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COMMERCE BANCORP INC (CBH) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $9.83 Metrics
OS: 173.8 M 5 % ROE
Market cap: $1.71 B -5 % ROIC
Net cash: $30 B $172.70 per share
EV:

 
TTM Valuation
EBITDA ($3.5) B
EBIT ($3.5) B
EPS ($239.69)

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03
Revenues1,826.81,832.01,577.21,353.61,056.5
            Revenue growth-0.3%16.2%16.5%28.1% 
Cost of goods sold0.00.00.00.00.0
Gross profit1,826.81,832.01,577.21,353.61,056.5
            Gross margin100.0%100.0%100.0%100.0%100.0%
Sales and marketing48.242.737.336.234.1
EBIT-2,551.6-1,813.7-1,212.2-783.8-599.7
            EBIT margin-139.7%-99.0%-76.9%-57.9%-56.8%
Pre-tax income215.6476.2430.8414.8293.1
Income taxes75.3176.9147.9141.498.8
            Tax rate34.9%37.1%34.3%34.1%33.7%
Net income140.3299.3282.9273.4194.3
            Net margin7.7%16.3%17.9%20.2%18.4%
 
Diluted EPS$0.71$1.55$1.58$1.58$1.24
Shares outstanding (diluted)198.5193.7179.1172.6156.5
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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