<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from Commerce Bancshares, Inc. 3/31/98 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-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 740,392 <INT-BEARING-DEPOSITS> 0<F1> <FED-FUNDS-SOLD> 179,696 <TRADING-ASSETS> 11,147 <INVESTMENTS-HELD-FOR-SALE> 2,610,903<F2> <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 6,424,884<F3> <ALLOWANCE> 108,569 <TOTAL-ASSETS> 10,367,118 <DEPOSITS> 8,699,665 <SHORT-TERM> 505,071 <LIABILITIES-OTHER> 129,790 <LONG-TERM> 6,996 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 293,229 <OTHER-SE> 732,367 <TOTAL-LIABILITIES-AND-EQUITY> 10,367,118 <INTEREST-LOAN> 134,320 <INTEREST-INVEST> 39,060<F4> <INTEREST-OTHER> 4,045 <INTEREST-TOTAL> 177,553 <INTEREST-DEPOSIT> 66,908 <INTEREST-EXPENSE> 73,479 <INTEREST-INCOME-NET> 104,074 <LOAN-LOSSES> 10,716 <SECURITIES-GAINS> 1,421 <EXPENSE-OTHER> 90,421 <INCOME-PRETAX> 52,896 <INCOME-PRE-EXTRAORDINARY> 34,483 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 34,483 <EPS-PRIMARY> .59 <EPS-DILUTED> .58 <YIELD-ACTUAL> 4.66<F5> <LOANS-NON> 17,106 <LOANS-PAST> 21,032 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 105,918 <CHARGE-OFFS> 10,991 <RECOVERIES> 1,962 <ALLOWANCE-CLOSE> 108,569 <ALLOWANCE-DOMESTIC> 108,569 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0 <FN> <F1>Certificates of deposit of $497,000 are included in Investments- Held-For-Sale. <F2>Excludes non-marketable investment securities of $28,869,000. <F3>Gross of allowance for loan losses. <F4>Excludes interest of $128,000 on trading account securities. <F5>Yield is computed on a tax equivalent basis. </FN>