Commerce Bancshares (CBSH) Stock Price, News & Analysis

Company Overview

Commerce Bancshares, Inc. is a bank holding company primarily engaged in providing a broad range of banking and financial services across the Midwest. Through its principal subsidiary, Commerce Bank, the company offers commercial and consumer banking, treasury management, trust and wealth advisory, and mortgage lending. Its diversified product suite includes deposit and loan products, cash management solutions, capital markets services, and private banking designed to meet the needs of individuals, small businesses, and large corporations.

The company’s commercial banking group delivers tailored credit facilities, equipment and inventory financing, asset-based lending, and merchant services. On the consumer side, Commerce Bank provides checking and savings accounts, residential mortgages, home equity lines of credit, and personal loans. Treasury management services encompass automated clearing house (ACH) processing, wire transfers, merchant card processing, and liquidity management tools. Wealth and trust services are offered through dedicated professionals who assist clients with investment management, retirement planning, estate settlement, and philanthropic giving.

Headquartered in Kansas City, Missouri, Commerce Bancshares operates more than 250 branches and approximately 400 ATMs across Missouri, Kansas, Illinois, Colorado, Nebraska, and Oklahoma. The company’s regional footprint emphasizes community banking relationships built on personalized service, local decision-making, and strong ties to the markets it serves. Commerce Bancshares leverages a combination of digital banking platforms and in-branch expertise to support both urban and rural customers, as well as specialized industries such as agriculture, healthcare, and energy.

Founded in the mid-19th century, Commerce Bancshares has grown through organic expansion and selective acquisitions while maintaining an independent community bank culture. The company’s executive leadership is led by President and Chief Executive Officer C. Terence Doyle, under the oversight of Chairman R. Crosby Kemper III. Commerce’s long-standing commitment to conservative risk management, capital strength, and customer-focused innovation has contributed to its reputation as a leading regional banking franchise.

Key Stats

• Today's Range: $59.01 to $60.25
• 50-Day Range: $58.61 to $66.11
• 52-Week Range: $52.69 to $72.75
• Volume: 2.67 million shs
• Average Volume: 985,015 shs
• Market Capitalization: $7.90 billion
• P/E Ratio: 14.10
• Dividend Yield: 1.86%
• Price Target: $68.20
• Consensus Rating: Hold

Commerce Bancshares Stock Analysis - MarketRank™

Commerce Bancshares scored higher than 91% of companies evaluated by MarketBeat, and ranked 169th out of 941 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Commerce Bancshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 7 hold ratings, and no sell ratings.

Upside Potential

Commerce Bancshares has a consensus price target of $68.20, representing about 15.1% upside from its current price of $59.23.

Amount of Analyst Coverage

Commerce Bancshares has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.09%

Earnings Growth

Earnings for Commerce Bancshares are expected to grow by 6.09% in the coming year, from $3.94 to $4.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Commerce Bancshares is 14.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.67.

Price to Earnings Ratio vs. Sector

The P/E ratio of Commerce Bancshares is 14.10, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 243.86.

Price to Earnings Growth Ratio

Commerce Bancshares has a PEG Ratio of 2.71. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Commerce Bancshares has a P/B Ratio of 2.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.44% of the float of Commerce Bancshares has been sold short.

Short Interest Ratio / Days to Cover

Commerce Bancshares has a short interest ratio ("days to cover") of 5.5.

Change versus previous month

Short interest in Commerce Bancshares has recently increased by 4.71%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Commerce Bancshares pays a meaningful dividend of 1.86%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Commerce Bancshares has been increasing its dividend for 58 years.

Dividend Coverage

The dividend payout ratio of Commerce Bancshares is 26.19%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Commerce Bancshares will have a dividend payout ratio of 26.32% next year. This indicates that Commerce Bancshares will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.6 / 5
• Environmental Score: -0.40

Percentage of Shares Shorted

3.44% of the float of Commerce Bancshares has been sold short.

Short Interest Ratio / Days to Cover

Commerce Bancshares has a short interest ratio ("days to cover") of 5.5.

Change versus previous month

Short interest in Commerce Bancshares has recently increased by 4.71%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.24

News Sentiment

Commerce Bancshares has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.02 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Commerce Bancshares this week, compared to 9 articles on an average week.

MarketBeat Follows

2 people have added Commerce Bancshares to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Commerce Bancshares insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.10% of the stock of Commerce Bancshares is held by insiders.

Percentage Held by Institutions

70.26% of the stock of Commerce Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CBSH Stock Analysis - Frequently Asked Questions

How have CBSH shares performed this year?

Commerce Bancshares' stock was trading at $62.31 at the beginning of the year. Since then, CBSH shares have decreased by 4.9% and is now trading at $59.23.

How were Commerce Bancshares' earnings last quarter?

Commerce Bancshares, Inc. (NASDAQ:CBSH) issued its quarterly earnings data on Wednesday, July, 16th. The financial services provider reported $1.14 EPS for the quarter, topping the consensus estimate of $1.02 by $0.12. The business's quarterly revenue was up 7.6% on a year-over-year basis.

Does Commerce Bancshares have any subsidiaries?

Commerce Bancshares subsidiaries include these companies: Capital for Business Inc., CB Acquisition LLC, CBI Equipment Finance Inc., CBI Insurance Company, CBI-Kansas Inc., CFB Partners LLC, CFB Venture Fund I Inc., and others.

Who are Commerce Bancshares' major shareholders?

Top institutional investors of Commerce Bancshares include State Street Corp (4.82%), American Century Companies Inc. (2.83%), Geode Capital Management LLC (1.86%) and JPMorgan Chase & Co. (1.15%). Insiders that own company stock include David W Kemper, Jonathan M Kemper, John W Kemper, Charles G Kim, Robert S Holmes, Kevin G Barth, John K Handy, Benjamin F Rassieur III, Blackford F Brauer, David L Roller, Paula S Petersen, David L Orf, Thomas J Noack, Patricia R Kellerhals, Derrick Brooks, Douglas D Neff and June Mcallister Fowler.
View institutional ownership trends.

How do I buy shares of Commerce Bancshares?

Shares of CBSH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Commerce Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Commerce Bancshares investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), AU Optronics (AUOTY), The RMR Group (RMR), Voyager Therapeutics (VYGR) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Record date for 6/24 Dividend: 6/06/2025
• Ex-Dividend for 6/24 Dividend: 6/06/2025
• Dividend Payable: 6/24/2025
• Last Earnings: 7/16/2025
• Record date for 9/23 Dividend: 9/05/2025
• Ex-Dividend for 9/23 Dividend: 9/05/2025
• Today: 9/22/2025
• Dividend Payable: 9/23/2025
• Next Earnings (Estimated): 10/16/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - MIDWEST
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:CBSH
• CIK: 22356
• Web: www.commercebank.com
• Phone: (816) 234-2000
• Fax: 816-234-2369
• Employees: 4,687
• Year Founded: 1865

Price Target and Rating

• Average Price Target for Commerce Bancshares: $68.20
• High Price Target: $71.00
• Low Price Target: $61.00
• Potential Upside/Downside: +15.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.20
• Trailing P/E Ratio: 14.10
• Forward P/E Ratio: 15.03
• P/E Growth: 2.71
• Net Income: $526.33 million
• Net Margins: 26.37%
• Pretax Margin: 33.83%
• Return on Equity: 16.01%
• Return on Assets: 1.74%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.77
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $2.09 billion
• Price / Sales: 3.79
• Cash Flow: $4.52 per share
• Price / Cash Flow: 13.10
• Book Value: $25.99 per share
• Price / Book: 2.28

Miscellaneous

• Outstanding Shares: 133,440,000
• Free Float: 129,302,000
• Market Cap: $7.90 billion
• Optionable: Optionable
• Beta: 0.61