Zacks Research Has Bullish Forecast for CBSH FY2025 Earnings

Key Points

• Zacks Research has raised its FY2025 earnings estimate for Commerce Bancshares, now predicting $4.21 per share, up from a prior estimate of $4.20, maintaining a "Hold" rating on the stock.
• The company reported earnings of $1.14 per share for the last quarter, exceeding consensus estimates of $1.02, while revenues increased by 7.6% year-over-year.
• Commerce Bancshares announced a quarterly dividend of $0.275 that will be paid on September 23rd, reflecting an annualized dividend yield of 1.8%.

Commerce Bancshares, Inc. (NASDAQ:CBSH - Free Report) - Zacks Research upped their FY2025 earnings per share (EPS) estimates for Commerce Bancshares in a note issued to investors on Thursday, September 11th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $4.21 per share for the year, up from their prior forecast of $4.20. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Commerce Bancshares' current full-year earnings is $3.94 per share. Zacks Research also issued estimates for Commerce Bancshares' Q1 2026 earnings at $0.90 EPS and Q3 2026 earnings at $1.12 EPS.

Commerce Bancshares (NASDAQ:CBSH - Get Free Report) last announced its earnings results on Wednesday, July 16th. The financial services provider reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.12. Commerce Bancshares had a net margin of 26.37% and a return on equity of 16.01%. The business had revenue of $445.76 million during the quarter, compared to the consensus estimate of $434.11 million. During the same quarter in the prior year, the firm earned $1.02 earnings per share. The business's quarterly revenue was up 7.6% compared to the same quarter last year.

CBSH has been the subject of a number of other reports. Bank of America upped their price target on shares of Commerce Bancshares from $69.00 to $71.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 24th. Morgan Stanley upped their price objective on shares of Commerce Bancshares from $58.00 to $61.00 and gave the stock an "equal weight" rating in a report on Tuesday, June 17th. Wells Fargo & Company increased their price objective on shares of Commerce Bancshares from $62.00 to $69.00 and gave the company an "equal weight" rating in a research note on Monday, July 21st. Finally, Piper Sandler increased their price objective on shares of Commerce Bancshares from $66.50 to $70.00 and gave the stock a "neutral" rating in a report on Thursday, July 17th. Seven analysts have rated the stock with a Hold rating, According to data from MarketBeat, Commerce Bancshares presently has a consensus rating of "Hold" and a consensus target price of $68.20.

Commerce Bancshares Trading Down 1.7%

Shares of CBSH traded down $1.02 during mid-day trading on Monday, reaching $59.23. The company had a trading volume of 2,672,894 shares, compared to its average volume of 928,480. The stock has a market cap of $7.90 billion, a price-to-earnings ratio of 14.10, a price-to-earnings-growth ratio of 2.76 and a beta of 0.61. The firm has a fifty day simple moving average of $61.56 and a 200-day simple moving average of $61.71. Commerce Bancshares has a fifty-two week low of $52.69 and a fifty-two week high of $72.75.

Commerce Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Friday, September 5th will be given a dividend of $0.275 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $1.10 annualized dividend and a dividend yield of 1.9%. Commerce Bancshares's dividend payout ratio (DPR) is currently 26.19%.

Institutional Trading of Commerce Bancshares

A number of large investors have recently modified their holdings of CBSH. Norges Bank purchased a new position in shares of Commerce Bancshares during the second quarter valued at approximately $89,282,000. Invesco Ltd. boosted its position in Commerce Bancshares by 136.0% in the first quarter. Invesco Ltd. now owns 848,442 shares of the financial services provider's stock worth $52,799,000 after purchasing an additional 488,960 shares during the last quarter. Nuveen LLC bought a new position in shares of Commerce Bancshares in the first quarter worth about $21,995,000. Vanguard Group Inc. increased its stake in Commerce Bancshares by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 13,493,741 shares of the financial services provider's stock worth $839,716,000 after acquiring an additional 268,250 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Commerce Bancshares by 172.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 405,531 shares of the financial services provider's stock worth $25,212,000 after purchasing an additional 256,650 shares during the period. Institutional investors own 70.26% of the company's stock.

Commerce Bancshares Company Profile

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.