Commerce Bancshares, Inc. (CBSH)

NASDAQ: CBSH · IEX Real-Time Price · USD
53.07
+1.06 (2.04%)
At close: Apr 17, 2024, 4:00 PM
52.01
-1.06 (-2.00%)
After-hours: Apr 17, 2024, 4:03 PM EDT
2.04%
Market Cap 6.89B
Revenue (ttm) 1.54B
Net Income (ttm) 477.06M
Shares Out 129.88M
EPS (ttm) 3.64
PE Ratio 14.58
Forward PE 15.92
Dividend $1.08 (2.04%)
Ex-Dividend Date Mar 6, 2024
Volume 788,780
Open 53.23
Previous Close 52.01
Day's Range 52.60 - 53.48
52-Week Range 42.96 - 56.75
Beta 0.79
Analysts Hold
Price Target 52.56 (-0.96%)
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]

Sector Financials
Founded 1865
Employees 4,592
Stock Exchange NASDAQ
Ticker Symbol CBSH
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for CBSH stock is "Hold." The 12-month stock price forecast is $52.56, which is a decrease of -0.96% from the latest price.

Price Target
$52.56
(-0.96% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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. ...

13 hours ago - Business Wire

Commerce Bancshares Echoes Q1 Earnings Theme of Resilience

Commerce Bancshares, one of the Midwest's strongest regional banks, joined the chorus of Q1 results reporting Tuesday (April 16) and sounded the theme of resiliency.

1 day ago - PYMNTS

Commerce Bancshares, Inc. (NASDAQ: CBSH) Announced That the Company's 2024 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 17, 2024 at 9:30 a.m. Central Time. Shareholders as of the close of business on the record date o...

1 day ago - Business Wire

Commerce Bancshares, Inc. Reports First Quarter Earnings Per Share of $.86

KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $.86 per share for the three months ended March 31, 2024, compared to $.91 per share in the same quarter last year an...

1 day ago - Business Wire

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...

2 months ago - PRNewsWire

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...

3 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

13 Unloved Stocks—and Why Wall Street Isn't Head Over Heels

Barron's looked for Russell 1000 companies that didn't have a single Buy recommendation.

Other symbols: AMCBENBHFDXCFHBHRLJHG
6 months ago - Barrons

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?

9 months ago - Yahoo Finance

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...

9 months ago - Reuters

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...

Other symbols: BACBKBOKFCFRGSKBEKBWB
9 months ago - Market Watch

Moody's cuts credit ratings for banks amid commercial real estate pressures

Moody's Investors Service lowered the ratings for 10 banks, including US Bancorp, Bank of New York Mellon, State Street, and Truist Financial.

9 months ago - New York Post

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.

9 months ago - Reuters

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.

Other symbols: BKCFRNTRSSTTTFCUSBASB
9 months ago - Investopedia

Moody's cuts ratings of 10 U.S. banks and puts some big names on downgrade watch

Moody's on Monday cut the credit ratings of a host of small and mid-sized U.S. banks and placed several Wall Street big names on negative review.

9 months ago - CNBC

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 ...

9 months ago - Market Watch

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...

9 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Market Watch

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 year ago - Business Wire

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 year ago - Business Wire

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...

1 year ago - Business Wire