Commerce Bancshares, Inc. (CBSH)

NASDAQ: CBSH · IEX Real-Time Price · USD
50.42
-0.48 (-0.94%)
Mar 18, 2024, 4:00 PM EDT - Market closed

Total Valuation

CBSH has a market cap or net worth of $6.61 billion. The enterprise value is $6.83 billion.

Market Cap 6.61B
Enterprise Value 6.83B

Important Dates

The next confirmed earnings date is Tuesday, April 16, 2024, before market open.

Earnings Date Apr 16, 2024
Ex-Dividend Date Mar 6, 2024

Share Statistics

CBSH has 129.88 million shares outstanding. The number of shares has decreased by -0.82% in one year.

Shares Outstanding 129.88M
Shares Change (YoY) -0.82%
Shares Change (QoQ) -0.33%
Owned by Insiders (%) 2.55%
Owned by Institutions (%) 71.52%
Float 118.30M

Valuation Ratios

The trailing PE ratio is 13.85 and the forward PE ratio is 15.09. CBSH's PEG ratio is 3.58.

PE Ratio 13.85
Forward PE 15.09
PS Ratio 4.30
Forward PS 4.10
PB Ratio 2.25
P/FCF Ratio 16.32
PEG Ratio 3.58
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.34, with an EV/FCF ratio of 16.87.

EV / Earnings 14.32
EV / Sales 4.45
EV / EBITDA 10.34
EV / EBIT 11.17
EV / FCF 16.87

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.99
Debt / EBITDA 4.40
Debt / FCF 7.18
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 17.60% and return on invested capital (ROIC) is 8.06%.

Return on Equity (ROE) 17.60%
Return on Assets (ROA) 1.50%
Return on Capital (ROIC) 8.06%
Revenue Per Employee $334,434
Profits Per Employee $103,889
Employee Count 4,592
Asset Turnover 0.05
Inventory Turnover n/a

Taxes

In the past 12 months, CBSH has paid $134.55 million in taxes.

Income Tax 134.55M
Effective Tax Rate 22.00%

Stock Price Statistics

The stock price has decreased by -10.03% in the last 52 weeks. The beta is 0.79, so CBSH's price volatility has been lower than the market average.

Beta (1Y) 0.79
52-Week Price Change -10.03%
50-Day Moving Average 52.33
200-Day Moving Average 48.78
Relative Strength Index (RSI) 38.66
Average Volume (30 Days) 464,730

Short Selling Information

The latest short interest is 2.24 million, so 1.72% of the outstanding shares have been sold short.

Short Interest 2.24M
Short Previous Month 2.20M
Short % of Shares Out 1.72%
Short % of Float 1.89%
Short Ratio (days to cover) 4.65

Income Statement

In the last 12 months, CBSH had revenue of $1.54 billion and earned $477.06 million in profits. Earnings per share was $3.64.

Revenue 1.54B
Gross Profit 1.54B
Operating Income 604.74M
Pretax Income 611.61M
Net Income 477.06M
EBITDA 661.12M
EBIT 611.61M
Earnings Per Share (EPS) $3.64
Full Income Statement

Balance Sheet

The company has $2.69 billion in cash and $2.91 billion in debt, giving a net cash position of -$223.04 million or -$1.72 per share.

Cash & Cash Equivalents 2.69B
Total Debt 2.91B
Net Cash -223.04M
Net Cash Per Share -$1.72
Equity / Book Value 2.94B
Book Value Per Share 22.67
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $488.77 million and capital expenditures -$83.72 million, giving a free cash flow of $405.05 million.

Operating Cash Flow 488.77M
Capital Expenditures -83.72M
Free Cash Flow 405.05M
FCF Per Share $3.26
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 39.38% and 31.06%.

Gross Margin 100.00%
Operating Margin 39.38%
Pretax Margin 39.83%
Profit Margin 31.06%
EBITDA Margin 43.05%
EBIT Margin 39.83%
FCF Margin 26.38%

Dividends & Yields

This stock pays an annual dividend of $1.08, which amounts to a dividend yield of 2.14%.

Dividend Per Share $1.08
Dividend Yield 2.14%
Dividend Growth (YoY) 10.16%
Years of Dividend Growth 56
Payout Ratio 29.67%
Buyback Yield 0.82%
Shareholder Yield 2.97%
Earnings Yield 7.22%
FCF Yield 6.13%
Dividend Details

Analyst Forecast

The average price target for CBSH is $50.38, which is -0.08% lower than the current price. The consensus rating is "Hold".

Price Target $50.38
Price Target Difference -0.08%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on December 1, 2021. It was a forward split with a ratio of 105:100.

Last Split Date Dec 1, 2021
Split Type Forward
Split Ratio 105:100

Scores

Altman Z-Score n/a
Piotroski F-Score 6