Zacks Research Has Bullish Estimate 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) - Investment analysts at Zacks Research raised their FY2025 earnings estimates for Commerce Bancshares in a research note issued to investors on Thursday, September 11th. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $4.21 for the year, up from their prior estimate 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 EPS for the quarter, beating the consensus estimate of $1.02 by $0.12. Commerce Bancshares had a return on equity of 16.01% and a net margin of 26.37%.The business had revenue of $445.76 million during the quarter, compared to the consensus estimate of $434.11 million. During the same period in the prior year, the business posted $1.02 earnings per share. Commerce Bancshares's revenue was up 7.6% compared to the same quarter last year.

Other equities analysts also recently issued research reports about the company. Wall Street Zen downgraded Commerce Bancshares from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Morgan Stanley lifted their target price 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. Piper Sandler upped their price target on shares of Commerce Bancshares from $66.50 to $70.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Bank of America lifted their price objective on Commerce Bancshares from $69.00 to $71.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 24th. Finally, Wells Fargo & Company increased their target price on Commerce Bancshares from $62.00 to $69.00 and gave the company an "equal weight" rating in a research note on Monday, July 21st. Seven research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $68.20.

Commerce Bancshares Stock Performance

NASDAQ:CBSH opened at $59.68 on Monday. The company has a market capitalization of $7.96 billion, a P/E ratio of 14.21, a P/E/G ratio of 2.73 and a beta of 0.61. The stock's 50 day moving average price is $62.17 and its 200 day moving average price is $61.85. Commerce Bancshares has a 52 week low of $52.69 and a 52 week high of $72.75.

Commerce Bancshares Dividend Announcement

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 paid a $0.275 dividend. The ex-dividend date is Friday, September 5th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.8%. Commerce Bancshares's dividend payout ratio (DPR) is 26.19%.

Institutional Investors Weigh In On Commerce Bancshares

Hedge funds have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC raised its position in Commerce Bancshares by 191.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 451 shares of the financial services provider's stock worth $28,000 after purchasing an additional 296 shares during the last quarter. IMA Advisory Services Inc. acquired a new position in Commerce Bancshares in the first quarter valued at approximately $29,000. Geneos Wealth Management Inc. boosted its stake in Commerce Bancshares by 85.4% in the first quarter. Geneos Wealth Management Inc. now owns 469 shares of the financial services provider's stock valued at $29,000 after acquiring an additional 216 shares during the last quarter. CoreFirst Bank & Trust acquired a new stake in Commerce Bancshares during the 2nd quarter worth $33,000. Finally, Allworth Financial LP raised its position in shares of Commerce Bancshares by 55.0% during the 1st quarter. Allworth Financial LP now owns 651 shares of the financial services provider's stock valued at $40,000 after acquiring an additional 231 shares during the last quarter. Institutional investors own 70.26% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.