Zacks Research Has Negative Forecast for CBSH Q4 Earnings

Key Points

• Zacks Research has downgraded its Q4 2026 earnings per share forecast for Commerce Bancshares from $1.16 to $1.15.
• A recent analysis from Morgan Stanley has increased the price target for Commerce Bancshares from $58 to $61 with an "equal weight" rating.
• The company recently declared a quarterly dividend of $0.275 per share, representing an annualized yield of 1.8%.

Commerce Bancshares, Inc. (NASDAQ:CBSH - Free Report) - Equities researchers at Zacks Research reduced their Q4 2026 EPS estimates for Commerce Bancshares in a research report issued on Friday, August 8th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $1.15 per share for the quarter, down from their prior forecast of $1.16. The consensus estimate for Commerce Bancshares' current full-year earnings is $3.94 per share. Zacks Research also issued estimates for Commerce Bancshares' Q1 2027 earnings at $1.14 EPS.

A number of other brokerages have also recently weighed in on CBSH. Morgan Stanley boosted their price target on shares of Commerce Bancshares from $58.00 to $61.00 and gave the company an "equal weight" rating in a research report on Tuesday, June 17th. Wall Street Zen cut shares of Commerce Bancshares from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Piper Sandler upped their target price 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. Keefe, Bruyette & Woods reduced their target price on shares of Commerce Bancshares from $74.00 to $70.00 and set a "market perform" rating for the company in a report on Thursday, April 17th. Finally, Wells Fargo & Company upped their target price on shares of Commerce Bancshares from $62.00 to $69.00 and gave the company an "equal weight" rating in a report on Monday, July 21st. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $68.20.

Commerce Bancshares Price Performance

Shares of CBSH opened at $60.46 on Monday. Commerce Bancshares has a 1-year low of $52.69 and a 1-year high of $72.75. The stock has a market cap of $8.07 billion, a PE ratio of 14.40, a price-to-earnings-growth ratio of 2.76 and a beta of 0.61. The firm has a fifty day moving average price of $62.57 and a 200 day moving average price of $62.66.

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

Commerce Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Friday, September 5th will be paid a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Friday, September 5th. Commerce Bancshares's payout ratio is 26.19%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC acquired a new position in shares of Commerce Bancshares during the first quarter worth about $1,855,000. Integrated Wealth Concepts LLC acquired a new position in Commerce Bancshares during the fourth quarter worth about $842,000. GAMMA Investing LLC grew its position in Commerce Bancshares by 64.9% during the first 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. Novem Group grew its position in Commerce Bancshares by 35.3% during the first quarter. Novem Group now owns 16,663 shares of the financial services provider's stock worth $1,037,000 after buying an additional 4,344 shares during the period. Finally, Advisor Resource Council acquired a new position in Commerce Bancshares during the first quarter worth about $316,000. 70.26% of the stock is currently owned by institutional investors and hedge funds.

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.

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