 52-week low | $46.99 | $46.19 |
| Distance from 52-week high | -10.72% | -14.79% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +20.94% | +17.04% |
| Average volume | 1.02M | 1.51M |
| Shares outstanding | 143.43M | 145.95M |
| Employees | 4,976 | 9,039 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ZION has outperformed CBSH by 14.4 percentage points over the past year.
- Commerce Bancshares trades at a higher earnings multiple (13.3x vs 8.0x trailing P/E).
- Commerce Bancshares is more profitable, keeping 3066.8 cents of every revenue dollar as net income versus 135.8 cents for Zions Bancorporation N.A..
- Commerce Bancshares grew revenue faster in its latest fiscal year (+9.80% vs +3.60%).
About Commerce Bancshares
CBSH stock →Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States.
Finance · Major Banks · 4,976 employees
About Zions Bancorporation N.A.
ZION stock →Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.
Finance · Major Banks · 9,039 employees
CBSH vs ZION FAQ
Which is bigger, Commerce Bancshares or Zions Bancorporation N.A.?
Zions Bancorporation N.A. (ZION) is larger, with a market capitalization of $9.12B compared with $7.80B for Commerce Bancshares (CBSH).
Which stock has performed better over the past year, CBSH or ZION?
ZION returned +11.93% over the past 12 months, compared with -2.44% for CBSH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CBSH or ZION?
ZION has the lower trailing P/E at 8.0, versus 13.3 for CBSH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Commerce Bancshares or Zions Bancorporation N.A.?
Zions Bancorporation N.A. has the higher yield at 2.88%, compared with 1.97% for Commerce Bancshares.
Are Commerce Bancshares and Zions Bancorporation N.A. in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.