Commerce Bancshares, Inc. (CBSH)

NASDAQ: CBSH · IEX Real-Time Price · USD
66.56
+1.37 (2.10%)
Jan 31, 2023, 4:00 PM EST - Market closed
2.1%
Market Cap 8.32B
Revenue (ttm) 1.45B
Net Income (ttm) 471.68M
Shares Out 125.00M
EPS (ttm) 3.54
PE Ratio 18.79
Forward PE 16.29
Dividend $1.02 (1.54%)
Ex-Dividend Date Dec 1, 2022
Volume 710,828
Open 65.58
Previous Close 65.19
Day's Range 65.13 - 66.59
52-Week Range 62.80 - 75.21
Beta 0.78
Analysts Hold
Price Target 69.80 (+4.87%)
Earnings Date Jan 19, 2023

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]

Sector Financials
Founded 1865
Employees 4,595
Stock Exchange NASDAQ
Ticker Symbol CBSH
Full Company Profile

Financial Performance

In 2021, CBSH's revenue was $1.46 billion, an increase of 22.00% compared to the previous year's $1.20 billion. Earnings were $530.77 million, an increase of 55.15%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for CBSH stock is "Hold." The 12-month stock price forecast is $69.8, which is an increase of 4.87% from the latest price.

Price Target
$69.8
(4.87% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

1 week ago - Business Wire

Commerce Bancshares (CBSH) Q4 Earnings Beat, Provisions Up

Higher revenues, increasing loan balances and higher rates support Commerce Bancshares' (CBSH) Q4 earnings. However, increasing expenses and provisions are headwinds.

1 week ago - Zacks Investment Research

Commerce Bancshares (CBSH) Beats Q4 Earnings Estimates

Commerce (CBSH) delivered earnings and revenue surprises of 1.96% and 1.30%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

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...

1 week ago - Business Wire

Commerce Bancshares (CBSH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Commerce (CBSH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Commerce Bancshares (CBSH) Up on Plans to Acquire L.J. Hart

To further strengthen its capital markets business, Commerce Bancshares (CBSH) unit is acquiring L.J. Hart & Company.

2 months ago - Zacks Investment Research

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...

2 months ago - Business Wire

Why Is Commerce (CBSH) Up 3.4% Since Last Earnings Report?

Commerce (CBSH) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Commerce Bancshares' (CBSH) Stock Declines on Q3 Earnings Miss

Commerce Bancshares (CBSH) records a rise in revenues and higher expenses in the third quarter of 2022.

3 months ago - Zacks Investment Research

Commerce Bancshares (CBSH) Q3 Earnings Lag Estimates

Commerce (CBSH) delivered earnings and revenue surprises of -1.92% and 0.07%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Commerce Bancshares (CBSH) Reports Next Week: Wall Street Expects Earnings Growth

Commerce (CBSH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Commerce Bancshares (CBSH) Gains From Loans, Higher Costs Ail

Solid loans and deposit balances, a strong balance sheet and efforts to improve non-interest income will support Commerce Bancshares (CBSH) amid rising costs and pressure on margins.

4 months ago - Zacks Investment Research

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.

5 months ago - Business Wire

4 Reasons to Add Commerce Bancshares (CBSH) to Your Portfolio

Supported by strong fundamentals and good growth prospects, Commerce Bancshares' (CBSH) stock seems like an attractive investment option.

6 months ago - Zacks Investment Research

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 $0.265 per share on the Company's common stock....

6 months ago - Business Wire

Will Commerce (CBSH) Gain on Rising Earnings Estimates?

Commerce (CBSH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

6 months ago - Zacks Investment Research

Commerce Bancshares (CBSH) Q2 Earnings Beat on Higher Revenues

Higher revenues, solid loan growth and increased rates support Commerce Bancshares' (CBSH) Q2 earnings despite a rise in expenses and higher provisions.

6 months ago - Zacks Investment Research

Commerce Bancshares (CBSH) Q2 Earnings and Revenues Top Estimates

Commerce (CBSH) delivered earnings and revenue surprises of 1.05% and 3.50%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

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...

6 months ago - Business Wire

Commerce (CBSH) Down 8% Since Last Earnings Report: Can It Rebound?

Commerce (CBSH) reported earnings 30 days ago. What's next for the stock?

9 months ago - Zacks Investment Research

Commerce Bancshares (CBSH) Up 3.1% as Q1 Earnings Top Estimates

Higher loan balance, provision benefits and growth in net interest income aid Commerce Bancshares' (CBSH) Q1 results. A fall in fee income and higher costs are undermining factors.

10 months ago - Zacks Investment Research

Commerce Bancshares (CBSH) Q1 Earnings and Revenues Surpass Estimates

Commerce (CBSH) delivered earnings and revenue surprises of 8.99% and 0.10%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

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...

10 months ago - Business Wire