Commerce Bancshares, Inc. (CBSH)
Market Cap | 6.61B |
Revenue (ttm) | 1.54B |
Net Income (ttm) | 477.06M |
Shares Out | 129.88M |
EPS (ttm) | 3.64 |
PE Ratio | 13.85 |
Forward PE | 15.09 |
Dividend | $1.08 (2.14%) |
Ex-Dividend Date | Mar 6, 2024 |
Volume | 420,434 |
Open | 50.69 |
Previous Close | 50.90 |
Day's Range | 50.36 - 51.06 |
52-Week Range | 42.96 - 62.00 |
Beta | 0.79 |
Analysts | Hold |
Price Target | 50.38 (-0.08%) |
Earnings Date | Apr 16, 2024 |
About CBSH
Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and o... [Read more]
Financial Performance
In 2023, CBSH's revenue was $1.54 billion, an increase of 5.14% compared to the previous year's $1.46 billion. Earnings were $477.06 million, a decrease of -2.32%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for CBSH stock is "Hold." The 12-month stock price forecast is $50.38, which is a decrease of -0.08% from the latest price.
News
Healthcare Banking Leader Joins PayGround Board of Directors
Series A lead investor, SixThirty names Commerce Bank CFO Chuck Kim to their PayGround board seat GILBERT, Ariz. , Feb. 6, 2024 /PRNewswire/ -- PayGround , a healthcare fintech payments platform, tod...
Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.27 per share on the Company's common stock, ...
Commerce Bancshares, Inc. Reports Fourth Quarter Earnings Per Share of $.84
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $.84 per share for the three months ended December 31, 2023, compared to $1.00 per share in the same quarter last yea...
Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.27 per share on the Company's common stock p...
Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share of $.96
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $.96 per share for the three months ended September 30, 2023, compared to $.97 per share in the same quarter last yea...
Moody's downgrades string of smaller mid-sized banks
Moody's analysts issued downgrades on a string of small and mid-sized banks. Should investors be worried about a theme developing in the greater banking landscape?
Quotes - U.S. bank stocks slide after Moody's ratings downgrade
U.S. bank shares slid on Tuesday after Moody's downgraded several small to mid-sized banks and said it may revise the credit ratings of some of the nation's biggest lenders, sparking concerns about th...
Bank ETFs head for worst day in 3 months after credit downgrades, warnings rattle sector
U.S.-listed exchange-traded funds that buy bank stocks fell on Tuesday, after Moody's Investors Service late said it put a handful of major U.S. banks on review for a possible downgrade and lowered de...
Moody's says US banks are still strong despite downgrades
Ratings agency Moody's said the U.S. banking sector is still strong even after it downgraded several small to mid-sized lenders and warned it might cut the ratings of several major banks.
Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice
Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.
Moody's places credit ratings of 6 major U.S. banks on review for downgrade
Moody's Investors Services may downgrade its credit ratings on six major U.S. banks, including U.S. Bancorp, State Street Corp., and Bank of New York Mellon Corp., and has downgraded its debt ratings ...
Commerce Bancshares, Inc. Reports Second Quarter Earnings Per Share of $1.02
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $1.02 per share for the three months ended June 30, 2023, compared to $.92 per share in the same quarter last year an...
Commerce Bancshares, Inc. (NASDAQ: CBSH) Announced That the Company's 2023 Annual Meeting of Shareholders Will Be Held in a Virtual Meeting Format Only
ST. LOUIS--(BUSINESS WIRE)--As publicly announced, the annual meeting will be held on Wednesday, April 19, 2023 at 9:30 a.m. Central Daylight Time. Shareholders as of the close of business on the reco...
Commerce Bancshares, Inc. Reports First Quarter Earnings Per Share of $.95
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced earnings of $.95 per share for the three months ended March 31, 2023, compared to $.92 per share in the same quart...
Commerce Bancshares raises dividend, but implied yield is still below its peers and the S&P 500
Shares of Commerce Bancshares Inc. CBSH, +0.04% slipped 0.1% in afternoon trading Friday, after the Missouri-based bank raised its quarterly dividend by 6.9%, to 27 cents a share from 25.25 cents a sh...
CommerceHealthcare® Releases 2023 Healthcare Finance Trends Report
KANSAS CITY, Mo.--(BUSINESS WIRE)--CommerceHealthcare® has released its fifth annual Healthcare Finance Trends for 2023 report . The report includes an in-depth analysis of research combined with pr...
Commerce Bancshares, Inc. Reports Fourth Quarter Earnings Per Share Of $1.04
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $1.04 per share for the three months ended December 31, 2022, compared to $.90 per share in the same quarter last y...
Commerce Bank Acquires Municipal Bond Underwriting and Advisory Firm, L.J. Hart & Company
ST. LOUIS--(BUSINESS WIRE)--Commerce Bank announced it has entered into a definitive agreement to acquire L.J. Hart & Company, a municipal bond underwriter and advisor. Terms of the transaction were...
Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share Of $1.02
KANSAS CITY, Mo.
CommercePayments® Partners with FISPAN to Offer Commerce Connections® Direct
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bank is pleased to announce the launch of Commerce Connections® Direct, developed in collaboration with FISPAN.
Commerce Bancshares, Inc. Reports Second Quarter Earnings Per Share of $.96
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $.96 per share for the three months ended June 30, 2022, compared to $1.32 per share in the same quarter last year an...
Commerce Bancshares, Inc. 2022 Annual Meeting of Shareholders: Virtual Meeting Only Format
ST. LOUIS--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced that, due to continuing public health impact of the coronavirus (COVID-19) pandemic and to support the health and well-be...