Commerce Bancshares, Inc. (CBSH)

Commerce Bancshares Statistics

Total Valuation

CBSH has a market cap or net worth of $8.49 billion. The enterprise value is $6.94 billion.

Market Cap	8.49B
Enterprise Value	6.94B

Important Dates

The next estimated earnings date is Thursday, January 16, 2025, before market open.

Earnings Date	Jan 16, 2025
Ex-Dividend Date	Dec 3, 2024

Share Statistics

CBSH has 134.64 million shares outstanding. The number of shares has decreased by -1.17% in one year.

Current Share Class	134.64M
Shares Outstanding	134.64M
Shares Change (YoY)	-1.17%
Shares Change (QoQ)	-0.48%
Owned by Insiders (%)	2.92%
Owned by Institutions (%)	70.72%
Float	122.64M

Valuation Ratios

The trailing PE ratio is 17.23 and the forward PE ratio is 17.28. CBSH's PEG ratio is 2.92.

PE Ratio	17.23
Forward PE	17.28
PS Ratio	5.27
Forward PS	5.00
PB Ratio	2.48
P/TBV Ratio	2.59
P/FCF Ratio	10.77
P/OCF Ratio	10.16
PEG Ratio	2.92

Enterprise Valuation

EV / Earnings	14.02
EV / Sales	4.29
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	8.81

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	2.82
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 16.81%.

Return on Equity (ROE)	16.81%
Return on Assets (ROA)	1.62%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$351,958
Profits Per Employee	$107,756
Employee Count	4,592
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, CBSH has paid $140.81 million in taxes.

Income Tax	140.81M
Effective Tax Rate	21.68%

Stock Price Statistics

The stock price has increased by +21.50% in the last 52 weeks. The beta is 0.77, so CBSH's price volatility has been lower than the market average.

Beta (5Y)	0.77
52-Week Price Change	+21.50%
50-Day Moving Average	64.67
200-Day Moving Average	57.08
Relative Strength Index (RSI)	31.47
Average Volume (20 Days)	567,344

Short Selling Information

The latest short interest is 2.11 million, so 1.57% of the outstanding shares have been sold short.

Short Interest	2.11M
Short Previous Month	2.07M
Short % of Shares Out	1.57%
Short % of Float	1.72%
Short Ratio (days to cover)	3.78

Income Statement

In the last 12 months, CBSH had revenue of $1.62 billion and earned $494.82 million in profits. Earnings per share was $3.66.

Revenue	1.62B
Gross Profit	1.62B
Operating Income	692.15M
Pretax Income	618.04M
Net Income	494.82M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$3.66

Balance Sheet

The company has $3.77 billion in cash and $2.22 billion in debt, giving a net cash position of $1.55 billion or $11.50 per share.

Cash & Cash Equivalents	3.77B
Total Debt	2.22B
Net Cash	1.55B
Net Cash Per Share	$11.50
Equity (Book Value)	3.45B
Book Value Per Share	25.41
Working Capital	-23.57B

Cash Flow

In the last 12 months, operating cash flow was $835.54 million and capital expenditures -$47.63 million, giving a free cash flow of $787.91 million.

Operating Cash Flow	835.54M
Capital Expenditures	-47.63M
Free Cash Flow	787.91M
FCF Per Share	$5.85

Margins

Gross Margin	n/a
Operating Margin	42.83%
Pretax Margin	40.18%
Profit Margin	30.90%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	48.75%

Dividends & Yields

This stock pays an annual dividend of $1.08, which amounts to a dividend yield of 1.71%.

Dividend Per Share	$1.08
Dividend Yield	1.71%
Dividend Growth (YoY)	1.25%
Years of Dividend Growth	56
Payout Ratio	29.53%
Buyback Yield	1.17%
Shareholder Yield	2.88%
Earnings Yield	5.83%
FCF Yield	9.28%

Analyst Forecast

The average price target for CBSH is $61.26, which is -2.81% lower than the current price. The consensus rating is "Hold".

Price Target	$61.26
Price Target Difference	-2.81%
Analyst Consensus	Hold
Analyst Count	7
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on December 3, 2024. It was a forward split with a ratio of 1.05:1.

Last Split Date	Dec 3, 2024
Split Type	Forward
Split Ratio	1.05:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4