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Commerce Bancshares, Inc. (CBSH)

Stock Price: $59.94 USD 1.53 (2.62%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 6.69B
Revenue (ttm) 1.15B
Net Income (ttm) 307.84M
Shares Out 111.53M
EPS (ttm) 2.65
PE Ratio 22.62
Forward PE 25.71
Dividend $1.08
Dividend Yield 1.80%

Stock Quote

Trading Day Aug 7, 2020
Last Price $59.94
Previous Close $58.41
Change ($) 1.53
Change (%) 2.62%
Day's Open 58.26
Day's Range 57.80 - 59.99
Day's Volume 302,193
52-Week Range 45.51 - 71.92

More Stats

Market Cap 6.69B
Enterprise Value 6.63B
Earnings Date (est) Oct 8, 2020
Ex-Dividend Date Jun 4, 2020
Shares Outstanding 111.53M
Float 100.05M
EPS (basic) 2.56
EPS (diluted) 2.65
FCF / Share 4.08
Dividend $1.08
Dividend Yield 1.80%
Earnings Yield 4.42%
FCF Yield 6.81%
Payout Ratio 41.40%
Shares Short 4.62M
Short Ratio 10.43
Short % of Float 4.53%
Beta 0.99
PE Ratio 22.62
Forward PE 25.71
P/FCF Ratio 14.68
PS Ratio 5.81
PB Ratio 2.04
Revenue 1.15B
Operating Income 395.61M
Net Income 307.84M
Free Cash Flow 455.40M
Net Cash 54.32M
Net Cash / Share 0.49
Gross Margin 112.95%
Operating Margin 34.39%
Profit Margin 25.70%
FCF Margin 39.59%
ROA 1.09%
ROE 9.36%
ROIC 1.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (10)

Buy 0
Overweight 0
Hold 6
Underweight 1
Sell 3

Analyst Consensus: Hold

Price Target

$55.78*
(-6.94% downside)
Low
35.0
Current: $59.94
High
70.0
Target: 55.78
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,2961,2821,1501,0901,0541,0271,0171,012987951
Revenue Growth1.02%11.55%5.45%3.47%2.59%0.96%0.51%2.51%3.83%-
Gross Profit1,2961,2821,1501,0901,0541,0271,0171,012987951
Operating Income528545405401377370389394370332
Net Income421434319275264262261269256222
Shares Outstanding107106107106107111117117119123
Earnings Per Share3.583.602.622.372.322.262.232.272.111.79
EPS Growth-0.56%37.4%10.55%2.16%2.79%1.17%-1.8%7.88%17.39%-
Dividend Per Share1.040.940.870.830.790.750.530.520.490.48
Dividend Growth10.64%8.29%4.96%5.08%4.93%41.78%2.72%5.1%2.73%-
Operating Cash Flow513553427455291361362384407671
Capital Expenditures-40.54-19.87-27.63-14.37-26.35-38.42-20.35-32.33-18.74-18.13
Free Cash Flow472533399441265322341352389653
Cash & Equivalents8871,1984697674881,0681,226752506451
Total Debt1,8531,9651,5091,8262,0671,9671,4541,1871,3681,095
Net Cash / Debt-966-767-1,040-1,059-1,579-898-228-435-862-645
Assets26,06625,46424,83325,64124,60523,99423,07222,16020,64918,502
Liabilities22,92722,52722,11523,14022,23821,66020,85819,98818,47916,479
Book Value3,1352,9312,7172,4962,3622,3302,2112,1672,1662,022
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Commerce Bancshares, Inc.
Country United States
Employees 4,856
CEO John W. Kemper

Stock Information

Ticker Symbol CBSH
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: CBSH

Description

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. 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 other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards, as well as provides online banking services. The Commercial segment provides corporate lending, merchant and commercial bank card, leasing, international, and investment safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed-income securities to individuals, corporations, correspondent banks, public institutions, and municipalities. The Wealth segment provides traditional trust and estate planning services, brokerage services, and advisory and discretionary investment management services, as well as private banking accounts. The company also offers private equity investment, securities brokerage, and insurance agency services. It operates through a network of 316 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado, as well as commercial offices. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.