Here are 1-2 brief analogies for Commerce.com (CMRC), which operates as Commerce Bancshares, Inc.:

• JPMorgan Chase for the Midwest
• Wells Fargo for the Midwest

Commerce.com (CMRC) Major Products/Services

Based on the company name "Commerce.com", assuming it operates as an e-commerce solutions provider, its major products and services would likely include:

• E-commerce Platform: Provides businesses with the software and infrastructure to build, manage, and scale their online stores.
• Payment Processing: Facilitates secure online transactions, allowing businesses to accept various forms of digital payments from customers.
• Logistics & Fulfillment Services: Offers solutions for inventory management, warehousing, order packing, and shipping to streamline product delivery.
• Digital Marketing Tools: Integrates features and services to help businesses promote their products, manage campaigns, and analyze sales performance online.

The company symbol CMRC belongs to Commerce Bancshares, Inc., a financial services company, and not a company explicitly named "Commerce.com". Assuming your request refers to Commerce Bancshares, Inc. (CMRC), its primary business is banking and financial services.

Commerce Bancshares, Inc. primarily serves individuals and businesses with a range of financial products and services. Its major customer categories include:

1. Individual Consumers
   These customers utilize personal banking services such as checking and savings accounts, personal loans, mortgages, auto loans, credit cards, and investment advisory services.
2. Small and Medium-sized Businesses (SMBs)
   This category includes businesses that rely on commercial banking products like business checking and savings accounts, lines of credit, term loans, commercial real estate financing, and treasury management solutions.
3. Corporate and Institutional Clients
   Larger corporations, non-profit organizations, and governmental entities that require more complex financial services, including corporate lending, cash management, foreign exchange services, and specialized financial advisory.

null

Travis Hess, Chief Executive Officer

Travis Hess joined Commerce.com as President in May 2024 and became Chief Executive Officer on October 1, 2024. He brings over 15 years of senior leadership experience from prominent commerce agencies and consultancies, including Accenture. Mr. Hess is responsible for leading Commerce.com's global operations, and the overall success and growth of the business. He has emphasized the company's strategic direction towards AI-driven commerce.

Daniel Lentz, Chief Financial Officer

Daniel Lentz has served as the Chief Financial Officer of Commerce.com since July 1, 2023. He possesses over two decades of experience in guiding financial and operational functions for industry leaders such as Dell, Procter & Gamble, and RetailMeNot.

Rosie Rivel, Chief Information Officer

Rosie Rivel is the Chief Information Officer of Commerce.com. She has more than 25 years of experience as an executive professional in the IT industry, including senior roles at Kelly Services, Delphi Medical, and Deloitte Consulting.

Russell Klein, Chief Commercial Officer

Russell Klein serves as the Chief Commercial Officer of Commerce.com. He brings over 20 years of management experience, covering mergers and acquisitions, investments, joint ventures, and business and corporate development.

Vipul Shah, Chief Product Officer

Vipul Shah is the Chief Product Officer at Commerce.com. He has over two decades of experience in building innovative products and business models, having worked at companies like PayPal, Google, J.P. Morgan, and Wells Fargo.

Commerce.com (symbol: CMRC) operates a software-as-a-service (SaaS) e-commerce platform, with its main products and services including the BigCommerce storefront and checkout platform, Feedonomics for product-data management, and Makeswift for visual front-end building. These offerings contribute to the broader addressable markets of commerce cloud solutions and e-commerce platforms.

Addressable Market Sizes:

Global Commerce Cloud Market:

• The global commerce cloud market was valued at approximately USD 33.2 billion in 2023 and is projected to grow to about USD 190.15 billion by 2032, with a compound annual growth rate (CAGR) of 21.4% from 2025 to 2032.
• Another estimate indicates the global commerce cloud market size was USD 17.78 billion in 2023 and is expected to grow at a CAGR of 22.8% from 2024 to 2030.
• In 2022, the global commerce cloud market was valued at USD 19.2 billion and is projected to reach USD 138.2 billion by 2032, growing at a CAGR of 22.2% from 2023 to 2032.

Global E-commerce Platform Market:

• The global e-commerce platform market is projected to grow from approximately USD 9.08 billion in 2025 to about USD 16.51 billion by 2030, at a CAGR of 12.7% from 2025 to 2030.
• It was valued at USD 8.7 billion in 2023 and is estimated to register a CAGR of over 13.5% between 2024 and 2032.
• The e-commerce platform market was estimated at USD 7.468 billion in 2024 and is projected to grow from USD 8.477 billion in 2025 to USD 30.08 billion by 2035, exhibiting a CAGR of 13.5% from 2025 to 2035.

Regional Market Sizes for Commerce Cloud and E-commerce Platforms:

• North America: The commerce cloud market in the U.S. is growing significantly at a CAGR of 19.1% from 2024 to 2030. North America held a dominant market position in the e-commerce platforms market in 2023, capturing over a 32.8% share with revenues amounting to USD 1.9 billion. It remains the largest market for e-commerce platforms, holding approximately 40% of the global market share.
• Asia Pacific: The commerce cloud market in Asia Pacific is expected to grow at the fastest CAGR of 26.1% from 2024 to 2030. The Asia Pacific e-commerce platform market is expected to be worth USD 5,742.8 million by 2030, growing at a CAGR of 14.3% during the forecast period.
• Europe: The commerce cloud market in Europe is growing significantly at a CAGR of 22.5% from 2024 to 2030.

Commerce.com (CMRC) is anticipated to drive future revenue growth over the next 2-3 years through several key initiatives:

1. Strategic Shift towards AI-Driven Commerce and Product Innovation: The company is heavily investing in artificial intelligence and commerce technologies, positioning the future of commerce as intelligent, composable, and agentic. This strategic pivot and focus on AI-driven solutions are expected to capitalize on emerging market opportunities and enhance discoverability and operational efficiency for merchants.

2. Growth in B2B and AI-Related Services: Commerce.com has already seen its revenue increase driven by growth in its B2B offerings and new AI-related services. This indicates a successful expansion into these segments, which are expected to continue contributing to revenue expansion.

3. Enhanced Monetization of Larger Clients (Enterprise ARR Growth): The company has demonstrated a strong focus on its enterprise segment, with Enterprise Annual Recurring Revenue (ARR) showing a 5% year-over-year increase and now constituting 76% of total ARR in Q3 2025. The average revenue per enterprise account also grew by 7%, reflecting successful strategies in attracting and increasing revenue from larger clients.

4. Launch of New Solutions and Strategic Partnerships: Commerce.com is expanding its product offerings and market presence through the introduction of new solutions and features. Notable examples include the launch of Feedonomics applications and a new agentic commerce feature with PayPal integration, alongside partnerships with prominent AI platforms like Perplexity and Google. These initiatives aim to streamline merchant operations and improve advertising returns.

Share Issuance

• Commerce.com Inc. reported $2.0 million in shares issued for the quarter ending June 2025.
• As of June 30, 2025, approximately 4.55 million shares of common stock remained available for future issuance under the company's 2020 Plan.

Outbound Investments

• For the fiscal year ended December 31, 2023, Commerce.com Inc. reported $283,000 in contingent and deferred consideration related to acquisitions. For the fiscal year ended December 31, 2022, this amount was $270,000.

Capital Expenditures

• For the three months ended September 30, 2025, capital expenditures were approximately $3.0 million, calculated from operating cash flow of $10.6 million and free cash flow of $7.6 million.
• The company plans to continue investing in strategic B2B and B2C offerings, building new partnerships, and developing its portfolio of professional-grade commerce solutions, with a focus on acquiring new customers, growing revenue with existing customers, and expanding into new markets.