COMMERCE BANCSHARES, INC. CBSHP Cash Flow

Commerce bancshares, inc. (CBSHP)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
OPERATING ACTIVITIES:
Net income
375,260	422,712	426,194	430,183	433,208	438,214	422,437	382,594	350,259	319,900	297,291	292,215	283,034	276,854	268,905	264,968	270,483	266,975	266,292	270,100	260,677	262,784	264,867	264,291	264,430	261,117	261,895	260,236	265,433	271,439	267,883	267,106	265,487	259,623	258,801	248,813	238,655	221,875	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses
95,928	50,438	47,488	46,524	44,761	42,694	43,092	43,797	44,512	45,244	42,990	39,549	38,007	36,318	35,104	36,205	33,746	28,727	24,205	23,493	24,291	29,531	30,410	26,904	26,728	20,353	23,136	24,571	22,407	27,287	31,104	36,918	43,891	51,515	61,019	71,468	81,467	100,000	0	0	0
Provision for depreciation and amortization
41,760	41,145	40,584	39,796	39,025	38,679	39,035	39,022	39,333	39,732	39,453	40,130	40,802	40,929	41,700	42,205	42,255	42,803	42,842	42,557	42,489	42,303	42,353	42,160	42,028	41,944	42,035	42,418	42,851	43,448	44,027	44,858	45,896	46,743	47,314	47,792	48,228	48,924	0	0	0
Amortization of investment security premiums, net
-27,995	-27,631	-27,902	-27,370	-28,989	-26,224	-26,008	-29,275	-33,425	-35,423	-36,309	-33,306	-29,536	-31,493	-32,726	-30,835	-28,707	-32,618	-31,987	-32,685	-31,635	-23,211	-22,052	-21,515	-24,555	-30,419	-29,089	-36,603	-36,790	-36,238	-39,555	-33,421	-28,246	-18,972	-14,206	-15,296	-18,885	-21,635	0	0	0
Investment securities (gains) losses, net
-8,750	3,626	-3,255	-3,858	-6,823	-488	33,850	26,507	31,233	25,051	1,493	2,565	170	-53	-5,184	-3,597	-710	6,320	11,450	14,823	10,122	14,124	9,132	6,787	7,777	-4,425	-6,811	-4,281	-1,377	4,828	13,498	12,905	13,525	10,812	7,074	4,503	3,207	-1,785	0	0	0
Net gains on sales of loans held for sale
9,991	10,127	9,481	8,283	7,152	6,370	6,578	7,132	8,289	8,008	7,126	6,517	5,747	5,850	5,816	4,722	3,578	3,076	2,184	1,234	467	0	0	0	0	-	-	-	-	376	862	1,268	1,827	2,040	5,300	9,083	10,404	10,402	0	0	0
Origination of loans held for sale
231,873	244,976	242,170	222,898	206,163	203,775	202,909	208,304	225,414	216,064	210,253	189,532	174,176	163,469	143,378	123,936	109,402	103,199	75,589	50,143	17,806	0	0	0	0	-	-	-	-	-	-	-	-	52,995	68,950	84,088	587,612	344,360	0	0	0
Proceeds from sales and repayments of held for sale
252,868	259,153	246,138	229,150	207,682	208,431	207,422	214,621	230,182	215,373	207,717	184,812	172,655	160,875	142,586	122,706	104,904	97,813	72,973	43,593	15,575	0	0	0	0	-	-	-	-	22,720	43,316	58,943	82,680	87,732	282,417	540,293	630,611	635,743	0	0	0
Net (increase) decrease in trading securities
16,876	-3,863	9,819	-13,153	-8,898	14,277	4,535	22,355	18,721	-7,585	-3,752	1,307	-5,400	-73,780	3,741	3,551	5,541	86,045	3,592	2,150	4,953	-16,005	64	-10,738	-8,346	-1,358	-878	-1,826	-11,264	9,645	-10,749	1,278	10,955	-2,354	-12,032	-819	-184	928	0	0	0
Stock-based compensation
14,103	13,854	13,651	13,326	13,031	12,841	12,511	12,304	12,260	12,105	11,773	11,433	11,249	11,525	11,346	11,182	10,818	10,147	9,900	9,613	9,308	8,829	8,453	8,147	7,465	6,427	5,901	5,194	4,817	5,001	4,822	4,914	4,882	4,731	4,966	5,007	5,437	6,021	0	0	0
(Increase) decrease in interest receivable
-3,203	-3,316	-992	1,665	6,570	4,258	5,723	5,748	3,029	4,459	7,068	4,130	3,855	3,642	2,671	4,314	4,677	4,992	2,622	2,907	1,552	2,185	1,675	-3,222	-1,818	-3,234	-1,115	1,230	681	-3,149	-3,795	-3,580	-3,060	2,010	-9,310	-11,458	-10,833	-12,041	0	0	0
Increase (decrease) in interest payable
717	5,586	7,386	7,159	5,577	2,137	950	129	-733	38	615	358	866	1,107	701	594	589	336	-49	-420	-228	-230	-527	-1,342	-1,790	-1,569	-1,524	-1,325	-1,140	-1,272	-1,272	-2,097	-4,553	-4,598	-7,223	-8,319	-7,272	-9,462	0	0	0
Increase (decrease) in income taxes payable
1,978	14,465	5,711	10,157	10,691	12,288	2,221	-3,447	-26,765	-27,685	2,923	5,919	-468	4,509	-2,792	-5,816	12,962	11,733	11,776	3,247	-5,162	344	-3,966	19,775	1,853	-1,663	-641	-22,113	-9,997	-13,395	-5,915	10,924	10,963	14,519	21,091	710	11,241	2,714	0	0	0
Net tax benefit related to equity compensation plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,264	2,421	1,907	1,850	2,006	1,885	1,622	1,003	1,315	1,559	1,626	2,094	1,273	854	2,431	1,065	3,377	3,159	1,281	1,178	0	0	0
Other changes, net
116,164	73,363	79,884	76,849	33,284	5,992	6,806	-13,638	9,199	13,259	-25,653	4,614	-1,044	7,460	27,994	16,384	-2,533	3,757	7,650	5,105	6,360	3,242	1,365	-6,757	-9,918	12,494	6,394	16,955	26,926	10,026	16,201	-823	-12,330	2,472	29,175	47,241	1,201	-2,768	0	0	0
Net cash provided by (used in) operating activities
450,381	512,794	483,283	516,317	550,852	552,660	538,928	507,540	432,241	426,527	440,477	396,998	396,118	454,963	361,163	362,663	392,798	291,195	354,035	345,545	334,878	360,836	358,601	402,696	385,153	361,749	377,291	348,392	361,806	383,880	391,630	415,885	425,536	407,361	576,406	771,316	827,885	671,177	0	0	0
INVESTING ACTIVITIES:
Proceeds from sales of investment securities (A)
262,449	413,203	895,458	891,804	710,968	708,864	616,391	978,350	940,934	792,380	385,470	28,861	24,384	24,380	12,084	7,900	503,393	689,031	685,294	683,745	218,508	64,442	73,716	76,102	47,913	16,299	8,568	6,855	9,941	16,875	23,065	22,747	15,617	19,833	12,661	25,755	69,851	78,640	0	0	0
Proceeds from maturities/pay downs of investment securities (A)
1,947,370	1,558,244	1,295,540	1,309,238	1,405,119	1,510,985	1,737,645	1,802,199	1,775,240	1,899,640	1,757,612	1,833,101	1,973,428	2,032,397	2,251,106	2,300,899	2,448,028	2,515,113	2,445,468	2,309,951	2,066,293	1,914,105	1,887,268	1,991,961	2,324,809	2,542,123	2,786,858	3,079,839	3,111,556	3,080,664	2,934,786	2,640,982	2,595,926	2,562,551	2,627,169	2,754,821	2,543,299	2,308,323	0	0	0
Purchases of investment securities
1,999,614	1,863,180	1,876,705	2,313,900	2,224,424	2,090,333	2,301,270	1,976,593	1,669,729	1,853,817	1,980,880	2,199,878	2,289,969	1,988,101	2,114,737	2,245,714	2,597,342	3,542,537	3,691,645	3,012,111	2,995,822	2,498,090	2,202,636	2,298,729	2,105,248	2,411,153	2,669,362	3,014,803	3,558,348	3,182,857	3,627,278	4,185,396	4,274,682	4,517,463	3,873,567	3,986,572	3,713,533	3,217,600	0	0	0
Net (increase) decrease in loans
1,002,558	647,890	554,523	352,280	271,753	200,673	253,672	372,466	366,826	614,849	556,402	550,406	857,721	1,009,523	1,040,984	1,221,277	1,065,845	1,005,657	815,921	518,025	546,653	560,890	669,536	903,055	1,054,172	938,223	999,780	1,030,312	770,622	693,193	609,632	189,760	-70,055	-168,983	-569,537	-427,417	-382,064	-644,314	0	0	0
Repayments of long-term securities purchased under agreements to resell
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	450,000	250,000	325,000	175,000	125,000	825,000	625,000	625,000	575,000	-125,000	0	0	-100,000	0	0	0	-	-	-	0
Proceeds from Securities Purchased under Agreements to Resell
-	-	-	-	-	-	-	-	-	-	-	-	-	400,000	250,000	225,000	225,000	175,000	125,000	100,000	250,000	550,000	500,000	575,000	425,000	175,000	525,000	275,000	275,000	225,000	-125,000	0	-150,000	-500,000	0	0	0	-	-	-	0
Purchases of land, buildings and equipment
38,866	42,575	41,377	40,058	39,595	33,294	29,329	30,232	30,350	30,824	28,852	24,946	22,545	24,478	27,658	30,023	30,711	31,897	32,171	44,598	48,279	43,658	39,315	27,711	21,928	23,841	34,457	33,979	35,443	34,969	24,440	21,902	20,906	21,332	21,502	20,266	21,565	18,528	0	0	0
Sales of land, buildings and equipment
782	2,033	13,114	13,237	13,977	13,427	2,962	2,330	3,191	3,190	6,851	7,240	10,309	10,112	6,624	7,514	6,062	5,545	7,005	6,592	5,234	5,236	5,752	4,851	3,093	3,492	1,028	1,615	2,346	2,643	2,643	2,625	1,608	2,593	2,291	1,731	1,718	397	0	0	0
Net cash provided by (used in) investing activities
-980,437	-730,165	-418,493	-491,959	-405,708	-91,024	-227,273	328,588	677,460	220,720	-391,201	-706,028	-1,062,114	-805,213	-663,565	-955,701	-511,415	-1,195,402	-1,476,970	-718,273	-1,444,546	-1,062,682	-738,578	-858,938	-507,890	-713,660	-1,159,502	-1,340,785	-1,590,570	-1,160,837	-1,300,856	-1,730,704	-1,762,382	-2,184,835	-1,183,411	-1,647,114	-1,438,166	-654,454	0	0	0
FINANCING ACTIVITIES:
Net increase (decrease) in non-interest bearing, savings, interest checking and money market deposits
887,652	85,438	7,417	-993,269	-615,297	60,278	-179,914	-119,820	-9,519	-15,036	489,861	899,393	411,029	782,846	1,145,495	471,875	747,596	545,147	432,850	589,286	633,971	282,276	900,126	1,391,824	806,772	801,211	653,549	578,108	1,723,515	1,777,058	1,445,026	1,610,892	1,561,943	1,981,201	1,987,829	1,710,885	1,643,650	1,300,555	0	0	0
Net increase (decrease) in certificates of deposit
-101,935	349,890	397,262	418,952	119,380	-108,742	-144,488	-400,572	-658,057	-474,044	-195,773	-181,507	-926	243,199	20,592	231,879	280,747	-124,509	-171,252	-399,707	-212,897	-57,956	-180,757	-110,579	-225,099	-82,013	303,246	300,905	17,659	-257,586	-584,641	-470,657	-382,694	-255,769	-332,890	-506,243	-17,910	-469,557	0	0	0
Repayment of long-term securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-350,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of long-term securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in federal funds purchased and securities sold under agreements to repurchase
-294,738	-105,617	-220,843	1,227,535	590,422	449,251	453,133	-89,685	-188,820	-216,767	-80,907	-375,828	363,761	-239,647	-703,306	-33,771	-653,075	101,034	798,037	711,720	883,311	865,960	-15,233	-266,371	294	313,008	552,444	314,949	3,870	-172,531	200,221	23,275	199,974	273,254	-472,827	376,114	24,241	-20,364	0	0	0
Increase (decrease) in other borrowings
767,173	6,394	241,790	-18,820	-21,210	-6,944	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of long-term borrowings
0	-	0	0	0	-	0	0	0	-	0	0	1,831	-	3,885	865	48	240	3,246	3,253	3,260	3,252	850	849	847	1,578	995	8,525	8,737	8,107	8,125	629	452	456	225,993	252,076	619,535	623,789	0	0	0
Proceeds from Short-term Debt
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of treasury stock
148,350	134,904	155,626	142,241	97,863	75,231	46,026	26,212	27,554	17,771	12,225	12,547	10,233	39,381	52,505	57,063	57,890	23,176	11,081	-134,440	51,792	70,974	69,198	233,050	60,260	69,353	98,568	78,549	103,302	104,909	75,579	154,465	128,443	101,154	141,048	58,382	44,417	40,984	0	0	0
Issuance of stock under equity compensation plans
30	8	3	4	8	10	11	10	8	8	0	0	0	-	-	-	49	1,914	3,363	5,301	6,432	8,652	8,475	8,108	10,905	9,426	13,208	14,594	11,472	14,820	11,055	8,771	10,418	15,349	18,705	19,002	18,154	11,310	0	0	0
Net tax benefit related to equity compensation plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,264	2,421	1,907	1,850	2,006	1,885	1,622	1,003	1,315	1,559	1,626	2,094	1,273	854	997	1,065	1,029	1,107	1,075	1,178	0	0	0
Cash dividends paid on common stock
114,900	113,466	110,510	107,576	103,990	100,238	98,158	96,005	93,812	91,619	90,498	89,364	88,223	87,070	86,214	85,378	84,969	84,961	84,707	84,425	84,403	84,241	84,143	84,159	83,259	82,104	212,325	211,820	230,969	211,608	80,323	79,684	60,160	79,140	79,031	79,126	78,685	78,231	0	0	0
Cash dividends paid on preferred stock
9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	9,000	8,550	6,300	4,050	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
823,138	-84,061	14,436	389,506	-123,658	223,252	-125,483	-833,916	-1,079,531	-924,536	102,586	229,161	664,565	649,172	310,772	516,937	122,553	306,209	859,228	509,201	913,753	533,049	153,410	591,625	250,128	841,600	1,161,874	911,221	1,415,134	1,039,231	908,907	938,349	1,201,583	1,834,350	755,773	1,111,289	826,573	-19,882	0	0	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease)
293,082	-301,432	79,226	413,864	21,486	684,888	186,172	2,212	30,170	-277,289	151,862	-79,869	-1,431	298,922	8,370	-76,101	3,936	-597,998	-263,707	136,473	-195,915	-168,797	-226,567	135,383	127,391	489,689	379,663	-81,172	186,370	262,274	-319	-376,470	-135,263	56,876	148,768	235,491	216,292	-3,159	0	0	0
Supplemental Cash Flow Information:
Income tax payments, net
75,988	76,168	92,211	85,245	85,375	84,172	79,417	91,092	118,041	120,744	118,514	114,331	119,788	119,596	113,012	113,150	95,046	95,341	105,030	117,095	123,932	120,172	116,007	94,037	111,498	114,336	99,322	119,820	111,926	119,166	134,033	116,791	115,469	106,653	102,267	117,089	101,234	100,610	0	0	0
Interest paid on deposits and borrowings
98,719	97,806	92,613	81,605	71,072	63,239	55,377	50,855	47,840	43,690	39,845	36,567	33,508	31,896	31,261	30,328	29,016	27,760	27,877	28,240	28,166	28,218	28,754	29,937	31,145	32,432	34,093	35,839	37,376	39,335	41,869	45,516	51,830	56,499	64,417	72,787	80,312	93,008	0	0	0
Loans transferred to foreclosed real estate
584	581	797	1,065	577	1,551	2,209	2,646	2,957	2,063	1,257	722	785	1,122	2,350	2,506	3,767	3,778	3,112	3,438	4,720	5,074	6,424	6,984	5,658	8,747	7,733	8,211	10,781	8,167	9,505	10,102	8,022	22,957	25,930	25,801	25,244	16,440	0	0	0
Transfer of Portfolio Loans and Leases to Held-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	42,688	42,688	50,360	50,360	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-