What is Zacks Research's Forecast for CBSH FY2026 Earnings?

Key Points

• Zacks Research has lowered its FY2026 earnings per share estimate for Commerce Bancshares from $4.39 to $4.38, maintaining a "Hold" rating on the stock.
• Commerce Bancshares reported earnings of $1.14 per share for the latest quarter, exceeding analysts' expectations of $1.02, with a revenue of $445.76 million.
• The company has declared a quarterly dividend of $0.275, indicating an annualized dividend of $1.10 and a yield of 1.8% based on recent share prices.

Commerce Bancshares, Inc. (NASDAQ:CBSH - Free Report) - Zacks Research lowered their FY2026 earnings estimates for shares of Commerce Bancshares in a note issued to investors on Thursday, August 28th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings per share of $4.38 for the year, down from their previous estimate of $4.39. 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 $1.14 EPS and Q2 2027 earnings at $1.13 EPS.

CBSH has been the subject of a number of other research reports. Morgan Stanley upped their price target on Commerce Bancshares from $58.00 to $61.00 and gave the stock an "equal weight" rating in a research report on Tuesday, June 17th. Wells Fargo & Company upped their price target on Commerce Bancshares from $62.00 to $69.00 and gave the stock an "equal weight" rating in a research report on Monday, July 21st. Piper Sandler boosted their price target on Commerce Bancshares from $66.50 to $70.00 and gave the stock a "neutral" rating in a research report on Thursday, July 17th. Bank of America boosted their price target on Commerce Bancshares from $69.00 to $71.00 and gave the stock a "neutral" rating in a research report on Tuesday, June 24th. Finally, Wall Street Zen lowered Commerce Bancshares from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st. Seven equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $68.20.

Commerce Bancshares Price Performance

NASDAQ:CBSH traded down $0.20 during trading hours on Monday, reaching $61.12. 328,185 shares of the stock were exchanged, compared to its average volume of 659,717. Commerce Bancshares has a twelve month low of $52.69 and a twelve month high of $72.75. The firm has a 50 day moving average of $62.58 and a 200 day moving average of $62.11. The stock has a market cap of $8.16 billion, a PE ratio of 14.56, a PEG ratio of 2.83 and a beta of 0.61.

Commerce Bancshares (NASDAQ:CBSH - Get Free Report) last released its quarterly earnings results on Wednesday, July 16th. The financial services provider reported $1.14 earnings per share for the quarter, topping analysts' consensus estimates of $1.02 by $0.12. Commerce Bancshares had a return on equity of 16.01% and a net margin of 26.37%.The firm 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 posted $1.02 EPS. The business's revenue was up 7.6% on a year-over-year basis.

Commerce Bancshares Announces Dividend

The company 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 $0.275 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $1.10 annualized dividend and a dividend yield of 1.8%. Commerce Bancshares's dividend payout ratio is presently 26.19%.

Hedge Funds Weigh In On Commerce Bancshares

Institutional investors and hedge funds have recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its position in shares of Commerce Bancshares by 191.0% in the first quarter. Smartleaf Asset Management LLC now owns 451 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 296 shares during the last quarter. IMA Advisory Services Inc. acquired a new position in shares of Commerce Bancshares in the first quarter valued at approximately $29,000. Geneos Wealth Management Inc. grew its position in shares of 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 purchasing an additional 216 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in shares of Commerce Bancshares in the second quarter valued at approximately $33,000. Finally, Allworth Financial LP raised its position in shares of Commerce Bancshares by 55.0% in the first quarter. Allworth Financial LP now owns 651 shares of the financial services provider's stock valued at $40,000 after buying an additional 231 shares in the last quarter. Institutional investors and hedge funds 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.