CBSH vs WAL

Comparison between Commerce Bancshares Inc (CBSH, Company) and Western Alliance Bancorp (WAL, Company).

Both CBSH and WAL are from the Financial Services sector.

5-Year PerformanceCBSH has outperformed WAL, delivering a return of +3.3% compared to -0.5%

CBSH vs WAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBSH(COMPANY)	WAL(COMPANY)
Market Cap	$8.71B	$8.73B
Max Drawdown	45.45%	92.14%
Sharpe Ratio	0.13	0.14
5Y Beta	0.72	1.44
Industry	Banks - Regional	Banks - Regional
P/E Ratio	14.47	10.15
Forward P/E	13.23	8.26
PEG Ratio	N/A	1.06
Dividend Yield	1.82%	1.98%
5Y Dividends CAGR	5.42%	10.07%
5Y EPS CAGR	-0.26%	11.00%
Debt to Equity	56.33%	73.67%
Free Cash Flow Yield	12.90%	-17.55%

Market Cap

CBSH

$8.71B

Winner

WAL

$8.73B

Max Drawdown

Winner

CBSH

45.45%

WAL

92.14%

Sharpe Ratio

CBSH

0.13

Winner

WAL

0.14

5Y Beta

Winner

CBSH

0.72

WAL

1.44

Industry

CBSH

Banks - Regional

WAL

Banks - Regional

P/E Ratio

CBSH

14.47

Winner

WAL

10.15

Forward P/E

CBSH

13.23

Winner

WAL

8.26

PEG Ratio

CBSH

N/A

WAL

1.06

Dividend Yield

CBSH

1.82%

Winner

WAL

1.98%

5Y Dividends CAGR

CBSH

5.42%

Winner

WAL

10.07%

5Y EPS CAGR

CBSH

-0.26%

Winner

WAL

11.00%

Debt to Equity

Winner

CBSH

56.33%

WAL

73.67%

Free Cash Flow Yield

Winner

CBSH

12.90%

WAL

-17.55%

CBSH vs WAL - Historical Returns

Returns include dividend reinvestment.

Period	CBSH	WAL
1 month	+2.93%	-1.16%
3 months	+14.83%	+0.20%
6 months	+14.12%	-7.95%
1 year	+4.05%	+4.77%
5 years(CAGR)	+3.27%	-0.53%
10 years(CAGR)	+9.50%	+10.71%
Max(CAGR)	+8.70%	+6.29%

Winner

CBSH

+2.93%

WAL

-1.16%

Winner

CBSH

+14.83%

WAL

+0.20%

Winner

CBSH

+14.12%

WAL

-7.95%

CBSH

+4.05%

Winner

WAL

+4.77%

5Y(CAGR)

Winner

CBSH

+3.27%

WAL

-0.53%

10Y(CAGR)

CBSH

+9.50%

Winner

WAL

+10.71%

Max(CAGR)

Winner

CBSH

+8.70%

WAL

+6.29%

CBSH vs WAL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CBSH	WAL
2026	+15.00%	-3.98%
2025	-9.32%	+3.36%
2024	+22.87%	+31.83%
2023	-15.35%	+16.17%
2022	+4.50%	-44.64%
2021	+10.82%	+84.52%
2020	+3.68%	+6.36%
2019	+28.71%	+44.41%
2018	+7.33%	-30.56%
2017	+3.37%	+14.78%
2016	+50.76%	+38.66%
2015	+5.40%	+29.69%
2014	+5.74%	+19.11%
2013	+32.56%	+116.71%
2012	+1.71%	+60.52%
2011	+1.13%	-17.92%
2010	+5.93%	+87.28%
2009	-4.00%	-62.65%
2008	+7.16%	-42.01%
2007	-5.15%	-45.34%
2006	+0.47%	+15.29%
2005	+13.97%	+14.88%
2004	+11.61%	N/A
2003	+31.38%	N/A
2002	+9.37%	N/A
2001	+3.26%	N/A
2000	+38.21%	N/A
1999	-9.94%	N/A

CBSH vs WAL Drawdown Comparison

The maximum drawdown for CBSH was -44.65%, occurring on Mar 9, 2009. Recovery took 996 trading sessions.

The maximum drawdown for WAL was -92.14%, occurring on Nov 11, 2009. Recovery took 2337 trading sessions.

The current CBSH drawdown is -8.89%. The current WAL drawdown is -26.63%.

Rank	CBSH	WAL
#1	-44.65% Oct 1, 2008 - Sep 13, 2012	-92.14% Jul 28, 2006 - Nov 9, 2015
#2	-38.21% May 6, 2021 - Nov 6, 2024	-84.79% Nov 3, 2021 - May 4, 2023
#3	-34.85% Feb 11, 2020 - Nov 16, 2020	-64.49% Jun 8, 2018 - Jan 6, 2021
#4	-31.20% Nov 9, 1999 - Nov 30, 2000	-29.41% Nov 30, 2015 - Oct 5, 2016
#5	-27.59% Nov 25, 2024 - Mar 12, 2026	-20.51% Aug 3, 2005 - Jan 31, 2006
#6	-24.70% Apr 17, 2002 - Jul 31, 2003	-17.26% Apr 27, 2021 - Sep 29, 2021
#7	-22.92% Feb 22, 2007 - Sep 18, 2008	-17.19% Apr 19, 2006 - Jul 28, 2006
#8	-22.73% Feb 12, 2001 - Feb 11, 2002	-15.64% Mar 1, 2017 - Oct 2, 2017
#9	-21.55% Aug 21, 2018 - Nov 27, 2019	-10.50% Mar 9, 2018 - Jun 6, 2018
#10	-17.95% Dec 1, 2015 - Apr 14, 2016	-8.18% Mar 19, 2021 - Apr 16, 2021
#11	-12.37% Jul 3, 2014 - May 19, 2015	-7.06% Oct 10, 2016 - Nov 9, 2016
#12	-12.34% Sep 14, 2012 - Feb 13, 2013	-6.37% Oct 22, 2021 - Nov 3, 2021
#13	-12.33% Sep 19, 2008 - Oct 1, 2008	-6.25% Feb 24, 2021 - Mar 12, 2021
#14	-12.31% Mar 1, 2017 - Nov 29, 2017	-5.89% Dec 8, 2016 - Jan 27, 2017
#15	-11.72% Jul 20, 2015 - Nov 6, 2015	-5.87% Jan 14, 2021 - Feb 4, 2021

Correlation

Correlation between CBSH and WAL is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (1999 - 2026)

CBSH vs WAL dividend yield comparison.

Year	CBSH	WAL
2026	0.93%	1.03%
2025	2.03%	1.86%
2024	1.67%	1.78%
2023	1.95%	2.20%
2022	1.50%	2.38%
2021	1.47%	1.11%
2020	2.00%	1.67%
2019	1.48%	0.88%
2018	1.61%	0.00%
2017	1.55%	0.00%
2016	2.93%	0.00%
2015	2.04%	0.00%
2014	2.00%	0.00%
2013	1.93%	0.00%
2012	6.81%	0.00%
2011	2.33%	0.00%
2010	4.42%	0.00%
2009	2.39%	0.00%
2008	2.19%	0.00%
2007	2.23%	0.00%
2006	1.95%	0.00%
2005	1.77%	0.00%
2004	1.76%	0.00%
2003	1.54%	0.00%
2002	1.59%	0.00%
2001	1.19%	0.00%
2000	5.33%	0.00%
1999	5.52%	0.00%