<ARTICLE> 9 <LEGEND> This schedule contains summary financial information extracted from Commerce Bancshares, Inc. 11/30/98 Form 8-K and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 11-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> NOV-30-1998 <CASH> 679,430 <INT-BEARING-DEPOSITS> 0<F1> <FED-FUNDS-SOLD> 453,077 <TRADING-ASSETS> 9,784 <INVESTMENTS-HELD-FOR-SALE> 2,737,050<F2> <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 7,035,782<F3> <ALLOWANCE> 117,784 <TOTAL-ASSETS> 11,259,869 <DEPOSITS> 9,413,785 <SHORT-TERM> 590,216 <LIABILITIES-OTHER> 157,074 <LONG-TERM> 27,206 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 293,229 <OTHER-SE> 778,359 <TOTAL-LIABILITIES-AND-EQUITY> 11,259,869 <INTEREST-LOAN> 506,199 <INTEREST-INVEST> 143,389<F4> <INTEREST-OTHER> 14,559 <INTEREST-TOTAL> 664,662 <INTEREST-DEPOSIT> 251,329 <INTEREST-EXPENSE> 275,390 <INTEREST-INCOME-NET> 389,272 <LOAN-LOSSES> 34,132 <SECURITIES-GAINS> 6,729 <EXPENSE-OTHER> 341,530 <INCOME-PRETAX> 205,206 <INCOME-PRE-EXTRAORDINARY> 135,769 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 135,769 <EPS-PRIMARY> 2.22 <EPS-DILUTED> 2.19 <YIELD-ACTUAL> 4.57<F5> <LOANS-NON> 18,423 <LOANS-PAST> 26,293 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 105,918 <CHARGE-OFFS> 37,649 <RECOVERIES> 9,576 <ALLOWANCE-CLOSE> 117,784 <ALLOWANCE-DOMESTIC> 117,784 <ALLOWANCE-FOREIGN> 0 <ALLOWANCE-UNALLOCATED> 0 <FN> <F1>Certificates of deposit of $100,000 are included in Investments- Held-For-Sale. <F2>Excludes non-marketable securities of $28,577,000. <F3>Gross of allowance for loan losses. <F4>Excludes interest of $515,000 on trading account securities. <F5>Yield is computed on a tax equivalent basis. </FN>