CBSH vs. BPOP
CBSH (Commerce Bancshares, Inc.) and BPOP (Popular, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, CBSH returned 9.61%/yr vs 21.11%/yr for BPOP. Their 0.47 correlation means their historical movements had little consistent relationship.
Performance
CBSH vs. BPOP - Performance Comparison
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Returns By Period
In the year-to-date period, CBSH achieves a 14.45% return, which is significantly lower than BPOP's 42.23% return. Over the past 10 years, CBSH has underperformed BPOP with an annualized return of 9.61%, while BPOP has yielded a comparatively higher 21.11% annualized return.
CBSH
- 1D
- -0.29%
- 1M
- 2.14%
- 6M
- 13.80%
- YTD
- 14.45%
- 1Y
- 5.97%
- 3Y*
- 10.69%
- 5Y*
- 3.19%
- 10Y*
- 9.61%
- ALL TIME*
- 12.25%
BPOP
- 1D
- 0.05%
- 1M
- 4.75%
- 6M
- 32.63%
- YTD
- 42.23%
- 1Y
- 58.43%
- 3Y*
- 38.06%
- 5Y*
- 22.67%
- 10Y*
- 21.11%
- ALL TIME*
- 5.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BPOP Popular, Inc. | $87.46M | $87.41M | $83.49M |
| $71.89M | $72.86M | $69.63M |
CBSH vs. BPOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CBSH Commerce Bancshares, Inc. | 14.45% | -10.16% | 24.71% | -15.91% | 5.56% | 11.44% | 3.71% | 28.74% | 7.52% | 3.07% |
BPOP Popular, Inc. | 42.23% | 36.01% | 17.86% | 28.33% | -16.78% | 49.06% | 0.00% | 27.21% | 35.80% | -16.87% |
Correlation
The correlation between CBSH and BPOP is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.70 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.70 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.47 |
Over the past year, CBSH and BPOP have become more correlated (0.70) than their long-term average of 0.47, meaning their price movements have been converging.
Fundamentals
CBSH:
$8.64B
BPOP:
$11.19B
CBSH:
$4.17
BPOP:
$14.74
CBSH:
14.22
BPOP:
11.88
CBSH:
5.72
BPOP:
1.31
CBSH:
3.83
BPOP:
2.56
CBSH:
1.96
BPOP:
1.75
CBSH:
$2.17B
BPOP:
$4.50B
CBSH:
$1.74B
BPOP:
$3.11B
CBSH:
$831.00M
BPOP:
$1.17B
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Return for Risk
CBSH vs. BPOP — Risk / Return Rank
CBSH
BPOP
CBSH vs. BPOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Commerce Bancshares, Inc. (CBSH) and Popular, Inc. (BPOP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CBSH | BPOP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.15 | ||
| Sortino ratioReturn per unit of downside risk | -2.53 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.39 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | 3.87 | -3.67 |
| Martin ratioReturn relative to average drawdown | 0.35 | 10.17 | -9.82 |
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Drawdowns
CBSH vs. BPOP - Drawdown Comparison
The maximum CBSH drawdown since its inception was -44.70%, smaller than the maximum BPOP drawdown of -95.72%. Use the drawdown chart below to compare losses from any high point for CBSH and BPOP.
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Drawdown Indicators
| CBSH | BPOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.70% | -95.72% | +51.02% |
Max Drawdown (1Y)Largest decline over 1 year | -19.51% | -14.68% | -4.83% |
Max Drawdown (3Y)Largest decline over 3 years | -27.63% | -22.63% | -5.00% |
Max Drawdown (5Y)Largest decline over 5 years | -38.02% | -46.27% | +8.25% |
Max Drawdown (10Y)Largest decline over 10 years | -38.23% | -59.03% | +20.80% |
Current DrawdownCurrent decline from peak | -9.20% | -3.35% | -5.85% |
Average DrawdownAverage peak-to-trough decline | -9.24% | -48.69% | +39.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.77% | 5.57% | +5.20% |
Volatility
CBSH vs. BPOP - Volatility Comparison
Commerce Bancshares, Inc. (CBSH) and Popular, Inc. (BPOP) have volatilities of 4.81% and 4.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBSH | BPOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 4.95% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 13.22% | 15.99% | -2.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.66% | 24.32% | -3.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.04% | 29.83% | -5.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.39% | 33.35% | -6.96% |
Dividends
CBSH vs. BPOP - Dividend Comparison
CBSH's dividend yield for the trailing twelve months is around 1.83%, more than BPOP's 1.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BPOP Popular, Inc. | 1.71% | 2.33% | 2.72% | 2.77% | 3.32% | 2.13% | 2.84% | 2.04% | 2.12% | 2.82% | 1.37% | 1.06% |
CBSH Commerce Bancshares, Inc. | 1.83% | 2.03% | 1.67% | 1.95% | 1.50% | 1.47% | 2.00% | 1.48% | 1.61% | 1.55% | 2.93% | 2.04% |
Financials
CBSH vs. BPOP - Financials Comparison
This section allows you to compare key financial metrics between Commerce Bancshares, Inc. and Popular, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CBSH vs. BPOP - Profitability Comparison
CBSH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Commerce Bancshares, Inc. reported a gross profit of 398.91M and revenue of 498.91M. Therefore, the gross margin over that period was 80.0%.
BPOP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Popular, Inc. reported a gross profit of 811.33M and revenue of 1.17B. Therefore, the gross margin over that period was 69.6%.
CBSH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Commerce Bancshares, Inc. reported an operating income of 205.94M and revenue of 498.91M, resulting in an operating margin of 41.3%.
BPOP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Popular, Inc. reported an operating income of 323.96M and revenue of 1.17B, resulting in an operating margin of 27.8%.
CBSH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Commerce Bancshares, Inc. reported a net income of 159.79M and revenue of 498.91M, resulting in a net margin of 32.0%.
BPOP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Popular, Inc. reported a net income of 278.21M and revenue of 1.17B, resulting in a net margin of 23.9%.
Frequently Asked Questions
CBSH and BPOP have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BPOP has higher volatility (4.95%) compared to CBSH (4.81%). In terms of maximum drawdown, CBSH dropped -44.70% vs BPOP's -95.72%.
BPOP currently has the higher Sharpe Ratio (2.33 vs 0.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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