<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from Commerce Bancshares, Inc. 3/31/95 Form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <CASH> 575,857 <INT-BEARING-DEPOSITS> 0<F1> <FED-FUNDS-SOLD> 47,040 <TRADING-ASSETS> 4,040 <INVESTMENTS-HELD-FOR-SALE> 2,695,326<F2> <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 4,853,610<F3> <ALLOWANCE> 92,055 <TOTAL-ASSETS> 8,475,101 <DEPOSITS> 7,088,240 <SHORT-TERM> 499,072 <LIABILITIES-OTHER> 50,716 <LONG-TERM> 6,679 <COMMON> 183,222 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 647,172 <TOTAL-LIABILITIES-AND-EQUITY> 8,475,101 <INTEREST-LOAN> 99,416 <INTEREST-INVEST> 41,152<F4> <INTEREST-OTHER> 983 <INTEREST-TOTAL> 141,596 <INTEREST-DEPOSIT> 52,803 <INTEREST-EXPENSE> 58,309 <INTEREST-INCOME-NET> 83,287 <LOAN-LOSSES> 2,833 <SECURITIES-GAINS> 186 <EXPENSE-OTHER> 71,610 <INCOME-PRETAX> 39,432 <INCOME-PRE-EXTRAORDINARY> 25,023 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 25,023 <EPS-PRIMARY> .72 <EPS-DILUTED> 0 <YIELD-ACTUAL> 4.61<F5> <LOANS-NON> 11,085 <LOANS-PAST> 9,451 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 87,179 <CHARGE-OFFS> 4,204 <RECOVERIES> 1,510 <ALLOWANCE-CLOSE> 92,055 <ALLOWANCE-DOMESTIC> 92,055 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0 <FN> <F1>Certificates of deposit of $1,097,000 are included in Investments-Held- For-Sale. <F2>Excludes non-marketable investment securities of $20,723,000. <F3>Gross of allowance for loan losses. <F4>Excludes interest of $45,000 on trading account securities. <F5>Yield is computed on a tax equivalent basis. </FN>