• Commerce Bancshares average pre-tax profit margin for 2023 was 34.98%, a 18.14% decline from 2022.
• Commerce Bancshares average pre-tax profit margin for 2022 was 42.73%, a 6.72% decline from 2021.
• Commerce Bancshares average pre-tax profit margin for 2021 was 45.81%, a 51.14% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.