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 7.71%/yr vs 20.57%/yr for BPOP. At a 0.47 correlation, their price movements are largely independent.
Performance
CBSH vs. BPOP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CBSH achieves a -0.08% return, which is significantly lower than BPOP's 22.66% return. Over the past 10 years, CBSH has underperformed BPOP with an annualized return of 7.71%, while BPOP has yielded a comparatively higher 20.57% annualized return.
CBSH
- 1D
- 1.11%
- 1M
- -0.02%
- YTD
- -0.08%
- 6M
- 3.38%
- 1Y
- -10.78%
- 3Y*
- 7.86%
- 5Y*
- -1.27%
- 10Y*
- 7.71%
BPOP
- 1D
- 2.25%
- 1M
- 1.68%
- YTD
- 22.66%
- 6M
- 34.58%
- 1Y
- 48.68%
- 3Y*
- 37.68%
- 5Y*
- 16.34%
- 10Y*
- 20.57%
CBSH vs. BPOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CBSH Commerce Bancshares, Inc. | -0.08% | -10.16% | 24.71% | -15.91% | 5.56% | 11.44% | 3.71% | 28.74% | 7.52% | 3.07% |
BPOP Popular, Inc. | 22.66% | 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 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.47 |
Over the past year, CBSH and BPOP have become more correlated (0.72) than their long-term average of 0.47, meaning their price movements have been converging.
Fundamentals
CBSH:
$7.59B
BPOP:
$9.81B
CBSH:
$4.20
BPOP:
$13.50
CBSH:
12.38
BPOP:
11.19
CBSH:
4.98
BPOP:
1.23
CBSH:
3.40
BPOP:
2.29
CBSH:
1.76
BPOP:
1.56
CBSH:
$2.10B
BPOP:
$4.41B
CBSH:
$1.31B
BPOP:
$3.01B
CBSH:
$614.94M
BPOP:
$1.10B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
| CBSH | BPOP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.52 | 2.01 | -2.53 |
Sortino ratioReturn per unit of downside risk | -0.56 | 2.55 | -3.11 |
Omega ratioGain probability vs. loss probability | 0.93 | 1.35 | -0.42 |
Calmar ratioReturn relative to maximum drawdown | -0.50 | 3.36 | -3.86 |
Martin ratioReturn relative to average drawdown | -0.81 | 8.83 | -9.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CBSH | BPOP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.52 | 2.01 | -2.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.05 | 0.54 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.62 | -0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.13 | +0.36 |
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.
Loading charts...
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 | -23.44% | -14.68% | -8.76% |
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 | -20.73% | -16.65% | -4.08% |
Average DrawdownAverage peak-to-trough decline | -9.23% | -48.87% | +39.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.37% | 5.59% | +8.78% |
Volatility
CBSH vs. BPOP - Volatility Comparison
The current volatility for Commerce Bancshares, Inc. (CBSH) is 4.53%, while Popular, Inc. (BPOP) has a volatility of 5.37%. This indicates that CBSH experiences smaller price fluctuations and is considered to be less risky than BPOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CBSH | BPOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.53% | 5.37% | -0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 13.88% | 17.73% | -3.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.96% | 24.32% | -3.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.29% | 30.21% | -5.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.47% | 33.54% | -7.07% |
Dividends
CBSH vs. BPOP - Dividend Comparison
CBSH's dividend yield for the trailing twelve months is around 2.06%, more than BPOP's 1.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BPOP Popular, Inc. | 1.99% | 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. | 2.06% | 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 Jun 2026, Commerce Bancshares, Inc. reported a gross profit of 0.00 and revenue of 475.69M. Therefore, the gross margin over that period was 0.0%.
BPOP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Popular, Inc. reported a gross profit of 835.81M and revenue of 1.11B. Therefore, the gross margin over that period was 75.1%.
CBSH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Commerce Bancshares, Inc. reported an operating income of 0.00 and revenue of 475.69M, resulting in an operating margin of 0.0%.
BPOP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Popular, Inc. reported an operating income of 292.61M and revenue of 1.11B, resulting in an operating margin of 26.3%.
CBSH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Commerce Bancshares, Inc. reported a net income of 141.62M and revenue of 475.69M, resulting in a net margin of 29.8%.
BPOP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Popular, Inc. reported a net income of 245.67M and revenue of 1.11B, resulting in a net margin of 22.1%.
Frequently Asked Questions
CBSH and BPOP have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BPOP has higher volatility (5.37%) compared to CBSH (4.53%). In terms of maximum drawdown, CBSH dropped -44.70% vs BPOP's -95.72%.
BPOP currently has the higher Sharpe Ratio (2.01 vs -0.52), 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.
Find the right allocation for CBSH and BPOP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer