Sifting through countless of stocks in the Banks industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Commerce Bancshares, Inc. or The Bank of N.T. Butterfield & Son Limited because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Commerce Bancshares, Inc. and The Bank of N.T. Butterfield & Son Limited compare based on key financial metrics to determine which better meets your investment needs.

About Commerce Bancshares, Inc. and The Bank of N.T. Butterfield & Son Limited

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. It operates through three segments: Retail Banking, Commercial, and Wealth. The Retail Banking segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; retail branch network; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.

The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses. The company offers retail and corporate checking, savings, and term deposits. It also provides lending products and services, including residential mortgage lending, automobile lending, credit cards, consumer financing, overdraft facilities to retail customers, commercial real estate lending, and commercial and industrial loans. In addition, the company offers cash and liquidity management, foreign exchange, custody administration, and settlement services. Further, it provides personal and business deposit services, residential and commercial mortgages, small and medium-sized enterprise and corporate loans, credit and debit cards, merchant acquiring, and mobile and internet banking services; and treasury services, wealth management, and fiduciary services. Additionally, the company offers discretionary investment management, managed portfolio services, money market, and mutual fund offerings, as well as advisory and self-directed brokerage options. It operates through offices in the Cayman Islands, Guernsey, Jersey, the United Kingdom, The Bahamas, Hong Kong, Switzerland, Singapore, Mauritius, and Canada, as well as Bermuda. The Bank of N.T. Butterfield & Son Limited was founded in 1784 and is headquartered in Hamilton, Bermuda.

Latest Banks and Commerce Bancshares, Inc., The Bank of N.T. Butterfield & Son Limited Stock News

As of March 11, 2026, Commerce Bancshares, Inc. had a $7.1 billion market capitalization, compared to the Banks median of $586.8 million. Commerce Bancshares, Inc.’s stock is down 7.7% in 2026, down 7.6% in the previous five trading days and down 16.69% in the past year.

Currently, Commerce Bancshares, Inc.’s price-earnings ratio is 12.0. Commerce Bancshares, Inc.’s trailing 12-month revenue is $1.7 billion with a 33.1% net profit margin. Year-over-year quarterly sales growth most recently was 6.5%. Analysts expect adjusted earnings to reach $4.106 per share for the current fiscal year. Commerce Bancshares, Inc. currently has a 2.2% dividend yield.

As of March 11, 2026, The Bank of N.T. Butterfield & Son Limited had a $2.0 billion market cap, putting it in the 55th percentile of all stocks. The Bank of N.T. Butterfield & Son Limited’s stock is up 1.3% in 2026, down 1.1% in the previous five trading days and up 39.45% in the past year.

Currently, The Bank of N.T. Butterfield & Son Limited’s price-earnings ratio is 9.2. The Bank of N.T. Butterfield & Son Limited’s trailing 12-month revenue is $606.8 million with a 38.2% net profit margin. Year-over-year quarterly sales growth most recently was 4.9%. Analysts expect adjusted earnings to reach $5.927 per share for the current fiscal year. The Bank of N.T. Butterfield & Son Limited currently has a 4.0% dividend yield.

How We Compare Commerce Bancshares, Inc. and The Bank of N.T. Butterfield & Son Limited Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Commerce Bancshares, Inc. and The Bank of N.T. Butterfield & Son Limited’s stock grades to see how they measure up against one another.

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Commerce Bancshares, Inc. and The Bank of N.T. Butterfield & Son Limited Stock Value Grades

Company	Ticker	Value
Commerce Bancshares, Inc.	CBSH	B
The Bank of N.T. Butterfield & Son Limited	NTB	B

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Commerce Bancshares, Inc. has a Value Score of 62, which is Value. The Bank of N.T. Butterfield & Son Limited has a Value Score of 79, which is Value.

The Value Stock Winner: It’s a Tie!

Looking at the Value Grade breakdown above, both Commerce Bancshares, Inc. and The Bank of N.T. Butterfield & Son Limited have a Value Grade of B. For investors who focus solely on a company’s valuation, you will need to conduct further research into both of these companies’ other metrics to see if they could be good additions to your portfolio. It’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Commerce Bancshares, Inc. and The Bank of N.T. Butterfield & Son Limited’s Quality Grades

Company	Ticker	Quality
Commerce Bancshares, Inc.	CBSH	D
The Bank of N.T. Butterfield & Son Limited	NTB	C

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Commerce Bancshares, Inc. has a Quality Score of 30, which is Weak. The Bank of N.T. Butterfield & Son Limited has a Quality Score of 42, which is Average.

The Quality Stock Winner: No Clear Winner

Neither Commerce Bancshares, Inc. or The Bank of N.T. Butterfield & Son Limited has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Commerce Bancshares, Inc. or The Bank of N.T. Butterfield & Son Limited is the better investment when it comes to quality.

Commerce Bancshares, Inc. and The Bank of N.T. Butterfield & Son Limited’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Commerce Bancshares, Inc.	CBSH	D
The Bank of N.T. Butterfield & Son Limited	NTB	A

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Commerce Bancshares, Inc. has a Earnings Estimate Score of 30, which is Negative. The Bank of N.T. Butterfield & Son Limited has a Earnings Estimate Score of 86, which is Very Positive.

The Earnings Estimate Revisions Grade Winner: The Bank of N.T. Butterfield & Son Limited

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, The Bank of N.T. Butterfield & Son Limited has a better Earnings Estimate Revisions Grade than Commerce Bancshares, Inc.. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, The Bank of N.T. Butterfield & Son Limited could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Commerce Bancshares, Inc. and The Bank of N.T. Butterfield & Son Limited Grades

In addition to Quality, Estimate Revisions and Value, A+ Investor also provides grades for Growth and Momentum.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Commerce Bancshares, Inc. and The Bank of N.T. Butterfield & Son Limited pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Commerce Bancshares, Inc. or The Bank of N.T. Butterfield & Son Limited Stock?

Overall, Commerce Bancshares, Inc. stock has a Value Score of 62, Estimate Revisions Score of 30 and Quality Score of 30.

The Bank of N.T. Butterfield & Son Limited stock has a Value Score of 79, Estimate Revisions Score of 86 and Quality Score of 42.

Comparing Commerce Bancshares, Inc. and The Bank of N.T. Butterfield & Son Limited’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.