Q1 Earnings Estimate for CBSH Issued By Zacks Research

Commerce Bancshares, Inc. (NASDAQ:CBSH - Free Report) - Equities researchers at Zacks Research issued their Q1 2026 earnings estimates for shares of Commerce Bancshares in a report issued on Tuesday, July 8th. Zacks Research analyst R. Department forecasts that the financial services provider will earn $1.00 per share for the quarter. The consensus estimate for Commerce Bancshares' current full-year earnings is $3.94 per share. Zacks Research also issued estimates for Commerce Bancshares' Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.12 EPS, Q4 2026 earnings at $1.18 EPS, FY2026 earnings at $4.38 EPS, Q1 2027 earnings at $1.16 EPS, Q2 2027 earnings at $1.13 EPS and FY2027 earnings at $4.80 EPS.

Commerce Bancshares (NASDAQ:CBSH - Get Free Report) last released its earnings results on Wednesday, April 16th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.05. The company had revenue of $428.05 million for the quarter, compared to analyst estimates of $417.85 million. Commerce Bancshares had a net margin of 25.95% and a return on equity of 16.23%.

A number of other equities research analysts have also issued reports on CBSH. Wells Fargo & Company increased their target price on shares of Commerce Bancshares from $60.00 to $62.00 and gave the stock an "equal weight" rating in a report on Thursday. Bank of America increased their target price on shares of Commerce Bancshares from $69.00 to $71.00 and gave the stock a "neutral" rating in a report on Tuesday, June 24th. Wall Street Zen downgraded shares of Commerce Bancshares from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. Piper Sandler increased their price objective on shares of Commerce Bancshares from $65.00 to $66.00 and gave the company a "neutral" rating in a research report on Thursday, April 17th. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of Commerce Bancshares from $74.00 to $70.00 and set a "market perform" rating on the stock in a research report on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, Commerce Bancshares currently has an average rating of "Hold" and an average price target of $66.00.

Commerce Bancshares Price Performance

Commerce Bancshares stock opened at $66.09 on Friday. The firm has a market cap of $8.82 billion, a PE ratio of 16.00, a price-to-earnings-growth ratio of 2.88 and a beta of 0.59. Commerce Bancshares has a 52-week low of $52.69 and a 52-week high of $72.75. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.01. The company's 50 day moving average is $63.16 and its two-hundred day moving average is $62.81.

Commerce Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Friday, June 6th were given a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend was Friday, June 6th. Commerce Bancshares's dividend payout ratio (DPR) is 26.63%.

Insider Activity at Commerce Bancshares

In related news, Director June Mcallister Fowler sold 1,618 shares of the stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $60.72, for a total value of $98,244.96. Following the transaction, the director directly owned 3,175 shares of the company's stock, valued at $192,786. This trade represents a 33.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 3.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Canopy Partners LLC grew its position in Commerce Bancshares by 4.9% during the 4th quarter. Canopy Partners LLC now owns 3,609 shares of the financial services provider's stock worth $225,000 after purchasing an additional 168 shares during the last quarter. Louisiana State Employees Retirement System grew its position in Commerce Bancshares by 0.5% during the 1st quarter. Louisiana State Employees Retirement System now owns 34,200 shares of the financial services provider's stock worth $2,128,000 after purchasing an additional 175 shares during the last quarter. Frank Rimerman Advisors LLC grew its position in Commerce Bancshares by 4.9% during the 4th quarter. Frank Rimerman Advisors LLC now owns 3,993 shares of the financial services provider's stock worth $249,000 after purchasing an additional 186 shares during the last quarter. Angeles Investment Advisors LLC grew its position in Commerce Bancshares by 5.0% during the 4th quarter. Angeles Investment Advisors LLC now owns 4,074 shares of the financial services provider's stock worth $254,000 after purchasing an additional 194 shares during the last quarter. Finally, State of Michigan Retirement System grew its position in Commerce Bancshares by 0.7% during the 1st quarter. State of Michigan Retirement System now owns 29,174 shares of the financial services provider's stock worth $1,815,000 after purchasing an additional 200 shares during the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

About Commerce Bancshares

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.

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