<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from Commerce Bancshares, Inc. 12/31/97 Form 10-K and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 978,239 <INT-BEARING-DEPOSITS> 0<F1> <FED-FUNDS-SOLD> 132,980 <TRADING-ASSETS> 6,477 <INVESTMENTS-HELD-FOR-SALE> 2,614,040<F2> <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 6,224,381<F3> <ALLOWANCE> 105,918 <TOTAL-ASSETS> 10,306,941 <DEPOSITS> 8,700,578 <SHORT-TERM> 512,663 <LIABILITIES-OTHER> 105,814 <LONG-TERM> 7,102 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 194,286 <OTHER-SE> 786,498 <TOTAL-LIABILITIES-AND-EQUITY> 10,306,941 <INTEREST-LOAN> 505,604 <INTEREST-INVEST> 163,181<F4> <INTEREST-OTHER> 13,647 <INTEREST-TOTAL> 682,876 <INTEREST-DEPOSIT> 262,107 <INTEREST-EXPENSE> 285,102 <INTEREST-INCOME-NET> 397,774 <LOAN-LOSSES> 31,354 <SECURITIES-GAINS> 3,253 <EXPENSE-OTHER> 344,450 <INCOME-PRETAX> 202,062 <INCOME-PRE-EXTRAORDINARY> 132,702 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 132,702 <EPS-PRIMARY> 3.40<F5> <EPS-DILUTED> 3.36 <YIELD-ACTUAL> 4.61<F6> <LOANS-NON> 23,382 <LOANS-PAST> 24,383 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 98,223 <CHARGE-OFFS> 38,183 <RECOVERIES> 10,249 <ALLOWANCE-CLOSE> 105,918 <ALLOWANCE-DOMESTIC> 105,918 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0 <FN> <F1>Certificates of deposit of $297,000 are included in Investments- Held-For-Sale. <F2>Excludes non-marketable investment securities of $44,414,000. <F3>Gross of allowance for loan losses. <F4>Excludes interest of $444,000 on trading account securities. <F5>A 5% stock dividend was distributed on December 12, 1997. Prior financial data schedules have not been restated. <F6>Yield is computed on a tax equivalent basis. </FN>