Zacks Research Has Bullish Forecast for CBSH Q3 Earnings

Key Points

• Zacks Research has raised its Q3 2025 earnings estimate for Commerce Bancshares to $1.06 per share, up from the previous estimate of $1.03.
• Commerce Bancshares reported $1.14 earnings per share for its last quarter, exceeding the consensus estimate of $1.02 by $0.12.
• The company declared a quarterly dividend of $0.275 per share, reflecting an annualized yield of 1.9%.

Commerce Bancshares, Inc. (NASDAQ:CBSH - Free Report) - Zacks Research raised their Q3 2025 earnings estimates for shares of Commerce Bancshares in a research report issued to clients and investors on Thursday, October 9th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $1.06 per share for the quarter, up from their previous forecast of $1.03. 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' Q4 2026 earnings at $1.28 EPS, FY2026 earnings at $4.34 EPS, Q1 2027 earnings at $1.24 EPS and Q2 2027 earnings at $1.25 EPS.

Commerce Bancshares (NASDAQ:CBSH - Get Free Report) last posted its earnings results on Wednesday, July 16th. The financial services provider reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.12. The company had revenue of $445.76 million for the quarter, compared to analyst estimates of $434.11 million. Commerce Bancshares had a net margin of 26.37% and a return on equity of 16.01%. Commerce Bancshares's revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.02 EPS.

Other equities analysts have also issued reports about the stock. Bank of America boosted their target price on shares of Commerce Bancshares from $69.00 to $71.00 and gave the company a "neutral" rating in a report on Tuesday, June 24th. TD Cowen began coverage on shares of Commerce Bancshares in a report on Thursday, September 25th. They issued a "hold" rating and a $63.00 price objective on the stock. Wells Fargo & Company decreased their price objective on shares of Commerce Bancshares from $69.00 to $65.00 and set an "equal weight" rating on the stock in a report on Monday, September 29th. Hovde Group began coverage on shares of Commerce Bancshares in a report on Monday, October 6th. They issued an "outperform" rating and a $70.00 price objective on the stock. Finally, Piper Sandler upped 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. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $68.43.

Commerce Bancshares Price Performance

NASDAQ:CBSH opened at $56.63 on Monday. The firm has a market capitalization of $7.56 billion, a price-to-earnings ratio of 13.48, a PEG ratio of 6.98 and a beta of 0.59. The company's 50-day moving average is $60.41 and its two-hundred day moving average is $61.45. Commerce Bancshares has a 1-year low of $52.69 and a 1-year high of $72.75.

Institutional Investors Weigh In On Commerce Bancshares

Several large investors have recently added to or reduced their stakes in CBSH. Farther Finance Advisors LLC increased its stake in Commerce Bancshares by 632.3% during the 1st quarter. Farther Finance Advisors LLC now owns 6,627 shares of the financial services provider's stock worth $412,000 after buying an additional 5,722 shares during the period. GAMMA Investing LLC increased its stake in Commerce Bancshares by 64.9% during the 1st quarter. GAMMA Investing LLC now owns 1,878 shares of the financial services provider's stock worth $117,000 after buying an additional 739 shares during the period. SG Americas Securities LLC purchased a new stake in Commerce Bancshares during the 1st quarter worth approximately $930,000. Wealth Enhancement Advisory Services LLC increased its stake in Commerce Bancshares by 19.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,971 shares of the financial services provider's stock worth $1,118,000 after buying an additional 2,955 shares during the period. Finally, Missouri Trust & Investment Co increased its stake in Commerce Bancshares by 5.8% during the 1st quarter. Missouri Trust & Investment Co now owns 4,708 shares of the financial services provider's stock worth $293,000 after buying an additional 259 shares during the period. 70.26% of the stock is owned by hedge funds and other institutional investors.

Commerce Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Friday, September 5th were paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Friday, September 5th. Commerce Bancshares's dividend payout ratio is presently 26.19%.

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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